Australian (ASX) Stock Market Forum

The Albanese government

Who is going to be the first to try and knife Airbus next year?

  • Marles

    Votes: 1 9.1%
  • Chalmers

    Votes: 3 27.3%
  • Wong

    Votes: 1 9.1%
  • Plibersek

    Votes: 3 27.3%
  • Shorten

    Votes: 2 18.2%
  • Burney

    Votes: 0 0.0%
  • Other

    Votes: 1 9.1%

  • Total voters
    11
Hope you havn't gone and ruined Peazzzz...
the whole last pg has been a handringing reach-around wank feast human centerpede of illequiped neo-conservative angst....
Ahhh ....imagine how much worst it can get.. & oh how I hope it does.....

Another term of Alberneze'
*a lurch away from poverty for more people .
*the chance for affordable housing. For people in one of the weathiest countries on the planet
*more people on a living wage.
***Julian Assange at ease some place with his family***. (write to your local member now C***T's)


And Morrison still un-emloyable, anywhere, clinging to his seat buy(pun intented) a ten vote majority; And only then becuase of the preferances of the christian swastica alliance.
 
Last edited:
Hope you havn't gone and ruined Peazzzz...
the whole last pg has been a handringing reach-around wank feast human centerpede of illequiped neo-conservative angst....
Ahhh ....imagine how much worst it can get.. & oh how I hope it does.....

Another term of Alberneze'
*a lurch away from poverty for more people .
*the chance for affordable housing. For people in one of the weathiest countries on the planet
*more people on a living wage.
***Julian Assange at ease some place with his family***. (write to your local member now C***T's)


And Morrison still un-emloyable, anywhere, clinging to his seat buy(pun intented) a ten vote majority; And only then becuase of the preferances of the christian swastica alliance.
You're obviously still on the good gear.
 
Interesting snippet in the Australian Financial Revue today, it is great that the Govt has run a surplus, I was a bit surprised to read that there would have been one four years ago, applying the same formulae.
As some of us keep saying, there isn't a lot of difference between the major parties and they both have to deal with the same issue and constraints.

Labor may be on track to deliver the first budget surplus in 15 years, but under the same methodology used to calculate the $4.2 billion forecast on Tuesday, the Coalition would have delivered a $7.2 billion surplus four years earlier.
 
Albo knows how hard it is for families these days, though I find it a little difficult to understand why a family getting half a mill per year needs any sort of assistance from the Government.
From Services Australia Government Website
From 10 July 2023, if your family earns under $530,000, you’ll get increased Child Care Subsidy (CCS).

The CCS percentage you’re entitled to depends on your family’s income.

The income limit to get the maximum CCS is increasing. Families earning up to $80,000 will get an increased maximum CCS amount, from 85% to 90%.

If you earn over $80,000 you may get a subsidy starting from 90%. This will go down by 1% for each $5,000 of income your family earns. You’ll either get more subsidy or have no change to your entitlement.
I guess at least it is means tested.
mick
 
Albo knows how hard it is for families these days, though I find it a little difficult to understand why a family getting half a mill per year needs any sort of assistance from the Government.
From Services Australia Government Website

I guess at least it is means tested.
mick
I guess it is to try and keep productive women in the workforce, if they are paying what they are earning for childcare why work? So that nurses, doctors, teachers etc don't bother going back to work after they have had a child.
Or do you have it so the only ones who qualify for childcare are women that don't work? I think they tried that for a while, when middle class welfare was on top of the narrative, before the voice and climate change.
From memory they ran out of childcare places for working women, the childcare places were taken by stay at home mums who required a break, so it was re introduced with means testing. :rolleyes:
Just import an extra 700,000 workers, to fill the gap. :xyxthumbs

 
Last edited:
Unfortunately, the Albanese government appears to be just the same as its predecssors.
Promise many things in oposition and during the lection, but then quietly start undermining those promises after it.
From The Spectator
In January 2022, then Opposition Leader Albanese told the National Press Club, ‘It is beyond comprehension this government has refused to learn from this pandemic.’ Albanese was then asked if he won the coming election, whether he would have a Covid Royal Commission. Albanese replied, ‘It’s beyond doubt we will need an assessment. When we get towards the end [of the pandemic], then you’d give consideration to that. Whether that would be a Royal Commission or some form of inquiry, it will need to happen.’

