The Gillard Government

[sptrawler]

Jeez bigdog, don't be so disrespectful, Julia's legs aren't that thin.

 

[Calliope]

Europes problems are over? Julia Gillard and the world's best treasurer advise Angela Merkel to follow Australia's example - but;

JULIA Gillard and Wayne Swan may as well bay at the moon as hope Australia's influence will change the mind of the Krupp's steel lady, Angela Merkel.

http://www.theaustralian.com.au/new...rm-clouds-gather/story-e6frg75f-1226398059444

 

[DB008]

Europes problems are over? Julia Gillard and the world's best treasurer advise Angela Merkel to follow Australia's example - but;

Ha. Good one.

I really wonder what sort of economic position Australia would be in without the mining boom?

 

[sptrawler]

Well we can't be in too good a position, labor brought in an austerity programe.
Retirement age lifted to 67
Amount that can be put into super reduced.
Increased indirect tax e.g carbon tax..
Increased personal tax rates.

Yep nothing like sharing this strong economy around and sharing the proceeds of the mining boom.
Oh yes forgot politicians wages up 50% with a corresponding increase in their super, what G.F.C they say.
Suck it up you whingers.

 

[noco]

Ha. Good one.

I really wonder what sort of economic position Australia would be in without the mining boom?

Gillard now believes she is an authority on economics and is about to teach the world. LOL.

It is a pity she can't admit she was handed a good solid economy in 2007 by the Howard Government. From what I have observed, most of the European countries had very high debt and deficiances before the GFC. They also did not have the luxury of a minerals boom as in Australia.

I believe the Labor Government should have been able to do twice as much with half the expenditure during the GFC instead of such waste as has been evident.

 

[noco]

http://www.couriermail.com.au/news/opinion/hot-air-wont-ease-burdens/story-e6frerdf-1226397994663
Somebody please tell Ms. Gillard if she wants the cream to come out first, milk the cow while it is laying on it's back with its feet up in the air. Mmmmmmmmmmmmmm.

 

[Calliope]

Julia Gillard an even worse prime minister than Kevin Rudd, according to Courier-Mail Galaxy Poll

http://www.couriermail.com.au/news/...mail-galaxy-poll/story-e6freooo-1226398096458

Why is Gillard perceived to be a worse PM than Rudd? It can't be his charm. I think a revisit to this video is in order.

http://www.youtube.com/watch?v=uOUFKZBpFTY&feature=player_embedded

 

[Eager]

I really wonder what sort of economic position Australia would be in without the mining boom?

The entire mining industry of Australia only accounts for 10% of GDP.

http://en.wikipedia.org/wiki/Economy_of_Australia

 

[Julia]

The entire mining industry of Australia only accounts for 10% of GDP.

http://en.wikipedia.org/wiki/Economy_of_Australia

A bit of selective quoting there, Eager. Here is the whole paragraph.

The Australian economy is dominated by its service sector, representing 68% of GDP. The mining sector represents 10% of GDP; the "mining-related economy" represents 9% of GDP - the total mining sector represents 19% of GDP.[19] Economic growth is largely dependent on the mining sector. The economy expanded by 0.4% in the fourth quarter of 2011, and expanded by 1.3% in the first quarter of 2012.[20]

Note the phrase: "Economic growth is largely dependent on the mining sector."

 

[drsmith]

The entire mining industry of Australia only accounts for 10% of GDP.

http://en.wikipedia.org/wiki/Economy_of_Australia

So, if we made the Greens day and phased out mining over a 10 year period, are you suggesting that would only impact economic growth by 1%pa over that 10 year period (1.9%pa if you include the "mining-related economy") ?

 

[Eager]

Julia - I was expecting such a reply! I am fully aware of the other 9%, and the growth in that sector. But no-one can denounce the theory that Aussie companies would still provide the necessary services and experience the exponential growth in the mining services industry if the mines were actually located overseas...lower dollar and companies such as BLY, BKN, IDL, MAH ra ra ra.

 

[Glen48]

When you add in things like the cab driver who picks up the FIFO or the shop selling welding equipment it has to go much further the rest can make their own arrangements.

 

[Eager]

So, if we made the Greens day and phased out mining over a 10 year period

Please cite.

 

[drsmith]

But no-one can denounce the theory that Aussie companies would still provide the necessary services and experience the exponential growth in the mining services industry if the mines were actually located overseas...

Like Greece ?

 

[Eager]

Like Greece ?

WTF are you on????

 

[drsmith]

Please cite.

If you insist.

The entire mining industry of Australia only accounts for 10% of GDP.

http://en.wikipedia.org/wiki/Economy_of_Australia

 

[drsmith]

WTF are you on????

Common sense.

You should try it sometime.

 

[Julia]

When you add in things like the cab driver who picks up the FIFO or the shop selling welding equipment it has to go much further the rest can make their own arrangements.

Yes, good point.

Julia - I was expecting such a reply! I am fully aware of the other 9%, and the growth in that sector. But no-one can denounce the theory that Aussie companies would still provide the necessary services and experience the exponential growth in the mining services industry if the mines were actually located overseas...lower dollar and companies such as BLY, BKN, IDL, MAH ra ra ra.

Oh, please. Let's just shut all the mining down, ancillary services with it, and see how Australia goes.

Ms Gillard might find it a tad more difficult to lecture her European colleagues about Australia's great success then. Heavens, she and Mr Swan might just regret having so bad mouthed the big mining company principals.

 

[sptrawler]

Common sense.

You should try it sometime.

Priceless.

I was thinking this forum was being hijacked by dicks, thanks for bringing it back to reality drsmith.

 

[Calliope]

Priceless.

I was thinking this forum was being hijacked by dicks, thanks for bringing it back to reality drsmith.

Don't be too hard on our young Eager Beaver. The poor guy is punching above his weight, and needs guidance.