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Labour= tax tax tax......and tax again

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By:
AFL
When: 25 May 10 08:04
I think her stated option was something along the lines of a rebuff would have been enough. FFS it was a Diplomat/Spy? they expelled, not their highest representative in this country. My reaction to this did not come from any particular anti Israel stance, but anti any country that allows this sort of thing.
I am sure in the nudge nudge wink wink James Bond world of spying, this thing must go on. But surely it is undertaken in the full knowledge that if detected by the offended country, they will at the very least expel any Diplomat found to be acting in this way.
By:
Aussie Punter
When: 25 May 10 10:40
Def AFL- Im not anti Israel as such , but it could be read that way. Id kick any diplomat caught of spying etc ( include Americans) if say for example they tried to hijack the CSIRO. In the espionage world, from what Im told , China has fairly heavily Infiltrated the West in a number of spectrums
By:
Mrben
When: 25 May 10 11:02
yes thats right lets concentrate on something inconsequential so we can ignore the financial devastation Rudd is raining down on Aust.

you AFL ridicule the opposition for opposing everything yet YOU oppose everything that is not ALP.Its bad for the opposition but alright for you? typical left wing hypocrisy.
By:
Craig The Speculator
When: 25 May 10 11:05
the current Labor government is appalling but I must give credit to Lindsay Tanner - he comes on and defends the indefensible but he does it very well

impressive bloke imo
By:
VeryLTU
When: 25 May 10 12:01
very true Craig, Lindsay Tanner is clearly the person with most talent in the entire ALP and sometimes he does something very unusual for a politician... he actually tries to explain something honestly.
By:
AFL
When: 25 May 10 12:05
Mrben, if i am hypocritical for opposing everything liberal....Then so must be the Liberal Party be hypocrites for being critical of Labour for opposing everything Liberal when the Libs were in office...and then opposing everything Labour when Labour are in office.

The only differance is that Labour had a vision and a plan for the future....and it's going well as far as i can see...and the Libs have ZILCH, nuttin...and they are bogged down in the quicksand of mediocrity.
By:
VeryLTU
When: 25 May 10 12:07
the chinese infiltration that impresses me the most is in the relaxation massage area. Wow, so much outstanding young talent invading our country. I've told them every secret in my head so far.
By:
VeryLTU
When: 25 May 10 12:22
b4 i forget.
MEMO: Asio, Asis, Dsd

JUst joking boys and girls. No need to patrol the street tomorrow [smiley:crazy]
By:
AFL
When: 25 May 10 12:33
So that's settled then.....we are all hypocrites, me, the Libs and Labour. Hmmm, this has he makings for a new Party....The Hypocrites.....it has a nice ring to it....we could all take the Hypocritcal Oath.

" I promise to take the contrary view to my opponents no matter the consequences. I must have no vision for the future. I must lie always, and never admit i am wrong, and when challenged i must deny everything, admit nothing, and make counter accusations, AMEM " 

and we are away. Vote now and Vote often.
By:
Da_Judge
When: 25 May 10 14:13
The only difference between the major parties, they have different names.
By:
the wiz
When: 25 May 10 23:42
The LIBS are so good at managing our money.They sold two thirds of our gold reserves for $340 an ounce .Now worth over $1200 an ounce.China cannot believe their luck.
By:
AFL
When: 26 May 10 00:03
If the Libs are going to take the credit for the position our economy is in and avoiding the Global recession, through the Future Fund.....Then why should they not take criticism for NOT HAVING ENOUGH in the Future Fund to avoid going into deficit????????.....They have admitted themselves that EVEN THEY would have needed to take our budget into deficit during this crisis? lol.
By:
Aussie Punter
When: 26 May 10 02:04
VeryLTU : Laugh

Stock analyst on Lateline Buisness last night talking about stockmarket " all these brokers running around thinking stocks are cheap at moment using PE to justify their position.Well - debt crisis in Europe, Banks starting not to lend to each other over their, throw in a war in Korea - when the economy tanks earnings revised down- stocks fall."
His advice " sell everything and put it into cash and go and play golf" Laugh
Very refreshing bloke: Michael Patterson i think is his name
By:
angelo2
When: 26 May 10 02:54
The problem with people who invest in the stockmarket is that they apply short term investment guidelines to what  is in essence a long term investment.When a person buys a house they value it at the time of purchase and then value it again 7 years later when they sell it for a 80 per cent profit. They do not value it every day. At the end of 7 years the investor is pleased with himself as to the good investment he has made. The same person buys a share for his super fund. He valuse it on the day of purchase. However instead of valuing it again 7 years later when he makes a 100 per cent profit he values it again at least once a day . Message. Shares are a long term investment. Treat them as such.
By:
Mrben
When: 26 May 10 03:06
the wiz Joined: 22 Jan 04
Replies: 12 25 May 10 23:42 
The LIBS are so good at managing our money.They sold two thirds of our gold reserves for $340 an ounce .Now worth over $1200 an ounce.China cannot believe their luck.


