http://www.news.com.au/national/fed...n/news-story/8d173530456e1f1fa1fd3cd895c0eb22 I would like to suggest this is a final position of the government but we are all aware that the budget has not been handed down so there is time for Turnbull to backflip or simply to pretend these words do not exist. Banks and superannuation appear to be the money spinners of both parties at present with little detail and obviously neither understand the ramifications of what they do. As we saw with the RSRT (which I really do not believe the conspiracy theory created) it is obvious neither party have considered the investment issues with their policies in these areas but are prepared make policy on the run I dont like Morrison one little bit, his incompetence could only have the competition of Swann and frankly he never made incompetent statements. BUT is this simply another incompetent policy announcement??? Shorten proclaims Australia should have a Royal commission into the banking industry because apparently a 50 odd million political scrutiny of the financial industry of Australia and a report to tell them what EVERYBODY has been saying for years will somehow change the oppression of the poor and needy while lining the pockets of politicians and their mates AND people wonder why I do not trust the ALP. The budget will be interesting because at present I am sure it will be one to buy votes and NOT repair the damage created by poor economic management.
Seriously, Is Morrison simply the most incompetent treasurer Australia has seen??? OR is he simply continuing to take the fall for an incompetent PM??? No matter what one has to decide about those questions Morrison AND Turnbull quickly smell rotten. http://www.afr.com/business/banking...y-is-less-tough-than-it-seems-20160426-gofs2v The one undeniable thing about super was that constant changes to taxing super and injections of subsidies would spell the death of superannuation for short term gain of lining government coffers to spend on paying for populist policy... This would appear to be the start. A far cry from the rhetoric this clown Morrison started with to an attempt to appease one side in hope of gaining support. Af course further along MORE changes will occur to assist the super funds with the age old “times change". Sure time changes but large changes on anything are not necessary every time governments want to fill their wallets... Who really is the incompetent one here and who is simply the gullible fall guy???
It's not a change so much as a tweak, for the purposes of getting peoples superannuation to increase while they work so not to burden the welfare system when they get too old to work. There is no hypocrisy in the Treasurer, just being realistic about how damn expensive it is for retirement. Considering a healthy economy requires wealthy people, the constant shallow attacks by the left on wealthy people is not only dangerous to the economy for that reason alone, but usually badly thought out popularism with its own systematic flaws - like attacking negative gearing. The 'class warfare' strategy of the left to divide our communities and gain votes on wealth envy is a seriously juvenile practice. The whole point of our economy is to try and make people lift their wealth, not stay buried in some artificial socioeconomic privilege of being poor - that is the rot that is at the heart of facade of socialism.
The hypocrisy is in the government. First much support for doing NOTHING to superannuation unless taken to election. Secondly, the current government has always maintained that changes to superannuation would in the long term reduce certainty in the entire system (which I agree with) NOW just a little tweak here and there... Sure seems to me there is a wish to destabilise the superannuation system for political and economic gain of a government who stated such a short time ago it was NOT entertaining destabilising rhetoric... Well cannot disagree with this statement except, This is one of the very reasons I do dislike the current ALP. Shorten's mindset is to force as many onto the welfare ticket and use that carriage to garner support for the ALP. Unions have been doing this type of thing for a considerable amount of time and Shorten is nothing but a union thug. BUT, Turnbull seems to be content on also continuing to placate the less wealthy into a welfare black hole for similar causes. Many are aware of the continued increase in demand for welfare and that while forcing more in such directions the increase on the public purse blows out. We saw during the GFC that indiscriminate spending of funds while short term has small benefit but has detrimental effects on long term. Leaving huge debt with no efficiency gains or financial benefits incurred from the borrowed funds as it was spent on populist policy and paying the bank cards off. Look to the current election policies being rolled out by a deceitful opposition leader nothing but taxes and spending for the populist visions of the ALP while ignoring an extremely important debt issue of their own making. Has the ALP learnt??? No way but it also appears the Coalition had their head in the sand while Gillard and Rudd were so busy stabbing themselves it the back they forgot there was a country to run... This Turnbull may be the biggest mistake of the Coalition’s at present I do believe the only reason he may win election is Bill Shorten. It is so scary when the country is in the hands of such incompetence and that the only political alternatives are clearly ignorant Greens and those pesky independents such as Xenophon, Muir and Lambie. IF the ALP can find somebody who is far better alternative to all around that party Turnbull would be in serious trouble. Since all they have to offer is union thuggery and insults to the peoples intelligence, the Australian political scene is in serious trouble…
Our whole doctrine is continues growth. This is not happening anymore, so I think the whole system needs a complete shake up. Not happening under Libs/Nationals, not happening under Labor. So what can we do????? Cheers
http://www.dailytelegraph.com.au/ne...k=401bd339a6b6fe89f6d059857e136e87-1461762290 Really??? Come on down cruddy Ruddy, this is exactly the type of policy Rudd introduced to cut health care spending. So cutting programs that brought about FREE preventative test introduced to reduce the demand on healthcare due to the lack of testing and late diagnosis… Increasing demonstration of how out of touch this government is becoming with the common person. I do understand, thanks to the ALP’s previous mismanagement belts have to be tightened and spending has to be curbed. I just cannot figure out why ANY party would cut programs designed to reduce the health costs of serious AND terminal illness. Rudd did it by cutting home programs for palliative and home care then announce they would introduced this amazing NEW program to fund the very same thing. Now we have the Coalition looking to do the same… IT JUST GETS WORSE as time goes by… I have to say this government is really starting to smell bad...
