The Gillard Government

[sydboy007]

Well then up the cost on the tonnage royalties untill it makes sense to value add here.
Lets not forget most of these companies are overseas owned.
Why the hell would you put in place a tax on profits, when overseas mining companies are selling to parent companies.
Why wouldn't you work out the recovery cost compared to competing countries and tax accordingly.
Then allow them a discount if they are prepared to value add in Australia.

Please explain how that would work?

If you surmise the cost of bauxite is roughly the same globally, and other countries can smelt aluminium cheaper than in Australia because they don't require as much electricity to do it, then why prob up an inefficient industry.

basically you're asking the Govt to give up royalties to prop up the industry, which means other taxes have to be higher to make up the revenue shortfall, because I question if the increase in production would generate enough profit to make up for loss of royalties. Sounds very like how the Chinese run their economy.

 

[sptrawler]

So your proposing the Govt pick winners?

I thought the person willing to pay the highest price gets to buy? As a shareholder in BHP or RIO would you be OK forced to sell your product to a local company at a discount? That kind of system just leads to inefficiency.

Not exactly sure what you mean by if the process cost is low and the raw material export cost is increased

Sounds not too free market to me.

After $30+ billion in handouts to the car industry they still can't compete. I'd argue that money would have been better spent on funding biomedical research, agricultural crop improvements (along the lines of BT cotton or wheat that can grow in saline conditions) building infrastructure to improve economic growth, funding the CSIRO and other institutions doing basic scientific research. Heck, investing it so that the brilliant ideas generated here can also be commericalised here, rather than sold off cheaply to overseas companies.

The great things with IP is you don't need to make it. Come up with a new drug, new drought resistant form or wheat / soy and you then team up with a global company that has the marketing and production resources to sell it around the world. License the IP to them and rack in the royalty cheques for years to come. The CSIRO is going to get half a billion in royalties for their patents for wireless communications.

I don't see anyone offering those kind of solutions for the next engine our of economic prosperity.

Can you tell me how much money we've made out of cochlear?

 

[sydboy007]

Can you tell me how much money we've made out of cochlear?

In what way?

Share investors have done OK. The applied science and continual product improements are done mainly in Australia. The knowledge is generated here.

Investors in CSL have done pretty well too. I remember not long after moving to Sydney they did the IPO for $2 a share. I thought who wants to invest in a crappy worn out Govt business. Sigh

My point is we need to stop thinking like 19th century mercantalists and realise that knowledge is power and wealth.

Think Google. They have an algorithm that ranks search results in a way that most people find gives them the information they want. They make billions a year, yet have no physical product.

It is these knowledge based industries that Australia should be focused on and investing in. Let other countries waste their subsidies funding companies that can't compete on their own. They'll be the poorer for it as they wont be able to invest in the knowledge industries.

We need to have companies in hgih valued exports so we don't have to race to the bottom to compete against vietnam or india in wages. I look to Germany as a country to emulate, or the Swiss with their large biotech industries. High paying jobs in companies that are world leaders. No ones buys from them because they're cheap , they buy because of the quality and reliability of their products.

 

[sptrawler]

Please explain how that would work?

If you surmise the cost of bauxite is roughly the same globally, and other countries can smelt aluminium cheaper than in Australia because they don't require as much electricity to do it, then why prob up an inefficient industry.

basically you're asking the Govt to give up royalties to prop up the industry, which means other taxes have to be higher to make up the revenue shortfall, because I question if the increase in production would generate enough profit to make up for loss of royalties. Sounds very like how the Chinese run their economy.

Don't knock the Chinese, I've been at the universities, the libaries and computers are chock full of Asians, the bars are full of Aussies.
This is the problem that has beset us since I was a kid in the 70's on the Kwinana strip, we asked "why are we not value adding".
Now 40 years later I'm having to explain myself to you.
Obviously it's not going to happen and we will end up at the lowest common denominator.

 

[sptrawler]

In what way?

Share investors have done OK. The applied science and continual product improements are done mainly in Australia. The knowledge is generated here.

Investors in CSL have done pretty well too. I remember not long after moving to Sydney they did the IPO for $2 a share. I thought who wants to invest in a crappy worn out Govt business. Sigh

My point is we need to stop thinking like 19th century mercantalists and realise that knowledge is power and wealth.

Think Google. They have an algorithm that ranks search results in a way that most people find gives them the information they want. They make billions a year, yet have no physical product.

It is these knowledge based industries that Australia should be focused on and investing in. Let other countries waste their subsidies funding companies that can't compete on their own. They'll be the poorer for it as they wont be able to invest in the knowledge industries.

We need to have companies in hgih valued exports so we don't have to race to the bottom to compete against vietnam or india in wages. I look to Germany as a country to emulate, or the Swiss with their large biotech industries. High paying jobs in companies that are world leaders. No ones buys from them because they're cheap , they buy because of the quality and reliability of their products.