A month before the May 2022 election, a Senate committee chaired by ALP senator, Katy Gallagher, released a report calling for a Royal Commission into the handling of the pandemic. In response, the soon to be Prime Minister said, ‘I cannot envisage a situation in which, whoever wins, the government wouldn’t want to examine the once-in-a-century pandemic and the response. You have to do so. We have to examine it so we learn the lessons.’

Three months after the election, Nine News’ then Canberra bureau chief Chris Uhlmann asked the new Prime Minister, ‘Are you going to call a Royal Commission into Covid so Australians know exactly what was going on?’ Albanese responded, ‘I’ve said consistently that once we are through the pandemic it would be inconceivable, that you would not have a proper examination of the handling of the pandemic.’ Around the same time, Albanese was interviewed by Andrew Clennell on Sky News Australia and said, ‘From opposition I said that I couldn’t envision circumstances where after you had a once in a century global pandemic and an extraordinary response with the largest economic stimulus that we’ve seen in Australia, that we would just move on and not have an examination of what went well, how things could be improved. I would have thought you’d want to do something as soon as practicable.’

On Monday this week, Albanese was again asked about the long-promised Covid inquiry. Remarkably, he responded by insisting the Covid crisis is ongoing so we just have to keep waiting. Someone in the Prime Minister’s office needs to update the boss on the good news – even the fear-mongers at the World Health Organisation have formally declared the pandemic is over.
part of Albo's reticence is due to the fact that a couple of labour premiers do not want their pandemic actions brought up and looked at more closely.
One might think that if the liberals would be hammering him about another broken promise, but as the article goes on to explain, they are in the same boat.
It smells like Premiers Palaszczuk and Andrews (and probably others) are committed to kicking the Covid Royal Commission can down the road. This is one broken promise the Liberal Party has no interest in highlighting as that party was at least equally responsible for our Covid response. The Prime Minister’s enthusiasm also seems to have wobbled recently despite his earlier emphatic remarks.
Bad luck for anyone who thinks the entire COVID response was a complete disaster, we are unlikely to ever get an RC to hang out all the dirty laundry.
Mick
 
part of Albo's reticence is due to the fact that a couple of labour premiers do not want their pandemic actions brought up and looked at more closely.
One might think that if the liberals would be hammering him about another broken promise, but as the article goes on to explain, they are in the same boat.

Victoria (Labor) and SA (Liberal at the time) both come to mind as having done things that would plausibly warrant some kind of compensation paid to those affected.

SA actually did lock people out of the state with no option to return. Not quarantine, just no option to come in period.

I expect even the UN would have something to say about that. It would breach some treaty somewhere surely.

A problem with governments in general is they're too worried about the party over the people. :2twocents
 
Victoria (Labor) and SA (Liberal at the time) both come to mind as having done things that would plausibly warrant some kind of compensation paid to those affected.

SA actually did lock people out of the state with no option to return. Not quarantine, just no option to come in period.

I expect even the UN would have something to say about that. It would breach some treaty somewhere surely.

A problem with governments in general is they're too worried about the party over the people. :2twocents

WA comes to mind.

Didn't they shut the borders for a number of months ?
 
WA comes to mind.

Didn't they shut the borders for a number of months ?
Yes. But it must be said that it a supported by probably the majority here, supported by MaoGowan's fear campaign.
 
Yes. But it must be said that it a supported by probably the majority here, supported by MaoGowan's fear campaign.
True and now everything is back to normal, the country towns are empty and gumtree is full of caravans, as everyone is off overseas. ?
Another stat that will return to long term trend.

After almost three years of border closures, countries like Japan and China have finally reopened — and many Australians are heading there.

Searches for flights and travel insurance are currently soaring in Australia, according to data from Google.

Here's where Australia is at with its international travel numbers.

