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-   -   War in Australia (any Oz Politics): the Original (https://www.pprune.org/jet-blast/477678-war-australia-any-oz-politics-original.html)

Worrals in the wilds 13th May 2014 20:28


I've always thought it would be much kinder to only allow widows and their children to come here.
Not all blokes are bad though, not by a long shot. That goes for immigrants as much as the local species.

No surprises with the budget, unfortunately. Who needs science anyway :ouch:? I guess it will help the new school chaplains preach their fire and brimstone rhetoric. :bored:

BenThere 13th May 2014 21:14


Well, Hockey and Abbott have shown their true colours with this joke of a budget.
I found it quite refreshing.

Imagine! A government addressing reality!

500N 13th May 2014 21:17

Was just reading an article in the Age on that !

Along the same lines !

Ovation 13th May 2014 22:30


Well, Hockey and Abbott have shown their true colours with this joke of a budget.
Where were you when Wayne Swan was handing down his grossly irresponsible budgets? Surely you remember Swan telling us all about his forecast surpluses that only he and nobody else believed? The Sh!t was always gonna hit the fan one day - the choices were to fix it now or end up a basket case like Greece.

The adults are now in charge - get used to it.

500N 13th May 2014 22:35

Ovation

Funny how you mention Swan, his name was mentioned in a couple
of articles on the budget, often in the first two paragraphs !!!

And not good words either.

As you say, pull it into line now and fix the damage Labour did !

gupta 13th May 2014 23:48

What really cheesed me off this morning on ABC radio:

Caller asked "what about the single mum with 4 kids?"

My thoughts were "what about the father(s) putting their hands in their pockets and supporting their offspring?"

Only under special circumstances (illness/widowhood) should I as the taxpayer be asked to contribute. Garnish the parents wages before mine !

parabellum 14th May 2014 00:42

The senior economist for one of the major US financial houses was interviewed on SKY this morning, he gave Hockey a high rating overall for the budget and 10/10 for some aspects.


One aspect he particularly liked, (and castigated Swan for doing), was that Hockey had not taken in to account unrealistic economic forecasts for Australia over the next four years, when doing his calculations.


What would you prefer Kodachrome, same old unworkable, unrealistic, non productive rubbish that Swan and the ALP were pushing out for the previous six years? Look where that got us! A billion a month in interest payments alone. There are none so blind Koda!

500N 14th May 2014 00:44

The left are so blind to what was going on in the last 6 years and
seriously thought it was a bottom less pit of money.

We all said reality would strike them, it now has !

chuboy 14th May 2014 00:45


Originally Posted by Ovation (Post 8476992)
The adults are now in charge - get used to it.

Give me a break :rolleyes:

While we're chanting election slogans, whatever happened to:
  • no cuts to education
  • no cuts to healthcare
  • no cuts to abc or sbs
  • no new taxes
  • budget surplus by the next election
  • no change to the pension
  • no excuses
?

But I suppose it's more convenient to pretend they were never uttered. Perhaps you don't recall? :E

Or is it more of a case of special pleading, that some promises are more equal than others?

Oh, I forgot another slogan - "no surprises" - well maybe not.

gupta 14th May 2014 00:55

To paraphrase:

What would you prefer Chuboy, same old unworkable, unrealistic, non productive rubbish that Swan and the ALP were pushing out for the previous six years? Look where that got us! A billion a month in interest payments alone. There are none so blind Chu!
At last someone has bitten the bullet.

If you or I were so far in debt, and kept on spending, the bankruptcy court would be the next stop.

I get this mental picture of all the ALP/Greens wandering round with fingers in ears & eyes closed going "abbotbad abbotbad abbotbad"

500N 14th May 2014 01:06

"no cuts to abc or sbs"

The ALPBC opened it's big mouth and made itself a target.

And in any case, the cuts they got were very minor indeed !

chuboy 14th May 2014 01:06


Originally Posted by gupta (Post 8477138)
If you or I were so far in debt, and kept on spending, the bankruptcy court would be the next stop.

Accepting, for argument's sake, that what you have said is true - and that is debatable - it is irrelevant because running the Australian economy is not the same as running a household budget. They are chalk and cheese.

chuboy 14th May 2014 01:09


Originally Posted by 500N (Post 8477145)
And in any case, the cuts they got were very minor indeed !

No arguments from me.

But it doesn't change the fact that the no surprises, no excuses government has now delivered one of several broken promises. So facile gloating about adults being in charge is probably not warranted.

500N 14th May 2014 01:13

Oh yes, for sure.

I am a supporter of Abbott but he has def broken some election promises.

But, I think if things get good in the next 3 years, he will get away with it.

That's my HO.

parabellum 14th May 2014 01:31

"There will be no carbon tax in a government that I lead" - really?


Nothing worse than so called adult pollies running around shouting, "Liar Liar your pants are on fire" at each other.