How much does cochlear, as a spin off from CSIRO give Australia as royalties or intelectual rights?

This is where Labors platform comes from and probably your job as it relates to IT, this is your future.
How much does Australia gain from this cutting edge technology, which will be a beacon for our future?

By the way do yu know someone who goes by the name of starcraft master?

 

[sydboy007]

How much does cochlear, as a spin off from CSIRO give Australia as royalties or intelectual rights?

This is where Labors platform comes from and probably your job as it relates to IT, this is your future.
How much does Australia gain from this cutting edge technology, which will be a beacon for our future?

Your focusing on the wrong value add.

We can make so much more money from creating IP than we'll ever make turning iron into steel or bauxite into aluminium.

I would agree turning some of our natural gas into feedstock for plastics or fertiliser could be worthwhile since the value can be up to 20 times that of the raw materials.

 

[sptrawler]

Your focusing on the wrong value add.

We can make so much more money from creating IP than we'll ever make turning iron into steel or bauxite into aluminium.

I would agree turning some of our natural gas into feedstock for plastics or fertiliser could be worthwhile since the value can be up to 20 times that of the raw materials.

Mate your losing it, are you a call centre?

 

[sydboy007]

Mate your losing it, are you a call centre?

Have a chat to Tom Albanese about what a wonderful business Alcoa is.

The Chinese have so much over capacity in aluminium that the price will never get much above break even.

Australia's problem is we don't foster those with great ideas and capture more of the value of the IP we produce.

i think you've been talking to your mate Barnaby too much. Better get away from the agrarian socialists and more to the free marketers

 

[bunyip]

How about that fruitcake who made a fake press release that ANZ had withdrawn funding from Whitehaven Coal because of environmental concerns!
The share price took a dive, some investors took a bath, then the share price recovered when the press release was revealed as fake.
No doubt investors who got burnt are less than impressed by this stupid greenie who's now facing criminal charges. Hopefully they’ll make an example of him by throwing him in the slammer for a few years.
Any responsible politician would condemn this type of action. Not so Christine Milne, who applauds him for taking a stand against the coal industry. The Greens would gladly shut down this multi-billion dollar industry if they could.
This is the same party that Gillard and her cronies are in bed with.
Gillard really knows how to choose her friends. She’d befriend people like Adof Hitler and Robert Mugabe if she thought they could help to keep her in power.

 

[bigdog]

BEST BARTENDER JOKE EVER

An Ex-Lawyer, a Pathological Liar, a Fraudster, an Atheist and a Communist walk into a BAR.

Bartender asks....

"What'll it be, Ms. Gillard?"

 

[pixel]

this must be worth more than 1023 words

 

[Aussiejeff]

this must be worth more than 1023 words

View attachment 50370

Another Classic Catch there, pixel.....

On Juliar's score sheet, it would no doubt read "Retired HURT".

 

[DB008]

Have a chat to Tom Albanese about what a wonderful business Alcoa is.

You can add Marius Kloppers (BHP CEO) to RIO's CEO as a muppet too.

They (BHP + RIO) like to purchase assets at the top of a cycle and offload them near rock bottom prices.



Anyways, why hasn't the new media laws been spoken about? Or have they, and I have missed the boat?

Nicola Roxon's discrimination laws draw flak from media

THE nation's media giants have slammed Labor's plans to make it unlawful to offend or insult people under the proposed overhaul of discrimination law, warning it could encourage audiences to be unnecessarily thin-skinned and outlets to restrict contentious or complex material.
http://www.theaustralian.com.au/media/nicola-roxons-discrimination-laws-draw-flak-from-media/story-e6frg996-1226549911052

What happens when the next 'offensive' cartoon is published and Muslims go on another rampage through Sydney? Will there be proper reporting or a watered down version not to risk offending anyone?

 

[sydboy007]

You can add Marius Kloppers (BHP CEO) to RIO's CEO as a muppet too.

They (BHP + RIO) like to purchase assets at the top of a cycle and offload them near rock bottom prices.



Anyways, why hasn't the new media laws been spoken about? Or have they, and I have missed the boat?



What happens when the next 'offensive' cartoon is published and Muslims go on another rampage through Sydney? Will there be proper reporting or a watered down version not to risk offending anyone?

Tony Abbott has delivered a commitment to remove key elements of Section 18C of the Race Discrimination Act (RDA).

To expand:

4””Racial vilification

A person must not, by a public act, incite hatred towards, serious contempt for, or severe ridicule of, a person or group of persons on the ground of their race by””

(a) threatening physical harm to the person, or members of the group, or to property of the person or members of the group; or

(b) inciting others to threaten physical harm to the person, or members of the group, or to property of the person or members of the group.

