Day 4 of a broken promise

This entry was posted in 2013 election, Budget, Taxation. Bookmark the permalink.

239 Responses to Day 4 of a broken promise

  1. James B

    First for Tony Abbott is a Red!

  2. Gab

    Good stuff from Simon Breheny. Perhaps now the leftards that sneer the IPA is just a Liberal mouthpiece will see that is not the case. … Yeah, nah, who am I kidding?

    Abbott said lots of things, including:

    So, my friends, in a week or so the Governor-General will swear in a new government. A government that says what it means, and means what it says. A government of no surprises and no excuses.

    What we need is deep cuts to spending, starting with the public service bloat (and that includes, among many other things, the ABC and SBS) and delaying or getting rid of some of the fancy programs that government has no business dealing with like the NBN etc (all been mentioned before). Deep cuts and curtailed spending is the first order and if this means promises broken or delayed so what? No one will remember that in 2016 if the economy is getting healthy again, if employment rises and some of the debt caused by six years of Labor is reduced.

    But I don’t believe Abbott/Hockey have the courage for the types of reform and significant cuts needed to ensure Australia remains “open for business”.

    There is no need to increase income taxes just to support more government bloat.

  3. johanna

    And don’t forget the Friedman Day conference in Sydney this weekend. You get to see the Doomlord and Judith Sloan in person, among other attractions. Go to the Australian Taxpayers site for details, or if you live in Sydney, just front up at the UTS.

  4. Baldrick

    Waleed Aly has an opinion piece in The Age:

    He doesn’t like a debt levy that attacks the rich:

    Tony Abbott is about to vanish in a puff of existential meaninglessness. Sorry if that sounds heavy, but it seems an inevitable consequence on budget night if he goes ahead with this debt levy proposal.

    … and he doesn’t like the PPL because it favours the rich:

    Instead it has become a policy about class. Suddenly it’s part of a right-wing agenda to entrench inequality, rather than a progressive one to push us towards gender equality. It’s not women who benefit, now – it’s rich people.

    Perhaps he’d be happy with a debt levy on PPL recipients only. That way no one will be rich and we could all live in a progressive socialist utopia of united serfdom.

  5. Blogstrop

    Gee, I wonder why Abbott lacks courage. What forces are lined up just waiting to do down a conservative government? Let’s see. Oh, yes, Labor, the Greens, various independents, the huge ABC, the dwindling but still breathing Fairfax, all the luvvies in the commercial TV and the Yarts, the rusted on 30% of our population that supports Labor regardless, and all the welfare cases. Why would he worry about that impotent lot? Now add yourselves to the list and be proud that you’re really helping to hand ammunition to the rest of the anti-conservative forces.

  6. gary

    The fundamental problem is that the Labor Party has once again left the budget in massive debt and deficit – supposedly for years to come – by irresponsible spending. The Constitution needs to be changed to make budget deficits unconstitutional, and that way the ALP and Liberals are more likely to be responsible, and the need for the Liberals to spend all their time in govt paying off Labor’s debts will be removed.

  7. Natural Instinct

    Rather than waste time reading material from the irrelevant Waleed Aly, better to get an audio copy of Alan Jones great editorial from 5:30am this morning.
    1) Commission of Audit is a report TO government, not A government plan, i.e. The Budget. If you want some background reading on solutions from a ‘perfect world’ go for it, but it won’t be implemented because it fails to recognise the electoral cycle and the imperative for the Liberals to get re-elected.
    Basically it is another inter-generational report – more old people claiming benefits, less younger workers paying tax. What are we going to do? What benefits are we going to give back?
    2) The CoA report will be used to frighten us ‘witless’ over the next few days by the government’s critics, but it will all be hot air. The main game is to prevent the ‘arsonists’ of the Labor/Green alliance from getting back into power by crafting a politically ‘saleable’ Budget.
    3) Also Alan said that “Climate Change” is not mentioned at all in the CoA report (wonder if that is true?). He says 7 agencies not addressed including Clean Energy Regulator – wonder what they do? He says billions of waste overlooked here.
    .
    Joe Hockey interview on 2GB later this morning – could be interesting.

  8. entropy

    Yes, I was amazed the Commission of Audit was not comprehensive.

  9. Token

    … but it won’t be implemented because it fails to recognise the electoral cycle and the imperative for the Liberals to get re-elected.

    We know that the cowardly lions plan to squander their 1 and only chance to make real change for the better.

    Who wants to face down bad polls with the goal of having a strong economy with great metrics in 3 years.

    Better leave on Labor’s shackles & hope the ALPBC, FauxFacts & the rest of the Stenographers will come to like them…

  10. Eddystone

    Blogstrop
    #1288486, posted on May 2, 2014 at 6:04 am
    Gee, I wonder why Abbott lacks courage. What forces are lined up just waiting to do down a conservative government? Let’s see. Oh, yes, Labor, the Greens, various independents, the huge ABC, the dwindling but still breathing Fairfax, all the luvvies in the commercial TV and the Yarts, the rusted on 30% of our population that supports Labor regardless, and all the welfare cases. Why would he worry about that impotent lot? Now add yourselves to the list and be proud that you’re really helping to hand ammunition to the rest of the anti-conservative forces.

    I don’t see it like this.

    Sure, no one wants the current Labor scum to get back in, but ultimately it is policies that I vote for, not a party.

    The Libs are really just the least worst option, and it is up to us, the electorate, to give them a good whack on the arse feedback so they are aware of our policy preferences.

  11. johno

    The Libs are really just the least worst option, and it is up to us, the electorate, to give them a good whack on the arse feedback so they are aware of our policy preferences.

    Abbott must feel the heat from his own side so he will be very wary of betraying us in the future.

  12. When are people going to realise we’re being “Ruled” over and opt out? Stop running to these A&^%les to “save you” from the “Big Bad Crash Monster”? Get your Sh&^%t together, get independant, and let it crash! That’s the only way we’re to be rid of these leaching parasites!

    You do understand that we’re being taxed, subsidies pumped into the private sector and some of that returns as political funding. WTF? Like really W T F? How do coherent people put up with this? Simple! Don’t be coherent!

    The system is being rigged to make sure the connected acquire wealth, remain propped up, to be able exploit the rest through thier insecurity’s for their funding!?!?

    The system, Western World wide, has become nothing but an exploitative, enslaving, cruel joke.

  13. johno

    Adam Creighton has a good piece in The Oz on the Commission of Audit.

    Baby steps at best and its a shame most of it will not be implemented.

    http://www.theaustralian.com.au/business/opinion/recommendations-a-baby-step-rather-than-a-stride-in-the-right-direction/story-fnc2jivw-1226902672467

  14. Senile Old Guy

    The Libs are really just the least worst option, and it is up to us, the electorate, to give them a good whack on the arse feedback so they are aware of our policy preferences.

    +1

  15. Tekweni

    If Abbott were to implement all the points in the Commission of Audit we would have a Labor government at the next election. An electorate that even considers voting for the Greens and PUP is never going to support the medicine needed to put this country on a sound footing. So we have the choice of the LNP making some effort to getting things right or Labor and the Greens continuing their path to utterly destroy our economy. Not a purists choice but a reality.

  16. First for Tony Abbott is a Red!

    Is that English? It kind of looks like English but doesn’t make any sense.

  17. The Libs are really just the least worst option

    No, Shorten is the least worst option because he’s not a proven liar on taxes.
    There is at least a possibility, however remote, that if elected he will do what he says he’ll do.

  18. egg_

    Maybe Craig Ferguson can do an interpretation of Mathias’ speech?

  19. egg_

    The Libs are really just the least worst option

    Nope, from previous, in opposition; they don’t know how to Govern.

  20. egg_

    If Abbott were to implement all the points in the Commission of Audit we would have a Labor government at the next election. An electorate that even considers voting for the Greens and PUP is never going to support the medicine needed to put this country on a sound footing. So we have the choice of the LNP making some effort to getting things right or Labor and the Greens continuing their path to utterly destroy our economy. Not a purists choice but a reality.

    Even so, if Labor only undo some reforms, target achieved – Hawke and Keating were our biggest reformists anyhoo, despite any screaming from the Left.

  21. If Abbott were to implement all the points in the Commission of Audit we would have a Labor government at the next election.

    really?
    What’s the most electorally damaging recommendation in the commission of audit?
    I’m serious. name it. The number one politically hardest recommendation.

  22. entropy

    A $15 surcharge on doctor visits for little old ladies and including the family home, lived in by the same 89 year old, harmless little old lady in the means test for the pension.

  23. candy

    you’re really helping to hand ammunition to the rest of the anti-conservative forces.

    I like what Blogstrop says above. I feel Tony Abbott is trying to put it all together for a sustainable economic future, and its sad that some feel alienated or against him for trying to do just that, when it’s hard enough already with the Greens/Get-Up etc. and all those dunderheads attacking him.

  24. entropy

    I fail to see how increasing taxes to fund additional spending helps that goal, Candy.
    In fact, it means the anger is justified.

  25. Roger

    No, Shorten is the least worst option because he’s not a proven liar on taxes.
    There is at least a possibility, however remote, that if elected he will do what he says he’ll do.

    Get a grip, man!

  26. Murf Oscar

    Trying to find quote attributed to Professor Davidson on Andrew Bolt’s blog this morning.

    Would remind all that Abbott promised “no cuts, and no new taxes in the first term of an Abbott government”

    Those screaming about Abbott breaking a promise don’t recognise they are campaigning for Abbott to do nothing to repair the budget position now.

    OK Tony, fall in behind them and you won’t be blamed.

    Well not until they change their tunes and blame you for doing nothing.

    Some people don’t really know for what to wish. Hypocrites!