Yes, I did. Considering that cuts in programs designed to reduce over all costs incurred in healthcare, what impact has that cost got? What is acceptable when cutting programs of this nature??? Are you suggesting that this cut will have absolutely NO impact on people’s ability OR choice to have these tests??? They were introduced with the point that they were a SMALL cost to reduce the large costs treatment of serious illness which could have been avoided with early detection… “JUST A SMALL COST” Now are you suggesting that it is only a little cost that will have NO impact on testing or treatment??? Are you going to suggest that this program does not reduce the cost of healthcare in any way??? Are you going to suggest that early detection and treatment does not reduce the costs??? Proof is in the fact these programs were funded due to the fact people would not have the testing due to COSTS. To suggest things are different demonstrates that people are out of touch with those who have lesser ability than themselves… Let us look at another test which has had GREAT SUCCESS in reducing healthcare costs, free screening bowl test kits. Sure it is only a couple dollars and not that great of a deal, except if it is stopped the testing will also stop. The reduction in healthcare costs have been measured considerably and the truth was before the test was offered FREE, it was not undertaken. I do realise that there needs to be cuts to assist in making healthcare sustainable due to poor previous management and I also understand these are programs which the ALP support in cutting. BUT cutting programs that actually have proactive action in reduction of overall healthcare costs is simply stupid short sighted and clearly out touch with the people these politicians pretend to represent.
The Liberals never have been the party for the average Joe, but the party for the Elite. Tax cuts for those earning $80.000 or more. What more needs to be said? I hope Labor wins, despite the fact they aren't much better.... http://www.smh.com.au/business/fede...-is-anything-but-average-20160501-goj9w7.html I invite everyone to come to rural Australia, where 80k almost sound as unbelievable as a Lotto win... And, what is the the end of the story? The rich are getting richer, as always.... Cheers
I liked how Shorten had to use 'rural QLD' to justify being able to say 4/5 earn under for the sound byte. Meanwhile in the populated parts of the country it's probably more like 2/5 or 3/5 earning under 80k - of course while being more representative of the federal landscape, its not as sexy and easy for the sheepels to bleep out like automotons. If you think earning above 80k makes you 'elite' then your understanding of income is a few decades out of date. The LNP is about wealth creation for everyone, and party to that is lifting people up out of poverty so they don't fall back down. Compared to the ALP who just feed the delusion of the poor and keeps them in line and on side with meaningless treats. If the poor had have a clue they'd realize they were being played by the ALP for fools. All that wasted energy on fighting an imaginary class war would be better spent lifting themselves out of poverty by building their own wealth. But you wouldn't want to be 'elite' now would you LOL
Sorry to say your comment will be missed by the thoughtless. Obviously the truth is always at odds in defence of ones minders. Of course the ALP and the Coogee Bay Greenies know all about living in the rural sector they know all about wages in the rural sector, Your comment is just out of touch with those of ...Mmm... more designed thought process of the party faithful... Ahh… but I should not jest, they have all seen David Attenborough’s wild life serious, they know all about nature and living in the country…
No wonder you love them (Libs) that much. I bet you pay those working for you the minimum wage if not less. Social justice and fairness cannot be taught, you have it or you haven't. I am happy the way I am.... Cheers By the way, you clearly have no understanding and knowledge of how much people earn in the country....
The only person who bought the country into it was Shorten so that he could make the nastiest sounding point he could, knowing the media would pick it up. The scope of the discussion at the level it is being had is national, not any particular region. Just more time wasting by the ALP, distracting from the truth by spinning it into irrelevant fragments for the haterz to trumpet.
So to get this straight, how many people you know earn in excess of $80k, and how many you know earn less? Regards
I have no friends, can't you tell. Interesting question though..... probably 50/50, but I don't go around asking everyone their wages (usually).
Mmm... This will be interesting. I wonder if the same rhetoric is going to be tossed out that the ALP candidates are producing...