what a truly idiotic comment.
By:
morrissey
When: 26 May 10 06:57
labour governments do the same shyte everywhere
By:
PA for PM
When: 26 May 10 07:00
Is Julie Bishop deputy leader??
[smiley:crazy][smiley:crazy]
By:
morrissey
When: 26 May 10 07:17
is she related to emily bishop of corrie?
By:
wombleoz
When: 26 May 10 22:51
The election will be held by October at the latest, I wouldn't be surprised if it's even earlier - September is out due to the footy finals, so August could well be the go.  Victoria has an election in November from memory so Rudd won't want the interference that will cause.

So my best guess, late August.

Will be interesting but I'll stick with Labor home and hosed and for one simple reason, we avoided recession - well actually 2 simple reasons - Abbott and his lot are a bunch of clowns that have absolutely no idea what they are doing. n.b. Rudd isn't much better but his team wins hands down against Abbott's.

Vote 1 Australian Sex Party
By:
Mrben
When: 27 May 10 07:29
Tony Abbott today announced that a Coalition Government will reintroduce offshore processing of illegal boat arrivals in another country as part of a series of measures to stop the boats and protect our borders.

The Coalition will also reintroduce temporary protection visas and require those on these visas who receive benefits to make a contribution through a ‘work for benefits’ scheme, as is required of Australian citizens.

Tony Abbott said:

“The Coalition will restore the strong border protection regime that the Rudd Government has since abandoned.

“The Rudd Government has lost control of our borders. Since the Rudd Government abandoned the Coalition’s policies in August 2008, illegal boat arrivals have gone from three a year to more than three a week. This has led to a $1 billion blow out in immigration detention costs.”

only the Coalition stands for stopping illegal boats. Only the Coalition has a track record of keeping our borders secure.

Support a strong position on illegal immigration. Because if you vote for higher illegal immigration, that’s what you are going to get.
By:
Aussie Punter
When: 27 May 10 07:40
Why is everyone concerned about the boats ?. Half of them sink trying to get here, just as many would be coming through the front door on planes and going underground in the established communities
By:
Koala Chaos
When: 27 May 10 07:55
"Tony Abbott today announced that a Coalition Government will reintroduce offshore processing of illegal boat arrivals in another country as part of a series of measures to stop the boats and protect our borders."

More drivel from the "Mad Monk" once again appealing to the lowest common denominator! When are we going to hear some real policies from this imposter, not that the other bloke is any better. We are in dire need of a viable third political party, that isn't simply poll driven.
By:
Mrben
When: 27 May 10 08:05
Koala Chaos Joined: 23 Nov 03
Replies: 18 27 May 10 07:55 

When are we going to hear some real policies from this imposter, not that the other bloke is any better. We are in dire need of a viable third political party, that isn't simply poll driven.

Agree koala we need a third but better choice.In fact most of the country would probably agree with that.However the reality is that we have to choose from these two.A vote for greens is a vote for labour.Abbott wont release many real policies until closer to the election so as to avoid dudd copying them.
  Its not that abbott is great , its that dudd is just  such an over taxing fake, so between those two it has to be abbott.A vote for the independants in the senate can hold either one in check .Imagine if dudd had control of the senate we would all be totally broke with a population of 50 million extra immigrants.Dudd could get his next gig with the NSW origin selectors, they are about as successful as him[>o]
By:
VeryLTU
When: 27 May 10 08:34
i feel a humurous e?ection coming on. Gospel truths, half gospel truths, non core gospel truths, revelations of forthcoming jesus style tax office bashing etc. I'm getting down to franklins to get a bible and unravel all these truths as they get spoken with holy reverence. STill get the feeling will be voting for the hypocrits party but just in case they let me down will be sketching some karma sutra illustrations in practice for giving a scrutineer some education, or at least a laugh in the misery of election night.
By:
AFL
When: 27 May 10 10:27
Woolworths says 'stimulus really worked'
Thursday May 27, 2010, 4:41 pm

The head of Woolworths says many Australian retail jobs were saved by the Federal Government's stimulus measures, which were implemented in late 2008 and the first half of last year.

Speaking at a business lunch in Sydney today, Michael Luscombe said the global financial crisis forced the closure of Woolworths' namesake [unrelated to the Australian company] in the UK after 100 years of trading.

