Ian Verrinder
๐ค SpeakerAppearances Over Time
Podcast Appearances
Taxpayers, all taxpayers get it.
It's not a huge amount of money.
It doesn't come cheap, though, because everybody gets it.
And so when you multiply even a small amount of money by the entire population or the entire working population, it does add up.
And so it looks like a lot of money being put out there.
But, I mean, just $250.
Yeah, it doesn't really make that much of it.
Yeah, that's right.
But it's not going to do a lot for, you know,
for the kind of price pressure that everybody's going to be under and it is, as you say, out there in the future.
Again, does it mean a lot?
It won't mean a lot, I wouldn't imagine.
And again, it's one of those measures that it doesn't sound like a lot of money, but you multiply it out by a lot of people and it does cost a reasonable amount.
But I mean, I think what you're seeing here measures...
that the government is trying to do to try and ease the cost of living.
So they're trying to do something, but you've had the Reserve Bank essentially say, whatever you do, please don't get out there and start splashing money around during this kind of environment because all that you're doing is fuelling inflation, which makes the central bank's job that much more difficult.
And look, when you're talking about smallish amounts of money like this, people don't notice it.
And they're quite expensive kind of measures in many ways.