So the budget has been delivered. Did anybody expect anything different??? Did anybody not expect a soft budget that does little to address the debt problems and set Australia's economic direction. Sure the budget did not promise projects and policy unfunded ( such as the NDIS scheme), but it throws a few lollies to those who have the ability to influence the voting public and does not attack the rest with higher taxes. Sure the welfare recipients have something to complain about, but ultimately little comes from the area who is taken from as it is money for nothing and they do not wish to admit it... Shorten claims to deliver further 71b in additional improvements... LOL... What can one say, a perfect election budget that gives to the votes who will get Turnbull across the line, AND I believe he needs every single vote... Shorten positioning to attempt to say a vote for him is a vote for the same as Turnbull with improvements... Shorten has some trouble with Treasury pointing out a multibillion dollar whole in their claims. BUT good old “trust me” all policy and promises are costed… It might just take YEARS to raise the funds… I believe the last 5 days has clearly demonstrated that Shorten is incapable of leading somebody to water in a flood, let alone a country… SO Morrison has actually announced a budget without actually looking like a complete and utter idiot, must have taken many hours of practice. However, one reasonable performance does not make him any more competent. Did anybody change their mind with the last week or so of politics in Australia??? Again IMHO the only reason the Coalition may win the next election is Shorten and his supporters. IT is far too late to bring about decent ALP leadership and with the denial of the party to accept the peoples wishes and not just placate their Union mates, they will delegate themselves to another long run in opposition. The only saving light for them is the people the Coalition continue to front the party to pay the incompetence and untrustworthiness of people who support populistic and inadequate leaders…
I can't say I'm sad about the Company Tax rate being cut, it will benefit us, but concerned about their refusal to outline the full cost http://www.abc.net.au/news/2016-05-06/turnbulls-corporate-tax-cuts-under-scrutiny-by-treasury/7389426
Well, I do believe this is simply one of those candies that come along which is an attempt to use companies and business to influence the votes of all. You have to give it to the Coalition, unlike the ALP, they realise who and how to influence the general vote. Sure you can attempt to deliver to the people but individuals are hard to please. So you influence them by assisting them in keeping their job. Sure this will have absolutely NO impact in that area (as anybody who has run a business will tell you) but the perception is delivered that government is reducing one of the largest costs to business they have. While the general population believe this perception they will lean toward the party of government that appears to be helping their employers keep their jobs… The ALP has actually hurt their own perception by attempts to make the people believe that business is against them and that class warfare of the elites keeping the people down trodden to do the bidding of the rich. Over the years, they have changes the perspective of who the rich and poor are to the point now, MOST people are unaware that they themselves could be considered RICH. Take a home owner in Sydney, paying $800,000 for their home and working 60 to 70hrs a week to pay the loans for their home and car. If you look at what the ALP consider being a millionaire… and that does not consider the fact over 80% of that is borrowed money. So a policy yet to pass through either houses of parliament and at any time could well be changed to as it will not be set in concrete, it is nothing more than a sweetener. So while the ALP are looking to costing to find fault, I would consider if it can be believed as a true policy? I just wonder if we are looking at the Coalition’s “ALP moment”. Or to put it another way is this policy that lie similar to the ALP’s carbon tax lie??? After all NOTHING in the current budget is set in concrete because it will not even go to parliament until after the election. If the current government returns and decides not to implement the policy they may sight changes in economic conditions while the ALP could sight cost being top great, either way this budgetary promise could be NOTHING at all…
The company tax rate needed to come down Australia the highest taxing OECD nation on companies, second highest on individuals however I'm still voting ALP, this isn't enough for me to change my vote, and vvv I won't have to. http://www.theaustralian.com.au/opi...k/news-story/95c54e98e9ccef8893a60aada7279408
That is fair enough, at this point I find it difficult to suggest change. Personally I do not trust Shorten and his small band of cohorts and I could continue to point to comments and reasons why. For example his latest release of not having anything to do with instilling Gillard to replace Rudd. BUT his interviews after the incident he commented he had great roll in the entire scheme... Probably the most predominate thing was his speech today, " you can trust Labor to look out for jobs... You can trust the ALP for climate change... You can trust ALP... YOU CAN TRUST... " Many times people who ask you to trust them are usually setting you up to con you... However, such can also be said for Turnbull... I guess the telling thing in my opinion is that they continue to toss the money around when the Government is in such great debt. So far I see NO concern of the ALP to address the DEBT... Personally due to the nature of BOTH candidates it has come to what I personally feel and frankly Shorten will never get my vote…
For God sake people, wake-up. They are a bunch of ex-solicitors, and they are just playing with words like they always do. How dumb are some of you people? How many time does someone have to root you up the arse, before you realise you are getting rooted up the arse? Jesus, no wonder our country is facked-up. You people are standing around with buckets of water in your hands watching a house burn down, because you are to busy arguing about who started the fire. WAKE THE FACK UP!!