  27. Roger

    As Gore Vidal said, politicians lie like birds sing.
    The important thing for Australia at present is to have competent liars in government.

  28. egg_

    Get a grip, man!

    Too late, they’ve dropped several stitches in knitting the kangaroo.
    They’re toast – wanna bet?

  29. Sir Fred Lenin

    What is the alternative to the Libs. Tge corrupt alp.? The crazy greens? That fat crook palmer? Not much of a choiceis there! Its like when George W Bush bought the Presidency of the USA,the alternative was Al Gore for Gods sake! We need a HUGE change in our methods of governance.

  30. .

    Day 4 of a broken promise
    Posted on 12:01 am, May 2, 2014 by Sinclair Davidson

    Lawl…

    Shit, it’s not funny, I live in Australia.

    Would remind all that Abbott promised “no cuts, and no new taxes in the first term of an Abbott government”

    BOOM

  31. I feel Tony Abbott is trying to put it all together for a sustainable economic future, and its sad that some feel alienated or against him for trying to do just that, when it’s hard enough already with the Greens/Get-Up etc. and all those dunderheads attacking him.

    Oh, boo hoo.
    New taxes and higher taxes? Really? Really?

    What will it take for the political class to learn the lesson? How many times to they have to get a spanking for telling fibs about tax?

  32. Roger

    Too late, they’ve dropped several stitches in knitting the kangaroo.
    A bit cryptic for me this early in the day, egg_.

    Not a betting man, I’m afraid, but if I were I’d back the government…and pray.

  33. Combine_Dave

    I don’t really want to see the slush funders back in office though.

  34. Notafan

    I thought the copayment for pensioners /welfare recipients was going to be $5, and $15 for everyone else.
    More likely they will run with $0 for pensioners and $6 for everyone else and up the PBS contributions.
    Only future pensioners will have their houses counted.

  35. .

    Sir Fred Lenin
    #1288572, posted on May 2, 2014 at 8:28 am
    What is the alternative to the Libs.

    The LDP ( http://www.ldp.org.au/index.php/get-involved/join )
    Perhaps the Aus Tea Party when they get their act together
    Selected candidates of other partiers such as Bob Day
    Civil protest
    Non violent resistance such as legal tax resistance

  36. Bear Necessities

    Trying to find quote attributed to Professor Davidson on Andrew Bolt’s blog this morning.

    Would remind all that Abbott promised “no cuts, and no new taxes in the first term of an Abbott government”

    Those screaming about Abbott breaking a promise don’t recognise they are campaigning for Abbott to do nothing to repair the budget position now. OK Tony, fall in behind them and you won’t be blamed.

    Well not until they change their tunes and blame you for doing nothing.

    Some people don’t really know for what to wish. Hypocrites!

    Bullshit.

    We have suggested many items to cut:

    Direct Action.
    NDIS put on hold and reavaluated.
    Cull Gonski.
    Dismantle Fed departments and organisations.
    Get rid of RET.

    If you expect so little of Abbott well you’re entitled to. Abbott and Hockey have very little courage and we have called them out on it. If you want to just shut up and go along with this then that is what the left did when Rudd and Gilliard came up with all those “thought bubbles”. Look were they are now. In a world of excrement!

  37. Roger

    I don’t really want to see the slush funders back in office though.
    I’d emigrate. NZ looks good.

  38. The pension reforms are muddying the waters. Making long term changes to the pension in this budget defies logic.
    They’re supposed to be fixing the ‘budget emergency’, not planning for 2026. The pension stuff can wait until next year. It shouldn’t be put off forever but 12 months won’t make any difference.

  39. Combine_Dave

    Well not until they change their tunes and blame you for doing nothing.

    Some people don’t really know for what to wish. Hypocrites

    No. We want them to cut spending. Not maintain the existing fiedoms at the expense of new taxes.

    The massive disappointment at returning Labor-lite is blinding many to how bad Labor-Full Spend actually are.

    Sadly stunts like these are making a return to ALP or a hung parliament more likely.

  40. Roger

    They’re supposed to be fixing the ‘budget emergency’, not planning for 2026.
    The budget is for the next three years; if they don’t put something in place now re pension reform they may not get another chance.

  41. Rabz

    FFS, I am beginning to despair at the incompetence, mediocrity, spinelessness and sheer unvarnished stupidity of the frigging Liberals.

    Will they get the message in time to ensure the budget does contain any new or increased taxes?

    If they don’t, Hockey’s position is untenable. I won’t let up until he’s dumped – he has always been an extremely unimpressive, inarticulate and mediocre lightweight.

    FFS, how could they have stuffed this up so badly??

    😡

  42. Roger

    6. Start your own party
    Put ‘Liberal’ in its name and hope for a favourable draw on the ballot and you may even get a senator!

  43. Ripper

    I am surprised that no one has looked at the elephant in the room of why revenues are down.

    There is and old saying in small business, “If the taxman doesn’t get you , the banker will”.

    No one has mentioned the spate of private equity buy outs (like Sydney Airport) when an entity is taken over , the cash pulled out , loaded up with debt so the income just covers the interest , and sold to “Investors”. The profits then go to pay the interest and no or minimal tax is paid.

  44. .

    roger

    Psephology may not be your strong point but the LDP got to the last one or two candidates in NSW a couple of times before. We have blocked the Greens from getting extra Senators. The extra votes from being #1 or similar only meant we were elected before Sinodonis. Barring something like a strong PUP campaign in QLD or WA, we would have picked up a Senate spot with any spot on the ticket this time.

    We have been around since 2001. Our name is accurate, we are a moderate libertarian party. Our policies aim to create a liberal democracy out of the market socialism we have now.

    If the Liberals want exclusive use of the name, they can act like Liberals, not as economically socialist, civil rights conservatives.

  45. Driftforge

    I suspect implementing the CoA report in total — and showing some leadership and taking some aspects further — would be a net positive for the government. Yes there will be uproar, but really, it will be a confused mess of one that will pass, simply because there is so much there.

    And everyone will gird their loins and bear it, and a degree of respect will be earned.

  46. The budget is for the next three years; if they don’t put something in place now re pension reform they may not get another chance.

    Hockey’s not going to do another budget next year?

  47. .

    Ripper
    #1288602, posted on May 2, 2014 at 8:51 am
    I am surprised that no one has looked at the elephant in the room of why revenues are down.

    Are they?

    Unemployment is up. Get rid of payroll taxes and repeal the FWA.

  48. Driftforge

    Barring something like a

    Complete absence of a campaign in WA…

  49. .

    Drift – all they have to do is cut some useless crap equal in value to the high income surcharge and they’re possibly going to get the job done with no criticism from their own side.

    It is monumentally stupid they haven’t said this from the outset.

  50. Senile Old Guy

    I am surprised that no one has looked at the elephant in the room of why revenues are down.

    Tax revenues are not down. They have been increasing but the increase in spending is greater.

  51. Ripper

    Tax revenues are not down. They have been increasing but the increase in spending is greater.

    Should have qualified that as company taxes.

  52. Baldrick

    I must be missing something here. The Libs had 6 years in opposition and blind Freddie could see what was happening with the Labor/Greenfilth budget blowouts. Now, two weeks before budget day they float the idea of a debt levy tax as a partial solution to fixing the budget fiasco. Huhh?

  53. jupes

    and all those dunderheads attacking him

    FFS candy, it’s bad enough they are talking about raising tax when they still spend BILLIONS on fairyland ‘climate change’ bullshit. However the bigger problem is that Abbott absolutely destroyed TLS for her lie on the ‘carbon’ tax. And rightly so.

    How fucking stupid do you have to be to then make exactly the same mistake in the first year of the first term of your government?

  54. Rabz

    Tax revenues are not down. They have been increasing but the increase in spending is greater.

    This is true and I certainly remember those economic geniuses Goose Swansteen and Lady Lardarse desperately trying to claim otherwise.

  55. .

    Really candy – you think myself, jupes, Sinclair, JC, Senile Old Guy, Johanna, IT, C.L. etc. are all “dunderheads”?

    Maybe Fatso and Jug Ears can stop fucking up right now and take the goddamned advice.

  56. Notafan

    Defer direct action for even twelve months, get rid of fair work and grow the economy, get eBay and google to pay some tax in Australia before hitting the people who pay tax already (and have mortgages to the hilt)

  57. .

    rabz – Penny Wrong also told us on Lateline in 2010 or 2011 that the sea would rise two metres due to climate change. This is why we need the carbon tax. The CSIRO says 1890 to 2009 was 1.6 mm per year…

  58. Roger

    Hockey’s not going to do another budget next year?
    I was referring to forward estimates which allow for focus on strategic policy issues beyond the immediate fiscal situation to be brought into budgetary planning. Obviously they want to lock pension reform into the medium and long term fiscal strategy asap, which I think is a necessary thing to do. Hockey is to be using the demographic narrative to sell the budget already . Politically unwise? They’re probably banking on the “do the tough stuff in the first term” approach.

  59. Rabz

    Yes, Wendy Pong – another economic genius.

  60. Roger

    get eBay and google to pay some tax in Australia
    Any estimates on what tax revenue may be foregone due to Ebay’s popularity?

  61. candy

    Really candy – you think myself, jupes, Sinclair, JC, Senile Old Guy, Johanna, IT, C.L. etc. are all “dunderheads”?

    No, Dot, I didn’t mean you guys, I didn’t mean that at all.

    But if you want ALP back in you’ll get increased corporate welfare, increased social welfare, full-on NDIS, Gonski and NBN and other climate change programs, and open borders. There will be no stopping them.
    Tony Abbott is trying to make a difference into the future.

  62. .

    There is no point in doing that.

