Albo to deliver his promise of falling living standards

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Falling living standards is what he promised, and he’s not going to spend his political capital on anything else! AFR.

Anthony Albanese is hosing down expectations his government is about to embark on a bold new agenda just because it has a commanding majority, saying it must first deliver on what it has already promised so as not to sabotage voter goodwill.

In his first major speech since Labor’s election victory last month, the prime minister will tell the National Press Club on Tuesday that his government’s immediate focus is the delivery of its current agenda, whether that be the transition to clean energy, housing, bolstering Medicare or seeing people through the cost of living crisis.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.