Twitter (X) user AusPolCommenter claims that the Albanese government is a “good government” because it “took 66 promises to the 2022 election. To date, they’ve delivered 27 and are in progress on 29 more. That’s 84.8% and shows it’s a government that does what it says on the tin”.
In my opinion, this is a silly metric to measure the success or otherwise of a government.
The Albanese government also promised in December 2021 and January 2022 that it would run a smaller immigration program if elected.
Instead, the Albanese government ramped immigration to record levels, importing nearly one million net overseas migrants in the government’s first two years.
This surge in immigration drove a spike in property rents, smashing Australian tenants.
Therefore, Australia’s renters may feel differently about whether this is a “good government”.
The Albanese government also promised to lower energy costs. Instead, we have seen gas and electricity prices spike, which the government has tried to hide by spending taxpayer money on subsidies.
The macroeconomic data is also unflattering to the government.
Australians are enduring their longest ever per capita recession, which has run for seven consecutive quarters.
Australian real per capita household disposable income has also experienced its largest ever decline.
The decline in Australian household incomes is also the most severe in the developed world.
In a pure material economic sense, the Albanese government has been a disaster.
