Knobby22
Mmmmmm 2nd breakfast
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He was going to come very close to winning despite the News Corp press. Not close now!
The ScoMo Government
- Thread starter sptrawler
- Start date
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- government scott morrison
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If the Liberals shifted so as to represent ordinary "middle" Australians then they'd be in a vastly better position.
That was the original intent of the party wasn't it?
That was the original intent of the party wasn't it?
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Probably not financially.
Ordinary people don't have a lot of money to donate to political parties.
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ScoMo is a religious nut, not simply not relatable for most Aussies. If the party had supported Turnbull right from the start, rather than the conservative faction blocking & sabotaging his every move, they'd be in the box seat to win the next election, IMO. Turnbull was very well liked at the time he toppled Abbott.
Abbott, Dutton & co should go join Bernadi and allow the Libs to quit pushing right-wing ideology, and instead move to the "sensible centre" and get on with actually governing and developing real policy.
Now we will be stuck with Shorten and his identity politics.
Abbott, Dutton & co should go join Bernadi and allow the Libs to quit pushing right-wing ideology, and instead move to the "sensible centre" and get on with actually governing and developing real policy.
Now we will be stuck with Shorten and his identity politics.
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Might be the best thing if Labor get a majority in both houses.
We need to see what they will do with absolute power. The Libs blew their chance with Workchoices so Labor might over reach the other way and get thrown out in 3 years.
On the other hand, if Labor uses their power wisely they could be in for a long time.
Logique
Investor
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Be careful what you wish for, especially those self funded retirees, or anyone who likes driving their cars, eating meat or turning on the electricity at night. Or budget surpluses.
Labor's temporary Treasurer of the moment is Wayne Swan, unbelievable, Mr Surplus Next Year himself.
Yellow vests all round
Labor's temporary Treasurer of the moment is Wayne Swan, unbelievable, Mr Surplus Next Year himself.
Yellow vests all round
Logique
Investor
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I voted for Hawke and Keating. I was just responding to the urban myth that Turnbull could have won the forthcoming election. After how may bad opinion polls in a row, was it 38
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We have spent too long with ineffective government in this country. I agree, we need absolute power for a full term, so Australians can see what it means and then vote one way or the other.
I am concerned about Labor's tax policy though. In it's current form, it means a substantial and wide reaching tax hikes for anyone earning more than about $100k per annum, and for self-funded retirees. I agree Neg Gearing should be unwound, but I don't see the issue with CGT in it's current form. Doing both at the same time will have unintended consequences. Furthermore they are talking about messing with Family Trusts.....these are used by self-employed people to reduce the tax burden. Again, I don't see issue with this. It's bloody difficult to start & run your own business in this country, policy should only seek to make it easier, not harder.
I hope some of their policies end up being watered down, or phased in over a long period of time.
I'm also concerned about the continued politicising of social issues. Gender equality in terms of pay for example.....I think Government should stay out of it. It's already happening and moving in the right direction of it's own accord, we don't need Government meddling in hiring policies, quotas etc., this just makes Australia an even tougher place to do business than it already is.
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If shorten gets in and makes the proposed changes, the gap between rich and poor will end up like the U.K.
All a working person will be able to do, is pay off their own home, but people won't see it untill it is too late IMO.
It won't affect me at my stage of life, but I feel sorry for the kids and grandkids, the U.K lifestyle is nothing to aspire to.
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Well you have just hit the nail on the head, there are thousands of pommie tradesmen over here my father was one, reason being there was no way to get ahead in the U.K.
There aren't a lot of Aussie tradesmen, moving to the U.K for a better life.
https://www.smh.com.au/money/tax/re...-are-not-average-joannes-20181122-p50ho7.html
T 10% must all be on here
T 10% must all be on here
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https://www.abc.net.au/news/2016-04-29/potter-negative-gearing-helps-poorer-people-most/7369604
If Shorten wants to help working people get ahead, why not make negative gearing and capital gains concessions, only available up to a certain income?
He could do the same with the franking credits also, but that isn't part of the plan, the worker isn't hungry enough atm.
Well I know why, be carefull what you wish for, I look forward to your posts in 20 years time if I'm here.
And it isn't the top 10% on here, it is people who think ahead a bit, that why they are self funded.
Geez it was only set up by that germ Howard it’s not like it’s been around forever.
Bit like getting your penalty rates cut......oh that’s right that doesn’t effect you
Just wait for your trickle down benefits from the mob YOU voted for to flow through your door
Be patient Homer
Bit like getting your penalty rates cut......oh that’s right that doesn’t effect you
Just wait for your trickle down benefits from the mob YOU voted for to flow through your door
Be patient Homer
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Firstly you don't know who i voted for, secondly why not answer the question, rather than burst into a rant?
So back to the question, why not have the benefits capped on actual gross wages, so that low to middle income earners aren't hit and still get help out of the $hit pit?
Darc Knight
Investor not Trader
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You should start a thread "how to retire by 55" in the private area. It would be a great contribution to the Forum like @Skate 's thread (considering I've temporarily dropped the ball with my thread).
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The best form of investment for retirement is your own home, not renting someone elses.
Negative gearing takes away home ownership from those who need it and gives it to those who don't.
Make it available to a certain income, or limit it to one property only, but Labor's plan seems the best compromise to me.
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I'm no expert and if you asked my wife, if she would go through it again, there would be a resounding no.
It involves buying sod all for yourself, and investing in money making assets, I started by picking up lawn mowers from garage sales and doing them up on my days off, the same with cars from auctions. Wouldn't work today, no one wants a lawn let alone mow it, also cars in relative terms have become cheap.
When i had saved $10k I bought a flat for $40k and rented it out, then when that was paid off bought a cheap house on a developable block.
Then sold the flat and our house, for a deposit on house in a good location, when I paid everything off, I down sized and put the money in super.
What my wife would say would be, "yes and I didn't even have carpets on the floor, you tight ar$e". lol
Can’t they build?
