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Legendary Gerry
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Australia
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Posted - 17 May 2013 :  16:53:08  Show Profile Send Legendary Gerry a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by bigcol

You know what Simon. We said exactly that in QLD and believe me it can get worse


That was just a typical Abbott BS spin speech.
There is no direction, no policy and plenty of BS rhetoric.

Nobody will be worse off. Heard red headed clown on the radio saying a single 30 year old male will retire with 130 grand less under Abbott.

I've got one question Tony. Where's the money coming from seeing you're going to cut some taxes, add a couple of new ones and you're saying that nobody will be worse off

Abbott has already come out and said he'll do audit similar to one Costello did in QLD.
Better hope you don't have Costello do it as all he will say is sell more stuff. But there isn't a conflict of interest seeing Costello owns a company that specialises in the sale of government assets.


FFS surely some one with a bit of an idea can get a political party going that actually has clue instead of these dimwitted arseholes from the Lieberals/Nationals and Labor



That's ok 'cause I can't see too many single 30 yo males retiring
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bundy5
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Posted - 17 May 2013 :  19:25:28  Show Profile Send bundy5 a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by willsy

I thought in general the public in QLD are now quite satisfied with Newman bigcol?



They are but some (mostly the rusted on labor supporters) just can't or won't ever support him.

quote:
Originally posted by AlbertM

quote:
Originally posted by bundy5


It doesn't matter if you are deciding between buying a bar of chocolate or whether you want take out, it's all discretionary spending and it seems that this sort of spending is being harder to justify given the state of the economy and the pinch that some people are feeling.



That is nothing new and certainly not limited to the current government. And there is nothing in the Coalition locker to change that.


I agree it's nothing new - first really started when Rudd came to power

To respond to Bruce in the NRL thread: it is probably the single hardest loss I have had to deal with at Souths to lose Bully. Much worse than Sam Burgess as he didn't symbolise Souths as Bully did. I think a lot will underestimate just how much a loss he will be to Souths but I fully understand how engrossed he is with NZ and I think given that he will make the successful transition that others haven't.

Edited by - bundy5 on 17 May 2013 19:30:39
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Trev
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Australia
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Posted - 18 May 2013 :  00:45:04  Show Profile  Visit Trev's Homepage Send Trev a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by Zac

quote:
Originally posted by AlbertM

Baby bounus was Labor policy?

A planned $15b parental leave scheme, LPG rebate, first home buyer grant...Oh yeah the Coalition are limited spenders.

Oh yes, the baby bonus. Peter Costello's brainwave from 2002 (silly idea even then) and such a silly idea that it was kept on by the current government for another six years.

Whatever spending plans, limited or otherwise, that the Coalition might have, they surely couldn't manage to clock up debt like this current government. We're up to approximately $220,000,000,000 in six years, despite record revenues. We've actually spent $220 billion more than we've earned in six years? Hard to believe, eh? I'm not seeing massive infrastructure, or anything much at all in fact, for that. There's the NBN on the way, estimated to cost between $40 billion to $70 billion, depending who you listen to - but of course, none of the cost of the NBN has been factored in yet.

I don't have a lot of faith in a Tony Abbott lead government, but I'm certain (if it's elected, of course) that it would never get close to Labor silly ideas, spending and waste.



Yeah terrible debt, so much so that the ratings bureaus kept us at AAA rating.

Now that you are talking about debt, $100,000 income and $18,000 debt - hmmmmm, not too bad really, lowest debt of the OECD countries after the worst GFC is how many years?

I reserve the right to arm bears
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Legendary Gerry
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Posted - 18 May 2013 :  08:08:10  Show Profile Send Legendary Gerry a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by Trev

quote:
Originally posted by Zac

quote:
Originally posted by AlbertM

Baby bounus was Labor policy?

A planned $15b parental leave scheme, LPG rebate, first home buyer grant...Oh yeah the Coalition are limited spenders.

Oh yes, the baby bonus. Peter Costello's brainwave from 2002 (silly idea even then) and such a silly idea that it was kept on by the current government for another six years.

Whatever spending plans, limited or otherwise, that the Coalition might have, they surely couldn't manage to clock up debt like this current government. We're up to approximately $220,000,000,000 in six years, despite record revenues. We've actually spent $220 billion more than we've earned in six years? Hard to believe, eh? I'm not seeing massive infrastructure, or anything much at all in fact, for that. There's the NBN on the way, estimated to cost between $40 billion to $70 billion, depending who you listen to - but of course, none of the cost of the NBN has been factored in yet.

I don't have a lot of faith in a Tony Abbott lead government, but I'm certain (if it's elected, of course) that it would never get close to Labor silly ideas, spending and waste.



Yeah terrible debt, so much so that the ratings bureaus kept us at AAA rating.

Now that you are talking about debt, $100,000 income and $18,000 debt - hmmmmm, not too bad really, lowest debt of the OECD countries after the worst GFC is how many years?



