I doubt Scomo and his Lib team would realize that it was a vote AGAINST Scomo rather than a vote FOR Albo, Labour and their policies.

Private Nuts wrote: ↑Sat May 21, 2022 9:43 pm All I care about is the AUD to the USD and maybe some other currencies.
I don't know anything finance. I'm a little worried to tell you the truth. I don't know what affect his policies will have on the dollar. But we are currently sitting at 70 cents to the USD, so only time will tell. I want that AUD back up over 80 cents!.

The AUD is largely a proxy for commodity prices. Labor has a record of bigger budget deficits and more debt so I would expect higher interest rates than would be otherwise.

I had to laugh last nite when I saw Frydenberg and Scomo patting themselves on the back for 'having one of the strongest economies and lowest unemployment coming out of covid'. There was no mention of that unspeakable...gov't debt or borrowing $$ to do it. They threw the kitchen sink and then some to achieve that imo. Then again, OZ had one of the lowest govt debt in the western world so they were actually able to do it by issuing govt bonds without raising too many red flags. Nevertheless, as interest rates rise with inflation, I fear the interest burden on that debt will bear heavily on the younger generation for a long time.

I'm not saying they shouldn't necessarily have done that to save jobs, businesses etc but it came with a cost that hardly ever got mentioned in the election narrative and made them look like good economic managers. And with very low interest rates it made sense. However, I think Albo has admitted that his govt's policies would involve a blowout of the budget.

Username Taken wrote: ↑Sun May 22, 2022 5:14 am I doubt Scomo and his Lib team would realize that it was a vote AGAINST Scomo rather than a vote FOR Albo, Labour and their policies.

https://r.search.yahoo.com/_ylt=Awr9Im3 ... hfNJ3yDSc-

It was great to see a church going religious man hug his wife and two daughters in his final speech and say how important family are, while not giving a shit about how much he has bought turmoil to the lives of another family and two young girls who were born in Australia.

I based my vote on how he ignored the hundred thousand plus Australians who signed a petition wanting them to stay.