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Australian Federal Election - 2019

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IFocus said:
"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."
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166 billion over 5 years
Interest during last 5 years 60 billions
So coalition increased deficit except interests vs labour by 100 billions
Nothing to be proud of
but
Labour went from basically 0 to 175 billions in 5 years so roughly double the amount that coalition did
Coalition who did a pathetic job in my opinion yet twice as good as labour..not really good but half debt increase in its budget
Sorry to deflate your hopes but compare apples with apples
I hope you understand the figures
 
qldfrog said:
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
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Part of the reason I'm an advocate for government ownership of sensible things of value, for example roads and utilities, is that they represent financial wealth that's hard for politicians to touch.

Running up $ billions in debt when you've got roads, railways, dams, power stations, gas pipes, telecommunications an so on all generating revenue is one thing.

Running up $ billions in debt backed by basically nothing is an order of magnitude bigger problem.

It was always my fear during the privatisation mania that politicians would put the country back in debt in due course and this time there wouldn't be the solid asset backing that there was previously. Seems I was right...... :2twocents
 
And do not take my post as support for the current coalition, fact that labour did roughly twice the damage that coalition in term of budget debt increase does not glorify coalition pityful results
There are priorities in day to day, proper house management and visions for the country
While Turnbull had some, he never had power or the balls to impose himself, the others be it scomo, worse TA and Labour are at best pathetic, at worst, treason to this country
I can not vote for either
 
IFocus said:
Interesting that the Nats abandon its own base for big money interests

On another note great balanced coverage over on the Australian............
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I have lived ,at times,in three states in the Murray Darling basin and have followed the goings on closely.How a reprobate like Joyce can have anything to do with public policy is a travesty.I can still visualise him accepting a 40k award from Reinhart.
 
chiff said:
I have lived ,at times,in three states in the Murray Darling basin and have followed the goings on closely.How a reprobate like Joyce can have anything to do with public policy is a travesty.I can still visualise him accepting a 40k award from Reinhart.
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Joyce is an embarrassment, and should permanently remove himself from the public eye. Likewise with that skidmark, Andrew Broad.
 
So in about 5 weeks we'll know whether we get more of the same or, more of the same.
 
Mr Dutton might like the odds of betting against himself.
Mr Abbott is definitely in trouble.
The various leaders look safe for now.
Labor is sitting at short odds, but easing.
 
PZ99 said:
So in about 5 weeks we'll know whether we get more of the same or, more of the same.
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Well, we are going to get to choose who we get to blame for the imminent recession at the next election.

On the upside, I guess we can expect another $900 cheque sometime in the next three years.

In the spirit it is given, I'm gonna put the lot on red and let it ride. :cool:
 
wayneL said:
Well, we are going to get to choose who we get to blame for the imminent recession at the next election.

On the upside, I guess we can expect another $900 cheque sometime in the next three years.

In the spirit it is given, I'm gonna put the lot on red and let it ride. :cool:
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I'll have to remember to lower my income for that year if it happens :)

Last time I got zilch for earning over $100k. BOOOO ! :2twocents
 
PZ99 said:
I'll have to remember to lower my income for that year if it happens :)

Last time I got zilch for earning over $100k. BOOOO ! :2twocents
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You filthy rich.this is un australian.
You should be on a disability pension and your parter a ndis carer.what's next? you want to be a self funded retiree
:)
 
On a more serious note, too early, i am not ready yet to move os and the better half still have 2.5 months of work ahead
And for those who know me a bit, the liberal on my seat is Peter Dutton aka Judas
So will write a little essai on tge bulletin, and the labour winner mp will gloat about their swing vote victory...
 
PZ99 said:
I'll have to remember to lower my income for that year if it happens :)

Last time I got zilch for earning over $100k. BOOOO ! :2twocents
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The line of people walking out of JB's and Hardly Normals, with plasma t.v's was hilarious.:xyxthumbs
 
qldfrog said:
On a more serious note, too early, i am not ready yet to move os and the better half still have 2.5 months of work ahead
And for those who know me a bit, the liberal on my seat is Peter Dutton aka Judas
So will write a little essai on tge bulletin, and the labour winner mp will gloat about their swing vote victory...
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I work a fair bit in Judas' electorate.

If you see a really handsome guy dressed in khakis (that smells like burnted hoof) buying a pie at the Samford Patisserie, be sure to say g'day :cool:
 
qldfrog said:
You filthy rich.this is un australian.
You should be on a disability pension and your parter a ndis carer.what's next? you want to be a self funded retiree
:)
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LOL > Actually I was quite happy not to get the money, I didn't need it.
I was a bit less happy about being asked to pay it back with interest though :cool:

Funnily enough, I did get around 16 times that amount from Mr Abbott's EDI credits.
Wonder if I'll have to pay that back too ? :2twocents
 
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