There's that false statement again...
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Zac
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Australia
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Posted - 18 May 2013 :  08:27:16  Show Profile Send Zac a Private Message  Reply with Quote Copy this URL to Link to this Reply
Yeah, what is that "$100,000 income and $18,000 debt" thing, Trev? I really can't work it out at all.
quote:
Originally posted by Trev
Yeah terrible debt, so much so that the ratings bureaus kept us at AAA rating.

Now that you are talking about debt, $100,000 income and $18,000 debt - hmmmmm, not too bad really, lowest debt of the OECD countries after the worst GFC is how many years?
I think I accidentally pressed your GFC button again. Sorry 'bout that.

The ratings bureaus mention is interesting. That'll be Standard & Poor's and Moody's, I imagine. Standard & Poor's (a division of McGraw-Hill Publishing) and Moody's have been blamed for helping cause the GFC in the first place. (I remember the US Treasury pointing out a little $2 trillion error in S&P's calculations for the US economy. How many zeroes are there in a trillion? I just checked. There's twelve, so that's $2,000,000,000,000. Easy to miss a little number like that.) Still we can always find someone to tell us how well we're doing, like whoever it was who told us that Wayne Swan was the 'World's Best Treasurer'.

Edited by - Zac on 18 May 2013 09:47:46
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bundy5
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Posted - 18 May 2013 :  08:42:59  Show Profile Send bundy5 a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by Zac

Yeah, what is that "$100,000 income and $18,000 debt" thing, Trev? I really can't work it out at all.
quote:
Originally posted by Trev
Yeah terrible debt, so much so that the ratings bureaus kept us at AAA rating.

Now that you are talking about debt, $100,000 income and $18,000 debt - hmmmmm, not too bad really, lowest debt of the OECD countries after the worst GFC is how many years?
I think I accidentally pressed your GFC button again. Sorry 'bout that.

The ratings bureaus mention is interesting. That'll be Standard & Poor's and Moody's, I imagine. Standard & Poor's (a division of McGraw-Hill Publishing) and Moody's have been blamed for helping cause the GFC in the first place. Still we can always find someone to tell us how well we're doing, like whoever it was who told us that Wayne Swan was the 'World's Best Treasurer'.



I can't help but think how right Costello was -

http://m.youtube.com/watch?feature=plpp&v=mmLeKISa7RA

To respond to Bruce in the NRL thread: it is probably the single hardest loss I have had to deal with at Souths to lose Bully. Much worse than Sam Burgess as he didn't symbolise Souths as Bully did. I think a lot will underestimate just how much a loss he will be to Souths but I fully understand how engrossed he is with NZ and I think given that he will make the successful transition that others haven't.
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Legendary Gerry
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Australia
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Posted - 18 May 2013 :  08:43:10  Show Profile Send Legendary Gerry a Private Message  Reply with Quote Copy this URL to Link to this Reply
http://online.wsj.com/article/BT-CO-...googlenews_wsj

Goldman Sachs Cuts Aussie Dollar, Yen Forecasts


By Jessica Mead

Goldman Sachs slashed its forecasts on the Australian dollar, citing Australia's deteriorating economic fundamentals, falling commodity prices and slower Chinese economic activity.

The bank now sees the Australian dollar trading at $0.97 against the dollar in three months compared with a previous forecast of $1.05. It now expects the Aussie dollar to trade at $0.96 against the dollar in six months, from a previous forecast of $1.03, and to trade at $0.90 in 12 months. Its previous 12-month forecast was $0.98 against the dollar.

"Our view remains predicated on Australia's deteriorating fundamentals, prospects for lower commodity prices, slower Chinese activity and the likelihood that the search for yield will decline as global growth sustainably recovers," the bank said Thursday in its monthly foreign-exchange update, distributed to media Friday.

A weaker Australian dollar is one of Goldman Sachs's top currency themes for 2013. At 0850 GMT, the Australian dollar was trading at $0.9738 against the greenback, having weakened 6% in May.

Goldman Sachs cut its forecasts for the Japanese yen and now sees the dollar trading at Y105 against the yen in both three and six months' time and at Y110 in 12 months. It had previously seen the dollar at Y102, Y105 and Y105 respectively. The dollar is trading at about Y102.50.

It said that the tweak to its forecasts had been precipitated by a patch of better data from the U.S. and the rapid rise in U.S. yields, as the potential for the Federal Reserve to taper quantitative easing came into focus.

The bank also slightly lowered its expectations for the euro against the dollar, and now sees the euro trading at $1.34 in three months and at $1.37 in six months compared with previous forecasts of $1.36 and $1.40. It kept its 12-month forecast at $1.40. The euro was trading around $1.2850 in mid-morning European trade Friday.