    Just get rid of inefficient colonial transactional taxes like stamp duty and greedy triple charging by councils for development consent etc.

    Then just cream off with a low rated income tax and GST.

    Everyone but fans of direct action will win.

  63. Anne

    Dot, you still there?

    How many more members does the LDP need to be registered in Victoria?

  64. .

    Tony Abbott is trying to make a difference into the future.

    No he’s not. He is simply enabling them to do it all again.

    Never invest in a bank with a generous loans officer/manager, etc…

    He needs to destroy their agenda and starve the beast.

  65. .

    Anne
    #1288646, posted on May 2, 2014 at 9:24 am
    Dot, you still there?

    How many more members does the LDP need to be registered in Victoria?

    Better to ask David L or Tim Wilms.

  66. jupes

    But if you want ALP back in

    WTF? Who wants that?

    I want a conservative government that says what it means and does what it says.
    I want a government of no surprises.
    I want a government that lowers taxes.

    That’s what I was promised and I expect it to be delivered.

  67. Anne

    Okay. Thanks. I thought you might know off the top of your head whether it was hundreds or thousands.

    I’ll send Tim an email now.

  68. Ellen of Tasmania

    Selected candidates of other partiers such as Bob Day

    Bob Day was great in this interview. And he’s not the only Family Firster who is small government inclined. FF is a good alternative for those who find LDP’s position on things like abortion, euthanasia etc. untenable.

  69. H B Bear

    ALPBC radio news currently doing some of the heavy lifting for Peanut Head and the clown posse by running out their go-to economist Saul Eslake, who gives them the money quote that the Budget is “worse than it should be, but nowhere near crisis“.

    Given Australia has experienced one of the fastest deterioration in net debt from 0 to 22% of GDP in six years and is looking at 20 years of forecast deficits I wonder what Saul would actually call a crisis?

    And I thought Megagenius was the one showing Greek economist tendencies.

  70. viva

    Tony Abbott is a Red!

    Abbott Abbott Abbott 666 arrives at the Cat. And apparently yes – it’s all Tony Abbott’s fault.

    Is this really ideological purity or the hip pocket nerve talking?

  71. Anne

    Mr Abbott, if you’re having trouble making ends meet you’re gonna have to let a few people go.

    Say, 20,000 or so.

  72. Notafan

    I don’t know eBay’s revenue but from memory fin review had google’s gross Australian advertising revenue at over one billion in 2012 all paid to google Ireland (a little of that was from me).
    Ebay Australia you pay eBay Switzerland, the revenue by region is on their US filing but I haven’t looked at it for a few years.

  73. Dan

    Ok I’m in with LDP in Victoria and a significant donation. Where do we go? As long as they deflect ALL questions on abortion and guns to the states.

  74. Dan

    hip pocket nerve

    I don’t eat my money. I spend it. It’s retailers and businesses requiring investment who lose.

  75. A H

    tax is theft. Nothing more needs to be said.

    If TA had balls he’d default on the ALP debt then write it into the constitution that the govt cannot borrow money ever.

  76. Ellen of Tasmania

    Get your Sh&^%t together, get independant, and let it crash! That’s the only way we’re to be rid of these leaching parasites!

    Nick, what do you think would happen if we ‘let it crash’?

    Do you think the majority will give their heads a little shake, wake up, and demand a free market – including currency – so they can choose sound money and an independent future?

    Look at the hugely popular ‘Capital in the Twenty First Century‘ – selling like hotcakes at the moment and assuring people that we just have to tax the rich more to make everything okay.

    If things ‘crash’ the sheeple will be crying out to big nanny government to come and make it all better. You think the ‘leeching parasites’ won’t make use of a crash to further their ends?

  77. Dan

    Non violent resistance such as legal tax resistance

    Trivial for me to alter payments so I defer all tax for 15 months. The 1% pay a massive proportion of tax. Many of them could do this (though they won’t). That would be fun.

  78. egg_

    Unemployment is up?

    Because Gillard’s looong election campaign put a hold on/reduction in hiring, particularly in mining and its affiliates; any subsequent increase in hiring is simply a windfall but should be capitalized upon.

  79. egg_

    Is this really ideological purity or the hip pocket nerve talking?

    Lemon laws required.

  80. Des Deskperson

    Here’s an interesting element in CoA phase 2 recommendation 6 in relation to the Australian Public Service:

    the role of the Merit Protection Commissioner be abolished, with the Department of Employment to undertake responsibilities on Code of Conduct matters; and
    removing provisions for appeal processes in relation to promotion decisions for lower level positions in the Australian Public Service.

    This would be the final step in eliminating an archaic and grievance-oriented culture that is expensive and time consuming, as well as meaningless, in terms of merit, since it hasn’t applied to any important job since 1986.

    It would also eliminate what are undoubtedly the softest middle management jobs in the entire Commonwealth public sector, with EL1 s and EL2s paid to sit around for months agonising over the details of some bludger’s supposed grievance.

    Recommendation 8 on the review and rationalisation APS corporate services, including benchmarking against the private sector, should be implemented immediately!

  81. tgs

    But if you want ALP back in you’ll get increased corporate welfare, increased social welfare, full-on NDIS, Gonski and NBN and other climate change programs, and open borders. There will be no stopping them.
    Tony Abbott is trying to make a difference into the future.

    It’s this sort of pathetic tribalism that will ensure our political options are forever between a douche and a turd sandwich (to borrow a phrase from South Park).

    Here’s a radical thought. It is possible to dislike and speak out against bad policies no matter where they originate from: Liberals, Nationals, ALP, Greens, etc. That is what I thought the Cat stood for. We need to tell our friends (whether they be Liberal or LDP, I prefer LDP but whatever floats your boat) how we feel about their policies JUST AS MUCH as our enemies. Perhaps even moreso.

    If you’re into lazy partisan hackery then go waste your time on Andrew Bolt’s blog. If we follow your logic to its ultimate conclusion we will have to forgive any stupid policy that comes from the Coalition because “at least it’s marginally less bad than ALP or Greens”.

    That is cowardly and not the kind of Australia I want to live in.

  82. egg_

    tgs
    #1288692, posted on May 2, 2014 at 10:02 am

    +1

    And to even applaud good policy from the other side, Heaven forbid!

  83. I may just wait for the Budget to come out before I get the firing squad ready…

  84. LordAzrael

    Abbott & Co need to remember that the point of getting elected is to be able to make changes. Its not to be re-elected. Why vote for a Liberal Government if they refuse to pursue Liberal policies ?

  85. Tapdog

    I may just wait for the Budget to come out before I get the firing squad ready…

    Good grief!! There’s a revolutionary concept!

  86. Senile Old Guy

    Numpties.

    Education Minister Christopher Pyne says the Government will “certainly” slash Labor education programs, but says overall spending in the sector will not change.

    The Government has previously promised no cuts to health and education funding, but has said that it will redirect spending in the portfolios as it sees fit. Mr Pyne says the Government will focus on the programs and projects the Coalition thinks are “more important”. “There’ll certainly be cuts to some Labor programs, of course there will be,” he said.

    “The overall spending on education will continue to rise, but there will be cuts within education to Labor’s programs. “Obviously the public changed the government because they knew we would reprioritise spending. But spending will increase. It’s just that we have to stop rampant spending increases that were occurring under Labor,” he told the Nine network.

    So the budget is in crisis and we need to have a deficit tax…but Liberals will still increase spending!

    All we’ve done here is swapped the Labor spendathon for the Liberal version.

  87. calli

    I don’t eat my money. I spend it. It’s retailers and businesses requiring investment who lose.

    Yep. Phone hasn’t rung for two weeks, had my first lead yesterday (on referral).

    People are shutting their chequebooks with a snap and waiting it out. It’s deja vu all over again.

  88. Andore Jr.

    Trouble is:

    – Abbott winds back spending, sets himself for an election loss
    – Shorten comes in, restores spending, and is hailed a hero, by everyone.
    – Polls praise the ‘benevolent’ ALP over the ‘cruel’ coalition

    I think the one thing politicians fear worse than being called a ‘lying’ politician is a ‘cruel’ one.

  89. Ellen of Tasmania

    Steve Deace, in his ‘Rules For Patriots‘ book has come up with what I assume to be a counter-list to Alinsky. Not promising in the light of current Lib behaviour.

    1. Never trust Republicrats (or for us, LINOs).
    2. Never attack what you’re not willing to kill.
    3. Never accept the premise of your opponent’s argument.
    4. Never surrender the moral high ground.
    5. Reverse the premise of your opponent’s argument & use it against him.
    6. Never abandon your base (unless they are morally wrong).
    7. Define your opponent before they define themselves, & define yourself before they do.
    8. Always make your opponent defend their record.
    9. Stay on message.
    10. Play offense.

  90. Andore Jr.

    i.e. Howard got away for a long time with broken promises, but the ALP finally stuck him with WorkChoices highlighting his ‘cruelty’.

  91. nic

    Balancing budgets just gives Labor more to spend when they get back in.

  92. Rabz

    2. Never attack what you’re not willing to kill.

    e.g. the frigging ALPBC.

  93. Rabz

    2. Never attack what you’re not willing to kill.

    e.g. the frigging AHRC.

  94. Infidel Tiger

    Rumours that the factions are doing the numbers and Abbott is in big trouble!

    Woo hoo.. Maybe I dreamt that.

  95. gabrianga

    Rather harsh rabz

    Penny Wong gave a very plausible ,technical answer when asked why she had doubled the IPCC predictions of tidal rising to 2 metres.

    “I think 2 metres is a “plausible figure” responded our learned Minister.

    Near enough is good enough ?

  96. Rabz

    gabri – it was dot who first mentioned the sea level rise prognostications of that noted economic genius, Wendy Pong.

