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PM's $4bn deal to save 50,000 jobs

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shaunQ said:
I disagree, most are just complaining about Rudd personally, saying he's out of depth, Labor debts etc etc blah blah. I only saw 2 posts I think that offered any sort of objective alternative solution.

No doubt there are other ideas. All with their opponents as well. He will obviously focus the money on his support base, first the public base with the stimulus, now I presume he's industrial base. Essentially, that was what he was elected to do. Just as Liberal was elected to do the opposite.

Roads, Hospitals, Schools, Water infrastructure don't get built overnight. It is completing existing projects that will otherwise fail, immediately creating massive job loss.
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Yep this is largely overlooked by most, there is an significant time lag from approval to pouring concrete, design, engineering, contract quoting and sourcing materials etc you can fast track but then you end up with bridges to no where etc.
 
IFocus said:
Yep this is largely overlooked by most, there is an significant time lag from approval to pouring concrete, design, engineering, contract quoting and sourcing materials etc you can fast track but then you end up with bridges to no where etc.
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Aren’t all those things job related prior to the pouring of the concrete:confused:
 
moXJO said:
Aren’t all those things job related prior to the pouring of the concrete:confused:
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The large numbers of jobs are really at the construction phase

To give you an idea a job I know well that is currently under design and nearing construction worth a $100 to $130mil has a team of around15 to 20 to engineer / design , design has taken 9 to 12 months that includes ordering long lead items, state, fed and local Gov approvals etc.

Construction will be 9 months approx and employ hundreds.
 
What's the problem?

Money returns home overseas. Many Property developments in the pipeline don't get finished. Investors lose .... So gov' props up the short supply of cash. (create jobs and by the way the gov' not putting up anywhere near the full amount) and projects get finished. :) Are you going to tennant them? I'm not! Are you going to buy them? I'm sure not anytime soon!

Some larger tennants would already be on contract. These larger tennants might be better without these new locations considering they would have jumped in sometime ago. and we don't need more shops to fill with imports for people to waste more money on.

If the developments were needed for exports etc, that's another story. But I guess they're not.

Strike up the "Buy Australian Made" again ... but it doesn't really work. Everyone wants to save a dollar. Not as in "save" either.
 
shaunQ said:
I disagree, most are just complaining about Rudd personally, saying he's out of depth, Labor debts etc etc blah blah. I only saw 2 posts I think that offered any sort of objective alternative solution.
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I wouldn't have given cash away at Christmas.
I wouldn't be propping up the commercial property sector, they're big boys and can look after themselves, most of them have already been broke several times.
I would reform the tax system urgently and try to get taxes down as much as possible then use the surplus to take care of the million or so that will be out of work before long.
 
What perhaps is smart is that by the gov' putting up some cash to save a few developments creates jobs without putting up anywhere near all the money. Leveraged for the benefit of jobs! Ok.....

But still they might be empty boxes when finished.
 
MR. said:
But still they might be empty boxes when finished.
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Maybe, but thats probably 12+ months away. He would be hoping things would have stabilised by then. And yes - hadn't thought of the leveraging argument - but schools etc would be less likely to have private money involved.
 
cashcow said:
I don't agree; Australia pisses so much potential against the wall (metaphorically speaking), it's depressing.
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We have the descendents of convicts running virtually every area of the economy - its payback time, we are going down the gurgler.

All potential has been paid out in bonuses and middle class welfare.
 
numbercruncher said:
We have the descendents of convicts running virtually every area of the economy - its payback time, we are going down the gurgler.

All potential has been paid out in bonuses and middle class welfare.
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Really you shouldn't discriminate mate, its a tough time for bluebloods too! :whip LOL
 
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