To those who are distraught about the stand taken by the Murdoch media, maybe try to remember that it's a private company which is absolutely entitled to publish whatever it likes.
Rupert Murdoch seems to have decided, along with many, many Australians and people outside of Australia, that the Labor government has set this great country back hugely, and as a result they are pretty obviously going to campaign hard for a change. Ditto other private organisations like 2GB et al.
That's their right. If people don't want to read or hear what they're offering, then they simply won't buy their papers or listen to their radio stations.
It's a whole different situation from the taxpayer funded ABC which is still allowed to get away with outrageously biased presentations in some of its outlets.
I
I watched Kim Carr being interviewed on Sky News and he mentioned...........THE FUTURE 10 times and ........WHERE IS THE MONEY COMING FROM........ 5 times in about 6 minutes flat.
There are going to be a few phrases, probably on both sides, which will drive us nuts.
The one that's already getting to me is "because it's the right thing to do". Grr!
I'm yet to hear either party mention the fact that Howard and Rudd pretty much gave away all the ToT boom in tax cuts and increases in middle class welfare. So little of it was actually put towards increasing the productivity and efficiency of the country.
Now the ToT has turned negative, real income growth has stalled and soon to turn negative, real GDP growth has stalled and will start to turn negative, per capita GDP growth has been negative for at least the last few qtrs, where does the money come from? There wont be another private sector debt binge producing 8% annual growth in GST revenue and historically high business tax and CGT. We're already at historical highs of 150%+ of debt to income. Australia has barely deleveraged since the GFC.
How about cutting $20B of wasteful spending and pump that into infrastructure that will generate some economic returns for the country, maybe even gearing up that money to really start whittling away at the infrastructure deficit we have. Borrowing money to build an asset that is designed to pay itself off should be welcomed.
Why can't we have public toll roads designed to break even over a 30 year period, instead of the 20% rates of return the private sector needs?
Considering the mining investment cliff will cut around 2% pa off GDP for the next 3 years I'd say the engineering firms are probably pretty desperate about now, so the Govt should in theory be able to get pretty keen pricing for any construction work under taken.
Too big a spike in unemployment and underemployment and I fear the near 300% of private debt to GDP will become difficult to service. How that plays out for a country with a nation of negatively geared landlords I don't know, but I can't see it being good for house prices, though it may be beneficial to first home buyers if they're luck enough to be employed.
Well I'm glad the election is to be sooner rather than later but am baffled as to why Rudd has chosen 7th SeptemberIf he was going to change the date it would have been better to move it to either before or after the footy finals
Rudd selected the 7th September so he could strut around the G20 meeting on the 5/6th September in Russia to big note himself with world leaders. That is why he selected the 7th. I am sure he would liked to have gone earlier while his popularity was high but Rudd is like a peacock who likes to show off his feathers and that may well be his undoing.
He could have waited until as late as 21th September but by then his popularity would have dwindled even more.
Surely he is not going to be at the G20 meeting on the other side of the world the two days before the election leaving the field clear for Abbott to do all the last minute baby kissing, that would be political suicide!
What about the month of October, or November or December etc. etc. Believe me, having an election during footy finals in Victoria is annoying a lot of people.
I would like to see all voters read the comments made by Henry Ergas and Judith Sloan about Kevin Rudd who once said he was a fiscal conservative. Read this before voting.
I received a cartoon today showing two tailban line up Kevin Rudd in the cross hairs of their rifle. One called to the other............"Stop wait!!!!!!!!!!.....This indifel is of use to us....... He is destroying their democracy and economy for us".
Can we really afford another 3 years of hard labour (Labor).
http://www.theaustralian.com.au/nat...&utm_content=cost+of+kev&utm_campaign=hppromo
Then he should have acted sooner and had it in August or just left it at the 14th of September. Just seems weird to bring it forward a week
Agree 100% and on top of it they are talking about another heap of spending on out of school care.
That will help with the babysitting, while couples are working, to pay stupid prices for houses.
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