We're at February 2019 levels​

The latest data from the Australian Bureau of Statistics' (ABS) reveals that December 2022 travel activity is on par with February 2019.

Where are Australians travelling to?​

The top international destinations, based on accommodation demand on Expedia.com.au, as of January 10, are:

  1. 1.Bali, Indonesia
  2. 2.Tokyo, Japan
  3. 3.Singapore
  4. 4.London, United Kingdom
  5. 5.Fiji
  6. 6.Phuket, Thailand
  7. 7.Queenstown, New Zealand
  8. 8.Los Angeles, United States
  9. 9.Rome, Italy
  10. 10.Bangkok, Thailand
 
Last edited:
Happy Birthday 'Albo Gov'...

And thankyou the voters of Aus and what you saved us from.
Yes it's good to see a dose of NAIRU coming back into the system and also a lid being put on the NDIS, Albo is nailing it. :xyxthumbs
 
Not everyone is so happy

 
A bit of polish coming off the turd too.

 
A bit of polish coming off the turd too.

Doesn't sound like a happy camper.
I think Albo is doing a lot, on a lot of fronts and none have imploded yet, so IMO he's doing o.k.
The electrical system is wobbling but hasn't crashed.
House prices have stayed up and interest rates are returning to normal.
Inflation is running away, but he is ramping up immigration to get a lid on wages, so it is only a matter of time before relative labour cost fall.
The NDIS is getting brought into line.
The stage 3 tax cuts will probably be dropped, just before they are due to come in, because he has listened to the public outrage and will abide by their wishes.
In reality he is pulling off a blinder and he was overseas when flooding was happening, the media are onside so ATM he is a shoe in for the next election IMO.
 
ATM he is a shoe in for the next election IMO.
Oh yes indeed. Some good points, yes. NDIS certainly needed the kibosh put on it. The rest has the potential to blow up in his face and probably will.

But he will romp it in because of the profound incompetence of the (hahaha) "opposition". The Libs couldn't organise a naughty in a brothel atm.
 
Oh yes indeed. Some good points, yes. NDIS certainly needed the kibosh put on it. The rest has the potential to blow up in his face and probably will.

But he will romp it in because of the profound incompetence of the (hahaha) "opposition". The Libs couldn't organise a naughty in a brothel atm.
And no doubt the incompetent ones in the opposition will leave and be replaced by better ones and some of Labor's plans will implode, it isn't as though Albo is giving his team a free reign he is running a tight ship the same as Morrison did.
The only difference is the media are cutting him a lot of slack, which is fair enough, hopefully it stays that way IMO.
A lot of the issues Albo is taking care of, are issues the coalition wouldn't be allowed to address, without huge media and public backlash.
 
A
And no doubt the incompetent ones in the opposition will leave and be replaced by better ones and some of Labor's plans will implode, it isn't as though Albo is giving his team a free reign he is running a tight ship the same as Morrison did.
The only difference is the media are cutting him a lot of slack, which is fair enough, hopefully it stays that way IMO.
A lot of the issues Albo is taking care of, are issues the coalition wouldn't be allowed to address, without huge media and public backlash.
Agreed, I'm just not comfortable with our young folk having to die for liberty all over again.

As will have to happen... again.
 
A
Agreed, I'm just not comfortable with our young folk having to die for liberty all over again.

As will have to happen... again.
And the gap between rich and poor will get bigger, that's the way it goes, but things are getting done.
Have you noticed there is no longer a media full of criticism over Kurri Kurri, Snowy 2.0, the nuclear subs, the amount of time politicians are spending overseas, even the immigration numbers aren't causing the furore they would normally attract.
Things are getting done because the Government isn't having to fight the media every step of the way, which is a good thing and the reality is there is very little difference between the parties anyway.
So we get a few years of labor then it's wash rinse repeat, nothing much changes, but there was a stale mate between Morrison and the media which caused nothing but depressing media coverage of everything.
Even Leigh Sales commented on it, so now we have a happy media and a nervous public. The media's happy because their house prices are up and the public are nervous because they can't afford them.
But they haven't got to worry about bushfires and floods, they are now back in the safe hands of the States. ?
 
Top