- WELCOME RELIEF BUT RBA DOWNGRADES OUTLOOK FOR LIVING STANDARDSToday’s rate cut offers a bit of welcome relief to struggling mortgage holders. But, even with this cut, interest rates remain well above where they were when Labor came to office. After 12 interest rate rises under Labor, there have been just 3 cuts. Under today’s 3.6% cash rate, the average mortgage holder is still … Continued
- YOUNG AUSTRALIANS TO HELP SHAPE THEIR OWN FUTURESAround 50 Sunshine Coast students have been given a powerful voice in shaping Australia’s economic future, taking part in the first of a series of forums on Australia’s future launched by Federal Member for Fairfax, Ted O’Brien. The future-focused workshop brought together student leaders from Suncoast Christian College, Maroochydore High School, The Industry School, Matthew … Continued
- NO END IN SIGHT TO THE SKYROCKETING COST OF LABOR’S ENERGY TRANSITIONTED O’BRIEN MP DEPUTY LEADER OF THE OPPOSITION SHADOW TREASURER MEMBER FOR FAIRFAX DAN TEHAN MP SHADOW MINISTER FOR ENERGY AND EMISSIONS REDUCTION MEMBER FOR WANNON There is no end in sight to the skyrocketing cost of Labor’s energy transition. That’s the clear takeaway from the Productivity Commission’s latest report. While the Commission stops short … Continued
- ‘No net tax increase’: Coalition’s red line for Chalmers’ summit – AFRShadow treasurer Ted O’Brien has drawn a line in the sand ahead of Treasurer Jim Chalmers’ productivity summit, saying the Coalition will only agree to tax reform that results in no net increase to the tax burden. After Chalmers gave himself leeway last month to increase taxes by saying he was open to ideas that were “broadly … Continued
- CPI DATATED O’BRIEN MP DEPUTY LEADER OF THE OPPOSITION SHADOW TREASURER MEMBER FOR FAIRFAX MEDIA STATEMENT Interest rates have been too high for too long under the Albanese Labor Government, but today’s CPI data will offer hope to struggling Australian mortgage holders that a rate cut is on its way. The Australian Bureau of Statistics has … Continued