TONY PASIN MP
MEMBER FOR BARKER
ASSISTANT SHADOW MINISTER FOR INFRASTRUCTURE AND TRANSPORT
AUSTRALIANS ARE POORER UNDER LABOR
Member for Barker Tony Pasin MP says after more than a year of the Albanese Labor Government, the latest National Accounts show Australia is now in a per capita recession.
Australians are poorer per person than they were six months ago with the economy only growing off the back of record population growth.
“Under Labor, living standards are going backwards, the economy is shuddering to a halt and Australians are feeling poorer under this poor performing government,” Mr Pasin said.
“The economy is only growing because the population is growing. If wasn’t for record migration Australia would be in a technical recession.
“Cost of living pressures are bearing down on household budgets. Australians are needing to work more hours to make ends meet but they’re working more hours for less.
“The government is distracted. It has the wrong priorities; it’s making the wrong calls and Australians are paying the price.” Mr Pasin said.
What the June quarter National Accounts tell us:
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