Australian (ASX) Stock Market Forum

Australian Federal Election - 2019

I must admit I'm shocked, I expected the younger generation who the media portray as being angry at the baby boomers, to flock toward Labor.
Maybe there is such a thing as false news.:2twocents
 
Labor abandoned it's traditional base. Bob Hawke's sad passing was a reminder.

Daryl Van Horne and the Witches of Eastwick won't be missed on the government benches.
 
It will be difficult to sell big ideas in the future unless it's totally apparent that there are no losers as there always will be (unless the losers are corporations who don't vote).
Maybe you nailed it, in the first sentance, hard to run a campaign of being fair, when you obviously aren't.
It probably left a lot wondering if they would be next in the firing line, as Bowen said if you don't like it don't vote for us, maybe a lot saw that as a warning.
 
Laura Tingle aged 10 years in 6 hours.

Can't wait to watch Insiders in the morning.

Well done ScoMo. A miracle indeed.

Australia rejected fairness for a child actor without any policies who will need lots of miracles :)

Enjoy your moment as I am sure you will.

God help Australians the child actor wont.
 
Great outcome. I really hope the Government sorts out the welfare bill the country has.

There is 30-40 Billion per annum in savings I feel. Lots of jobs around.

Bowen stuffed it up for Labor.


By far the largest part of the welfare bill goes to seniors maybe taking your advice we will see more older women on the streets.

Coalition will still need the $40 bil as their policies are unfunded fairness wont be a factor where that comes from.
 
The Crows lost,but Sharkie got up!
I thought the Brisbane Bears won yesterday, but I was corrected.
Apparently they are now the Brisbane Lie-ons.
I don't get it.
When did Queensland catch up with the rest of civilisation :speechless:?

(note to footy commentators: not Brisbane Lines - they're not a bus company!)
 
By far the largest part of the welfare bill goes to seniors maybe taking your advice we will see more older women on the streets.

Coalition will still need the $40 bil as their policies are unfunded fairness wont be a factor where that comes from.

no it doesnt, goes to males who wont work and then wiggle there way onto DSP (long term bludgers)

its their right though yeah
 
I'm certainly disappointed, but still fascinated by the demographics of it all.

The "young" who think themselves so "switched on" that they know better than anyone else seem not to have been a factor in this election, but maybe pre polling votes will tell a different story.

Offend the "grey warriors" at your peril it seems, even though Labor took pains to exempt pensioners and part pensioners from their franking credit reforms.

Those trying to get into the housing market also didn't rise up for Labor as expected, I wonder why.

Anyway I'm sure that there will be a lot of post mortems around in the Labor ranks. (I'm not a Labor Party member btw).
It will be difficult to sell big ideas in the future unless it's totally apparent that there are no losers as there always will be (unless the losers are corporations who don't vote).
News Corporation votes.
 
Labor certainly need to appeal to a greater slice of the electorate than they do now. They need more small business people, professionals and middle class aspirationals in their ranks not just ex union leaders.

The problem with Labor is that they've got a lot in common with that employee in a big corporation or government department who seems to do everything other than the job for which they are employed.

Looking at Labor's policies and listening to Bill's speech last night, some observations as follows.

In writing this I'm trying to capture "why a lot of people didn't vote Labor" not "why Smurf voted for someone other than the two major parties" and there's obviously a difference there. :)

Schools, hospitals etc - been hearing that for decades now and quite frankly don't believe a word of it until it happens. It won't influence my vote since whichever party promises something, they usually find a way to wriggle out of it. Believe it when I see it, yeah whatever, next issue please......

Aboriginals, gays, immigrants and other minorities - well I'm extremely sympathetic to the cause and firmly on the "progressive" side there but what exactly is needing doing? What's the issue here? There are problems in remote Aboriginal communities yes but that has been the case forever and no government yet has managed to fix them so it's not a reason to vote one way or the other. As for the gays and immigrants, well what are the Liberals doing to them that's bad? The marriage issue was sorted and there's a hell of a lot of immigrants coming in so sorry Bill but I'm not seeing the issue here. This all sounds like someone trying to pad out their resume by continuing to fight yesterday's war, they're not core issues facing the Australian people at the present time.

Self-funded retirees - now there's the one minority group that the average mainstream person has a chance of becoming part of and which many hope to do so. Given they're saving money on welfare and that successive governments of both persuasions have encouraged this approach for a third of a century, attacking this group was a truly bizarre idea especially given the included free kick for high income earners.

The worker - ah yes, the workers? Remember them Labor? You know, those people who get up every morning and go and work for whoever to get paid? The people the party was established to represent? The ones you seem to have completely forgotten about to the point that the Liberals seem a more natural choice even for blue collar workers these days and most certainly so for professionals. The workers who want government to do something about wages, the cost of living, availability of employment and so on and only after that's sorted do you have time to be worrying about all the other social stuff.

Unions - perhaps have a chat to these guys? Shouldn't be too hard to get a meeting going. They'll tell plenty about the workers but if you go and talk to the traditional blue collar unions, so construction, trades and so on, they'll tell you about something else they're worried about too and that's an issue known as "men's mental health". It's quite an issue you see, and one being ignored by politicians but if anyone's looking for a great big social justice issue well then there it is. :2twocents
 
And you were the one saying I was going to bent over a log, I can understand your disappointment, nasty to the core following in king Billys footsteps.
Not really disappointed if they introduced a flat 30% up to 200k

You can call me Mr Nasty
 
The problem with Labor is that they've got a lot in common with that employee in a big corporation or government department who seems to do everything other than the job for which they are employed.

