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 11.1%
  • Chalmers

    Votes: 3 33.3%
  • Wong

    Votes: 1 11.1%
  • Plibersek

    Votes: 2 22.2%
  • Shorten

    Votes: 2 22.2%
  • Burney

    Votes: 0 0.0%
  • Other

    Votes: 0 0.0%

  • Total voters
    9
Or indeed Morrison and the SMH or the Guardian getting onto it. :xyxthumbs

That is the good thing about having both sides of politics having a left and right biased media,
it wouldn't work, if there was only one side given air, the voice would already be in. ;)

No mention of Albo's son and the Chairman's Lounge on the ABC that I can find.

Plenty of others.

Screenshot 2023-08-22 at 1.30.15 pm.png
 
No mention of Albo's son and the Chairman's Lounge on the ABC that I can find.

Plenty of others.
I'm not a big fan of the media using a politicians kids in the political point scoring game, having 4 of my own I know balancing family loyalties with work loyalties was hard enough, without trying to do it on the political scene with the media hanging around like vultures.

Realistically the depths the media plunged to with the Morrison holiday, subs, holding a hose in a bushfire etc IMO was shameful, how he kept is marriage together during his tenure, while dealing the rabid media was amazing IMO.

Hopefully Albo doesn't face the same level of harassment and bullying, in reality nobody deserves it, the politicians same as the cops in most instances they are just doing their job and 9 times out of 10 it is a thankless one.

The right leaning media is held to account by calling it the Murdoch pro right press, unfortunately no one calls out the left leaning media, which is a shame as some of it is public funded and therefore there is a public expectation it is unbiased .

It really is a shame there isn't a middle ground media, but I think it is forming through social media and on forums such as this one where people can have differing opinions and both sides can air their differences in a fairly civil and in depth way, by putting their thoughts and supporting articles that they believe up for scrutiny by the other members.
 
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I'm not a big fan of the media using a politicians kids in the political point scoring game, having 4 of my own I know balancing family loyalties with work loyalties was hard enough, without trying to do it on the political scene with the media hanging around like vultures.

Realistically the depths the media plunged to with the Morrison holiday, subs, holding a hose in a bushfire etc IMO was shameful, how he kept is marriage together during his tenure, while dealing the rabid media was amazing IMO.

Hopefully Albo doesn't face the same level of harassment and bullying, in reality nobody deserves it, the politicians same as the cops in most instances they are just doing their job and 9 times out of 10 it is a thankless one.

The right leaning media is held to account by calling it the Murdoch pro right press, unfortunately no one calls out the left leaning media, which is a shame as some of it is public funded and therefore there is a public expectation it is unbiased .

It really is a shame there isn't a middle ground media, but I think it is forming through social media and on forums such as this one where people can have differing opinions and both sides can air their differences in a fairly civil and in depth way, by putting their thoughts and supporting articles that they believe up for scrutiny by the other members.
But if they don’t you end up with Hunter Biden.
 
Hopefully Albo doesn't face the same level of harassment and bullying, in reality nobody deserves it, the politicians same as the cops in most instances they are just doing their job and 9 times out of 10 it is a thankless one.

Well, Albo has copped a lot in this space over the Voice, rightly so in my opinion, he's not thinking it through.

Morrison copped it over Robodebt, rightly so again so things even out.

I'm interested to see what Chalmers says at the Press Club on Thursday. I hope he gives some inkling of what plans the Govt has to tackle the future of the economy , and hopefully he just won't bring out the old hackneyed phrase "we need to have a conversation". He's the one who needs to start talking and give us some options. Increase GST ?, mining tax ? super profits tax ? Abolish negative gearing ? Whatever, just put it all out there and see what happens.
 
But if they don’t you end up with Hunter Biden.
Well it is a bit more difficult in the Westminster system, there are a lot more checks and blocks in place, than in a republic where the elites run the show and make the rules, where there is power and money there is always corruption.
Here if Albo got out of line or he was involved in a scandal, he would be chucked to the departure lounge on the back bench, in a republic like the U.S it seems to be much harder as everyone voted in has big bucks behind them.
 
Well, Albo has copped a lot in this space over the Voice, rightly so in my opinion, he's not thinking it through.

Morrison copped it over Robodebt, rightly so again so things even out.

I'm interested to see what Chalmers says at the Press Club on Thursday. I hope he gives some inkling of what plans the Govt has to tackle the future of the economy , and hopefully he just won't bring out the old hackneyed phrase "we need to have a conversation". He's the one who needs to start talking and give us some options. Increase GST ?, mining tax ? super profits tax ? Abolish negative gearing ? Whatever, just put it all out there and see what happens.
Yes really if they are going to cut the top level tax rate, they really need to increase the GST IMO, otherwise the indirect tax base will have to be broadened and then that becomes a pick the loser which becomes very unfair.
You can't keep reducing the income tax, which increases the spending and feeds inflation that then hurts the bottom end of town.
When GST was brought in it had to be hamstrung to get through parliament, it really does need tidying up IMO.
 
No mention of Albo's son and the Chairman's Lounge on the ABC that I can find.

Plenty of others.

