This may help explain Labor's win

It is easy to get bogged down in complex explanations as to why Labor had an historic Federal election win. No doubt a contributing factor is revealed in the chart below. Since 1978, the average unemployment rate in Australia has been 6.19%. Of all our Prime Ministers, Albanese has

This may help explain Labor's win

It is easy to get bogged down in complex explanations as to why Labor had an historic Federal election win. No doubt a contributing factor is revealed in the chart below. Since 1978, the average unemployment rate in Australia has been 6.19%. Of all our Prime Ministers, Albanese has

Macquarie Bank dominating growth in owner occupied housing lending

Over the last 12 months, Macquarie has grown its mortgage lending market share by 0.7%, more than three times faster than second fastest, Bendigo. Westpac, NAB, CBA have lost market share.

Insurance prices up 44.1% in Adelaide under Albanese

Digging into the quarterly CPI allows a more specific identification of cost of living pressures. The chart below shows the top and bottom 15 product price changes since Labor elected in May 2022.

Westpac winning in business lending

Over the last 12 months, Westpac has increased its market share of business banking by 0.7 percentage points, marginally faster than CBA. NAB has lost market share but still has largest share, 21%.

Double that of France - 31.5% of Australians born overseas

Data released by the ABS shows that an extraodinary number of Australian residents were born OS, 32.5%. This compares to Germany (19.8%), the UK (17.1%). Of democracies, Australia leads the pack.

Inflation under Albanese well above Scott Morrison

Since 1959, the average quarterly inflation rate in Australia is 1.1% (4.4% annualised). The chart below calculates averages by PMs. Albanese is right on average, but well above Scott Morrison, 0.6%.

Three major banks losing market share in domestic banking market

CBA, NAB and Westpac have all lost market share over the last year. CBA still accounts for 20.49% of total resident assets, but this is down 0.7 percentage points over the year to March 25.

Covid deaths per week have doubled under Labor

Since the election in May 2022, the Labor Government (Albanese/Butler) has overseen an average of 100 doctor certified Covid deaths per week. This compares to 53 under the Coalition (Morrison/Hunt).

Are we sure Albanese is the highest taxing Prime Minister?

Prime Ministers and Treasurers ranked by the level of taxation gathered - expressed as percentage of GDP. Since 1959, Labor Governments have actually taxed less than Liberals