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Australian Federal Election - 2019

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wayneL said:
Agreed. This should be a cake-walk for Labor.
If it was the Labor of old they'd bolt home with a leg in the air. Idendity politics and the toxicity (and surprisingly poor performance in the debates)of Shorten is costing them.
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Who said it will not be?
Today the betting odds SHORTEN for Labor - by a considerable margin.
We need to wait for the fat lady, of course, but those punting for the Liberals can make a killing putting their money where there politics lie.
You other comments are as vacuous as ever.
 
rederob said:
Who said it will not be?
Today the betting odds SHORTEN for Labor - by a considerable margin.
We need to wait for the fat lady, of course, but those punting for the Liberals can make a killing putting their money where there politics lie.
You other comments are as vacuous as ever.
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Can you punt on hung parliament?
 
I hope people give a lot of thought to their Senate votes
https://quadrant.org.au/opinion/qed/2019/05/the-tracks-of-his-tears/
The Tracks of His Tears By Peter O'Brien, 10th May 2019
...the real Bill Shorten. Shifty, deceptive, cynical, self -serving and treacherous, as both Rudd and Gillard can attest...
...The sheer arrogance and contempt that Shorten has displayed with his “how can you discuss the cost of real action on climate change without also discussing the cost of doing nothing” meme plunges deeper than any nadir he has previously plumbed...
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I gather the blocked ****wit is still being a ****wit.

*****

Trivia: just spotted, and had a great conversation with a potential Senate crossbencher.

Let's say the Senate is gonna be an interesting place :laugh:
 
I reckon the '20's will be a decade of decadence in the senate :)
 
wayneL said:
I gather the blocked ****wit is still being a ****wit.

*****

Trivia: just spotted, and had a great conversation with a potential Senate crossbencher.

Let's say the Senate is gonna be an interesting place :laugh:
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When will you stop playing the man and actually post something credible?
As if the Senate has not been an interesting place for many years now :speechless:.
 
The one single issue that has swayed my vote against Labor has been the Franking Credit Rebates issue. They say there are up 1 Million Self Funded Retirees that may be affected and they are not the wealthy ones. I just hope that all the seniors are clued about this and vote against Labor and stop this unjust tax against retired people. I got a feeling that this election is not a forgone conclusion and that the Labor Party has under estimated the backlash of this policy. I took a bet of $4.25 to $1 that the Libs will form Government, I hope my hunches are right. Here's a photo I snapped yesterday in my marginal electorate, good luck all.
20190510_113442.jpg
 
Bill M said:
The one single issue that has swayed my vote against Labor has been the Franking Credit Rebates issue. They say there are up 1 Million Self Funded Retirees that may be affected and they are not the wealthy ones. I just hope that all the seniors are clued about this and vote against Labor and stop this unjust tax against retired people. I got a feeling that this election is not a forgone conclusion and that the Labor Party has under estimated the backlash of this policy. I took a bet of $4.25 to $1 that the Libs will form Government, I hope my hunches are right. Here's a photo I snapped yesterday in my marginal electorate, good luck all.
View attachment 94554
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Labor reckons that 95% of retirees will be unaffected by their franking credit changes, and the 5% that are would probably not vote for them anyway.

BTW, that photo is of a long deceased US woman and has been used in political campaigns around the world, she doesn't care about franking credits.
 
Well they lost me anyway. Just in case you missed it on the other thread I'll put it up here with what real living Aussie's are saying about it.
 
As a previous Liberal voter until this election, I have had to change for the good of the country and my kids.

I used to vote for the party of Menzies but it's become the party of Murdoch.

I feel I need to join the party to help get it back on track.

Rupert said it's OK for them to lose this election as he instigated the removal of Turnbull.

Let's face it, the Libs plan to lose. If they wanted to win they would have at the very least made Julie Bishop the Prime Minister.

Sorry Bill.
 
Bill M said:
The one single issue that has swayed my vote against Labor has been the Franking Credit Rebates issue. They say there are up 1 Million Self Funded Retirees that may be affected and they are not the wealthy ones. I just hope that all the seniors are clued about this and vote against Labor and stop this unjust tax against retired people. I got a feeling that this election is not a forgone conclusion and that the Labor Party has under estimated the backlash of this policy. I took a bet of $4.25 to $1 that the Libs will form Government, I hope my hunches are right. Here's a photo I snapped yesterday in my marginal electorate, good luck all.
View attachment 94554
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Why do you think it should be called a tax?-most retirees pay no tax.
 
Bill M said:
Because they will be thieving tax already paid money from my personal income. There is a whole thread on this, here is the link. https://www.aussiestockforums.com/posts/1025418/
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Without reading the article...If you are paying tax on your personal income,can't you claim the franking credits against your income?As they say Australia is the only place in the world where you can get a tax refund without paying tax.As I have said before I get franking credits,but there are other options to get a similar income-and I am prepared to be flexible.Wouldn't the attitudes change if there was share market crash.It was a good lurk while it lasted,and I think it will continue with monetary limits as to how much can be claimed.The centre alliance ,if they hold balance of power in senate ,will see to that.You will not be disadvantaged Bill,if you are prepared to be flexible.Too many scare campaigns!
 
chiff said:
I get franking credits,but there are other options to get a similar income-and I am prepared to be flexible.
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If it goes through like Labor wants it too then yes of course I might have to dump stocks and get into other investments that may offer what I had before. If thousands of people start selling their shares then that could cause the Australian Sharemarket to take a dive too. Your points about the senate might eventuate too. Who knows what we will end up with exactly, I prefer to leave it as it is.
 
I think the most massive mistake that the liberals have made in this campaign is allowing the Labor Party to frame the dividend imputation issue as a taxpayer funded gift to people who don't pay tax.

Scomos explanations of the issue, whike technically accurate are not understandable to the broad bulk of the populace.

If in Australia we support that you have no double taxation, then this policy will be an absolute travesty and will cause low income retirees to pay a larger effective tax rate than those people on much higher incomes.

It is both unfair and hard hearted and while I cannot find myself supporting the liberals at this time, I hope they can pull a rabbit out of the Hat to hold those postmodern bolsheviks out of government.
 
As far as negative gearing is concerned I have never been a supporter of negative gearing in its current form. While I believe losses should be held over and set off against future profits, I have never been able to support the idea of an *intentional* trading loss against current income.

I don't know if labour has the right policies on this but I support that issue being addressed, along with other housing market issues such as security of tenure etc.
 
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