Mr Luscombe says the Australian stimulus payments were introduced at exactly the right time.

"That stimulus payment really did work. There was no doubt that it buoyed consumer confidence, and it did protect and save many retail jobs and allied jobs at a critical juncture for our country," he observed.
By:
Kye
When: 27 May 10 10:31
Of course Woolworths would want cash handouts given to everyone.

Could you have possibly quoted a company with more of a self interest. Ask them what they reckon our immigration should be each year & they will probably say around four million
By:
AFL
When: 27 May 10 10:40
ABC
Mining tax won't hit babies' bums: Henry
online political correspondent Emma Rodgers, ABC May 27, 2010, 12:24

Treasury secretary Ken Henry has poured scorn on claims that the Federal Government's new mining super profits tax will push up consumer prices.

The Opposition has launched a strong campaign against the new 40 per cent tax, claiming in Parliament yesterday that it would raise the costs of houses, electricity and "baby bum talc".

Dr Henry was questioned on the tax by senators at a budget estimates hearing this morning amid speculation the Government was considering making significant changes to the tax.

Dr Henry took a swipe at the suggestion that the 40 per cent tax could hit households.

"A lot of people have suggested a profits-based tax will affect prices," he said.

"I learnt in high school, from the study of economics, that profits-based taxes can't affect prices."

Opposition Leader Tony Abbott stands by Opposition claims the tax will impact on prices.

"All I know is that if you increase people's costs they are going to look to ways to maintain their rate of return, that is human nature," he said.

The mining industry has vigorously opposed the tax, saying it will drive investment offshore to countries with lower tax rates.

But Dr Henry says he stands by the Treasury predictions outlined in the budget, which were formulated after the announcement of the tax, and he does not believe there will be an increase to sovereign risk.

"An enormous amount has been said by mining executives and commentators in recent weeks about the impact of the [tax] on mining investment but I can say to you that today we remain very confident of our forecasts for mining investment included in the budget," he said.

He disputed assertions that the mining industry saved the country from recession last year, saying that 15 per cent of jobs were shed from the sector in 2009.

"These statements are not supported by the facts," he said.

"Had every industry in Australia behaved in the same way, our unemployment rate would have increased from 4.6 per cent to 19 per cent in six months."

Treasury has also been under fire from the Opposition and the mining industry over analysis it has used to show that companies only pay about 17 per cent tax.

The Minerals Council of Australia (MCA) released its own figures in which it said the rate was up to 41 per cent.

But Dr Henry has described the MCA's modelling as "not particularly meaningful" or "enlightening".

"I suspect the MCA analysis, if I understand it correctly, simply took tax payable and divided by taxable income and not surprisingly got a figure very close to the statutory rate... and then made an adjustment added to the tax payable," he said.

Dr Henry said Treasury's modelling looked at tax payable as a proportion of economic income rather than taxable income.

The Government wants to levy the tax on profits above the 6 per cent bond rate, but there is speculation it may lift that to about 11 per cent on the recommendation of its consultation panel.

Treasurer Wayne Swan has told Fairfax radio he will "not rule in or out" what changes might be made.

When asked if the 40 per cent rate could be changed, Mr Swan replied: "The 40 per cent is the framework we've put out since day one and that's the framework in which we're consulting."

Mr Swan said any suggestions the tax could push up prices was "alarmist rhetoric".

Mitch Hooke from the Minerals Council of Australia has dismissed the possible change on the cut-in rate as "tinkering at the edges".

"This is a piecemeal approach to policy on the run," he told Radio National.
"We're still coming off the Mount Everest of mining tax regimes."
By:
shiraz
When: 27 May 10 10:51
AFL, I have not read everything you have posted, but I would like to ask you two questions.
At what point in your life did you decide that Labour politics is superior to Liberal politics?
and
Why is it necessary for one "side" to be right and the other wrong?

I am not trying to wind you up, I really am curious about trying to understand.
By:
AFL
When: 27 May 10 10:59
Kye Joined: 17 Nov 04
Replies: 2972 27 May 10 10:31 
Of course Woolworths would want cash handouts given to everyone.

Could you have possibly quoted a company with more of a self interest. Ask them what they reckon our immigration should be each year & they will probably say around four million

So you  agree that the Stimulus had the desired effect?

Talk about Self Interest...lol...

