During the election, and many times before it, PM Anthony Albanese made a great virtue of being the only son of a mother who lived on a pension in a government residence in a Sydney suburb. It was all about the high morality of poverty.
Raised by a single mum on a disability pension, @albomp has never forgotten where he came from.
He’s never tried to change who he is. With Albo, what you see is what you get.
Let’s make him Prime Minister.@AustralianLabor #auspol #AlboForPM pic.twitter.com/5LEcMX1Ooo
— Queensland Labor (@QLDLabor) December 6, 2021
Really? The Albanese Government came to power promising cost of living relief for Australia’s poor. What it is doing instead is so shocking that it could and should end the government.
Readers know the story. Australia, the energy “superpower”, has a severe energy drought everywhere east of WA. The culprits are foreign-owned gas and coal cartels that are over-exporting Aussie commodities, as they war-profiteer, driving local prices wild.
The result is 600% price hikes in wholesale gas and coal. And 100% price rises in utility bills for ALL businesses and households, even though the coal and gas are dug up virtually free down the road.
Sure, utility bills constitute only 3% of the CPI. But when you double that and get a pass-through of costs as well, it will add 3-5% to the actual CPI outcome over a year or more.
Even worse, it is highly regressive. Most notably for essential goods like food which are energy intensive to produce.
And it gets worse. The problem for Australia’s less well-off is that energy constitutes a much higher proportion of their overall budgets as well. How much?
Double, triple, and quadruple that of the rich. From ACOSS:
Albo’s mother must be shivering in her cold and dark crypt.
