Australian (ASX) Stock Market Forum

The Abbott Government

I bring you back to former Labor trade minister Craig Emerson.

He didn't think it was crap.

Saying it's the best deal you could get is not the same as saying it was a good deal beneficial to Australia . I've not heard you sing glorious praise about the deal.

Bit like the gambling addict who only got 2 fingers broken but was happy because it was the best deal he could get from his bookie.

From Alan Mitchell in the AFR today:

Almost two-thirds of the potential lift in Australia’s national income would come from the increase in Japanese exports to Australia. It would come as a result of the investment and productivity gains generated by more import competition…

They will…force Australian producers to innovate and lift productivity to survive…

Tariff-free imports are a key strength of the FTA with Japan, but they also expose the fundamental weakness of all bilateral FTAs. Australia can have all the cheap manufactured goods it wants, just as Japan can get all the cheap food it likes, by unilaterally tearing down the remaining barriers to trade.

Yet both nations deny their economies the bulk of the benefits of genuine trade reform while they spoon out market access to one trading partner after another, in stupid, long drawn-out negotiations.
 
I will ask to you once again Sydboy, would you sooner have a half a loaf of bread or none at all?

Your assumption is we're even getting half a loaf. From the looks of it we're getting a couple of crusts, and waiting many a year before even having much of a chance at tasting a full slice or two of that loaf.

How about you go do a bit of research into the crapola deals the Liberals have gave us with their FTAs. Like the extra $200M+ a year the AUSFTA costs us each year in higher pharmaceutical costs due to the increased in patent length, or the roughly $2B lost to generics manufacturers in Australia.

Do you support the clause the Liberals allowed in the KAFTA that allows the Koreans to unilaterally raise tariffs again if the import of any commodity increases by more than 2% in any year. What's the point of a trade deal if the other party can pretty much stunt any of your export growth?
 
I bring you back to former Labor trade minister Craig Emerson.

He didn't think it was crap.

If you want to invoke Emerson then you best admit the Abbott claims on the carbon tax were and are crap
 
If you want to invoke Emerson then you best admit the Abbott claims on the carbon tax were and are crap
Craig Emerson invoked himself on the issue of the Japan FTA. Perhaps he considered it better than his singing ability and didn't want it to pass without at least trying to direct some of the credit to himself.

The lie of Julia Gillard that is the carbon tax will go in July or perhaps sooner if Bill Shorten by some miracle comes to his senses.
 
Great News for the Abbott Government.....unemployment down....jobs being created......Australia is open for business....confidence back.....NO,NO,NO......Abbott could not have done it in 7 months.....it has to be Labors good work over the past 6 years......Bless their little hearts.


http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/unemployment_down/

Participation rate DOWN 0.2% (back somewhere at 2006 levels) which pretty much accounts for the decrease in the unemployment rate. Less workers paying tax ain't something to celebrate me thinks.

Trend unemployment INCREASED to 6% and this is the figure the ABS and RBA will focus on.

Only good news is aggregate hours work did increase, and jobs growth MAY be back to around population growth levels but will take a few more months before the trend figures show one way or the other, especially with the change in sampling that occurred in Feb.

http://www.businessspectator.com.au...alian-news/truth-about-unemployment-australia

Using the seasonally-adjusted data, the ABS is 95 per cent confident that employment growth was somewhere between a 39,000-person fall and a 76,000-person rise during March.

They are also 95 per cent confident that the unemployment rate was somewhere between 5.2 and 6 per cent. Wide confidence intervals are a common feature of seasonally-adjusted data, which is precisely why the ABS recommends a greater focus on trend estimates.

Last month the ABS was at pains to remind people that the strong growth in February was due to a change in sample.

With the exception of myself and a few others, its warning was largely ignored (Why the jobs figures don’t add up, March 13). It was universally reported that employment rose by around 47,000 in February and almost universally ignored that 37 per cent of that growth was completely imaginary and a result of a change in sampling methodology by the ABS.
 
Saying it's the best deal you could get would indicate he and Labor would have been happy to do it, contrary to what you yourself have indicated.

So by your logic with currently at least 5 Liberal members expressing public concern over the government’s intentions for sections 18C and 18D of the Discrimination Act that would mean the Liberal party is against the changes.

