Australian (ASX) Stock Market Forum

Australian Politics General...

The Teals remind me of The Nuclear Disarmament Party, but stupider. All hot air with no capability or will.

But in the case of the Teals, climate action is for "other people".
True, but they are an alternative to even more stupid people.
 
Fossil fuels may be an election issue, but if diesel, petrol, gas and electricity prices keep rising, the economics of it start to play on peoples minds.
There was pretty serious momentum to address that one 1989-90.

Then came the recession and change of PM and basically not another word was said about it for quite some years. :2twocents
 
Well I have a feeling that the teals will be there for a while. Not much chance of winning government if the Libs can't knock them off. It's apparent that the Coalition's penchant for fossil fuels is electoral poison , and nuclear is not a viable option either in the teal seats.
The proof of the pudding will be the results produced.
As yet the teals greens and Labors renewable promises havent been tested.
There is a huge difference beteeen promising something and delivering it.
I hope they do, but the first cab off the rank, the $250 per year reduction in household power costs is looking shaky.
 
I think that is by 2025 so they have some time. They can't really afford not to act on reducing power prices, otherwise the economy will go to pot.
Now we have the social housing commitment for 1m new houses, again Labor is starting to make commitments that set themselves a high bar.
How they are going to fund all this and bring down the debt, without incentivising the projects, which then opens them up to being rorted, it could end up in tears a sense of over promising and under delivering is starting to creep in IMO.
 
Now we have the social housing commitment for 1m new houses, again Labor is starting to make commitments that set themselves a high bar.
How they are going to fund all this and bring down the debt, without incentivising the projects, which then opens them up to being rorted, it could end up in tears a sense of over promising and under delivering is starting to creep in IMO.

Yes , interesting times ahead.

They are going to have to put up taxes on someone, most likely the ones they can most afford to offend. The gas and coal companies seem likely candidates. ;)
 
Yes , interesting times ahead.

They are going to have to put up taxes on someone, most likely the ones they can most afford to offend. The gas and coal companies seem likely candidates. ;)
Well I think they are going to have to talk the states into re starting the State housing commissions and start building social housing, or they will have too many crosses to bear at the next election.
Way too many blue sky policies, with too many hurdles in the way to achieve them.
 
Well I think they are going to have to talk the states into re starting the State housing commissions and start building social housing, or they will have too many crosses to bear at the next election.
Way too many blue sky policies, with too many hurdles in the way to achieve them.
Yes , I heard that the States were originally going to pay half the NDIS but they wriggled their way out of it.
 
Yes , I heard that the States were originally going to pay half the NDIS but they wriggled their way out of it.
Yes, Albo needs to focus on an achievable goal, in a tight economy.
The social housing ticks the boxes, compassionate, share the costs with the States and doesnt step on big busineses toes. It also covers adding jobs and apprenticeships.
Win all round at minimal cost.
 
Yes , I heard that the States were originally going to pay half the NDIS but they wriggled their way out of it.
NDIS is going to be an endless vacuum cleaner of money.
According to NDIS , as of August 22, there were a tad over half a million Australians getting some level of support from NDIS.
They added 100k people since April 2021
However, that is not the end of it, they are adding more people all the time, and if you look at some of the statistics, there will be at least a doubling of those numbers.
According to Disability resources
  • Over 4.4 million people in Australia have some form of disability. That’s 1 in 5 people.
  • 17.8% of females and 17.6% of males in Australia have disability.
  • The likelihood of living with disability increases with age. 2 in 5 people with disability are 65 years or older.
  • Of all people with disability, 1.9 million are aged 65 and over, representing almost half (44.5%) of all people with disability. This reflects both an ageing population and increasing life expectancy of Australians.
  • 2.1 million Australians of working age (15-64 years) have disability.
  • 35.9% of Australia’s 8.9 million households include a person with disability. [1]
  • Only 4.4% of people with a disability in Australia use a wheelchair. [1]
  • 1 in 6 Australians are affected by hearing loss. There are approximately 30,000 Deaf Auslan users with total hearing loss [2].
  • Vision Australia estimates there are currently 357,000 people in Australia who are blind or have low vision. They project that the number of Australians who are blind or have low vision will grow to 564,000 by 2030. (Refractive error not included). [3]
  • 45% of Australians aged 16–85 years, experience a mental health condition during their lifetime. [4]
  • 3 million Australians live with depression or anxiety. [4]
  • Research shows job or financial loss can increase a person’s risk of health problems, such as depression and anxiety. [5]
  • Over three-quarters (76.8%) of people with disability reported a physical disorder as their main condition. The most common physical disorder was musculoskeletal disorder (29.6%) including arthritis and related disorders (12.7%) and back problems (12.6%).
  • There are 2.1 million Australians of working age with disability. Of these, just under half were employed (47.8%), compared with 80.3% of people without disability.
So 2.1 million people of working age will need some level of NDIS support.
Given that the working age is anywhere between 16 to 64, there are around 16 million people in that grouping, 15% of whom will have some sort of disability.
Those people of working age who actually work are having some big burdens to support from apart from the NDIS.
Theres health, defence, education, the legal system, security, foreign relations, transport infrastructure, all three levels of government.
No wonder people are opting out of working.
Mick
 