  97. Dr Faustus

    Abbott, Hockey and their enablers are politicians – not economists, or business managers, or capitalists. Which is why it is so unforgiveably surprising that they have totally shagged the politics of this situation all the way from opposition to government.

    – Signing up to Labor’s set-piece spending programs – without any serious qualification, when you know the spending is unsustainable: epic fail;

    – Promising no changes, no surprises (not just to the tax take) when you fucking well know there is a desperate need for structural change: epic fail;

    – Leaving the hard stuff (FairWork and IR reform) to the next term: arrogant epic fail;

    – Bringing your own useless big-ticket spends (PPL, Direct Action) when you know they are just tactical political sops rather than considered, effective policy: incompetent epic fail;

    – Lurking behind a policy Chinese Menu delivered by a ‘Commission of Audit’, pretending surprise and setting a million rabbits running, rather than developing and communicating a comprehensive strategy that actually engages stakeholders: strategic management 101 fail;

    – Lying to the electorate, and then lying about lying to the electorate when you have just spent three years quite effectively barbequing the liar in charge of the ALP for lying to the electorate: Leave Politics, Do Not Pass Go fail.

    No, these boyos are not going to do anything for Australia’s long-term problems.

  98. Anne

    Ellen!

    That’s fantastic!

    My new battle cry! …lengthy…but hey..

  99. egg_

    IT called it before TA even got in (softc*ck &c.).
    A good pug perhaps, but not a good Governor, ‘fraid.

  100. MemoryVault

    Everyone but fans of direct action will win.

    Direct Action has fans?

    Who?
    Where?

  101. Notafan

    I am looking forward to seeing what is actually in the budget. The UK bit the bullet and is going to surplus in 2019. They cut their tax rate. The LNP have a mandate to fix the budget and grow the economy, so just do it.
    Yeah the van Badhams on twitter have all been madly typing #libspill but it’s all about the hate.

  102. Someone advised Abbott before the election to promise to keep all Labor’s programs, for short term tactical reasons.
    That person’s job is now done.

  103. .

    Well said tgs

    Dan
    #1288677, posted on May 2, 2014 at 9:50 am
    Non violent resistance such as legal tax resistance

    Trivial for me to alter payments so I defer all tax for 15 months. The 1% pay a massive proportion of tax. Many of them could do this (though they won’t). That would be fun.

    If they all deferred payments for 15 months…imagine the squirming and squealing of the ATO and the various bludgers who are costing the economy dearly.

  104. Direct Action has fans?

    Greg Hunt and his immediate family.

  105. .

    The main driver of inequality–returns on capital that exceed the rate of economic growth–is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty’s findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality.

    OH MY GOD…so dumb.

    This is from the description of the book Ellen mentioned.

    What a load of nonsense. You’d have to be a child to be so stupid to believe this. Some projects earn a return above economic growth because they’re just more valuable. Economic growth is the increase in productive capacity, return on capital is the yield an investor gets. They are not necessarily congruent nor are they so in toto.

    The left base their envy driven stupidity on this? We’ll were in for “interesting times” once they are back in power.

    These idiots actually believe in driving down investment returns below the sovereign bond rate in good times – whilst maintaining their bunk Marxism about the contradiction of expanding profits (empirically untrue) – so hey, what could possibly go wrong?

  106. Anne

    Someone linked to Chris Berg’s critique of Pickety’s book the other day.

    Maybe I saw it on Twitter (IPA).

  107. brc

    I doubt they would be running the numbers on a spill. But it would be good for the dissenters to be heard at the cabinet level. Many MPs are vulnerable to a PUP upset. All they have to do is beat the labor guy on first preferences and they are over the line. And with labor running at 20-25% primary in some liberal seats, that’s not hard for PUP to do with a concerted ‘lower taxes’ populist campaign, the Libs would be in even more danger of sharing even more power with Clive.

    The budget needs a redraft, stat. Postpone direct action and dump the debt levy. Fixed.

  108. Dan

    Why even compare a business’ rate of return to GDP growth? That makes no sense whatsoever. If reduce corporate ROR are a good thing, is a zero return better and corporate losses ideal??

  109. Combine_Dave

    2. Never attack what you’re not willing to kill.

    e.g. the frigging ALPBC

    So why did they attack the LNP’s core constituents?

  110. Rob

    Seems a lot of those whacking Treasurer Hockey don’t have any credible suggestions for addressing what is an undeniable problem.
    Hockey’s actual budget is probably going to get the same level of flawed analysis and criticism.
    Maybe we should all ignore the MSM until 6 months after Budget Day before trying to judge hockey.
    One thing is certain – another 6 months of Shorten’s irrelevant scattergun approach, aided and abetted by Labor’s left-wing partners and their adoring media, will not help build confidence in the nation.

  111. .

    Rob
    #1288812, posted on May 2, 2014 at 12:03 pm
    Seems a lot of those whacking Treasurer Hockey don’t have any credible suggestions for addressing what is an undeniable problem.

    You are a lying sack of shit, imbecile.

    The problem is simple – cut spending. We’ve made our own suggestions. We’ve quoted the IPA, CIS and Peter Saunders. We’ve quoted the commission of audit.

    You can take Abbott as your own failure, imbecile.

  112. Rabz

    Seems a lot of those whacking Treasurer Hockey don’t have any credible suggestions for addressing what is an undeniable problem.

    I have set my my suggestions for Hockey in very great detail on this blog and very recently at that.

  113. Rabz

    I have set out my suggestions for Hockey …

  114. stackja

    Rob
    #1288812, posted on May 2, 2014 at 12:03 pm
    Seems a lot of those whacking Treasurer Hockey don’t have any credible suggestions for addressing what is an undeniable problem.
    Hockey’s actual budget is probably going to get the same level of flawed analysis and criticism.
    Maybe we should all ignore the MSM until 6 months after Budget Day before trying to judge hockey.
    One thing is certain – another 6 months of Shorten’s irrelevant scattergun approach, aided and abetted by Labor’s left-wing partners and their adoring media, will not help build confidence in the nation.

    Rob I totally agree. I assume the rest of the comments here, from what I have seen here in the recent days of hysteria, are not credible, so I will go to the next topic.

  115. Sir Fred Lenin

    Abbot has Squandered the Good Will that got him elected,( by the way ,its not the Abbot government,its the Lib/ nats government ,Abbot did not win all there seats himself ,there Were other professional politicians involved). The next election is going to be a political Dogs Breakfast ,with little “independents ” all over the place,All the professional parties (gangs” are on the nose,maybe the People will take government away from the selfcentred BAs and union gangsters,and force them to put All proposals to Referenda,now that Would be Real Democracy!

  116. The next election is going to be a political Dogs Breakfast ,with little “independents ” all over the place

    I hope so. Bring on the independents.
    But not just in the senate. In the lower house.

  117. Hockey’s actual budget is probably going to get the same level of flawed analysis and criticism.

    Only if it raises taxes.
    You dickheads don’t get it. Why do you think Gillard was so hated in Western Sydney? Clue: it wasn’t because of the national debt.

  118. .

    That’s great stack, except rob is a lying arsehole.

  119. old bloke

    FF is a good alternative for those who find LDP’s position on things like abortion, euthanasia etc. untenable.

    I disagree Ellen. In the WA Senate election rerun, FF gave their preferences to PUP and broke a longstanding agreement with the Christian Democrats and DLP to swap their preferences. A vote for FF is a vote for that big fat fellow.

  120. .

    Hockey’s actual budget is probably going to get the same level of flawed analysis and criticism.

    Oh dear. I didn’t see this one.

    Where have rabz, my good self, the IPA, CIS, Peter Saunders or the Commission of Audit erred?

    Pathetic trolling from Liberal Party HQ. Fuck off, you lying shitbags.

  121. Infidel Tiger

    We a really sorting the wheat from the chaff over this issue. I am staggered how many people are prepared to be sodomised if you promise to call them in the morning.

  122. Bear Necessities

    Seems a lot of those whacking Treasurer Hockey don’t have any credible suggestions for addressing what is an undeniable problem.
    Hockey’s actual budget is probably going to get the same level of flawed analysis and criticism.
    Maybe we should all ignore the MSM until 6 months after Budget Day before trying to judge hockey.
    One thing is certain – another 6 months of Shorten’s irrelevant scattergun approach, aided and abetted by Labor’s left-wing partners and their adoring media, will not help build confidence in the nation.

    Policies like Direct Action, PPL, Gonski, NDIS will not achieve their stated outcomes. Billions of dollars will be spent for nothing. So it is credible to suggest the government abolishes these policies or revamps them. Also the “Debt Levy” will probably not capture the $2.5 B per annum it intends to. That is the history of income tax hikes on the “rich” across the western world. The rich got rich from being very canny with money and shifting money to were it is most loved.

    Rob and Stacky – Prove that Hockey’s debt levy will bring benefits. Give us something credible.

  123. old bloke

    Dr. Faustus – #1288739, posted on May 2, 2014 at 10:59 am

    Excellent summary.

  124. stackja

    Bear Necessities
    #1288842, posted on May 2, 2014 at 12:25 pm
    Rob and Stacky – Prove that Hockey’s debt levy will bring benefits. Give us something credible.

    Radio report that Tony Shepherd says Hockey’s debt levy will cut the deficit. I have not seen any reports of this so far. Just let TA and Hockey get on with the job and stop criticising their every effort. Or accept the ALP solution of doing nothing.

  125. Dan

    Seems a lot of those whacking Treasurer Hockey don’t have any credible suggestions for addressing what is an undeniable problem.

    1. Cut spending by a massive amount
    2. Accept you are the most hated man in Australia. You aren’t the f-ing tooth fairy
    3. Suck it up

    Not so hard.

