Australian (ASX) Stock Market Forum

Australian Federal Election - 2019

I'm expecting a zzzz-fest Red.

I also wonder how similar inquisitions would fair in previous administrations recently.
 

Everybody's Home
April 2 at 8:33 PM ·
116,000 people will be homeless tonight in Australia - what good is a surplus to them?

Despite record numbers of homelessness, and despite the fact that 800,000 people are living in rental stress in Australia, Treasurer Frydenberg's Budget has ignored the desperate need for social and affordable housing - instead continuing to favour investors.

What Australians need is investment in social and affordable housing - so that everyone can have a home.
 
If we have a surplus we could reduce our debt, our interest alone is one billion aud a month.
Under howard it was 0
Are you not surprised that things were better then, a billion extra to spend on hispital school or public housing EVERY month
 
If we have a surplus we could reduce our debt, our interest alone is one billion aud a month.
Under howard it was 0
Are you not surprised that things were better then, a billion extra to spend on hispital school or public housing EVERY month
There was a GFC between then and now, and Labor kept the economy ticking over while the rest of the world was largely in financial tumult.
The Coalition's record over recent years in growing debt - make that doubling it - has been good, despite the PM's claims about how good they are at managing the economy.
An the Treasurer's mooted fiscal surplus is contingent on strong commodity prices, not good management. We can thank China for keeping rooves over the heads of most, but as plod points out, not nearly all.
 
If we have a surplus we could reduce our debt, our interest alone is one billion aud a month.
Under howard it was 0
Are you not surprised that things were better then, a billion extra to spend on hispital school or public housing EVERY month
Rubbish, Gina Rinehart's wealth alone would house the poor, then there is poker machine and casino profits.
 
There was a GFC between then and now, and Labor kept the economy ticking over while the rest of the world was largely in financial tumult.
The Coalition's record over recent years in growing debt - make that doubling it - has been good, despite the PM's claims about how good they are at managing the economy.
An the Treasurer's mooted fiscal surplus is contingent on strong commodity prices, not good management. We can thank China for keeping rooves over the heads of most, but as plod points out, not nearly all.
Our response to the GFC was deplorable, the mining construction boom was on the massive upswing, we were importing workers weekly.
Then Kev saw an opportunity to splash cash, big note himself, the rest is history.IMO
 
Rubbish, Gina Rinehart's wealth alone would house the poor, then there is poker machine and casino profits.
You could never house the poor, it has been tried endlessly, the maintenance costs always breaks it's back.
The States have been trying to offload their welfare housing for decades.lol
Even silly Billy isn't going there, he is going to not only allow the rich to negative gear rentals, he is going to give them an $8000 bonus.
Rather than the Government build social housing.
 
You could never house the poor, it has been tried endlessly, the maintenance costs always breaks it's back.
The States have been trying to offload their welfare housing for decades.lol
Even silly Billy isn't going there, he is going to not only allow the rich to negative gear rentals, he is going to give them an $8000 bonus.
Rather than the Government build social housing.
What about the single women in 50's and 60's who cannot get work nor afford the rents. And as a member of the Australian Unemployed Workers Union can tell you there are many. Public housing list alone here in Victoria has a 15 year waiting list.

Most of you here are on another planet. But the real messages are getting out and it is going to slaughter the Libs
 
What about the single women in 50's and 60's who cannot get work nor afford the rents. And as a member of the Australian Unemployed Workers Union can tell you there are many. Public housing list alone here in Victoria has a 15 year waiting list.

Most of you here are on another planet. But the real messages are getting out and it is going to slaughter the Libs
Exactly what I said.
Why doesn't Labor say, we are going to spend $2.3 b on social housing, that the Government is going to own and operate. :roflmao:
That would be novel.
No we will let the rich build houses and negative gear them, then pay them rent assistance and hope we don't get ripped off as we normally do.:xyxthumbs

The Libs will get slaughtered, and as usual with Labor, everyone buys the dream, then dumps the reality.
It's just a cycle we go through.Lol
 
Rubbish, Gina Rinehart's wealth alone would house the poor, then there is poker machine and casino profits.
rubbish ?so one billion a month is rubbish, well it is not mate or your income is not anywhere like mine..
just need a wake up call, with one billion every month of interest payment, you can dream as much as you want but the situation is going to get worse and Australia will become a failed state, a la Venezuela or Argentina based on voters choice.get ready as it is going to get worse, and much worse very quickly if your party takes over
 
Plod, all that is going to come out of this election, is the loss of options, for the working class to get ahead.
Which probably needs to happen, because they have got way ahead of themselves. Lol
.
 
Odds for coalition voters are really good: could only get $4.50 last week, and today it's $5.50.
Will Bill get shorter odds than Winx?
Let's see what happens over the days leading to the PM declaring a date.
 
rubbish ?so one billion a month is rubbish, well it is not mate or your income is not anywhere like mine..
just need a wake up call, with one billion every month of interest payment, you can dream as much as you want but the situation is going to get worse and Australia will become a failed state, a la Venezuela or Argentina based on voters choice.get ready as it is going to get worse, and much worse very quickly if your party takes over



"As at July 1 2018, the budget estimate of net debt in Australia was about A$341.0 billion, up from A$174.5 billion in September 2013, when the Coalition took office. That's an increase of A$166.5 billion, or roughly 95%, over almost five years."
 
3 Shovel.jpg
 
All we have to do is get everyone on welfare, then we know there is no middle class welfare happening, great logic.
 
I expect the ALP to win the the Lower House, and the Senate to be controlled by the minor parties, nutters, and unmentionables.

gg
 
I still maintain that with 1 billion per month in interest only, it is hard to see any hope ahead, i do not really care who did it, i know it was not Costello, labour started the mess and then good luck to balance a budget when your debt interests eat all margins, and your voters are just me me me..now now now
And these 12 billions a year bring nothing to australia, are mostly paid overseas, will get worse when rates rise or aussie dollar goes down so when clowns suggest that running a deficit and increasing consumption will sort things out, they are 50y behind in economics
applying methods which do not work anymore in a country where we do not produce any good consumption goods, import most of stuff even food and oil..
Good luck but i am sure GDP will increase in line with debt, bring 500,000 migrants a year and Bowen will be able to get some awards from the socialist clique
Venezuelia and cuba gave a lot of public housing
lucky them
If you can bankrupt a country which has the biggest oil reserve in less than 10 years with socialism, it will be quicker here..but sure give money away, dance today, tomorrow we will die unprepared to global warming so who cares
 
Top