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Labor’s economic statement: how much trouble are we really in?

Australian Politics

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The Economy Is Going to Get Tougher. Don't Smile.

Jim charmers delivered a statement to the parliament, up dating all of us voters onlookers about the state of the economy. So he didn't give a lot away on the budget, but said, a domand gloom. He touched on how the inflation generally, andin flash in higher wages growth, will probably cost expenditure and extra 30 billion over the next three and a bit years. The big one, of course, is wages. That real wages are going backwards big time. E teased a little bit about what's going on around are some of the things that the it was capitalized in the speech, the rots orders. And then we got to the october when s

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