    Stackja- this will reduce the deficit?? This won’t even match the rate of INCREASE in the deficit. Anyway I’m off to the accountant next week to see what I can do to avoid helping. Have had enough of this nonsense. $140,000 per year more than enough tax for me.

  126. stackja

    Dan
    #1288858, posted on May 2, 2014 at 12:42 pm
    Seems a lot of those whacking Treasurer Hockey don’t have any credible suggestions for addressing what is an undeniable problem.
    1. Cut spending by a massive amount
    2. Accept you are the most hated man in Australia. You aren’t the f-ing tooth fairy
    3. Suck it up
    Not so hard.
    Stackja- this will reduce the deficit?? This won’t even match the rate of INCREASE in the deficit. Anyway I’m off to the accountant next week to see what I can do to avoid helping. Have had enough of this nonsense. $140,000 per year more than enough tax for me.

    Accept Hockey or get ALP your decision.
    Accountant cannot help you if the ALP changes the tax laws.

  127. Senile Old Guy

    Radio report that Tony Shepherd says Hockey’s debt levy will cut the deficit. I have not seen any reports of this so far.

    The levy will bring in $2.2 to $2.5. It will barely dent the deficit. It is purely and simple politics.

  128. will

    Stackja- this will reduce the deficit?? This won’t even match the rate of INCREASE in the deficit. Anyway I’m off to the accountant next week to see what I can do to avoid helping. Have had enough of this nonsense. $140,000 per year more than enough tax for me.

    1. negative grearing (with the risk of asset price deflation) or other investments
    2. increase super contributions
    3. turn your hobby into a tax deduction, most easily by teaching or training, allow the expenses to be deducted from the income.

    Official Note: this is not investment or taxation advise.

  129. gabrianga

    Perhaps a warning to Abbott to”keep your friends close and his enemies even closer ” ?

    N.S.W. and Victorian Libs oppose changes to Section 18c link

  130. Dan

    Will- no interest (so to speak) in negative gearing. All my investments are set to be positively geared. Have obligations- need the cash flow and can’t afford to lose the other half of the outgoings that I do have to cover. Super-maxed out I’m glad to say. Admittedly, there are SMSF strategies to bump that up. But I’m relatively young. Tax-deductible hobbies? Can’t see that happening. My favorite hobby is reading books with a beer in my hand. If I can corporatize that I would be happy though.

  131. tgs

    Accept Hockey or get ALP your decision.
    Accountant cannot help you if the ALP changes the tax laws.

    You still don’t get it, do you?

    I almost feel sorry for you.

  132. CatAttack

    The trouble with Abbott is he has been portrayed by the Left as this extremist devil spawn love child who eats the unborn and he is nothing of the sort. He needs to take a leaf out of keating / Kennett playbook and do some straight talking not bloody weasel word excuse making.

  133. egg_

    CatAttack
    #1288925, posted on May 2, 2014 at 1:25 pm

    Howard had to cop “rotten little Johnny” from Aunty et al.
    Water off a duck’s back.
    Just got on with the job and let the results speak for themselves.

  134. old bloke

    Just let TA and Hockey get on with the job and stop criticising their every effort.

    Here’s a message you can take back to Menzies House Stackja – this new tax will sink the LNP. Quite apart from any questions regarding the economic benefits or lack thereof, this new tax will destroy the LNP’s credibility with the electorate.

    A new tax will make Tony Abbott just another Julia Gillard – nothing less. Did you wach the 7:30 report last night? Cormann was accused of being a liar – this is the mantra you will hear from the MSM right up to the next election, the LNP are liars – get used to it.

    This proposed new tax is an act of gross stupidity, it will erode the base support for the LNP and won’t bring in any votes from the other side. I’ve said it before, and I’ll repeat it now, this is an act of political suicide, nothing less.

  135. egg_

    old bloke
    #1288936, posted on May 2, 2014 at 1:33 pm

    ‘Da misogynee’ must have done Abbott’s head in – hence the current Gillard-lite per the cartoonist caricatures.

  136. mundi

    If the debt Levi is enough to sink the government, then what about the cuts to family tax benefit, child care and education? Their will probably be riots.

  137. stackja

    old bloke
    #1288936, posted on May 2, 2014 at 1:33 pm
    Menzies House

    What are you on about?
    This whole thread is helping the ALP.

  138. Dr Faustus

    “One thing is certain – another 6 months of Shorten’s irrelevant scattergun approach, aided and abetted by Labor’s left-wing partners and their adoring media, will not help build confidence in the nation.”

    Correct. So, why the living fuck has the Coalition given Shorten a series of free kicks at the juciest national targets with its inept politics?

    Is there some cunning beltway plan at work here that makes it only look as though Abbott and Hockey are giving comfort to the enemy? Is there a gotcha that we are all missing?

  139. .

    stackja
    #1288953, posted on May 2, 2014 at 1:44 pm
    old bloke
    #1288936, posted on May 2, 2014 at 1:33 pm
    Menzies House

    What are you on about?
    This whole thread is helping the ALP.

    If, we had the US electoral system. We don’t.

  140. tgs

    What are you on about?
    This whole thread is helping the ALP.

    Any criticism of Glorious Leader aids our enemies and will not be tolerated!

  141. .

    Accept Hockey or get ALP, your decision.

    So why is he KEEPING policies…THEIR policies?

  142. old bloke

    What are you on about? This whole thread is helping the ALP.

    Wrong, this new tax is helping the ALP. Commentators here are just pointing out the obvious.

  143. Woolfe

    Dan,
    Assume you have a Self Managed Super fund and are taking advantage of the concessionary and non concessionary payments?

  144. egg_

    Accept Hockey or get ALP, your decision.

    Electorate’s decision – that’s what we’re trying to point out.

  145. brc

    What are you on about?
    This whole thread is helping the ALP.

    Any criticism of Glorious Leader aids our enemies and will not be tolerated!

    This is the sort of thing that used to be criticized around here. When the labor ministers and conga line of labor supporters knew that the carbon tax was economic and political poison but supported it out of solidarity, oh how we laughed at the marching toward their political graves. Now people are saying ‘shah, don’t criticize policy. It might help the ALP.’

    Rubbish. The outcome has to be good policy on sound principles. Otherwise why not just support Turnbull?

    This debt tax is designed solely so the government can sell the other cuts. It has no economic utility. Fixing the structural deficit requires long term extinguishing of spending programs, not temporary(!) tax grabs. We are getting a supposed temp revenue bump while keeping long range entitlement programs. The former hurts short term improvement, the latter is an anchor on budget repair.

    Postpone direct action. Trim the NBN budget. Cut family tax benefits but do not raise income taxes.
    Above all, don’t form a conga line behind Tony Abbott while he makes very bad decisions.

  146. Combine_Dave

    If the debt Levi is enough to sink the government, then what about the cuts to family tax benefit, child care and education? Their will probably be riots

    So much for ending the age of entitlement.

    Basically cut now, when everyone expects you to cut pissing off largely ALP voters vs keeping the spending high and jacking up taxes all the way up intil the next election, to get back into the black; pissing off the very people that elected this current gov.

    If they don’t alter course now they will be a 1 term gov as all the rusted ons stay with the ALP and the LNP’s former supporters desert them for the LDP, FF, PUP etc.

  147. tgs

    This is the sort of thing that used to be criticized around here.

    Agreed.

    In case it wasn’t obvious my post was a parody. The whole Glorious Leader thing should make that pretty clear 🙂

  148. Senile Old Guy

    Now people are saying ‘shah, don’t criticize policy. It might help the ALP.’

    Only a very, very few. The general view seems to be that any help we might be giving the ALP is dwarfed by the contributions from Abbott and Hockey.

  149. calli

    Criticism here might just possibly filter through and help the LNP…get its act together.

    Sitting schtum and knitting will assuredly help them too…to a defeat at the next election.

    Gotta be cruel to be kind, guys.

  150. Senile Old Guy

    Honestly, I don’t know when I’ve seen policy handled this badly…well, by a supposedly “grown up” government:

    Mr Hockey cautioned against concluding the government’s mooted “deficit levy” would affect incomes over $80,000. “The only way that people on incomes above a certain level can contribute is through the tax system.” Mr Hockey told host Alan Jones: “I’m prepared to pay, I’m sure you’re prepared to pay.”

    So (a) Hockey is maintaining the notion of deficit tax but muddying the waters even more about who will be affected.

    And (b) stating his own preparedness to pay overlooking the considerable salary and entitlements he gets from the taxpayers, with most of us getting nowhere near what he gets.

    Link may be paywalled.

  151. Senile Old Guy

    Sitting schtum and knitting will assuredly help them too…to a defeat at the next election.

    +1

  152. Ellen of Tasmania

    A vote for FF is a vote for that big fat fellow.

    Don’t follow their preferences. Preference flows in small parties are worked to give each party the best deal they can broker. That doesn’t mean you have to sign on to it.

    Check out the FF candidate – not all of them are libertarian leaning, but here in southern Tassie, at least, we had some good candidates in the last Federal election. I think Bob Day is valuable and if he managed to get his way regarding housing/land/apprentice reforms through it would be a step in the right direction.

    Of course, if you don’t have any arguments with LDP policy, then vote for them. Some people do, so FF is one of the better options going in that case.

  153. Ellen of Tasmania

    Mr Hockey told host Alan Jones: “I’m prepared to pay, I’m sure you’re prepared to pay.”

    That is so Jon Faine.

  154. Rabz

    That is so Jon Faine ($308,525*).

    *Paid by taxpayers.

  155. H B Bear

    That is so Jon Faine $285,249..

    The smug hypocrisy is strong with this one.

