Good to see Abbott has had a victory to make the Fabians irrelevant.......they are furious.
http://www.theaustralian.com.au/opi...ets-down-workers/story-e6frg75f-1227045641179
Pretty much how I see it also. That round to Palmer.Dream on. So they got the mining billionaire to get rid of the mining tax (which he always said he would get rid of) but only after massive changes the Coalition didn't want and it is a huge success????
And somehow according to the article it is a "huge political and policy win for the Coalition" and "it demonstrates the Coalition can negotiate legislation through the Senate".
Yeah, right.
Dream on. So they got the mining billionaire to get rid of the mining tax (which he always said he would get rid of) but only after massive changes the Coalition didn't want and it is a huge success????
And somehow according to the article it is a "huge political and policy win for the Coalition" and "it demonstrates the Coalition can negotiate legislation through the Senate".
Yeah, right.
Time will see Clive and his party off and for the sake of the nation, hopefully the sooner the better but the government of the day has to deal with the senate elected as most governments do.
Latest poll results show that Clive's vote is stable with the election result showing 5.4% of the Australian public voting for him. So far none of the gloss appears to have rubbed off.
A solar farm that has been billed as Australia's largest has officially opened at Royalla, south of Canberra.
The Royalla Solar Farm was developed by a Spanish company, is made up of 83,000 solar panels and has the capacity to power more than 4,500 ACT homes.
The ACT Government said it was the first large-scale solar farm to be connected to the national electricity grid.
Environment Minister Simon Corbell said it was an important step towards achieving the ACT Government's target of 90 per cent renewable energy for the territory by 2020.
"Over its lifetime the farm will save over half a million tonnes of greenhouse gas emissions," he said.
"This is a nation-leading project. This is the largest operation solar farm in Australia to date.
"It is expected to generate an average 37,000 megawatt hours of renewable energy each year for the next 20 years."
The project is owned by Spanish company Fotowatio Renewable Ventures (FRV) and the opening was attended by the Spanish foreign minister Jose Manuel Garcia-Margallo.
"If we want to have sustainable development, we must take care of the environment," he said.
The Royalla solar farm is made up of 83,000 photovoltaic panels. Photo: The Royalla solar farm is made up of 83,000 photovoltaic panels. (ABC News: Jonathon Gul)
"I'm absolutely convinced that it's very important to go down this path."
Andrea Fontana from FRV said large scale solar farms relied heavily on government support.
"It's absolutely important to have support and long-term stability to make investment decisions," he said.
"It's impossible to attract capital and investors' confidence without long-term policies."
The ACT's moves towards greater reliance on renewable energy have come at a cost for Canberrans.
The ACT Government said the cost of reaching its renewable energy target of 90 per cent by 2020 was expected to peak at about $4 per household per week in 2020 before declining.
It said that cost would be offset by weekly savings of about $4 per household through energy efficiency programs.
http://www.abc.net.au/news/2014-09-03/royalla-solar-farm-opens-south-of-canberra/5716500
Clive Palmer is clearly only in politics for himself but if Labor chooses to exile itself from economic debate, the government has no choice but to deal with the other members of the senate.
Labor didn't expect this deal over the mining tax and as a consequence they are fuming mad. That also reflects the fact that they were hoping to cling to a Labor/Green majority in the senate at the last election even though it was obvious they were going to lose the reps.
The Libs have got largely what they want out of the mining tax repeal in that the associated spending ultimately goes. While there's a shorter term cost, the key long term structural savings are in tact and superannuation aspect is a bit of ideological icing.
Time will see Clive and his party off and for the sake of the nation, hopefully the sooner the better but the government of the day has to deal with the senate elected as most governments do. It pails into insignificance in comparison to the post-2010 election marriage between Labor and the Greens for office.
A bit like the situation at the state level here in Tas. Regardless of what I or anyone else thinks of them, the Greens have at least produced an "alternative budget" as such (as have the Liberals in the past when in opposition) whereas Labor seems to have exiled itself from the debate.Clive Palmer is clearly only in politics for himself but if Labor chooses to exile itself from economic debate, the government has no choice but to deal with the other members of the senate.
Forget present polls.Latest poll results show that Clive's vote is stable with the election result showing 5.4% of the Australian public voting for him. So far none of the gloss appears to have rubbed off.
Small target is standard fare for opposition at this stage of the electoral cycle. In terms of the current budget situation though, Labor has considerable baggage from office which they hope the electorate will forget.What's Labor's strategy? Just do nothing and hope that enough people eventually want a change and elect them back into government?
The prime minister and Mr Palmer trotted out the tawdry argument that working people are better off with more cash in their hand today than savings for tomorrow. Yesterday’s decision represents nothing other than the wilful sabotage of the nation’s universal savings scheme.”
“This week, Australia’s pool of superannuation savings topped $1.87tn – larger than the market capitalisation of the Australian Stock Exchange. That vast pool of savings, which has revolutionised our capital markets and dramatically lowered the cost of Australian capital, exists, in the main, because of compulsory superannuation. You don’t expect conservative governments to believe in much but, at least, you expect them to believe in thrift. This government does not even believe in thrift,” he said.
And today's chestnut.
Working people are better off with more cash in their hand today than savings for tomorrow.
Whilst I'm disappointed about the delaying of increased % of compulsory super, the above is essentially quite correct. People can still choose to voluntarily choose to contribute to Super or save in some other vehicle.Working people are better off with more cash in their hand today than savings for tomorrow.
I don't know a single person who is self funded who has reached that status via compulsory savings. Rather they've acted entirely on their own initiative.
Superannuation delay an act of 'wilful sabotage', says Paul Keating
“
As other comments have been made, there is nothing stopping any worker making self contributions to their super.
Fact is that the employers will not have to make their contributions either. Do you see employers giving this saving to their employees or just adding it to the profits ? It's a blatant gift to employers at the expense of employees.
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