Australian (ASX) Stock Market Forum

Useless Labor Party

Funny, old Rob seems to have changed his mind...

http://www.brisbanetimes.com.au/que...eed-for-queensland-senate-20131206-2ywsz.html

He put up the idea of a referendum from Opposition , but when he became Premier, well it just didn't seem to happen for some reason.

:rolleyes:

And here is the reason.


But Mr Borbidge said he now believed Queenslanders had no appetite for a Legislative Council.

“When we gave it consideration early in the term of our government, it was just clear that people would not accept the idea,” he said.

“They don't want it, they don't want more politicians, they think we have too many politicians already, so the idea of creating an upper chamber full or politicians is something that I think is anathema to the electorate.
 
Treasury:
Labor spending was a blow to economy after GFC, says report


A damning Treasury-commissioned independent review of the former Labor government’s unprecedented spending response to the global financial crisis has found it was a “misconceived” waste of money, fundamentally weakened Australia’s economy, almost destroyed parts of the manufacturing sector and *inflicted more long-term harm than good.

The review is also scathing of government failure on both sides of politics to address the budget crisis triggered by the $100 billion fiscal stimulus project, which has saddled the nation with the *fastest-growing public debt in the world. “There is no evidence fiscal stimulus benefited the economy over the medium term,” says the paper, to be released today.

It says the stimulus was “misconceived”, with an emphasis on transfer payments and “unproductive expenditure such as school halls and pink batts”.


http://www.theaustralian.com.au/nat...t/news-story/cf643cb89beac83cbdec6f27338556a7
 
Treasury:
Labor spending was a blow to economy after GFC, says report


A damning Treasury-commissioned independent review of the former Labor government’s unprecedented spending response to the global financial crisis has found it was a “misconceived” waste of money, fundamentally weakened Australia’s economy, almost destroyed parts of the manufacturing sector and *inflicted more long-term harm than good.

The review is also scathing of government failure on both sides of politics to address the budget crisis triggered by the $100 billion fiscal stimulus project, which has saddled the nation with the *fastest-growing public debt in the world. “There is no evidence fiscal stimulus benefited the economy over the medium term,” says the paper, to be released today.

It says the stimulus was “misconceived”, with an emphasis on transfer payments and “unproductive expenditure such as school halls and pink batts”.


http://www.theaustralian.com.au/nat...t/news-story/cf643cb89beac83cbdec6f27338556a7

dutchie, your link is for subscribers only...Could copy and paste the link?
 
Treasury:
Labor spending was a blow to economy after GFC, says report


A damning Treasury-commissioned independent review of the former Labor government’s unprecedented spending response to the global financial crisis has found it was a “misconceived” waste of money, fundamentally weakened Australia’s economy, almost destroyed parts of the manufacturing sector and *inflicted more long-term harm than good.

The review is also scathing of government failure on both sides of politics to address the budget crisis triggered by the $100 billion fiscal stimulus project, which has saddled the nation with the *fastest-growing public debt in the world. “There is no evidence fiscal stimulus benefited the economy over the medium term,” says the paper, to be released today.

It says the stimulus was “misconceived”, with an emphasis on transfer payments and “unproductive expenditure such as school halls and pink batts”.


http://www.theaustralian.com.au/nat...t/news-story/cf643cb89beac83cbdec6f27338556a7


I can't find that paper on the Treasury site, but that hasn't stopped Labor getting their knickers in a twist (according to article):


http://www.theage.com.au/business/t...roductive-during-the-gfc-20161209-gt7k7g.html
 
Billy Gordon is becoming a headache for the Palaszczuk state Labor Government as Craig Thomsom was for Gillard....

She has to some how protect and hang on to Billy for her survival.

Billy had his drivers license suspended for drunk driving and for driving without a license.....He is behind in child support payments to two previous partners and is guilty of sending dick pics........What more do they need to kick him out of parliament?...If it had been an LNP MP he would have been kicked out long ago just as O'Driscoll was in Redcliffe.

http://www.couriermail.com.au/news/...t/news-story/376c299140b53f05c4cf345393402e27
 
And Brandis is for Turnbull. :D

Oh dear Rumpy, how could you possibly compare the two?

Has Brandis had his drivers license suspended for drunk driving and without a license/?

Is Brandis behind in child support to two ex partners and their kids?

Does Brandis send dick pics to other women?

Fair suck at the sauce bottle.
 
The Queensland state Labor and Annastasia Palaszczuk are taking full credit for getting the Adani coal mine up and running when in fact as recent as the last few months they tried to put a water obstacle in the way.....Labor also funded the Greens in 11 court actions to try and stop the mine.

Palaszczuk should be ashamed of her self...she has cost Queensland a half a billion dollars in royalties alone apart from the jobs that could have been created.


http://www.couriermail.com.au/news/...l/news-story/279d824cc393c3c8ab9aee10d21ea27c


THE two-year delay in approving the giant Adani Carmichael coal mine has already cost Queenslanders around half-a-billion dollars in lost royalties.

And guess what? You funded the outlandish greenie court actions that forced Adani to delay the project.

Blame the ALP-Green alliance. Especially blame Yvette D’Ath, who announced a $1 million handout in July 2015 for the Environmental Defenders Office, the group accused in Parliament of greenie “lawfare” against the resources sector.

“The Environmental Defenders Office offers free legal advice and acts for individuals, community groups and conservation groups seeking to protect the environment in the public interest,” D’Ath said when handing over the cash.

In the public interest? I don’t think so.

Premier promises no 457 visa jobs at Adani

The delay not only caused lost royalties but delayed thousands of jobs not only at the mine but in building the rail and port infrastructure.

