Hate to say, they will double the debt by the end of next year. Didn't the Courier Mail advise you of this?
http://www.crikey.com.au/2014/10/27/coalition-on-track-to-double-labor’s-debt-and-deficit/
Bring Back Costello from retirement...please or put a proven manager in charge (Bishop) or a merchant banker and successful businessman (you know who). The career politician is failing us.
Costello?????????.... hell no....why Costello when we have the worlds greatest treasurer sitting on the back bench...You know the one, who in 2013 who said we were in surplus and then corrected himself to $2 billion deficit, then $11 billion, then $18 billion and then find out after the 2013 election we were $48 billion in the red....all in about 6 weeks.
Considering how badly hockey will be looking by the end of the year. Can't even get the business CAPEX forecasts to last a week from the budget.
The liberals are definitely finding life tougher when Australians are saving again and revenue isn't rising faster than GDP growth.
Why no surplus yet when we had Govt members in opposition promising surplus after surplus even through a GFC style down turn?
I think you are becoming confused with the Green/Labor socialist left who were the ones who promised a surplus...Swan and Gillard stated it 500 times before the election.
I am sorry I have to keep reminding you.
Well it looks as though university fees may come back on the agenda, as people are talking about the ridiculous amount of students doing degrees.
http://www.smh.com.au/comment/unive...ng--success-and-job-prospects-20150630-gi0d4a
Maybe Uni students are stressed, because they really don't have the academic ability, for the course.
The whole education system has become a joke, it starts as a child minding service, and ends as a sausage factory with limited quality control.IMO
Who needs engineers and scientists, artist, poets, innovators and just generally well read people - there's YouTube and public libraries if they want to learn stuff after their shifts.
Who needs engineers and scientists, artist, poets, innovators and just generally well read people - there's YouTube and public libraries if they want to learn stuff after their shifts.
Who needs qualified tradespeople when you can import unqualified ones from China.
This country is just going under to Right Wing IPA led stupid free market bulldust economics.
We need engineers and scientists, apparently not enough students enrol in those courses, they're too hard.
As for artists, poets and navel gazers, we have plenty queueing for those courses.
We need engineers and scientists, apparently not enough students enrol in those courses, they're too hard.
As for artists, poets and navel gazers, we have plenty queueing for those courses.
Prob partly stems from the fact we don't have a science minister, nor much support from the Govt to encourage students into STEMs courses. Constant cut backs to the CSIRO, along with manufacturing in what could be terminal decline, the job opportunities may not be so crash hot in the near future. I'd not want to leave uni with 50K or more of debt to only end up in a lowish paying job due to lack of demand for the skills I've gained.
It seems perverse there's plenty of incentive to get into the parasitic finance industry through uni, but not much encouragement to get people into more productive courses that would help to rebuild our infrastructure and competitiveness in the tradeables sector.
I don't believe any political party is taking this seriously at present.
Look chaps it's too Expensive to educate people in Australia. It's much easier and cheaper to set the universities up to milk money from foreigners and pay the university ranking crowds to bolster Australian university rankings up so that everyone believes that Australian universities are the best in the world. It's much cheaper to get a fully qualified immigrant who has already paid for his studies and is willing to come to Australia and pay the Australian government to come here plus pay to get set up with his savings from elsewhere then waste time educating a local. Why would you do that? It's also cheaper to get a foreign worker in on a 457 visa then to hire an Australian local. Why would you hire an Australian when you can bring somebody else in who will then work hard to build himself a future and spend his wages in Australia because in Australia nobody can save anything to send home anyway. It's one more consumer you bring into the country. The true blue Australian can sell his house and give some taxes back to the government and move somewhere into outback Australia to get another job at a lower standard of living if he can't compete. The Chinese guy will be a future Australian anyway. The aim of the government of Australia is to increase the population of Australia and to have that foreigner bring all his foreign money into Australia. It's not like the True blues Australian is going to leave right? If the true blue Australian complains to much and gets restless well that's why we have the militarised police and strict laws to keep him in place. This thread title, the Abbot Goverment, what a load of utter baloney! What difference does it make who's government is is, nothing changes. Every time I go vote in my electorate I just want to laugh and laugh and laugh, I get liberal shirts, and labour shirts and the greens shirts and I ask the lady who hands me a ballot paper and the pencil if she knows that pencil can be rubbed out while she has no clue what I am even suggesting. It's a joke, before elections you will have family members At a drunken barbecue in the park shouting and arguing with each other frothing at the mouth because one is labour the other is liberal, as if that is of any significance whatsoever? I love Australians and Australia its the best place in the world for a good laugh. I read the Australian newspapers and they are the best. Its first class entertainment from speeches in parliament on misogyny, Johnny Depp and his Dogs, big dick swinging politicians, Italian Mafia connections, Shane warne. The place is incredible.
I see Environmental Justice Australia is about to sue the govt for inaction on climate change, based on Urgenda's success in Holland. Looks like the courts are going to set the targets from now on in around the first world nations.
And I also see that the ALP have uncovered plans to review the superannuation rules, after the govt said no changes in this or next term.
too bad we're being run by career politicians and accountants (apologies to accountants, haha).
There's a role for accountants certainly, just as there is a role for many different people, but I do consider current thinking to be excessively focused on short term finances to the detriment of the long term.
Take a look at practically any big game changing project that has ever been built. Few if any would be built under current circumstances simply because the "returns" took 10+ years to commence. Engineers and many other professions are comfortable with that concept but it doesn't suit those focused on short term politics and one year's financial results.
Private enterprise did not fund the Snowy Mountains Scheme and will not fund major infrastructure in this country because it's too much of a risk for them.
Someone in government has to have the foresight to do nation building with infrastructure, and find the finance for it.
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