Looking at Labor's policies and listening to Bill's speech last night, some observations as follows.

In writing this I'm trying to capture "why a lot of people didn't vote Labor" not "why Smurf voted for someone other than the two major parties" and there's obviously a difference there. :)

Schools, hospitals etc - been hearing that for decades now and quite frankly don't believe a word of it until it happens. It won't influence my vote since whichever party promises something, they usually find a way to wriggle out of it. Believe it when I see it, yeah whatever, next issue please......

Aboriginals, gays, immigrants and other minorities - well I'm extremely sympathetic to the cause and firmly on the "progressive" side there but what exactly is needing doing? What's the issue here? There are problems in remote Aboriginal communities yes but that has been the case forever and no government yet has managed to fix them so it's not a reason to vote one way or the other. As for the gays and immigrants, well what are the Liberals doing to them that's bad? The marriage issue was sorted and there's a hell of a lot of immigrants coming in so sorry Bill but I'm not seeing the issue here. This all sounds like someone trying to pad out their resume by continuing to fight yesterday's war, they're not core issues facing the Australian people at the present time.

Self-funded retirees - now there's the one minority group that the average mainstream person has a chance of becoming part of and which many hope to do so. Given they're saving money on welfare and that successive governments of both persuasions have encouraged this approach for a third of a century, attacking this group was a truly bizarre idea especially given the included free kick for high income earners.

The worker - ah yes, the workers? Remember them Labor? You know, those people who get up every morning and go and work for whoever to get paid? The people the party was established to represent? The ones you seem to have completely forgotten about to the point that the Liberals seem a more natural choice even for blue collar workers these days and most certainly so for professionals. The workers who want government to do something about wages, the cost of living, availability of employment and so on and only after that's sorted do you have time to be worrying about all the other social stuff.

Unions - perhaps have a chat to these guys? Shouldn't be too hard to get a meeting going. They'll tell plenty about the workers but if you go and talk to the traditional blue collar unions, so construction, trades and so on, they'll tell you about something else they're worried about too and that's an issue known as "men's mental health". It's quite an issue you see, and one being ignored by politicians but if anyone's looking for a great big social justice issue well then there it is. :2twocents

Bill Shorten’s Union is usually the one to sign the crap deal before the construction unions get on site
 
Yep, pity Labor did not use some sort of means test to decide who was eligible and who wasn't.
Over the next few days Shorten would be having meetings with Morrison regarding the handover of government if Labor had listened and approached this one properly.

It has been said on this forum and it has been said of plenty of other places as well. Sharp tools Bill, not blunt hammers, you need sharp tools!

Stop the rorts sure. Just don't hurt the small time investor who earned their money working in an ordinary job in the process.

The "go and vote for someone else" comment cost them the election in my view. It would have been incredibly arrogant if the government had said that, unbelievably so coming from the opposition.

Rule 101 that the unions could have told him - regardless of whether or not you're going to do anything about someone's concerns, don't ignore what's being said and sure as hell don't shrug them off like that. :2twocents
 
It probably left a lot wondering if they would be next in the firing line, as Bowen said if you don't like it don't vote for us, maybe a lot saw that as a warning.
One thing that unions are always terrified of in any dispute over pay and conditions is that one worker or a small group does some sort of deal with management of their own accord. Once that happens, the remaining group is weakened and from there on it's just a "rinse and repeat" strategy of breaking off another group one at at time until those standing with the union are inconsequential. Quite literally divide and conquer.

It wasn't hard to see that's what Labor was doing with this policy so it wasn't hard to draw the conclusion that some other group, whoever, would be next and given the choice of target was somewhat obscure the same could well have applied next time around. A tax on red cars or black socks but not on any other colour sort of approach that makes no rational sense.
 
I must admit I'm shocked, I expected the younger generation who the media portray as being angry at the baby boomers, to flock toward Labor.
Maybe there is such a thing as false news.:2twocents
I didn't see that coming either. I thought labor for sure given the labor cheerleaders
Polls, News were oh so wrong.

Labor supporters are now out in force blaming scare campaigns and other bs covers.
The truth is they were taking something from to many taxpayers and seen to be rewarding bludgers.
BS was not leader material.
Labors front bench were older 'identity politics' rejects.
Hope they stick plebersek as leader and lose the next one as well.

Labor was not just beaten but smashed compared to expectations.

"Rejected fairness" my arse. Wasn't it the inner city leftists who voted labor. Workers abandoned labor in droves and for good reason.
 
Outcome of the election aside, there's a desperate need to get on with the job and start fixing our nation's infrastructure.

I won't dwell on the point and take the thread off topic but as the PM was claiming victory last night, Unit 1 at Yallourn power station shut down. 22 hours earlier Unit 2 at Loy Yang A failed suddenly. Both are in Victoria.

Critical infrastructure, particularly energy, is in far worse shape than the general public realises and I mean that in a purely technical sense but I acknowledge the economic and environmental issues there as well.

Nothing more to say really but another 3 years of inaction is the last thing we need so it's my hope that regardless of the details of who forms government, the decade long deadlock over the issue can finally be resolved.

I'd have posted the same regardless of who won by the way. I just see the interesting coincidence - the PM's on stage claiming victory at the very same time key infrastructure's coming to a halt. Hopefully that's not an omen..... :2twocents
 
Top