View attachment 161249

That is a worry. The ABC is our premium news & current affair service, they must be fair and impartial.

I have to give the ABC the benefit of the doubt, thinking that they are fact checking and taking into account that Nathan is not a public figure. But if that is the case, why did the ABC send a news crew to the private home of Meg O’Neill? Anyway, I tried several different search methods on two search engines, and so far, there is nothing from the ABC. I hope that they are just being cautious and checking the facts -

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Ref Chairman's Lounge, I've just read an interesting article in the Fin on the lounge and how to get in. You can't apply and you need to be approved by Joyce or Goyder, so they were either personally approached by the PM of they thought it was a 'smart' idea to invite Albo's kid in, obviously for commercial gain.

How can I join the Chairman’s Lounge?​

No number of frequent flyer points or money will get you through the door. You need to have a high-profile and influential job in politics, the public service, business or law, or failing that, perhaps be a celebrity.

After all, this is a place where company directors, politicians, judges and chief executives can “bump into each other” and informally network, away from the outside world.

(At the same time, discretion is required, we hear. One regular patron recalls an occasion when a CEO spotted a notoriously fierce public servant he had been trying to meet with. The CEO was greeted with a firm “talk to the hand” signal and was forced to retreat.)

Members are personally approved by Joyce or Qantas chairman Richard Goyder. Other than that, how someone is chosen for membership is a tightly guarded secret.

Joyce has said that Chairman’s Lounge membership is “a commercial arrangement”.

High-flying MPs and senators are offered access as a thanks for the government continuing to award Qantas the bulk of its own travel contracts.
 
Ref Chairman's Lounge, I've just read an interesting article in the Fin on the lounge and how to get in. You can't apply and you need to be approved by Joyce or Goyder, so they were either personally approached by the PM of they thought it was a 'smart' idea to invite Albo's kid in, obviously for commercial gain.

How can I join the Chairman’s Lounge?​

No number of frequent flyer points or money will get you through the door. You need to have a high-profile and influential job in politics, the public service, business or law, or failing that, perhaps be a celebrity.

After all, this is a place where company directors, politicians, judges and chief executives can “bump into each other” and informally network, away from the outside world.

(At the same time, discretion is required, we hear. One regular patron recalls an occasion when a CEO spotted a notoriously fierce public servant he had been trying to meet with. The CEO was greeted with a firm “talk to the hand” signal and was forced to retreat.)

Members are personally approved by Joyce or Qantas chairman Richard Goyder. Other than that, how someone is chosen for membership is a tightly guarded secret.

Joyce has said that Chairman’s Lounge membership is “a commercial arrangement”.

High-flying MPs and senators are offered access as a thanks for the government continuing to award Qantas the bulk of its own travel contracts.

A lot of influence peddlars in other words.

One wonders what influence a certain Nathan has ?

Labor used to be a party that decried "boys clubs", now they have obviously joined it.
 
A lot of influence peddlars in other words.

One wonders what influence a certain Nathan has ?

Labor used to be a party that decried "boys clubs", now they have obviously joined it.

I agree with @sptrawler that pollies kids should not be political fodder, but this just stinks. Albo, who grew up in community housing with a single mum apparently, should have known much much better. I don't mind the internship (PWC call it a 'Vacation Program'), if that's what it is.
 
The unspoken background is free trade peaked quite some time ago and in my view we're going to see a lot more protectionism from here on across all sorts of things. :2twocents
Good and bad in some ways. Done properly it could be more efficient, done badly it could lead to complacency and cronyism. Just depends on the circumstances.
 
This IMO this is the new elephant in the room, the Government with the pro inflation attitude, is going to drive the biggest wealth gap in Australia's history unless it acts quickly.
Before the last election the media was full of the cost of housing in Sydney/Melbourne, well now those with the houses in Sydney/Melbourne appear to be using that increased equity to invest in other States.
IMO this will end up with a massive working poor the way it is going, all analysis says that the most important thing to ensure a good retirement is owning a house, that is being blown completely sky high. It will end up a tragedy IMO, there will be nowhere that those less fortunate can escape to. :2twocents
Houses in a low socio economic area near myself, in the last 12 months have gone from unsellable, to bought sight unseen by Eastern State buyers for $100k more than they were selling for 8 months ago, it is mind boggling how the ponzi is spreading.o_O

 
This IMO this is the new elephant in the room, the Government with the pro inflation attitude, is going to drive the biggest wealth gap in Australia's history unless it acts quickly.
Before the last election the media was full of the cost of housing in Sydney/Melbourne, well now those with the houses in Sydney/Melbourne appear to be using that increased equity to invest in other States.
IMO this will end up with a massive working poor the way it is going, all analysis says that the most important thing to ensure a good retirement is owning a house, that is being blown completely sky high. It will end up a tragedy IMO, there will be nowhere that those less fortunate can escape to. :2twocents
Houses in a low socio economic area near myself, in the last 12 months have gone from unsellable, to bought sight unseen by Eastern State buyers for $100k more than they were selling for 8 months ago, it is mind boggling how the ponzi is spreading.o_O

Worth watching "What broke the rental market" on ABC iView.

We are not alone in the world in shortage of rentals
 
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