  156. H B Bear

    Looks like my maths needs some work.

  157. Rabz

    Bear, don’t forget to add in the two annual 4% ‘productivity’ increases on the bearded one’s salary.

  158. Empire Strikes Back

    We pay Faine so he can “pay” more tax, lie crooked in bed at night and deliver sanctimonious edicts from the microphone. Faine and his ilk are a clear and present danger to liberty.

    To the Maralinga Gulag with him, NOW.

  159. H B Bear

    ALPBC radio in Perth was running hard on the NDIS scare campaign this morning, although they did read out my SMS

    How many wheelchairs could you buy with the $1.1bn annual funding of the ABC Geoff?

    He then went on to make a comment about how only the ABC would bring you important stories like this one. The hypocrisy of the ABC and its opportunity cost should be pointed out at every opportunity.

  160. Rabz

    There are people with disability in this country who are suffering so that Faine can be paid almost $310,000 a year.

    It’s a damn disgrace, I tells ya!

  161. johanna

    The pension reforms are muddying the waters. Making long term changes to the pension in this budget defies logic.
    They’re supposed to be fixing the ‘budget emergency’, not planning for 2026. The pension stuff can wait until next year. It shouldn’t be put off forever but 12 months won’t make any difference.

    I repeat, the current government cannot make “pension reforms” that don’t kick until after the next election, let alone after the next five elections. They can’t bind future governments, short of a Constitutional amendment.

    Why they are committing electoral suicide over gesture politics is simply unfathomable. They are drinking the Treasury Kool-Aid, courtesy of people hand-picked by Labor.

    Idiots.

  162. Infidel Tiger

    Maybe if they include a pledge that “no child shall live in poverty by 2020” everything will be hunky dory.

    We really are governed by a cabal of retards.

  163. egg_

    How many wheelchairs could you buy with the $1.1bn annual funding of the ABC Geoff?

    Yup, hopefully Kokoda Joe delivers the budget in units of ABCs.

  164. Hendrix

    Rumours that the factions are doing the numbers and Abbott is in big trouble!

    Woo hoo.. Maybe I dreamt that.

    Well they broke a promise and introduced a great big new tax. Might as well cut down a prime minister in his first term.

  165. stackja

    So the wish here at the Cat is ALP? Funny way of advancing Australia fair.

  166. Eddystone

    stackja
    #1289084, posted on May 2, 2014 at 3:50 pm
    So the wish here at the Cat is ALP? Funny way of advancing Australia fair.

    Are you serious?

    No one wants those tossers.

    We are trying to help the Libs avoid a suicidal mistake.

    Like we did with the ETS.

  167. viva

    The trouble with Abbott is he has been portrayed by the Left as this extremist devil spawn love child who eats the unborn …

    A fair few here are starting to sing from the same hymn sheet.

  168. Dan

    Dan,
    Assume you have a Self Managed Super fund and are taking advantage of the concessionary and non concessionary payments?

    Non-concessionary- no – partly because at this state of life there are other priorities. Haven’t even looked hard into it but I assume there are tax benefits once your (taxed) money is safely in. We do have extra tax-deductible payments going in due to arms length business services though.

  169. egg_

    A fair few here are starting to sing from the same hymn sheet.

    If the sentiment is echoed in the electorate?

  170. Infidel Tiger

    Prime Minister Shorten. Get used to it.

    Get your affairs in order too. Buy a can opener and a rifle. Learn how to preserve fruit and suture your own wounds.

  171. stackja

    The USA had:

    Barnburners and Hunkers
    From Wikipedia, the free encyclopedia
    http://en.wikipedia.org/wiki/Barnburners_and_Hunkers

    http://en.wikipedia.org/wiki/Barnburners_and_Hunkers#Barnburners
    The Barnburners were the radical faction. The term barnburner was derived from the idea of someone who would burn down his own barn to get rid of a rat infestation, in this case those who would destroy all banks and corporations, to root out their abuses.[1] [OED, citing the NYTribune of 1848.]

    http://en.wikipedia.org/wiki/Barnburners_and_Hunkers#Hunkers
    The Hunkers were the conservative faction. They opposed the Barnburners, and favored state banks, internal improvements, and minimizing the slavery issue. The term hunker has obscure origins, but probably came from the Dutch word honk, meaning “post,” “station,” or “home.” It was basically a synonym for “stick in the mud,” and became a contemptuous nickname, like “mossback,” for the unprogressive members of a party, which detested change. Among the leaders of the Hunkers were Horatio Seymour, William L. Marcy, Samuel Beardsley, Edwin Croswell, and Daniel S. Dickinson.

  172. stackja

    Infidel Tiger
    #1289113, posted on May 2, 2014 at 4:18 pm
    Prime Minister Shorten. Get used to it.
    Get your affairs in order too. Buy a can opener and a rifle. Learn how to preserve fruit and suture your own wounds.

    Shorten has probably to face a RC first. Likely have Chris Bowen as PM and Treasurer since he did such a wonderful job with his various portfolios of Finance, Boats, Small Business and Treasury.

  173. viva

    Get your affairs in order too. Buy a can opener and a rifle. Learn how to preserve fruit and suture your own wounds.

    I thought hysteria was the preserve of the left and menopausal women (pace sisters).

  174. tgs

    stackja
    #1289084, posted on May 2, 2014 at 3:50 pm
    So the wish here at the Cat is ALP? Funny way of advancing Australia fair.

    You’re either a complete and utter moron or you’re being deliberately obtuse.

    Not sure which is worse.

  175. Eddystone

    Get your affairs in order too. Buy a can opener and a rifle. Learn how to preserve fruit and suture your own wounds.

    Own a can opener.

    Own a fourteen rifles.

    Can suture wounds.

    Saving up for a Thermomix. (They will preserve fruit, wont they?)

    I think I’ll be ok.

  176. Senile Old Guy

    More from Hockey:

    Mr Hockey says the Coalition will take a “tax agenda” to the next election in 2016, but needs to raise more revenue now.

    “This is a call to arms for the nation,” he said.

    “We need everyone to contribute to the heavy lifting in the short term. But the long-term benefits will flow to the entire economy and the entire community,” the Treasurer said.

    “On the revenue side, we are going to have to have a new agenda in taxation. And the best way to lay out that agenda is to ensure that those that have a capacity to, pay their fair share.

    So we’re going to be listening to “fair share” at least until the budget. Saying this to people who know they already pay significant sums in income tax is not guaranteed to win people over.

  177. egg_

    “We need everyone to contribute to the heavy lifting…

    About the only heavy lifting Staples does is his fork…

  178. Anne

    How many wheelchairs could you buy with the $1.1bn annual funding of the ABC Geoff?

    That should be on a billboard Bear.

  179. jumpnmcar

    eMail correspondence update.
    Me to Member for Dawson

    Message
    George If this ” deficit levy ” happens you’ll be stabbing in the eye the very people that voted for you. And the ones that didn’t vote for you won’t pay it and still hate you. It’s suicide for LNP. Hope your one of the opponents of this. Thanks jumpnmcar*.

    Reply

    Hi jumpnmcar*,

    Thanks for your email and passing on your views regarding this.

    I do know that George shares your concerns and it is good to get this feedback.

    George is out of the office at the moment, but I will definitely pass this on to him.

    Regards,

    Dennis O’Riely
    Office of GEORGE CHRISTENSEN – Federal Member for Dawson

    Anyone else got a reply ?

    ( * not my real name 🙂 )

  180. johanna

    Anne, I don’t agree. It presupposes that the NDIS is a good thing, or that it is about supplying wheelchairs that are not currently available.

    There was an article in Pravda-on-the Yarra (which I can’t find just now) a few days ago about how the pilot NDIS is working for parents of kids with disabilities. They report that it is a bureaucratic maze, that their wishes are not regarded as important, that they spend a lot of time and effort dealing with people who don’t know about what happened the last time they dealt with NDIS, and so on.

    Is anyone surprised? The way the NDIS was set up, this is a feature, not a bug. Billions of dollars will be wasted, and the recipients will not be PWD or their families.

  181. nic

    “We need everyone to contribute to the heavy lifting…
    Except the ABC and any other Government funded wank-tank

  182. H B Bear

    Likely have Chris Bowen as PM and Treasurer since he did such a wonderful job with his various portfolios of Finance, Boats, Small Business and Treasury.

    No surprise Boy Wonder is seen as a rising ALP star. Standing on the shoulders of giants.

  183. Dan

    Anyone else got a reply

    No
    And im not impressed

  184. calli

    No. I’m still waiting for one from Phillip Ruddock.

    It’s odd, isn’t it? A couple of weeks ago I received an invitation to a cocktail party to celebrate his gazillionth year in parliament…you’d think we were the bestest of friends, wouldn’t you? I didn’t RSVP that either, so it must be payback. 🙂

    Politicians – no accounting for them, none at all.

  185. Notafan

    I don’t think Mr Abbott and Mr Hockey realise how many Australians are fully aware and absolutely furious about the waste that was RGR. It is not just the the projects were crap but the fraud that went on. Green audits, BER, the miriage of carbon and renewables, all those new pen pushers in Canberra. We know that it will never be undone, but if Mr Abbott thinks his election night speech about governing for ALL Australians means making it even harder for the economy to recover by taking even more money from the productive members of Australian society instead of letting them grow the econony he’s a fool.
    They have two years and a half years to convince the public they are on the right track, just get on with it.

  186. H B Bear

    Anne, I don’t agree. It presupposes that the NDIS is a good thing, or that it is about supplying wheelchairs that are not currently available.

    Amanda Vanstone, who has a pretty good nose for BS described the NDIS in these terms,

    THE Coalition’s Commission of Audit will today recommend the Abbott government cap the cost of the national disability insurance scheme and slow down the timetable for its full rollout to control its ballooning cost to the federal budget.

