An incredible 30 businesses a day have gone broke since Labor came to power in 2022, the hardest hit being hospitality, construction and retail.
Corporate regulator ATSIC reports 14,011 businesses have gone under in the 2025-2026 financial year.
Since Labor took government in 2022, 47,728 businesses have gone bankrupt, about 30 per day.
Small business is the largest employer in the nation and is the backbone of the economy. Without mum and dad enterprises unemployment and mortgage stress have soared.
While the Australian Bureau of Statistics posts the unemployment rate at 4.4 per cent it classes a person working one hour a week as being employed.
Official labour statistics—including those from the Australian Bureau of Statistics (ABS)—use the international standard that doing any paid work for one hour or more in a week classifies you as employed.
Hence Australia’s real unemployment rate is off the charts. It has to be with Labor’s overflow of migrants.
ABS data published in April reveals 1,154,000 permanent and long-term arrivals to Australia over the year to February 2026.
In 2026 we are seeing the highest levels of annual arrivals on record in fifty years (since 1976).
Around 5.3 million Australians aged 16 and over receive direct Centrelink income support payments, making up roughly 19% to 24% of the population. When adding broader subsidies, family benefits, and government wages, about half of Australian households receive some form of government payment.
The blame for this economic malaise can be sheeted directly to LibLab whose globalist policies of Net Zero, Climate Change, de-industrialisation, red, green and black tape, unbridled immigration and high taxation have decimated the country and it could not have happened by accident.
According to recent polls there could be 20 per cent of voters still supporting the Liberals despite the lingering carnage of the Covid 19 plandemic and toxic mRNA vaccines, labelled as bioweapons by several medical authorities, which have killed or injured millions of Australians.
The legacy media has been responsible for much of this democide by refusing to publish any medical study which went against the globalist agenda particularly during 2021-2023 period of mandated vaxxes.
Enter Pauline Hanson who, after 30 years of warning dumbed-down Aussies, has finally gotten through to about one third of the population.
One Nation left an expose of the Covid scam to its capable Senator, Malcolm Roberts who cut a swathe through the medical profession and the corrupt TGA presenting evidence of medical malpractice and economic devastation during the fascist lockdowns and enforced jabs with experimental vaccines 2020 – 2023.
The Commonwealth Government subsequently introduced the JobKeeper and Boosting Cash Flow for Employers programs to support businesses and employees in their employment.
These programs cost the federal Liberal government $119.8 billion, a spending spree from which the country has not recovered.
Former Liberal Prime Minister Scott Morrison profited immensely from the Covid 19 scamdemic as did numerous State Premiers, Chief Medical Officers, the TGA and many others.
Morrison’s $52m windfall was independently audited and accurate in 2024 (commissioned by Cairns News). Vaccine companies are believed to be the source of this bribery.
Australia now languishes in 32nd position according to International Monetary Fund’s latest Top 50 economies (Real GDP Growth).
The Liberals and Nationals have blamed everything but the Covid scamdemic for their malaise but there has been an awakening among voters that something was radically wrong with the mandated vaccines.
Nearly every family has been affected by the deadly vaxx rollout. From our inquiries, research and anecdotal evidence almost every person in the country knows of or has a family member, friend or acquaintance injured or killed by mRNA Covid-SARS 2 vaccines.
Interestingly the latest US survey revealed 56 per cent of Americans are aware Covid vaxx killed millions of their citizens.
Where are the ABC, Fairfax and Murdoch media?