So forgive me if I don’t join the merrymaking by Premier Annastacia Palaszczuk and Mines Minister Anthony Lynham who gushed while hogging the limelight when the project launched in Townsville this week.

Palaszczuk’s sincerity gap is widening. Thanks to her and Lynham and their greenie comrades, the project nearly didn’t go ahead at all.

Suffer the families in Mackay, Moranbah and Townsville who were left unemployed in the mining downturn.

Some people lost their homes while waiting for the *industry to pick up.

Thanks to the Labor Government funding the EDO challenge, Adani was in the courts for 68 months defending its approvals.

It had hoped to start digging 25 million tonnes a year by 2014, with production climbing to 60 million tonnes a year in future years.

I calculate the lost royalties at $235.5 million in the first year alone based on the spot price of thermal coal.

Environmentalists slam Adani coal mine

And it gets worse. The same taxpayer-funded EDO is also using the courts to delay New Hope’s Acland mine expansion near Oakey and the GVK Group’s Kevin’s Corner project west of Emerald.

How many more jobs will be sacrifice on Labor’s green altar?

How many millions in *royalties will be lost?

It’s high time Palaszczuk closed the legal loopholes *allowing challenges from green activists, most of whom live in Latte Land thousands of kilometres from the project.

Opposition Leader Tim Nicholls condemned the *delays.

“It has taken two years for Labor to get off their backsides and come to the party,” he said.

“In that two years, there could have been thousands of jobs created and hundreds of millions of dollars in royalties in the pipeline.

“The fact is that Queenslanders are paying the price for this asleep-at-the-wheel Labor Government after the LNP did all the hard yards.


The delay not only caused lost royalties but delayed thousands of jobs not only at the mine but in building the rail and port infrastructure. Picture: Tara Croser
“While the project languished under Anna Bligh’s Labor, the former LNP government moved quickly to approve the environmental impact statement, create the Galilee Basin Development Strategy to fast-track major resource projects and streamline rail access to the port, and propose a land-based solution for dredge material at Abbot Point.

“Just four weeks ago, it was the LNP which had to convince Labor to exempt the Adani project from further *potential court challenges to its water licence.

“Until then, Labor was set to impose yet another layer of environmental red tape.”

LNP mines spokesman Andrew Cripps accused Palaszczuk and Lynham of hypocrisy.

“Labor’s crowing is a sham and a shame,” he said.

“The Government’s approval of the mining lease came only after 18 months of sustained LNP pressure.

“While Labor has funded 11 cases brought by Green groups against the project, the LNP has taken up the fight with five motions in the Parliament supporting either the mining *industry or the Carmichael mine specifically.

“The Premier’s grandstanding is just another kick in the guts for the more than 1500 young north Queenslanders who have lost their jobs in the past month.

“If every job at this mine does not go to a Queenslander, she has failed us all yet again.”
 
The Queensland state Labor and Annastasia Palaszczuk are taking full credit for getting the Adani coal mine up and running when in fact as recent as the last few months they tried to put a water obstacle in the way.....Labor also funded the Greens in 11 court actions to try and stop the mine.

Palaszczuk should be ashamed of her self...she has cost Queensland a half a billion dollars in royalties alone apart from the jobs that could have been created.

....

You know how you don't like the Green and the Reds (Socialists?).

You don't like their politician's bs, lies and more lies. Or you don't like the idea of their platform? Like helping the poor and provide clean air and potable water for everyone.

I read your recount of the tough times you, and I'm assuming most other Australians, were doing it really tough noco. Thanks for sharing... was replying some long **** response but then even I got tired of reading it so yea...

Point I'm trying to make is that Australia, and societies in general... are living better quality of life, having more opportunities to advance themselves etc. All the progress are really from the work of what people call tree huggers, dreamers, idiots and Socialists commies.

The people aren't better off because of some big generous capitalist/industrialists; innovation don't come from monopolists and tycoons who have corner some market and bought off enough political influence to keep it that way.

That kind of trickle down benevolence has never work, ever. It wasn't the cause of great social and economic, technological progress since you were young either; and it's not the cause of any progress in recent decades either.

Innovations came about when young people were educated, given opportunities to study and advanced themselves and society. They have never came from telling the kids to go and get a freaking job and leave innovations to the selected gentry.

Anyway, not saying Green and Labor are all good politicians; or that Liberals are all a holes. Just we might be screwed by both.
 
Labor in Victoria cancelled East-West Link at a cost of $1.1bn to ultimately propose an alternative that's twice as expensive.

http://www.abc.net.au/news/2016-12-...billion-dollar-melbourne-road-project/8110168

We're presently going through the same debate in Perth with regard to an extension to Roe Highway from Kwinana Freeway to Stock Road (Roe 8). Labor's alternative should they take office in March and cancel the Roe 8 construction contracts will also be far more expensive.
 
Labor in Victoria cancelled East-West Link at a cost of $1.1bn to ultimately propose an alternative that's twice as expensive.

http://www.abc.net.au/news/2016-12-...billion-dollar-melbourne-road-project/8110168

We're presently going through the same debate in Perth with regard to an extension to Roe Highway from Kwinana Freeway to Stock Road (Roe 8). Labor's alternative should they take office in March and cancel the Roe 8 construction contracts will also be far more expensive.

Daniel Andrews should be in prison.:mad:
 
Daniel Andrews should be in prison.:mad:

I seem to recall the LNP Govt signed a crony contract a couple of weeks before an election they were tipped lose? It was also in the courts with protesting councils?

If the Labor govt signed a deal for a lot of money in the face of the LNP promising to tear up the contract post election, would same rules apply? Of course both sides of the fence to argue the benefits of their own virtues as being justified to sign the contract.
 
Top