Australian (ASX) Stock Market Forum

Tony Abbott for PM

Some times I wonder why I read the crap on this forum.

The following link is about Tony Abbott's Chief of Staff.

http://www.thepowerindex.com.au/thepower50/peta-credlin

I am wondering when it became law that a politician has to appoint
people, who the voters think should have the job.
And while I am at it, what sex?

joea

Yeh I know what you mean

I often wonder why I add to it--"the crap"!
 
It hasn't been a good 24 hours for TA.

LEIGH SALES: I'm going on the facts that Marius Kloppers said today when he was directly asked if the decision on Olympic Dam was affected by Australia's tax situation and I'm going on the facts that are outlined in their results statement that they've issued. Have you actually read BHP's statements?

TONY ABBOTT: No, but I've also got again the statement of Jacques Nasser, who says, "While we're still evaluating the impact of the carbon tax, but it just makes it more difficult.
"

http://www.abc.net.au/7.30/content/2012/s3573785.htm

REPORTER: Why did you say on ABC last night that you said you hadn't ?

TONY ABBOTT: I was responding to something Leigh said about Marius Kloppers.


http://www.abc.net.au/7.30/content/2012/s3573785.htm]

The second link for the above should be,

http://www.abc.net.au/news/2012-08-23/abbott-now-says-he-did-read-bhp-statement/4217680
 
I can't believe Labor are still trying to run with this "Abott is sexist" line, there is nothing about him that points to that IMO. I actually really admire him. No, he is not without fault, but as politicians go he seems to be quite decent.

Miss Hale - I actually wonder of labor women have problems with powerful men such as Abbott...lol

Leigh Sales seemed in a very venomous mood last night trying to attack Abbott - maybe she is as sexist as Gillard, Roxon and Plibersek when it comes to men in power...:D:D
 
Miss Hale - I actually wonder of labor women have problems with powerful men such as Abbott...lol

Leigh Sales seemed in a very venomous mood last night trying to attack Abbott - maybe she is as sexist as Gillard, Roxon and Plibersek when it comes to men in power...:D:D
For the ABC, I suspect that they feel this is the last roll of the dice in order to save Labor, hence TA was put under the pump and was found wanting.

Him and his media advisors need to work out a way to deal with this more effectively so he doesn't come across like a fool.

None of this however will save Labor as they will still be judged on their own honesty, competency and integrity.
 
Maybe that would be a good theme to run "Labor women have trouble with men in power"
I see today Martin Ferguson was slapped down by Penny Wong and then Julia Gillard. Then there was Albenese bawling his eyes out when he knew he was going to be dragged up infront of Gillard for supporting Rudd.
If anyone here has a problem it is the Labor guys getting ###ch slapped around by the nasty element in labor.:D
The same ones that had trouble handling "Bob" because they didn't weild any power over him.LOL,LOL,LOL
 
He absolutely clearly replied "No", when asked by Sales if he had read Koppers' remarks.
Then, belatedly, he has apparently realised it was a pretty bad look to admit he hadn't read it before coming on national TV to talk about BHP, and has gone into damage control today to try to confuse the issue and suggest he was answering something that Sales didn't actually ask! Imo he has made the situation worse.
This is the sort of basic stuff up that a potential Prime Minister absolutely shouldn't be making.


Miss Hale - I actually wonder of labor women have problems with powerful men such as Abbott...lol

Leigh Sales seemed in a very venomous mood last night trying to attack Abbott - maybe she is as sexist as Gillard, Roxon and Plibersek when it comes to men in power...:D:D
She is only doing her job. Had she asked similar questions of Labor members, wouldn't you have been applauding her? I have never seen once any indication that Sales is at all sexist.

To suggest that any criticism of Tony Abbott is of a sexist foundation is as unfounded imo as all the allegations that the criticism of Julia Gillard is because she's a woman. Nonsense in both cases.

For the ABC, I suspect that they feel this is the last roll of the dice in order to save Labor, hence TA was put under the pump and was found wanting.
Perhaps, or perhaps rather that he had directly contradicted Marius Koppers' clearly stated reasons for the postponement of the project in saying it was in part due to the Carbon and Mining taxes, and he was therefore invited on to 7.30 to clarify such a remark.
Totally justified imo.

Him and his media advisors need to work out a way to deal with this more effectively so he doesn't come across like a fool.
Completely agree. More efforts like last night's will quickly have him earning even more dissatisfaction points.

You have to question if he can't even read a vital report from BHP's CEO before going on national TV, and get his answers to questions at least somewhat sounding reasonable, how on earth would he, as Prime Minister, handle a real crisis such as a terrorist attack on the country.
 
Perhaps, or perhaps rather that he had directly contradicted Marius Koppers' clearly stated reasons for the postponement of the project in saying it was in part due to the Carbon and Mining taxes, and he was therefore invited on to 7.30 to clarify such a remark.
Totally justified imo.
Mining tax in its present form no, but carbon tax yes.

These are long term projects and with the carbon tax intended to rise, it would have an increasing impact on the operating cost of the mine. From his perspective, there's no need for Marius Koppers to publically criticise the government. He can invest elsewhere if he chooses.

I don't disagree with Leigh Sales's questioning, but the ABC itself has been mis-representing the impact of the carbon tax.

https://www.aussiestockforums.com/f...t=23929&page=2&p=723972&viewfull=1#post723972

I hope the ABC is equally as hard on Julia Gillard when she is interviewed in future.
 
...She is only doing her job. Had she asked similar questions of Labor members, wouldn't you have been applauding her? I have never seen once any indication that Sales is at all sexist.

To suggest that any criticism of Tony Abbott is of a sexist foundation is as unfounded imo as all the allegations that the criticism of Julia Gillard is because she's a woman. Nonsense in both cases....


