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PZ99 said:
Agreed. Credit where credit's due in the finances. AFAIK, NSW is the only state in the country with zero debt. While this can be attributed to large stamp duty and GST revenue it's the controlled spending that allowed such large surpluses to happen.. something for other Govts to aspire to ;)
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It's easy to have zero debt when you suck it out of the other States.
Like 70% of WA's GST ... :mad:
Doesn't leave much leeway "for other Govts" to do the same, does it. :rolleyes:
 
Tisme said:
Bega Cheese has acquired Vegemite in a $460 million deal announced this morning.
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Crikey, bringing it back for the country? Man, they are going to have to sell a lot of it to re coupe that $460 Million.....
 
pixel said:
It's easy to have zero debt when you suck it out of the other States.
Like 70% of WA's GST ... :mad:
Doesn't leave much leeway "for other Govts" to do the same, does it. :rolleyes:
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QLD, SA, TAS, ACT and NT all get more cents in the dollar than NSW on a per-capita basis.
NSW gets 98c... we're clean :p

My last CTP was $700. Rego $500. How much was yours?
 
Interesting article.

Millennials urged to consider share market investment over home ownership

Investment advisers say a record number of young people are entering the share market and evidence suggests there are plenty more to come.

And despite the volatility, Urbis chief economist Nicki Hutley thinks they should actually be investing more in the share market.

http://www.abc.net.au/news/2017-01-...nsider-investing-in-shares-not-houses/8192008
 
pixel said:
It's easy to have zero debt when you suck it out of the other States.
Like 70% of WA's GST ... :mad:
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WA might be disadvantaged by the system now but for most of Australia's history the state has been a net beneficiary of assistance from others.
 
pixel said:
It's easy to have zero debt when you suck it out of the other States.
Like 70% of WA's GST ... :mad:
Doesn't leave much leeway "for other Govts" to do the same, does it. :rolleyes:
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That old chestnut.

Fiscal equalisation still didn't stop WA pocketing $7bn in 2014/15 that should have been distributed to the nation. Barnett has used that 30% in typical sandgroper style of a them and us wedge to make himself popular. He is the one that put the bite on BHP and RIO when Gillard was about the mining tax in a deliberate move to skew the grants amount, but it all came unstuck when the ore prices plunged and the mining tax withdrawn.

Barnett took the gamble that whatever money he drained out of the miners, the commonwealth would reimburse the miners via the mining tax. in that way skirting the equalisation grants formula. Prior to him wiping out concessions and raising the royalty take, the royalties were less than $3bn (10% of its annual income).... big fail.
 
According to South Korea, North Korea has two ICBM's on mobile launch pads and readying for a launch.
 
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I heard there were going to be a fireworks display.
Korea look like they are a big fan of Trumps, who needs
Beyoncé, etal. No expense spared here!
 
Dreadful crisis in the Melbourne CBD when a motorist runs people down in the Bourke St Mall.
LIVE
Live: CBD horror, three dead, 20 injured as car knocks down pedestrians



Shots have reportedly been fired and pedestrians have been run down during a police chase in Bourke Street in the middle of Melbourne's CBD.
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One of the fatal s was a baby in a pram. The offender arrested at the scene. Arose from a domestic dispute where he seriously injured his Brother at 2am this morning.
 
explod said:
One of the fatal s was a baby in a pram. The offender arrested at the scene. Arose from a domestic dispute where he seriously injured his Brother at 2am this morning.
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I don't understand why someone would take out random innocent people over a domestic dispute. At least they got him I suppose.
 
ThingyMajiggy said:
I don't understand why someone would take out random innocent people over a domestic dispute. At least they got him I suppose.
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Usually Amphetamines/Ice are involved. His domestic dispute I would bet did not occur in the ordinary meaning of domesticity.
Either high or withdrawing or craving. Life meaning life imprisonment should be the punishment.

gg
 
explod said:
One of the fatal s was a baby in a pram.
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A truly terrible incident.

First heard about it on radio this afternoon when details were limited and they just did a non-scheduled news announcement saying there had been an incident in Melbourne with around 20 people run over and more info was to follow when available. My first thought was that a tram or heavy road vehicle had lost its brakes or something like that.

It makes me feel sick now that I know it was deliberately done.
 
Smurf1976 said:
A truly terrible incident.

First heard about it on radio this afternoon when details were limited and they just did a non-scheduled news announcement saying there had been an incident in Melbourne with around 20 people run over and more info was to follow when available. My first thought was that a tram or heavy road vehicle had lost its brakes or something like that.

It makes me feel sick now that I know it was deliberately done.
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Dimitrious “Jimmy” Gargasoulas ... got God on his side ... Greek ancestyr with Islamic Kurdish leanings rumoured
 
X Factor has been given the flick! yeh
now let's hope The Block, et al go the same way.
 

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