    The recommendations come after Amanda Vanstone, one of the authors of the Commission of Audit’s report, which will be unveiled today, told a political breakfast yesterday that the designers of the scheme were “criminally negligent” and its costs were out of control.

    The NDIS is a Fabian socialist’s wet dream, committed to and being implemented by a useful idiot by the name of Tony. And that is all before the United Voice workers and Therese Rudd type service providers start gorging at the carcass.

  187. johanna

    Bear, you are spot on. Every NGO in the disability sector – and others – are eyeing the NDIS as a source of future revenue. And, 99% of them hate conservative politicians with a passion.

    The idea of giving money directly to those who we decide need some help is utterly alien to the leeches that are the NGOs. What they want is for it to pass through their well-paid hands first, putting them in charge of how it is spent. If someone with what they deem to be a “mental health disability” needs a few hundred thousand for gender re-assignment, they will be there with our chequebook open. Meanwhile, there will be regular publicity for elderly parents caring for a disabled child not being funded, as proof that “we” are not spending enough.

    Here is a booby-trap with flashing red lights and warning signs all around it. Capping the cost is doing exactly what they want. It should be scrapped completely, and the topic revisited starting with a blank sheet of paper.

  188. harrys on the boat

    They even sound like retarded socialists with the “fair share” bollocks. Its Gillard-speak FFS.

  189. Notafan

    Someone suggested a voucher system for NDIS, it makes more sense to me. People will make sure they get the best value for their money if they have more control over it, it always looked like a tar pit to me.
    The fact that in order to look after his own nephew NDIS made Armadillo attend sensitivity training is enough for me to say it needs a complete rewrite.

  190. Ozgrandpooba

    The amazng Mark Steyn today (abt Benghazi but works perfectly here) – ‘Healthy political cultures punish the first lie – because otherwise it never stops.’

    And thats why we’re so pissed off you idiots.

  191. Andreas

    They even sound like retarded socialists with the “fair share” bollocks.

    Barack Obama, 2011: “If we’re going to make spending cuts, many of which we wouldn’t make if we weren’t facing such large budget deficits, then it’s only right that we ask everyone to pay their fair share

    Joe Hockey, 2014: “On the revenue side, we are going to have to have a new agenda in taxation. And the best way to lay out that agenda is to ensure that those that have a capacity to, pay their fair share.”

  192. johanna

    Notafan, there do have to be some checks and balances – a small minority of families/carers of PWD are scumbags who rip off every penny that comes their way because of the person that they are supposed to be caring for.

    But, that is insignificant compared to the waste and social engineering that the NDIS as currently set up will ensure.

  193. sabrina

    What do the cats think of McInnes’ call on the government to “end the loophole that allows goods valued under $1000 to come into Australia GST and duty free”?

  194. Senile Old Guy

    What do the cats think of McInnes’ call on the government to “end the loophole that allows goods valued under $1000 to come into Australia GST and duty free”?

    I don’t know about the Cats but I can tell you what I think: McInness, f*ck off.

    It’s just someone else trying to stick their hand in my pocket. I am fed up with governments, of all sorts, spending beyond their means and then finding yet another way to “claim” more taxpayers money.

  195. duncanm

    I’m starting to warm to some of the rumours coming out

    – Screen Australia having of budget ($100M)
    – Hockey making noises about the Green Finance Boondoggle and wind farms

  196. Senile Old Guy

    What do the cats think of McInnes’ call on the government to “end the loophole that allows goods valued under $1000 to come into Australia GST and duty free”?

    Additional thoughts:

    It is not a loophole. As I understand it, the original reasoning, confirmed by some recent discussion, was that it would cost more to do than it would bring in. So it was a cost-benefit decision.

    Further, any time that mugs — i.e. taxpayers — find a way to get something for a lower cost, parasites appear and start agitating for it to be either stopped or taxed. Uber is a classic example. Uber is facilitates agreements between “consenting adults” but this threatens the Taxi industry so they are making claims about “safety” and throwing out various other red herrings.

  197. Anne

    Johanna and Bear, you’re quite right of course. I didnt mean it literally. The idea was to manipulate the emotions of the populace to make closing down the ABC more palatable. Thence that cash into general revenue.

  198. Combine_Dave

    Trying to regulate or ban insurance companies who use third party parts (rather than dealer/manufacturer) in repairs is another example.

  199. srr

    Remember, Abbott was unelectable, until Peta Credin told Australia that she could personally confirm, he supports IVF, Abortion and Homosexuals = sold out his Catholic faith.

    Hell, she even made sure Australia knew she would not have agreed to work ‘for’ him (when he begged her to), unless she was sure he was solid on those nonnegotiable positions.

    Peta Credlin seems to have quite a solid record of taking down men who aspire to lead the nation, but who fold to the demands of women.

    I could come to like her.

  200. johanna

    The $1,000 exemption is as much a practical consideration as anything else. We would have to pay thousands of customs officers to check every parcel, then have it valued, then follow up.

    Long ago, a few people did some sums and worked out that it is a waste of public money to monitor every single parcel. And for heaven’s sake, how do you value some of these things? The Administrative Appeals Tribunal (paid for by us) would have hundreds, perhaps thousands, of cases about that in the pipeline.

    This rearguard action by incompetent Australian retailers to stifle competition should be vigorously resisted. And, they should raise the threshold to $2,000.

  201. Combine_Dave

    Or closing the skilled immigration ‘loop hole’ by blocking O/S students from gaining PR easily once theyhd finished their courses here.

    If our unis aren’t producing skilled graduates…

  202. Anne

    Why aren’t the latest posts on the twitter feed!

    My avatar goes freaky when I go through the Cat website???

  203. Anne

    I’m having an identity crisis!

  204. Notafan

    That comment by Obama a is incredibly dumb.
    I am a soon to be ex small bricks and mortar retailer who, in part, has been affected by the $1000 threshold, but they would have to drop the threshold to about $10 to do me any good.
    Australia’s threshold is one of the highest, it is £15 in the UK and $30 in Canada. The UK has a much higher VAT and much closer alternative suppliers and I could imagine their VAT collection would be screwed if they had a higher threshold. It is obviously possible to have a cost effective admistrative process if our competitors can. In my industry Australian retailers are screwed by international companies who charge more for the wholesale product than the retail price in the UK and the US plus we pay a lot more in rent and wages.
    Australia post are also party to a postal agreement that sees them lose on every international parcel delivery. They compensate by charging more to deliver domestic parcels, I can get items delivered to Australia from the UK for a total cost under the parcel alone price within the same suburb in Australia.
    I get the not wanting to pay but it’s a stupid system when you get to spend a few days a year doing free administration work for the government as well as handing over 10% of your pitiful gross to the government and your competitors don’t.

  205. Grigory M

    I’m having an identity crisis!

    Who are you?

  206. Rabz

    It is obviously possible to have a cost effective admistrative process if our competitors can.

    FFS – how many times does this have to be stated?

    Even the most basic cost benefit analysis of any tax on goods imported by mail order or online demonstrates that it would cost more to collect than it would raise in revenue.

    Three of the most salient reasons for this are the absurdly high wages in this country*, the cost of implementing the additional compliance procedures and the low rate of GST.

    FFS, give it a rest. It was interesting that one of the first statements to emanate from the mouth of that socialist shitstain Mike “son of Bruce” Baird was to demand such a tax be imposed.

    I can tolerate such ignorance of basic economics from your average idiot in the street, but from politicians/journos, etc, it is utterly inexcusable.

    *The major driver of high local retail prices.

  207. Rabz

    The major driver of high local retail prices.

    Oops – one of the major drivers – I’ve heard some horror stories about the cost of renting retail premises in this country.

  208. Natural Instinct

    Rabz #1289351, posted on May 2, 2014 at 8:05 pm

    Even the most basic cost benefit analysis of any tax on goods imported by mail order or online demonstrates that it would cost more to collect than it would raise in revenue.

    Having been in communication with Baird in Sep 2012, Conroy Oct 2012, and Baird again in Feb 2013, you may be surprised that there is a cost effective solution to psuedo-GST collection for low value goods which is at Treasury and COAG.
    So wait and see.

  209. Rabz

    So wait and see.

    Great – I can hardly fucking wait.

  210. Combine_Dave

    Another fucking tax impost?

  211. stackja

    RGR have been forgotten until R faces the Batts RC and G faces the S&G inquiry. Then watch the MSM cover up for them again.

  212. stackja

    tgs
    #1289138, posted on May 2, 2014 at 4:42 pm

    Discerning genius?

  213. Having been in communication with Baird in Sep 2012, Conroy Oct 2012, and Baird again in Feb 2013, you may be surprised that there is a cost effective solution to psuedo-GST collection for low value goods which is at Treasury and COAG.
    So wait and see.

    So they’re going to increase the scope of GST as well? And I suppose they don’t think that counts as a tax increase either. My God. This government is on a fast track to self-annihilation.

    memo to Lib HQ. If you expand the coverage of GST, it’s a tax increase.
    Here’s a test, guys. before you make any change to tax policy, ask yourself this question. “When we do this, will we be collecting more tax?” If the answer is yes, it’s a tax increase.

  214. Combine_Dave

    KRudders was remarkably bad also.

    Although his failures were over shadowed by the slappers tax breaking promise.

    An event to occour again recently.

    Lowering the GST threshold would be the final strike against the NSW LINOs occupying the Lodge.