Julia, absolutely nonsense, totally agree. Just turning the tables on the nonsense dished up by the labor women that Abbott and the libs are sexist in their comments because Gillard is female. It has nothing to do with gender, imo.

I only attempting to point out the stupidity of of the sexist allegations coming from Gillard, Roxon and Plibersek and that any female attacking Abbott could, on the same basis, be accused of not being able to handle powerful men.

What's good for the goose is good for the gander...:cool:
 
I hear the buzzards are circling after this latest performance.

I wonder if the Fabian Phoenix will rise from the ashes?
 
Mining tax in its present form no, but carbon tax yes.

These are long term projects and with the carbon tax intended to rise, it would have an increasing impact on the operating cost of the mine. From his perspective, there's no need for Marius Koppers to publically criticise the government. He can invest elsewhere if he chooses.

I don't disagree with Leigh Sales's questioning, but the ABC itself has been mis-representing the impact of the carbon tax.

https://www.aussiestockforums.com/f...t=23929&page=2&p=723972&viewfull=1#post723972

I hope the ABC is equally as hard on Julia Gillard when she is interviewed in future.

I don't think she was hard on Abbott at all. The only reason it seemed that way was because of the way he squirmed so much. If he'd been able to say something (anything!) firm that wasn't criticism, that was justifiable and constructive, it would have been an interesting conversation. Instead:
- he was pulled up for blaming the BHP saga on the carbon tax
- he was pulled up for mislabelling asylum seekers as 'illegal'
- he was pulled up for not being able to state a single question for Gillard out of the 'myriad she has refused to answer'

The only reason it looked so bad was because he had nothing to say. Total shame, really. If anyone can give a single strong, persuasive or at least relevant answer or comment that he gave in that interview, I'd genuinely be surprised.
 
Just watched the interview and there’s no questioning that Leigh Sales was very aggressive towards Tony Abbott. I think it’s proper that politicians are forced to face difficult questions. I just hope Leigh Sales is as tough with Gillard if she ever interviews her.

As for Tony Abbott’s performance, it was very poor. He proved totally unable to go beyond the simple sloganing we have seen from him in the past.
 
Michelle Grattan states the obvious

"Is Abbott on thin ice? Absolutely"

Under tough questioning from presenter Leigh Sales about his insistence the carbon tax was a factor in the Olympic Dam decision, he said he hadn't read that day's BHP's statements.

Yesterday, he insisted he had in fact read its announcement, claiming he'd been referring to another issue when he had said ''no''. His explanation wasn't particularly convincing - he'd had an opportunity to correct himself on the program - but it was equally hard to believe that he didn't scan the press release.


Perhaps the surprising thing about Abbott is that he hasn't made more slips. He attempts to be so disciplined he sometimes looks like he's been coated with political formaldehyde. The preoccupation with discipline extends to the Abbott office's control over the frontbench. Some shadow ministers rail about the constraints they are under, with the leader's staff vetting and restricting their media engagements.


If trust is the Prime Minister's stand-out problem, Abbott's is credibility. Put simply, the man exaggerates.

Hence his discomfort under Sales' questioning about Olympic Dam, when the comment of BHP Billiton's Marius Kloppers on tax was put to him. Kloppers said the South Australian and federal governments and all the agencies ''that have worked with us to make this a reality have been absolutely wonderful partners to have''. Asked whether the issue of tax had come into the judgment to hold back, he said the decision was almost wholly associated with capital costs - the tax environment for this project hadn't changed (the mining tax doesn't cover the minerals at Olympic).

Read more: http://www.smh.com.au/opinion/polit...-absolutely-20120823-24oyz.html#ixzz24PZ0NkO2
 
Abbott is the only one with the guts to stand up to Gillard and her gang. it would appear Kloppers is scared of the vindictiveness of the government. Apparently he is scared to blame the taxes when he is on Australian soil, but has no trouble telling the truth when overseas. I think all businesses saw how nasty this lot can be, by the way they threatened Telstra.

http://www.smh.com.au/business/taxes-a-drag-on-coal-kloppers-warns-investors-20120823-24oyp.html

I wonder if the government will be quoting Kloppers today, what a joke. The SMH and reporters were all over Abbott yesterday, today he's proved correct, again.:D
 
Investor sentiment is an interesting point, but unfortunately nothing to do with Olympic Dam... Olympic Dam profitability is completely independent of carbon tax.
(apparently). :banghead: .
He reference was to governments policies more broadly and not soley on the carbon tax. He would have been much better off pursuing this rationale from the outset.

A question with the carbon tax specifically is at the operating level as it rises. Mines obviously need energy to operate.

He just keeps insisting that the carbon tax had made 'good projects marginal'.

The broader issue of trust in relation to the current government was also raised. This is also an important point in the context of a government that was initially going to apply the original RSPT more broadly, broke a pre-election comittment on a carbon tax and on a corporate tax cut.
 
Investor sentiment is an interesting point, but unfortunately nothing to do with Olympic Dam... Olympic Dam profitability is completely independent of carbon tax (apparently). :banghead: He just keeps insisting that the carbon tax had made 'good projects marginal'.

Kloppers disagrees with you. Seems that Abbott was right and Leigh Sales got it wrong:

BHP Billiton head Marius Kloppers has told European investors that Australia's carbon and mining taxes have helped to render the nation's coal industry unworthy of further investment at this time.

Despite reassuring Australians that the taxes were not to blame for BHP's mothballing of the $US30 billion Olympic Dam expansion, Mr Kloppers referred to both when telling British media that new investments in Australia's coal sector would not be profitable.

Read more from the age: Taxes a drag on coal, Kloppers warns investors
 
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