What Is Canberra Thinking?! This Might Be The Most Insane Thing They’ve Ever Done With Your Money

By Scott Kuru

Community Score: 50% | 1.2K views | 1mo

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Australia has been sold a story about inflation that does not survive contact with the data. This one will not go down well in Canberra. In this video, I walk through the official numbers on public sector growth, the productivity collapse across health, education and public administration, and the way ministers have been appointing people to taxpayer funded roles. Then I connect all of it to the things you actually feel, which are your wages, your mortgage, your power bill and the cost of building or buying a home in Australia. If you invest in Australian property, own a home or simply want to understand why interest rates, inflation and housing affordability keep moving against ordinary Australians, this breakdown gives you the full picture in one place. 🏘️ Subscribe now to become a property insider and stay ahead of these market-changing trends. ➡️ Timestamps: 00:00 Intro | The paperwork Canberra hoped you would miss 02:03 A payroll growing faster than you think 05:14 Productivity

Tags: Scott Kuru, Australian economy, Australian property market, RBA, Reserve Bank of Australia, interest rates Australia, inflation Australia, cost of living Australia, government spending, public service Australia, Australian Public Service, productivity Australia, Albanese government, Jim Chalmers, wages growth Australia, mortgage rates Australia, house prices Australia, property investing Australia, Australian politics, taxpayer money

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