The earliest the new parliament could sit is July, as the newly elected Senators were only eligible to take up their seats from July 1st. Nothing to say about Constable Clod, upon being elected Opposition Leader taking a two month OS holiday! Labor has inherited a trillion dollars of Liberal Party debt, with nothing to show for it, except a few billionaires getting richer as ScumO' and Friedbrain lined their pockets with taxpayer cash. Unemployment under Labor is now at a 50 year low, and workers have been awarded a modest pay increase, something the Coalition opposed.

Paul,

Firstly the House does not require the Senate to sit at the same time, secondly, it is nearly August and the election was in May, and the house sitting dates are determined by Labor to accommodate Albozo's OE. Albozo certainly hasn't been quick out of the starting blocks.

Albozo has to deal with inflation, Labor's $800bn debt, and his impossible 43% carbon cut by 2030.

SM,

No doubt Gerry Harvey will agree with you. As for the trillion dollar debt, its all down to the Coalition, they were the ones spending like drunken sailors, don't try and tag Labor with that disgrace. The reckless spending, economic mismanagement, cash rorts and pork barrelling by the Coalition has left us with massive debt and surging inflation, which will take time to bring under control. Inflation relatively quickly, but the Liberal debt will take 60 years to pay off with the best of estimates.

Paul,

Labor is entirely responsible for Labor's $800bn debt so stop trying to blame it on the coalition. The last time Labor took over they had $90bn cash in the bank.

That the inflation is surging is due to Labor's promise to spend 10s of $bns more than the coalition. They are also responsible for the huge interest increases.

I see Labor is already backing away from its promises. I see real wage increases are out of the window.

So the sky is falling, the economy is collapsing and we're all doomed after just one day of Parliament with no legislation yet passed and the sins of the previous regime are now entirely the fault of the new encumbents?
Amazing.

Meanwhile the expected inflationary effects of Jobkeeper and other economic stimulii are now showing up and the Reserve Bank waited too long to take some heat out of the economy but it's suddenly all the new treasurer's fault.

Nobody ever mentions that the mythical "surplus" announced by Howard in his last Budget was effectively all spent in a desperate bid to buy votes in the election later that year. I remember how much it annoyed Costello who thought if Howard magically won and then retired, he would be left with nothing after all his "work", but hey, let's all keep pretending about what marvellous financial managers the Libs are, in spite of all the facts and obvious statistics to the contrary.

If it makes their supporters even angrier, so much the better.

Rache,

When you have a fwit claiming that the $800bn debt was $1T and entirely due to the coalition, it needs to be pointed out that Labor took a $90bn surplus (at the time labor took over) and left a roughly $200bn debt, much of it in the second term when there was no crisis.

All the time the coalition was doling out compensation to those isolated, Labor was calling for more to be spent. Even now they are going to continue the cash splash even though the need for it has largely gone.

Labor is happy to claim credit for the strong economy and low unemployment that the coalition left, but blame it for all the rest.

The reality is a booming economy and high employment increase inflation. Labor has had 2 months to start cutting spending to control inflation but are happily going to spend even more.