RBA Governor Philip Lowe’s comments overnight have pointed out what Australians already know and what the Government doesn’t understand – that stagnant wages are slowing the economy.

In its latest economic update, the OECD has slashed Australia’s economic growth forecasts for this year and next.

The defining feature of the 2018-19 Final Budget Outcome is a $4.6 billion underspend in the National Disability Insurance Scheme.

Minutes released by the RBA Board today have confirmed that Australian wages remain stagnant, consumption is weak, and this has contributed to the slowest growth since the GFC on the Liberals’ watch.

Today’s National Accounts show that annual growth is weak and getting weaker, yet the Morrison Government still doesn’t have a plan to turn things around.

Record low interest rates are not enough to turn around an economy which is floundering on the Liberals’ watch.

When it comes to blame-shifting and finger-pointing these latest excuses for economic mismanagement are a new low even for the Liberals.

Today’s news that capital expenditure has gone backwards is further proof of an economy which is floundering on the Morrison Government’s watch.

Josh Frydenberg’s latest finger-pointing foray is falling down around him as more and more people realise that telling business to invest more is not an economic plan.

Today Josh Frydenberg has delivered yet another speech that is long on finger pointing and short of a plan.