NDIS is going to be an endless vacuum cleaner of money.
According to NDIS , as of August 22, there were a tad over half a million Australians getting some level of support from NDIS.
They added 100k people since April 2021
However, that is not the end of it, they are adding more people all the time, and if you look at some of the statistics, there will be at least a doubling of those numbers.
According to Disability resources
  • Over 4.4 million people in Australia have some form of disability. That’s 1 in 5 people.
  • 17.8% of females and 17.6% of males in Australia have disability.
  • The likelihood of living with disability increases with age. 2 in 5 people with disability are 65 years or older.
  • Of all people with disability, 1.9 million are aged 65 and over, representing almost half (44.5%) of all people with disability. This reflects both an ageing population and increasing life expectancy of Australians.
  • 2.1 million Australians of working age (15-64 years) have disability.
  • 35.9% of Australia’s 8.9 million households include a person with disability. [1]
  • Only 4.4% of people with a disability in Australia use a wheelchair. [1]
  • 1 in 6 Australians are affected by hearing loss. There are approximately 30,000 Deaf Auslan users with total hearing loss [2].
  • Vision Australia estimates there are currently 357,000 people in Australia who are blind or have low vision. They project that the number of Australians who are blind or have low vision will grow to 564,000 by 2030. (Refractive error not included). [3]
  • 45% of Australians aged 16–85 years, experience a mental health condition during their lifetime. [4]
  • 3 million Australians live with depression or anxiety. [4]
  • Research shows job or financial loss can increase a person’s risk of health problems, such as depression and anxiety. [5]
  • Over three-quarters (76.8%) of people with disability reported a physical disorder as their main condition. The most common physical disorder was musculoskeletal disorder (29.6%) including arthritis and related disorders (12.7%) and back problems (12.6%).
  • There are 2.1 million Australians of working age with disability. Of these, just under half were employed (47.8%), compared with 80.3% of people without disability.
So 2.1 million people of working age will need some level of NDIS support.
Given that the working age is anywhere between 16 to 64, there are around 16 million people in that grouping, 15% of whom will have some sort of disability.
Those people of working age who actually work are having some big burdens to support from apart from the NDIS.
Theres health, defence, education, the legal system, security, foreign relations, transport infrastructure, all three levels of government.
No wonder people are opting out of working.
Mick


NDIS is not currently means tested. I wonder why not, everything else is. (Oh sorry, franking credit rebates aren't either).
 
I said a long time ago NDIS was the elephant in the room, not the age pension, Labor are the only ones who can reign it in, the Libs get bagged for attacking those who can least afford it.
Shorten is just the guy to sort it out and it does need sorting out, the over charging for basic services is outrageous and needs to be clamped down on.
 
IMO Turnbull showing exactly why he wasn't suitable to be the leader, he was a " my way or the highway" leader.
As the article says, he clashed with those who said nuclear needs to be considered, if we are to achieve net Zero everything has to be considered IMO.
20 years ago no one would have considered a battery operated drill let alone a battery operated car, to say any technology is off the agenda is Neanderthal and just dumb $hit IMO.
The guy is a goose IMO. You either want clean energy or you are sabotaging the path to get there
 
Last edited:
Just when I thought Tony Abott could not come with any more dumb ideas. according to the Evil Murdoch Empire
Former prime minister Tony Abbott has called for a return of compulsory national service, saying school-leavers should be forced to spend up to 12 months giving back to their country.
Speaking to the Institute of Public Affairs’ Heartland podcast, Mr Abbott said 18-year-olds should be expected to volunteer for a “significant” period of time in the community in a bid to improve social cohesion.

He said governments had an obligation to take care of the Australian public, but it should also be a “two-way street”.
“We constantly talk about rights,” Mr Abbott said.

“We constantly talk about what we’re going to do for people. Yes, we have rights and the government has certain obligations to us, which it should do. It’s best to discharge, but this is a two-way street.

“It’s about giving as well as receiving and I think we do have to talk more about what we can give back to our country.”
yeah , compulsory National service.
Worked so well last time, so many of my nasho contemporaries completely screwed by their nasho experience in Vietnam.
Moron.
Mick
 
Just when I thought Tony Abott could not come with any more dumb ideas. according to the Evil Murdoch Empire

yeah , compulsory National service.
Worked so well last time, so many of my nasho contemporaries completely screwed by their nasho experience in Vietnam.
Moron.
Mick

Tony's career seems remarkably vacant of any National Service whatsoever. :roflmao:
 
Tony's career seems remarkably vacant of any National Service whatsoever. :roflmao:
I would have to disagree with that part.
He has worked as a volunteer for many years both as lifesaver and as a member of the local fire services volunteers, but does not allow him to get away with demanding national Service for others.
Mick
 
I would have to disagree with that part.
He has worked as a volunteer for many years both as lifesaver and as a member of the local fire services volunteers, but does not allow him to get away with demanding national Service for others.
Mick
Fair enough. I thought he was working for the Brits these days anyway.
 
Just when I thought Tony Abott could not come with any more dumb ideas. according to the Evil Murdoch Empire

yeah , compulsory National service.
Worked so well last time, so many of my nasho contemporaries completely screwed by their nasho experience in Vietnam.
Moron.
Mick
I think if it were for defence of the country only (no overseas deployment). Then it might be inevitable one day.
 
If people feel the need to defend their country, they can join the army.
What is not ok one group of people demanding that another group should be forced into it, especially when those who who will be least affected by the demand do the most demanding.
Mick
 
Top