  215. Notafan

    The $1000 de minimus is an administrative rule, there is no legislation that I know of that says you can import as much as you want as long as each time it is less than $1000.
    I am pretty familiar with the high cost of wages and rent being in retail. I object to being told retailers are greedy, in my strip we struggle and we have a fair bit of turnover. I work a second job as I am stuck with a lease, for now, I haven’t been paid a ‘ wage’ from the shop for over a year. As I said the GST differential is a marginal issue for me to be competitive. Australia has been a sucker market for international suppliers and as for landlords…
    But of course the science is settled.

  216. Combine_Dave

    I have no issue with the gov deregulating wages, privatising energy supply, removing restrictions on trading hours etc to allow you to be more competitive.

    However to extend a tax while doing nothing to address the above (at great expense to the taxpayer; collects less than it costs to enforce) is nothing short of the sort of idiotic rent seeking such as we last saw from Holden and Ford.

    What next? Applying the antidumping laws to any products from o/s that are cheaper than here?

    If it makes you feel better the last item I recently purchased online was sourced domestically.

    Although the three boxes before that contained items from HK that were substantially cheaper than Australia price (plus 10% GST)…Much cheaper than the 10% tax difference.

  217. Anne

    Grigory M
    #1289342, posted on May 2, 2014 at 8:00 pm
    I’m having an identity crisis!

    Who are you?

    Who who, who who…

    …let the dogs out! 😉

  218. Notafan

    Yes, one reason is the incredibly cheap postage from Hong Kong which I have been told can be as little as 10c, subsidied by Australia Post domestic customers.
    If the purpose of the GST is to tax consumption then it seems to me to limit that to only those imported goods that have based through the hands of an Australian business is unreasonable and in a global market unsustainable.
    I would rather they reduce the GST to 7.5% and apply it to all domestic consumption of non exempt goods, assuming there is a way to reduce the administrative burden on private importations.
    I also note concerns about the administrative burden of GST do not extend to the cost to Australian small businesses who have to do it all for free.

  219. Combine_Dave

    Yes, one reason is the incredibly cheap postage from Hong Kong which I have been told can be as little as 10c, subsidied by Australia Post domestic customers.

    So I need to pay more tax because Aus Post are retarded?

    Privatise them and quit your belly aching.

    PS: More than half the time it’s Toll or DHL doing the delivering, not sure how that fits into your distorted world view?

  220. Notafan

    Look my issue with Australia Post is that their failure to monitor the universal postal union grossly disadvantages small Australian businesses in the retail sector both in the domestic and international markets. I don’t know the whole story though DHL I believe is the German PO. The post is a separate issue and I’ve probably conflated them a bit, but it burns when most people don’t realise how difficult it is when shipping is so expensive. It’s one of the reasons internationals can sell thing’s more cheaply than importers ( I sell overpriced locally made as well).
    Why should I pay more tax?
    In reality the 10 % that my business collects comes out of my pocket, in our competitive market we were never able to add on the GST, we just had to suck it up.
    I don’t believe, by the way that my view is distorted. Perhaps the $1000 minimal should be extended to domestic purchases as well, that would be much better for me, in my roll as unpaid tax administrator.

  221. dan

    but it burns when most people don’t realise how difficult it is when shipping is so expensive

    Something I have never fully understood. So much of this stuff is shipped from Asia to the US and sold from there anyway. I realise we are a small market but how is it that more expensive to ship something straight from China to Australia rather than China to the US? So much so that the retailers here are probably paying more before their markup than end consumers are paying in some other markets.

  222. Natural Instinct

    The pseudo-GST proposal is to do what the USA has done to protect their domestic retailers.
    .
    The USA Postal Services imposes a $9.00 fee on parcels greater than than 500 grams being shipped into the USA. For us shipping from here, this is described as “AP Revenue International Surcharge”. The people at the Australia Post tell me that this fee has been in force for a couple of years and the USA say it is to pay for their increased screening and security measures.
    But the effect is that you cannot run an internet shop outside the USA and ship cost effectively to US customers for small value items. I suspect they fear that everything will be shipped from “shops” in China (really distribution centres).
    .
    Why can we not do the same?
    Yes I know we are talking about defeating free-trade, protectionism, tariffs and increasing prices for Australian consumers… but do we want any retail sector in Oz?

  223. Senile Old Guy

    Good summary in the Australian, although it might be behind a paywall:

    Only a fraction of Australians pay more in taxes than they pocket in taxpayer benefits over a lifetime — yet Tony Abbott’s debt tax will punish these very people.

    The median Australian household gains $114 a week more in government benefits than it pays in taxes.

    On average, a median household pays $348 in taxes each week — yet claws back $103 in welfare payments plus $359 worth of government services in the form of free or subsidised healthcare, education and childcare.

  224. Senile Old Guy

    PVO is very variable, but sometimes is on the mark:

    Sometimes as a journalist you wish you could break the confidence of your sources to outline for readers just how scathing Tony Abbott and Joe Hockey’s parliamentary colleagues are about this deficit tax (a levy is just a tax by another name): “A joke”, “mind numbingly stupid”, “beyond belief”, “it makes no sense”. These are just some of the remarks Liberal MPs have made to me in the past 72 hours.

    Pragmatically, it represents a clear broken promise from the election not to introduce new taxes. It thus damages the government among swinging voters. As Abbott said: “We’re about reducing taxes, not increasing taxes. We are about getting rid of taxes, not imposing new taxes.”

    I wonder how the Prime Minister’s 16 lower house MPs on margins of 3 per cent or less feel about the new deficit tax, which kicks in at an annual salary of just $80,000 by the way. Let’s spell it out in pure electoral terms. If the government loses these seats, it comfortably loses its majority.

    If the tax comes in, the Coalition is out.

    I’ll go a bit further. If the tax comes in, in any form resembling what we have been hearing about, the Coalition will plummet in the polls, there will be a spill and Abbott and Hockey will be gone.

  225. Rabz

    but do we want any retail sector in Oz?

    The customer is always right.

    I am fed up with the bloody government continually trying to punish me for acting in a rational manner. And don’t get me started on being told I’m expected to buy from inefficient, uncompetitive local retailers at a significant cost disadvantage to myself. Most of the goods I buy online are invariably not even sold in this bloody backwater in the first place.

    Add to this the fact that we pay way over the market cost for most goods sold locally online and you should not be surprised by the results.

    A classic example – adidas online in this country sell a certain type of football boot full price for $220 (it is currently discounted to $132). Add in postage and you’re looking at around $150, even with the discount. I can buy the same boot from Pro Direct soccer in the UK for around $100 and with express postage it totals around $120 maximum, with a slightly longer waiting time of about two days. As an added bonus, there is no GST on the cost.

    I’d be crazy to buy from the local online shop.

  226. Natural Instinct

    Rabz:

    And don’t get me started on being told I’m expected to buy from inefficient, uncompetitive local retailers at a significant cost disadvantage to myself.

    What is the answer? Free trade?
    But we know that some political systems use trade for advantage. I am sure that China would love to be the shopping centre for Australia (and the USA). But don’t complain if they introduce an Australia Tax of 20% down the track. Why? Because they can. (see Russian gas for example of the pitfalls of short-termism).

  227. Combine_Dave

    that more expensive to ship something straight from China to Australia rather than China to the US? So much so that the retailers here are probably paying more before their markup than end consumers are paying in some other markets

    Dude, leave those poor wharfies alone (work choices is dead remember?) and get with Labor’sthe Liberal’s new high tax agenda!

  228. Token

    I’d be crazy to buy from the local online shop.

    Considering this stupidity, think on the number of people who have too much of their super invested in retail real estate.

    That is a class of people who, due to government stupidity, will be drawing an aged pension as a result of the excessive government costs & regulation, and the insanely high minimum wage and restrictive work restrictions causing retailing in Aus to be too expensive.

    This is a problem the political class has caused chasing the inner city greeny / welfare vote.

  229. Combine_Dave

    What is the answer? Free trade?
    But we know that some political systems use trade for advantage. I am sure that China would love to be the shopping centre for Australia (and the USA). But don’t complain if they introduce an Australia Tax of 20% down the track. Why?

    Free trade is not an alternative, it’s the only viable option.

    Cheap consumerables are not a weapon that one can simply jack the price up on to wreck havoc on your enemies. If China was to committ economic suicide (as the tax raisers here are suggesting Australia should do) our suppliers would simply source from SKorea, Taiwan, Japan or Mexico.

    This is not so easy to do with energy exports. A more comparable example to Russia cutting gas off to Europe would be Australia cutting coal or uranium to China. In both cases it would be possible to find alternatives. But not before significant damage would ensue.

  230. Token

    Dude, leave those poor wharfies alone (work choices is dead remember?) and get with Labor’sthe Liberal’s new high tax agenda!

    Also forget about fixing Albo’s laws which made shipping from Australian port to Australian port prohibitively expensive.

    The Labor-Lite government knows the solution, more tax on the small % of taxpayers who are actually paying income tax today.

  231. Token

    If China was to committ economic suicide (as the tax raisers here are suggesting Australia should do) our suppliers would simply source from SKorea, Taiwan, Japan or Mexico.

    A lot of manufacturing is moving to Philippines, Vietnam & similar countries as costs rise in China. Free Trade rules.

  232. johanna

    But don’t complain if they introduce an Australia Tax of 20% down the track. Why? Because they can. (see Russian gas for example of the pitfalls of short-termism).

    Nonsense. For a start, if they jack up their prices, others will move into the gap (as people above have mentioned).

    More broadly, entrepreneurialism and capitalism is all about “short-termism.” It is not about Five Year Plans, or purporting to forsee the future. It is about perceiving an opportunity in the here and now, and making a buck out of it. And it has caused the greatest wealth explosion in human history ever, once the Industrial Revolution began.

    Do you have a problem with that?

Leave a Reply

Your email address will not be published. Required fields are marked *