Tisme
Apathetic at Best
- Joined
- 27 August 2014
- Posts
- 8,954
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- 1,152
They al seem to refer to the sector as a being or person. Interesting how employees of industries do that.
Don't know if the Australia Institute is left or right, but apparently they produced an audit of mining subsidies.
http://www.smh.com.au/federal-polit...energy-subsidies-revealed-20140623-3aoxr.html
Abbott has plans already in place but your comrades in the senate will not let him implement them.
Rumpy, Shorten should be listening to and taking notice of Uncle Bob and Uncle Paul......all in the interest of the nation of course.
Please spell out these plans.?
They do not seem to be in place or out there in the public domain to me.
He had a few to dismantle and what I would describe as constructive things but what is "he building" so to speak for Australia and its people.
The country's longest serving federal treasurer is warning that Australia's economic luck may be starting to run out as demand for resources begins to wane.
Addressing a property council event, Peter Costello said the economy was undergoing big changes, and consumers were being left with a sense of uncertainty about the future.
Mr Costello said with commodity prices falling, Australia's economy would not be protected by China like it was during the global financial crisis.
"We went on with rising living standards right through 2008, 2009, 2010, 2011 after an initial readjustment and Australia boomed in a way we've never seen before. But the luck's beginning to run out," Mr Costello said.
The former treasurer said for the first time since the 1990s, per capita incomes in Australia were no longer growing.
"Young people under 50 who have lived through a period of uninterrupted rising incomes are beginning to experience something that's different," he said.
"Now I'm not saying that we're in recession, far from it. But things are changing and our consumers are anxious - they've stopped spending."
He gave a more upbeat assessment of the property market, suggesting Australia's strong population growth would continue to sustain it.
"Building a house is comparatively cheap," he said.
"What is expensive in Australia is land."
http://www.abc.net.au/news/2014-09-17/costello-says-australias-economic-luck-is-running-out/5751286
Holy hell plod, don't you read the newspaper or watch TV?.......It has been on for over 12 months.
You can also do your own homework.
To date I have not seen anything from the Fabian indoctrinated Green/Labor left wing socialist.......Even Uncles Bob and Paul don't know what they stand for....perhaps you might like to tell me...but there again you would not be able to because the Green/Labor coalition don't have any plans.
Pretty much we're at the point now where spending any money to reduce electricity consumption is not going to provide adequate returns for my household.
Goodness gracious noco, those you refer to are not in Government.
Answer the question?
Peter Costello says Australia's economic luck is running out as demand for resources falls
So Tony, what's the plan for after the resources boom ?
Reduce illegal imigrants.
Reduce Govenment debt, to help hold interest rates down and free up money for infrastructure.
Spend on labour intensive infrastructure.
Reduce Government spending.
So Bill, what's your plan.
And save $30 billion by buying Japanese subs.
Reduce illegal imigrants.
Reduce Govenment debt, to help hold interest rates down and free up money for infrastructure.
Spend on labour intensive infrastructure.
Reduce Government spending.
So Bill, what's your plan.
Reducing government spending will lead to a recession.
Increase revenue from those who can afford it (the mining industry) and use this to stimulate the rest of the economy.
Rumpy haven't you read the latest news......the mining industry is flat so how are you going extract blood out o a stone?....coal prices down.....iron ore prices down.
Perhaps we might have to have the recession we have to have "ahla Paul Keating........no money is left in the piggy bank since Labor raided it all 2007/2013.
Easy noco, you charge a percentage of their profits. Mineral prices are like most commodity prices, they go up and down. If the miners make less profit, they pay less tax.
As my favourite meerkat would say, Shimple.
Isn't that what the 30% business tax is meant to do?
Isn't that what the 30% business tax is meant to do?
All companies pay company tax, but most don't dig up our non reneweable resources and leave big holes in the ground after they leave. There needs to be a premium on mining companies ; it's called resource rent.
Isn't that what the 30% business tax is meant to do?
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