So if he gets this legislation through, then Islamic extremists will be able to say whatever they like. Holocaust deniers will be able to say what they like.

Do we want An Australian society that says this is OK?? Death to infidels. Death to sub human Jews.

 

[Calliope]

So if he gets this legislation through, then Islamic extremists will be able to say whatever they like. Holocaust deniers will be able to say what they like.

Do we want An Australian society that says this is OK?? Death to infidels. Death to sub human Jews.

The Racial Vilification Act does not prevent this now. Jihadists still say what they like now.

Australia's domestic spy agency ASIO says violent jihadist ideology still poses the greatest threat to Australia.

This exposure of you very own Lee Rhiannon's hatred of the Jews did not stop her getting elected as a Senator or shut her racist mouth.

NSW Greens are threatening to use expensive defamation litigation to silence the many critics of their anti-Semitic, Israel-hating boycott of Jewish commerce policy, dud Greens candidate Jamie Parker has excoriated “these Jews” who dared take him on and their Senator-Elect Lee Rhiannon says they’ve just begun to push their anti-Israel fanaticism and hopes to team up with the “Arab community” to smite the Jewish state ever more. The Uglies have put on their game-face.

http://www.vexnews.com/tag/lee-rhiannon/

 

[pixel]

Tony Abbott has delivered a commitment to remove key elements of Section 18C of the Race Discrimination Act (RDA).

To expand:

4””Racial vilification

A person must not, by a public act, incite hatred towards, serious contempt for, or severe ridicule of, a person or group of persons on the ground of their race by””

(a) threatening physical harm to the person, or members of the group, or to property of the person or members of the group; or

(b) inciting others to threaten physical harm to the person, or members of the group, or to property of the person or members of the group.

So if he gets this legislation through, then Islamic extremists will be able to say whatever they like. Holocaust deniers will be able to say what they like.

Do we want An Australian society that says this is OK?? Death to infidels. Death to sub human Jews.

Is that what TA wants to delete from section 18C? Or does he want to insert 4(a) and (b) into the Act?

If the former: How many radical muslim leaders have been brought to justice over this?
So it's got to be the latter - and then I can't see your objection because the idiots could finally be brought to account.
I still don't like that man, would much prefer MT; but if I have no other choice, I'll much rather have 4(a) and (b) inserted and rigorously enforced than see those morons get away with intimidation and murder. (As long as I'm allowed to continue pointing at the idiocy of their pretense of "religious dominance". I'm arguing to eradicate stupidity by education, not by killing all morons.)

 

[Calliope]

In a letter to all Australian Julia (i.e. John McTernan) said she had spent Christmas/New Year reflecting and also planning her strategy to defeat the forces of darkness.

She (they) decided the best method of attack was to bamboozle the opposition with a bunch of clichés;

But however you remember it, there is no going back there. You can't change it or relive it. But you can plan for and shape the future.

What's true for individuals, is true for our nation and our world.

We will never again live in a world without the fear of terrorism.

We'll never go back to a time before the internet.

We'll never see the global economy as it was before greed and poor regulation created the global financial crisis.

As a result, we won't see our nation relive days of zero savings and easy money.

As Asia rises, we won't go back to the days of an unchallenged and all-powerful America with Europe as a zone of sophistication and economic strength.

We won't go back to the days before the gender revolution, when women's role was confined within the boundaries set by men.

We'll never again see a world without global warming.

Our time is this time, in a modern world rapidly changing, where our future is never assured.

Read more,
http://www.heraldsun.com.au/news/na...age-to-australia/story-fncynkc6-1226552607981

 

[drsmith]

Whatever Kev did, Julia does better.

 

[Calliope]

If this little exchange is an indicator of what Roxon's anti-Discrimination Bill has in store for us then then I think political cartoonists will have very slim pickings.

Journalist: Is it appropriate for anyone to comment on the Prime Minister's clothing, including someone like Germaine Greer?

Roxon: No, it absolutely is not.

 

[Calliope]

The Gillard Government pursues it's war against freedom of speech!

Federal Government condemns LNP MP for Bowman Andrew Laming after he weighs into race tensions on Twitter with controversial tweet

The cause;

RACE TENSIONS: Racial violence erupted in Logan again last night, as police struggled to separate feuding groups for the third night, and Logan Mayor Pam Parker called for a "zero tolerance" approach from the multicultural community.

Laming tweeted;

Mobs tearing up Logan. Did any of them do a day's work today, or was it business as usual and welfare on tap?"

A perfectly reasonable statement, I would say,...but;

Federal Trade Minister Craig Emerson told the ABC Mr Laming's quotes were disgraceful and callous, and inflaming a tense situation for political gain was appalling

.
It just reinforces my view that Emerson is an over-educated idiot.
Read more,
http://www.heraldsun.com.au/news/na...troversial-tweet/story-fndo45r1-1226553935301