A very good idea from Labor.
Private enterprise in this country is so risk adverse that basically everyone in this country who has an idea has to go elsewhere to get it developed.
If the private sector does not support Australian inventions then the government should.
I think you must treat this with an even hand Noco. NSW is a Labor State and debt and deficit is really their doing.Judith Sloan very nicely sums up the difference between a Labor run state and a Liberal run state.
Queensland has the biggest debt ($80 billion and climbing) thanks Labor's Peter Beattie and Anna Bligh which Newman's LNP tried to revive with asset sales.
Compare that to the NSW Liberal state government who are almost debt free.
Labor have no idea how to manage our finances.
I think you must treat this with an even hand Noco. NSW is a Labor State and debt and deficit is really their doing.
Of course Bolt, being the penultimate socialist, continues to pigeon hole people into social and political camps, denying the idea of individual freedom of expression:- if you aren't a supporter of the Liberal Party of Australia union, you are contemptible and need rehabilitating.
Is that so ...well read the extract from the Australian.
Take the case of NSW. The latest* budget update inflates the budget surpluses that the state will run this year and the next three. Surpluses of $2.6 billion each year on average are now predicted, a significant jump from the expectation of the state budget. Additional conveyancing stamp duties of $863 million are now expected*, reflecting the buoyant, albeit cooling, Sydney residential real estate market.
But the really big-ticket item is the state’s successful sale of its electricity poles and wires (TransGrid) for $10bn and an additional $438m in transfer duty paid by the successful bidder.
This was a brilliant result, with the final sum made larger because of the Queensland government’s refusal to put any of its electricity assets up for sale, as well as an extra $2bn from the federal government as part of the Asset Recyclin*g program.
That comes on top of the successful leasing of ports and other asset sales by the NSW Coalition government.
This what Newman wanted to do for Queensland but that Useless Labor Party won the election with the propaganda from Labor and the unions on "DON'T LET THE LNP SELL YOUR ASSETS" and the naive swallowed it.
The Labor Party in NSW were thrown out of office also leaving behind a debt.
Labor left a debt of $12.5 billion in 2011.
That's not the point I'm making. Don't you ever get fed up listening to others whose credentials have never been tested, who wouldn't know you from a bar of soap and couldn't care less about balanced discussions?
The LNP in QLD stalled the economy and made us an indebted pariah state that even Victorians stay away from. Since the new govt there has been a marked upswing in construction and shortage of skilled labour.....you need to ask the coal face of industry not get facts second hand from a knucklehead who has a black heart.
Mate, I have given you the facts and a link to go with it but the rusted on Labor supporters just don't won't to accept the truth as to how bad the Labor Party are at managing our finances.
You state the Labor Party are doing a great job in Queensland not according to the latest reports which state construction work is at an all time low, unemployment is up and business confidence is way down and is the state with the highest debt thanks to the Beattie/Bligh government even in good mining times they still had to sell off $18 billion in assets.....Labor is holding Queensland back.....Labor has been asleep at the wheel since coming to office.....they have no plan for the future and are stumbling in the dark......Labor has ministerial problems with people who are incapable of doing their job....They have one member of parliament who has been in strife with women, who has been kicked out of the Labor Party and in the Premiers own words "he is not fit to be a member of parliament".
The LNP wanted to sell or lease some assets to pay for Labor's mismanagement and they went to the election with a mandate from the people and the rest is history as explained in my previous post.
I never said Labor were doing a great job did I?
The LNP in QLD stalled the economy and made us an indebted pariah state that even Victorians stay away from. Since the new govt there has been a marked upswing in construction and shortage of skilled labour.....you need to ask the coal face of industry not get facts second hand from a knucklehead who has a black heart.
Your words.
But you are quiet happy to defend them...I think you want 2 bob each way.
Janet Alberchtsen sums up the Labor Party in 2015 with her grading on various members of the Labor Party MPs.
Shorten’s leadership might have fitted better somewhere between Ben Chifley and Arthur Calwell, an improvement on Doc Evatt — perhaps. .
.
It's stupid statements like that that betraythe veneer of intelligence Janet likes to maintain. It just wreaks of kitchen table mummy and daddy indoctrination,from birth, into the hate Labor game.....which of course bleeds out into every other of her life where she hates anything that isn't agreeable to her own closed (juvenile) mind.
Of course political brainwashing is not confined to Liberal tragics.
My bet is that even at the height of sexual pleasure, Janet still has her fierce face on
I cannot believe you could stoop so low as to pass an opinion on Janet's sexual pleasure......You must be desperate to discredit this woman at all cost to the degrading of your own standards.
Shorten is so out of his depth, it's embarassing. I'm no great wrap for Tanya, but she couldn't be any worse than this!
Come back Paul Keating, all is forgiven.
I'll take economic arguments from either side of politics more seriously when they start applying the rules fairly.
Here's the latest example, this time it's IKEA ripping us all off but they're just one of many.
http://www.news.com.au/finance/busi...s/news-story/6f73d7e4eae3c91714382dba54f33154
A 3% tax rate it seems. Either make that the tax rate everyone pays or actually enforce the intent of the law and get the big boys to cough up what they owe.
If we can afford to give away money to foreign furniture companies then we should have no difficulty funding schools and hospitals first.
Have a straight turnover tax with no deductions. Simple and unavoidable.
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