Next week, we’re asking the questions Australians should be ask
As living costs and government debt soar, Australians need to understand what is changing and how to protect their financial future.
As living costs and government debt soar, Australians need to understand what is changing and how to protect their financial future.
There are questions politicians love answering.
Usually, because the answers have already been prepared.
Then there are the questions nobody particularly wants to touch.
Those tend to be the important ones.
Next week, over three special nights, I’ll be joining Pat Mesiti, Peter Costello, and Martin North for a conversation about where Australia is headed financially... and what that could mean for you and your family.
And I don’t think this is the time for polite little talking points.
Australians are under pressure.
The mortgage is higher.
Rent is higher.
Food is higher.
Energy is higher.
Insurance is higher.
Government spending is higher.
Government debt is higher.
Yet somehow ordinary Australians are constantly told that another tax, another regulation or another government program will solve the problem.
So next week, we’re going to ask some harder questions.
Is Australia still a country where an ordinary person can work hard, buy a home, accumulate assets and become financially independent? Or has that become substantially more difficult?
Is the government actually solving the cost-of-living crisis? Or has government itself become one of the highest costs Australians now have to carry?
What happens when governments continue accumulating debt year after year?
Who ultimately pays for it? And what does that mean for future taxes, living standards, and the opportunities available to our children?
And what about the Australians who have spent 20 or 30 years following the rules?
They worked.
Saved.
Invested.
Bought property.
Built their super.
Planned for retirement.
Is it fair to continually change those rules after people have already structured their lives around them?
And then there is the biggest question of all: What do we do now?
Because there’s no point spending three nights simply complaining about Canberra.
You need to understand what is changing.
You need to understand what it could mean for your money.
And then you need to decide what you’re going to do about it.
Across the three nights, you’ll hear very different perspectives.
Peter Costello brings the experience of Australia’s longest-serving Federal Treasurer.
Martin North brings the economic data and what he is seeing inside Australian households.
I’ll certainly have a few things to say about government.
And Pat will be pushing all of us for straight answers.
I suspect it’s going to be a fascinating conversation.
“It is no good thinking that someone else will pay—that ‘someone else’ is you.”
– Margaret Thatcher
Join 50K+ readers of the no spin Weekly Dose of Common Sense email. It's FREE and published every Wednesday since 2009