Well i could have quoted the Mining Industry.....but we have been getting plenty of their particular brand of Self Interest in the MEDIA the past few weeks
By:
Kye
When: 27 May 10 11:05
What do expect them to say, please don't ever put more money in the hands of our customers. Doesnt mean the stimulus actually did increase retail sales & any increase in retail sales didnt mean it saved us from recession.

it is more likely other factors such as the drop in interest rates had more effect but i wont bother arguing with someone that has such a blinkered view on the world
By:
Aussie Punter
When: 27 May 10 11:28
I for one am glad to see some factual information parlayed by treasury officials and to that AFL am glad you posted it. It is worth noting that the Libs moved to Immigration after these Senate Hearings today. It would be a fair point that if Stimulus wasn't implemented as Henry says , other Industries possibly were looking at the same measures of the mining Industry in employment cuts of approx 15% of their workforces.
It must also be recognised that the Howard/Costello government, and I point to P Costello moreso, left the finances of this country in great shape on a economic level that allowed K Rudd and W Swan to do what had to be done with Stimulus during the GFC.Some policies ( Installation for eg ) in hindsight have proven to be not the best vehicle however I know a lot of trades people who were able to keep their workers employed because of this and other add-ons such as external house cleaning and repairs.
Likewise , some policies of the Howard years were mortifying such as work choices - and I point moreso to workers who aren't professionals such as Accountants, Lawyers etc but to the hand combat soliders such as frontline retail staff and factory workers which this policy hammered.However , with the Liberal Gov't of the Howard years it could be argued that it was the case " you either die young enough to be remembered as a hero or survive too long to see yourself become the enemey".
This country was lucky or fortunate enough to have the right people at the right times over the last 15 years and I point to our current situation comparable to the rest of the world economies.
To summarise , it is important to give credit when it is due and to lambast when it is needed. Peter Costello has reflected that the Coalition couldn't have achieved what it did if Paul Keating hadn't set the policy settings he did towards the end of his time and these two were opposing parlimentary performers and opponents of the highest order on a number of matters.
You will never hear about these musings in the media driven election battles but it is a worthwhile in weighing up good public policy when presented and most of all "dealing in truth"

Cheers AP
By:
AFL
When: 27 May 10 11:57
shiraz Joined: 14 Jun 04
Replies: 1240 27 May 10 10:51 
AFL, I have not read everything you have posted, but I would like to ask you two questions.
At what point in your life did you decide that Labour politics is superior to Liberal politics?
and
Why is it necessary for one "side" to be right and the other wrong?

Well for a start, in Labour's broad philosophy they stand/ aim for similar ideals as myself. They traditionally...more so than the Libs... look after the less fortunate in our society. Also in the main they protect the WORKER more so than the Libs. To me they have a better vision for the country. Abbott's religious beliefs (which are akin with the those cray nutters in the U.S.A) will influence his decisions in Government.

Also the Opposition are treating the voters with contempt...by not rolling out any policies...and now using the excuse that we can't afford to have a vision and talking the economy down...and pretending the economy is worse than it really is....and are in denial that we are in a better financial  position than the rest of the world, with the exception of China.

Abbott has admitted that he can / will lie under pressure....So if he is elected and gets to strut the world meeting other  leaders ...in walks the bloke that is WEAK under pressure and likely to say the first thing that comes into his head.....regardless of the consequences.....THAT'S NOT A LEADER....THAT'S A FOLLOWER...... HE HAS NOT GOT THE STRENGTH OF CHARACTER TO GOVERN THE COUNTRY. 

As to why one side is right and one side is wrong.....well they keep telling us their differences, and i will make a judgement on those differences.

Kye and if you agree or disagree with my sentiments is fine by me.... but i wont call you an idiot or blinkered or any other insult....because you have a right to your own views, and that is the way it should be....and if i ever met you i'm sure i would be happy to share a drink with you, and that's the way it should be also. lol
By:
shiraz
When: 27 May 10 12:20
Fair enough AFL, you are obviously passionate about your political beliefs. 
I would just add one thing....in politics blinkered points of view do not allow you to see the finish line better, because there is'nt one.
By:
Kye
When: 27 May 10 12:39
AFL you're entitled to your opinion & i have many friends that are strong Labour supporters.

Labour & their followers have every right to gloat about the economy. Swan put his faith in cash handouts & the Liberals (julie Bishop) strongly opposed them. The economy remains strong so Labour won the argument & will use it in election. Bottomline is that Liberals got caught out by their opposing everything policy & backed the wrong horse.

However in reality the economy & why we stayed out of recession is not so simple & there were many factors. Without a doubt the quick action to drop interest rates probably had the most impact. A few countries including the USA had similar stimulus packages & they still went into recession. Also Liberals didnt actually oppose a stimulus pack just the cash handouts. But none of that matters in the eyes of Labour voters b/c they backed the right horse & can gloat about Rudd & Swan's economic management (& luckily for them the election will occur before the economy can head downwards).
By:
AFL
When: 27 May 10 13:14
Cheers Kye.
By:
Jez Melb Punter
When: 28 May 10 00:01
LMAO

The best line I've read on this thread to date.

