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Australian Federal Election - 2019

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SirRumpole said:
Unemployment up and growth forecast down.
Great economic managers these Libs. :rolleyes:
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Yeah!
What about house prices then?
Oooooooooooopsie....... my bad.
Thanks Scomo :thumbsdown:.
All the better to negatively gear on the cheap.
Thanks Scomo :xyxthumbs.
 
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Labor's big spend. Big debt.
Are they saying that they wouldn't have done the same thing responding to the GFC? Really? Australia was one of the very very few countries that avoided a recession with that Keynesian policy in response to Wall St's/US governments incompetece/negligence in sparking the financial meltdown. China did what we did, spent big, which helped us as well. While people in the US were losing their houses to the repossession banker swill, and many committing suicide, australia avoided that 'inconvenient" collateral damage.
Plus+
We've been dancing along the precipice of deflation for the last 6 years. What have these great economic managers (the libcons) done about that? We're about to slip into the abyss like japan did. They are still in economic stagnation after 20 years.
Think again
Vote labor for a strong economy.
 
sileverback said:
Boat people or Rwandan genociders ?
" Geez, fair go! Not the boat people, the queue jumpers. I'll take the Rwandan killers every day !!!"
overheard in a conversation between Scomo, Abbott, Dutton and Howard
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But they were only allegations, not facts.
And...they were not terrorists. Instead, they were just misguided murderers.
Also, they never posed a threat to American society and never will...now.
Plus, we only had to take a few murderers while the Americans now have to look after hundreds of psychologically damaged women and children.
Anyway, if they cause any trouble we can probably claim they were undocumented Maoris and repatriate them across the ditch.
All good ;).
 
Scrap negative gearing for the boomer investors. Switch the negative gearing to 1st home buyers, the generation that has been so poorly catered for by the 'selfish' generation
 
rederob said:
But they were only allegations, not facts.
And...they were not terrorists. Instead, they were just misguided murderers.
Also, they never posed a threat to American society and never will...now.
Plus, we only had to take a few murderers while the Americans now have to look after hundreds of psychologically damaged women and children.
Anyway, if they cause any trouble we can probably claim they were undocumented Maoris and repatriate them across the ditch.
All good ;).
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You're entitled to believe the americans that they exhaustively vetted these people. Like our leaders did in for the WMD Iraq war.
 
Just got the usual email from Centre Alliance....Sharkie's first goal in the next parliament is to have Federal Corruption Watchdog....if only
 
SirRumpole said:
How many people do you think the franking credit changes will force onto "welfare" ?
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Well there is four I know personally, that have either reduced their capital or are reducing their capital to get the part pension, they are of pension age.
I don't think it will force people onto welfare, I think people will chose to go the welfare route, as has been proven in the past when they had to tighten access to disability pensions.
Why would a person in the accumulation phase add to their super balance, when they can achieve a financially better outcome, by not adding to their super balance?
 
sileverback said:
Labor's big spend. Big debt.
Are they saying that they wouldn't have done the same thing responding to the GFC? Really? Australia was one of the very very few countries that avoided a recession with that Keynesian policy in response to Wall St's/US governments incompetece/negligence in sparking the financial meltdown. China did what we did, spent big, which helped us as well. While people in the US were losing their houses to the repossession banker swill, and many committing suicide, australia avoided that 'inconvenient" collateral damage.
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In the U.S people were walking away from negative equity houses, just handing in the keys, as the loan is against the house not the person. The opposite is the case in Australia.
 
My gut feeling is a big swing to Labor, we haven't had a recession for 20 years and the younger people think times are tough, so will vote against the Government.
 
sileverback said:
Scrap negative gearing for the boomer investors. Switch the negative gearing to 1st home buyers, the generation that has been so poorly catered for by the 'selfish' generation
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What? If you are going to scrap negative gearing for "boomer investors" wouldn't you do that for ALL investors? Or are we just going to pick on older people? And don't forget, any rules in place now is available to ALL people in Australia, young and older, so if you wish to use them you can. There is nothing stopping any Australian utilising the laws that are in place, same rules for all players, that's fair.
 
sileverback said:
Scrap negative gearing for the boomer investors. Switch the negative gearing to 1st home buyers, the generation that has been so poorly catered for by the 'selfish' generation
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First home buyers can negatively gear if it's a new home.
However, older homes are likely to be more affordable, and there won't be the "selfish" generation out there competing for them as investments if Labor's proposal gets up, because they won't be "gearable".
 
Anyone know if Labor is going to treat "knock down and rebuild" as a new or existing premise for NG purposes ?
 
OK, my last post on the election. I just hope, more than anything including my franking credits that above all Tony Abbott looses Warringah. After living in that electorate for 30 years and seeing him in person a few times, I will be the happiest guy on Saturday night once this clown is gorn! May you all have a happy election day.:)
 
sileverback said:
Scrap negative gearing for the boomer investors. Switch the negative gearing to 1st home buyers, the generation that has been so poorly catered for by the 'selfish' generation
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Whilst I can see definite problems with negative gearing as a concept in multiple ways, there's absolutely nothing standing in the way of any adult doing it right now.

There's no law saying someone needs to remember the 1950's in order to negatively gear. Someone could have been born in the year 2000 and be doing it right now.
 
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