Clare Prop 14th May 2014 01:34

Meanwhile, as Ralph Blewitt gives testimony about the AWU slush fund in a RC that Bruce Wilson was a "standover man" the same Mr Wilson, once groomed by Bill Ludwig to be a future PM, was outside punching a photographer...

Gillard certainly hooked up with some charmers didn't she. Of course one of her main criteria was that they be married to someone else. :mad:

gupta 14th May 2014 01:35

Actually chuboy I'll have to call you on this

it is irrelevant because running the Australian economy is not the same as running a household budget. They are chalk and cheese
When your interest bill is higher than your surplus then you are going backwards very quickly, heading for Greece & Ireland

If ALP supporters can't see this its no f*cking wonder that the economy goes down under the ALP everytime. The only ALP government that got it right sometimes was Hawkey's

chuboy 14th May 2014 02:15


Originally Posted by gupta (Post 8477160)
Actually chuboy I'll have to call you on this


When your interest bill is higher than your surplus then you are going backwards very quickly, heading for Greece & Ireland

If ALP supporters can't see this its no f*cking wonder that the economy goes down under the ALP everytime. The only ALP government that got it right sometimes was Hawkey's

I'm not arguing that the budget position is fine. Changes are needed - the question is how quickly. Do it too fast and you could end up worse off than when you started.

But let's not create analogies for the federal budget that are not actually analogous. The government doesn't have a Visa credit card issued by their local bank with which they pay for the country's expenses. Australia's credit rating is still exemplary, so as far as the institutions purchasing bonds are concerned we are not in imminent danger of becoming Greece or Ireland.

Accordingly, I disagree with some of the ways the government has tried to reduce the deficit. Slashing investment in healthcare and education is a tough pill to swallow when the government could have increased revenue by closing tax loopholes and rorts (like FBT on motor cars which was inexplicably brought back from the dead) and eliminating negative gearing. Millionaires and multinationals gaming the system so they pay less than your weekly wage in tax? Billions for more fighter jets and nearly half a billion for school chaplains? Meanwhile investment in developing clean technology is canned? And the govt is still setting themselves up for failure investing in the current manifestation of the NBN.

In fairness there were some parts of the budget I am pleased to see. Gold pass for ex-pollies got a deserved flick. A medical research fund paid with contributions from visits to the doctor is a good thing. I would like to see this have positive effects on our universities. Changes to the higher education support scheme are a mixed bag - no one is going to be happy about paying higher interest on HECS, or having to pay it back above a lower threshold. But, to the government's credit, TAFE students can now get a HELP loan for study. Universities being free to charge as they please for courses will (I hope) lead to improved standards of education.

Hitting the rich with a debt levy is a broken promise that goes against every Coalition grain, but in some sense it lends credibility to the narrative that we are all supposed to pull our weight. I don't mind it (but I'm not rich!). I think Family Tax Benefit B could have been eliminated altogether as well, but reducing the threshold is a start. It was unsustainable to start with. Howard seeded and really entrenched the entitlement mentality by bringing it in to start with IMO. So glad to see it finally getting the can.

I don't love it, but it could have been worse. It could have been a lot better. Time will tell whether Tony will regret making so many promises in front of dozens of video cameras and radio mics - perhaps if he had not people would be more accepting of this budget.

I am still sceptical that becoming debt-free should be our No 1 priority though. Dealing with a structural deficit, sure. But a surplus will not do a govt any good if citizens are watching the country crumble around them.

gupta 14th May 2014 02:32

Thanks for a reasoned response Chuboy.

We can still disagree on certain issues though - I still believe that the way out of all this is not to increase borrowing. Oz may have a stellar credit rating but that doesn't mean go out & borrow. My bank thinks I have a good credit rating too - it keeps offering me a higher Visa limit, but the way for me to survive in this day & age is not to borrow more but to STOP SPENDING on things that are, in the end, luxuries. I.E. live according to my available funds.

Getting rid of negative gearing is a poisoned chalice - in the short term, rents will rise to bring properties back into positive gearing, and when most of the investment stock is gone, rents will rise again due to demand. Sure, it may bring some properties down in value but I wouldn't be holding my breath.

Changing the FBT on motor vehicles is again, a can of worms which can hurt the low income earner more than the fat cats - many not-for-profit organisations reward their executives with a car to make up for the low salary.

I think what got up a lot of noses with the previous governments was the pie-in-the-sky ideas to please the Greens (& unions), who certainly have no idea of any economic reality. Look at the featherbedding in the GMH workers T&C's. As a small business owner & employer I'm the one taking the risk, yet I'm the last to get financial security.

CoodaShooda 14th May 2014 02:35


Australia's credit rating is still exemplary
So was Lehmann Brothers', up to the day they collapsed.

I lost all faith in credit agencies the day S&P gave me a report claiming a contractor was rock solid when Deloitte and KPMG agreed he was insolvent.

Then came the GFC....:ugh:

When large companies across the spectrum are closing or laying off staff and governments are jumping on the "slash expenditure and red tape" bandwagon, you know the country has an overspending problem.


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