"Labour's broad philosophy they stand/ aim for similar ideals as myself. They traditionally...more so than the Libs... look after the less fortunate in our society. Also in the main they protect the WORKER more so than the Libs."

LaughLaughLaughLaugh

This goes back to what Labor strategists would LIKE you to believe, the old class warfare - its complete garbage.

But, we cannot forget that the oldest political party in this country, the Australian Labor Party, is the master of spin.

It's amazing to me, that a party that brands itself as being the champion of the battler, the poor mans friend, can actually in government do so much to disadvantage these people.

For example.

The Labor Keating Government.  The recession "we had to have", high unemployment, crippling interest rates, huge national debt bill.......

The Coalition Howard Government. Repaid Labor's $96b debt, lowest unemployment rates in 33 years, low inflation, low interest rates, lower income tax burden, "real" wage growth & greater living standards.

Gee, I'm struggling to see the advantage in all of that for the less fortunate.

Substantiate in goverment, how/when does the Labor Party assist "the less fortunate in society".

Seriously? LOL
By:
Jez Melb Punter
When: 28 May 10 00:09
As for the worker's best friend.

I agree there is a place for the Union movement, but it is most definetely NOT as the kingmaker between employers & employees - I believe in providing people with individual freedom.

If I choose to be on a union-based collective agreement, wonderful.

But, if I choose to negotitate my own flexible terms of employment with my employer, why can't I?

Whilst Workchoices is dead and buried and was a poorly layed out reform - I still believe more flexibility is required in industrial relations.

The Union's won't tell you that people have been disadvantaged serverely as well under Rudd Labor's new regime too.

I doubt there is a one size fits all for industrial relations - but like Workchoices is clearly not the way forward, neither is Union dominated agreements, the answer.
By:
Jez Melb Punter
When: 28 May 10 00:27
AFL - do you have any political nouse?

Since when do Oppositions announce all of their policy framework prior to an election campaign - its politically disadvantaging.

FFS.  The pot calling the kettle black, me thinks.

Besides, remember what happened at the last campaign - wouldn't surprise me if Kevin did his Me-Too routine all over again - such is the current desperation from Labor.

It's funny, besides the fanciful claim "we saved Australia from the GFC" all the Labor supporters that are frantically deflecting attention away from their prized, current elected government - you know the mob that are in power NOW, to deliver on policy & commitements made.

Now why would that be.......
* He said he was an economic conservative, but in fact he is an economic vandal.
* He said he would lower the cost of living - remember Fuel Watch & Grocery Watch?  ROFL
* Remember the Copenhagen summit on Climate Change & Australia leading the world on "the greatest moral challenge of our time".
* He said the "buck would stop with me" but the buck-passing has continued freely.
* He said he would stop the boats, but instead he has softened our countries border protection laws.
* He said he would deliver 31 GP superclinics - to date we have 3.
* He said he would revolutionise education - instead we have an extroidinary rort/waste of taxpayers money.

I could go on...and on.

But no, don't look at Labor's record over the past 2 and half years - look at the Opposition?  ROFL.

My dear Labor friends, your illustrious leader, Kevin, promised so very much - yet has flopped on almost all counts.  The Union's poured millions into the campaign as they will again - but the Australian public have been let down miserably - they have not forgotten the waste, mismanagement & broken promises.

Batton down the hatches, its going to be a dirty campaign - and comrades - don't go counting your chickens just yet....
By:
henryluca
When: 28 May 10 00:32
RUDD the DUDD
By:
Jez Melb Punter
When: 28 May 10 00:46
Again.

Australia was in a fiscally strong position prior to the GFC, we had a neatly regulated banking sector - we were ahead of the pack before the storm hit - the Coalition's sound economic management had us perfectly prepared.

Rudd Labor heard GFC, panicked and overspent BIG time.  The Coalition did not oppose stimulus, but opposed the size of the stimulus. 

The Nation Building stimulus is still underway now and our taxpayer dollars are being wasted & rorted - but don't blame Rudd Labor, its not their fault.

A story I heard last week, Sutton primary school in NSW.  $850,000 of stimulus bought an "unusable" library that is smaller than the one it replaced.  Costed by NSW Education at $470,000.  WASTE.

http://www.canberratimes.com.au/news/local/news/general/850000-buys-sutton-school-unusable-library/1839013.aspx

And this is a newspaper report from a left-leaning paper.

Mr Rudd, the reckless spending must stop.
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