Australia's Living Standards Decline

5 months ago
313

Throughout my entire time in the Senate, I've consistently spoken on the need to restore Australia's productive capacity through the construction of new infrastructure.

It's a simple metric: the living standard of each Australian is expressed as our gross domestic product divided by the population. With 5 million new Australians in the last 10 years - 2.5 million under this Labor government - our gross domestic product is being split into more slices for the new arrivals faster than it is growing.

As a result, the standard of living for individual Australians is going backwards and has fallen by 8% since Labor took over. Did anyone hear Prime Minister Albanese promise in his 2022 election campaign to reduce the living standards of everyday Australians by 8%? I didn't.

The answer to falling living standards is to reduce immigration.

The Government must also embrace the other side of the equation, which is building new infrastructure to enhance our productive capacity.

This video explains One Nation's 'build baby build' policy, which we are taking to this election.

Transcript: https://www.malcolmrobertsqld.com.au/australias-living-standards-decline/

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