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."Everyone in Australia must do the heavy lifting"- Joe Hockey
WTF does Genworth have to do with the federal government ?
It's a publically listed company.
http://www.asx.com.au/asx/research/company.do#!/GMA
Are you going to post about banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurance, friendly societies and most members of the superannuation industry in this thread ?GMA is regulated by APRA. Last I heard APRA is the FEDERAL regulator.
Abbott on 3AW
"Do I think it's wrong for a member of Parliament to go to a fundraiser and maybe use a Comcar to do it? Not necessarily.
"Should you use a helicopter to get there? Well plainly that's outside community expectations."
I don't see why tax payers should fund a politician to attend a fund raiser. I have no issue in providing funds for them to listen to community concerns, but then they already have electoral offices paid for by tax payers, so unless you have a ministry position and are doing formally recognised public consultation, then no I don't think I should have to pay for a union conference or subsidise running VIP functions for exclusive access to politicians.
Abbott on 3AW
I don't see why tax payers should fund a politician to attend a fund raiser. I have no issue in providing funds for them to listen to community concerns, but then they already have electoral offices paid for by tax payers, so unless you have a ministry position and are doing formally recognised public consultation, then no I don't think I should have to pay for a union conference or subsidise running VIP functions for exclusive access to politicians.
Probably better to give them an allowance as a proportion of their salary and the size of their electorate, and if they spend more than that, tough luck. Under the present system, the rorts will continue indefinitely.
I agree with your solution. Alternatively, give them sweet FA.
Are you going to post about banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurance, friendly societies and most members of the superannuation industry in this thread ?
http://www.apra.gov.au/Pages/default.aspx
There's a dedicated thread for GMA on this forum.
https://www.aussiestockforums.com/forums/showthread.php?t=28347&highlight=genworth
Canberra has become a parallel moral universe
OPINION - By Michael Bradley - The Drum - Posted Thu 6 August 2015
http://www.abc.net.au/news/2015-08-06/bradley-canberra-has-become-a-parallel-moral-universe/6676000
While the MP entitlements rules are generous, they aren't nearly so vague as is being made out. Therefore, we need to make rorting politicians aware of the consequences of their actions, writes Michael Bradley.
The virus hunting down politicians over rorting of their entitlements is out of containment and threatening to consume Canberra...
The arrogant self-entitlement of Christopher Pyne on ABC Radio today will take your breath away.
Paraphrasing, "I flew my kids over in Business Class in 2013 (cost to taxpayers $7,000) because that's the procedure, they were coming over to be part of my job..".
No problem however with making teenagers wait 6 months to get the dole.
Christopher Pyne said:they were coming over to be part of my job..".
Surprised at no mention of the $80 bil + ship building pork barrel.
Did anyone one else have trouble not throwing up listening to Abbotts comments about his government doing good work making these promises?
What's clear about this is that it's not party specific.Clearly there are politicians on both sides that over reach with the expenses and clearly Bronwyn was the leader of the pack by a very long way.
Burke made the point that his claims although were within the rules were outside the community expectations interesting Pyne's arrogance reflects the Liberals born to rule and screw the workers attitude.
What's clear about this is that it's not party specific.
It's a broad problem of cultural excess within the political class but reflects worse on the conservative side of politics due to the obvious inconsistency with fiscal prudence.
Partisan criticism is a waste of time on this issue when both sides so obviously show such strong underlying bipartisan support for rorting the current system.Agree, how any one thinking flying your wife and kids business class any where for any reason at the tax payers expense is reasonable is seriously out of touch.
Partisan criticism is a waste of time on this issue when both sides so obviously show such strong underlying bipartisan support for rorting the current system.
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