I don't see saying that something is the best deal someone else was able to get in anyways shows you believe it was a good deal or that you would have accepted the deal. I'd think most people would say something like "That's a good deal" or "I wish i could have got a similar / same deal."
 
Well this is a turn up for the books, Mark Kenny giving Abbot some credit. Maybe the reporters are finding it difficult to find negative material to write about Abbott.

http://www.canberratimes.com.au/com...s-skills-beyond-his-years-20140410-zqsxs.html

With the advent of digital print, it will be very easy for the publishers to ascertain which column writers have falling numbers. Then it's just a smple case of annalysis, to identify the problem.
Another six months, and we should all have some idea, whether Abbott is any good or not.IMO

On a side note, the 'Captains Pick' Bob Carr, has got team Labor chucking a hissy fit.
Funny, when Gillard rolled him out onto the stage, they ponced on as though he was the messiah, turns out he was just another one of them. What are they saying, he's selfish, self serving, inwardly focused, narcissist obviously the Labor traits run deep IMO.
 
So by your logic with currently at least 5 Liberal members expressing public concern over the government’s intentions for sections 18C and 18D of the Discrimination Act that would mean the Liberal party is against the changes.

I don't see saying that something is the best deal someone else was able to get in anyways shows you believe it was a good deal or that you would have accepted the deal. I'd think most people would say something like "That's a good deal" or "I wish i could have got a similar / same deal."

Alan Kohler, gives his thoughts on the free trade agreements.

http://www.abc.net.au/news/2014-04-10/kohler-following-keatings-lead-on-reform-finally/5378090
 


Don't you like the way the Green/Labor socialist lefties operate....they hate each other internally but the one thing they do have in common is they hate to see success in the coalition ranks......they are obviously envious of the way Abbott is going about things in an adult manner.......A manner which the Green/Labor could never achieve.
 
Don't you like the way the Green/Labor socialist lefties operate....they hate each other internally but the one thing they do have in common is they hate to see success in the coalition ranks......they are obviously envious of the way Abbott is going about things in an adult manner.......A manner which the Green/Labor could never achieve.


From sptrawlers article



Credit where it's due: 13 years of Paul Keating between 1983 and 1996 set Australia up for a quarter of a century, so far, of recession-free growth.

He was 20-30 years ahead of his time, and now the rest of the world has had to accept that microeconomic reform is the way to go.

http://www.abc.net.au/news/2014-04-10/kohler-following-keatings-lead-on-reform-finally/5378090
 
Well this is a turn up for the books, Mark Kenny giving Abbot some credit. Maybe the reporters are finding it difficult to find negative material to write about Abbott.

Maybe they should talk to IFocus and sydboy007, if they want negativity and sour grapes about Abbott and the Coalition.:D
 
Yep, Tony has now greater insight than the missing plane search team.

Just announced to a large business conference in China that the seach has now closed right in, cross over to the search and, whoa no new information.

Anyow, he,s the Prime Minister and that my friends is where news comes from these days.
 
Yep, Tony has now greater insight than the missing plane search team.

Just announced to a large business conference in China that the seach has now closed right in, cross over to the search and, whoa no new information.

Anyow, he,s the Prime Minister and that my friends is where news comes from these days.

Oh no explod...there is far more interesting news coming out of Bob Carr (THE RAT)
 
'Twas a shame about the years in between 2007 and 2013 though.....All Keatings good work was undone......rooned...ah la GG

Off topic, Carr,s he,s the past and dont want to promote him here.

Nah mate, keep it on the subject, but yeh,hard for u ole Pal to see Abbot losing sight of what his job is.
 
Off topic, Carr,s he,s the past and dont want to promote him here.

Nah mate, keep it on the subject, but yeh,hard for u ole Pal to see Abbot losing sight of what his job is.

The latest polls indicate he (Abbott) is doing a great job....now you have to agree on that one ole mate......Like in comparison poor old Bill, he is going down, down, down and to make things worse he (Shorten) has now been accused of raping a 16 year girl.
 
The latest polls indicate he (Abbott) is doing a great job....now you have to agree on that one ole mate......Like in comparison poor old Bill, he is going down, down, down and to make things worse he (Shorten) has now been accused of raping a 16 year girl.

Again you fly way off topic.

And ALP moved so far right that they are trying to emulate the LIB,s

Wonder if the polls are merely representing media rating type support. Maybe you will become some sort of a muppet party noco.

Seriously, is this government?
 
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