Catallaxy Files

Australia's leading libertarian and centre-right blog

Day 19 of a broken promise

14 comments

From the Australian Financial Review ($)

Handouts to low-income earners under the federal government’s carbon tax scheme have led to a surge in gaming revenues at pubs and clubs, prompting calls for the compensation to be paid as credits rather than cash.

Poker machine revenues in Queensland jumped more than 7 per cent in May – when the first Clean Energy payments went out – and rose almost 12 per cent in June year on year, according to Queensland Office of Liquor and Gaming Regulation figures. Other states are yet to release electronic gaming machine revenues for June, but in local government areas such as Bendigo, they rose 8.6 per cent in May – well above the Victorian average of 1.4 per cent.

Here is a graph showing that change.

Then there is Pickering’s take.

Written by Sinclair Davidson

July 19th, 2012 at 12:00 am

Posted in Uncategorized

14 Responses to 'Day 19 of a broken promise'

Subscribe to comments with RSS or TrackBack to 'Day 19 of a broken promise'.

  1. No, no, no. It’s because of consumer confidence. (Don’t write crap or I’ll sic Finkelstein onto you.)

    benson

    19 Jul 12 at 12:03 am

  2. This (and the schools bonus) is what happens when you shove money into the hands of feckless pond-scum with no sense of social responsibility.

    The decent ones? Down to the nearest Aussie Post outlet long since, proverbial wads of cash in one hand and a stack of obscenely swollen utilities bills in the other, or heading to the stationery isles at Officeworks and the school-uniform clothiers as fast as they can.

    perturbed

    19 Jul 12 at 12:24 am

  3. From the AFR link,

    Keith DeLacy, [former Queensland Labor treasurer] chairman of the compliance, audit and risk committee at the Reef Hotel casino in Cairns, said casino revenues always increased when cash handouts were delivered.

    “It always happens, when the government delivers a one-off payment it is always reflected in the revenue,” Mr DeLacy told The Australian Financial Review.

    “All it is showing is that people have increased disposable income and that’s what they’re spending it on,” he said.

    “Governments have got to accept if they give straight cash handouts to the population at large they can’t dictate how it must be spent as well. I mean, how far can you take the nanny state?”

    Gab

    19 Jul 12 at 12:36 am

  4. Can we please get the PM to answer this question and expose the lies? You can vote eight times for it and voting closes today

    stu

    19 Jul 12 at 6:37 am

  5. And still 30% of our fellow citizens believe she’s doing a top job. WTF!!!!!!

    Abraham

    19 Jul 12 at 7:38 am

  6. Only one thing is more addictive than crystal meth … BLOODY WELFARE!!!!!!!

    Abraham

    19 Jul 12 at 7:39 am

  7. No, no, no. It’s because of consumer confidence. (Don’t write crap or I’ll sic Finkelstein onto you.)

    Yeees. Such a shame that consumer confidence is so fickle that it can fall so soon afterwards, too.

    Catfeesh?

    19 Jul 12 at 7:41 am

  8. Yeees. Such a shame that consumer confidence is so fickle that it can fall so soon afterwards, too.

    I listened a that moron of an assistant treasurer – “The Captain” from western Sydney – say that the spike in pokie revenue was not a spike, rather the pokie revenue from last year was down due to the floods.

    FFS.

    Token

    19 Jul 12 at 8:13 am

  9. say that the spike in pokie revenue was not a spike, rather the pokie revenue from last year was down due to the floods.

    So not due to AbbottAbbottAbbott?

    Rabz

    19 Jul 12 at 8:29 am

  10. So not due to AbbottAbbottAbbott

    It was on Ross Greenwood’s show last night so maybe it was clipped as there is only so much idiocy even a professional person can take.

    Note the spike on the graph occurs in May/Jun.

    Remind me what month the Queensland floods/cyclone occured in?

    As he is another mental midget, Bradbury is a great pair for Goose, the Captain can get out his own special magical trident and join Goose banging pots as they run around Treasury..

    Token

    19 Jul 12 at 8:42 am

  11. Note the spike on the graph occurs in May/Jun.

    It’s the budget dude, along with people thinking they have a huge tax refund.

    .

    19 Jul 12 at 9:42 am

  12. Also be interesting to see sexylands sales,their sales went up significantly after Rudds handout,i think their sales surge after every welfare handout.

    yetti

    19 Jul 12 at 11:11 am

  13. Stu – you got the link wrong

    our say question

    brc

    19 Jul 12 at 11:56 am

  14. oops! thanks brc

    stu

    19 Jul 12 at 12:39 pm

Leave a Reply