Write to Jessica Mead at jessica.mead@dowjones.com
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Zac
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Australia
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Posted - 18 May 2013 :  09:42:05  Show Profile Send Zac a Private Message  Reply with Quote Copy this URL to Link to this Reply
I had to check. It was 'Euromoney' magazine that bestowed 'World's Best' on Wayne Swan. Like I said, you can always find someone, but looking at the European economies, you wouldn't think they'd know what a good treasurer looks like.
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bigcol
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Australia
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Posted - 18 May 2013 :  16:21:30  Show Profile Send bigcol a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by bundy5

quote:
Originally posted by willsy

I thought in general the public in QLD are now quite satisfied with Newman bigcol?



They are but some (mostly the rusted on labor supporters) just can't or won't ever support him.

quote:
Originally posted by AlbertM

quote:
Originally posted by bundy5


It doesn't matter if you are deciding between buying a bar of chocolate or whether you want take out, it's all discretionary spending and it seems that this sort of spending is being harder to justify given the state of the economy and the pinch that some people are feeling.



That is nothing new and certainly not limited to the current government. And there is nothing in the Coalition locker to change that.


I agree it's nothing new - first really started when Rudd came to power



I've got family who are rusted on Nationals and even they're embarrassed by what's gone on in QLD

Straight from the Lieberal spin department.
Cost of living was well and truly on the way up before Rudd got voted in.
As was inflation, interest rates.
Housing affordability was in a nose dive.
Don't bull**** about cost of living when Howard oversaw some of the highest rises in wages, when we were paying more for nearly everything and making us even more un-competitive on the world stage

Now what about **** face Newman.
Water and power are well and truly on the rise and that was one of his election promises, and don't come back with it's because of the states finances that he's doing it.
He said he would keep them down and he hasn't so like Gillard and her Carbon Tax he's lying piece of **** too. So why aren't you condemning him

Now what do you think of his Infrastructure levy where he is trying to tax us. Yes Tax us. You Know I'll make it easy for the dumb **** LNP lovers.. I'll do it in Abbott speak so you can understand

THIS IS JUST A GREAT BIG NEW TAX

He's a lying ****ing dog because sitting in a bank account is 3 billion of Flood Relief from you guessed it the Federal Flood levy that we already paid for.
So what does the rest of Australia think of their hard earned flood relief levy money going into Cambie Pambies consolidated revenue

Don't even bother with the it's Labors fault according to Costellos lies in his not so independent commission, because this is just an outright lie and con job



Simon there's been a couple of polls up here that polled less than a thousand people at a time. Newman would be flat out holding onto to his own seat if there was an election.
There's rumours floating around up here that after the federal election there is going to be another lot of massive job cuts.
There are going to be a lot of pissed off people.
The spin is unbelievable. They're are privatising/outsourcing things by calling it contestabilty.
Now I've said this before. I don't now of too many things that have been privatised that didn't end up costing us more in the end.

ONLY LITTLE BOYZ WEAR BOWTIES
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Trev
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Australia
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Posted - 18 May 2013 :  16:48:01  Show Profile  Visit Trev's Homepage Send Trev a Private Message  Reply with Quote Copy this URL to Link to this Reply
See the Liberals 'Budget Reply' was out by a paltry $400,000,000, not too bad - bwahaahaaaaa

I reserve the right to arm bears
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willsy
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Australia
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Posted - 18 May 2013 :  16:54:17  Show Profile  Visit willsy's Homepage Send willsy a Private Message  Reply with Quote Copy this URL to Link to this Reply
1000 people in a poll is pretty decent I would of thought bigcol?

On the water front, SA pays the highest rates of the country now, and its under Labor here. Our Premier has said we are now in struggle street since Federal Labor has just cut $300mill in revenue from our budget.

I am pretty certain that the poor performance of Federal Labor with our money is really affecting us, especially if they are robbing the States to help their struggles.


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Legendary Gerry
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Australia
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Posted - 18 May 2013 :  17:12:34  Show Profile Send Legendary Gerry a Private Message  Reply with Quote Copy this URL to Link to this Reply
Labor is trying their scare tactics again in the lead up to this election - the Libs are going to increase the GST, they're going to hurt your Super etc.
This to me is just an attempt to deflect from all the broken promises of this term - they really have nothing else.
Do they really think that the voting public won't see it for what it is this time?
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Trev
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Posted - 18 May 2013 :  17:24:22  Show Profile  Visit Trev's Homepage Send Trev a Private Message  Reply with Quote Copy this URL to Link to this Reply
and the carbon tax is going to send Australia broke and the mining tax will scare all the miners off shore

I reserve the right to arm bears
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Zac
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Australia
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Posted - 18 May 2013 :  17:39:04  Show Profile Send Zac a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by Trev

See the Liberals 'Budget Reply' was out by a paltry $400,000,000, not too bad - bwahaahaaaaa
Says who? Someone trying to match him against Wayne Swan? No contest. $400,000,000 vs $19,000,000,000. Missed the podium by just $18,600,000,000. Tony hasn't got his his L plates on economic mismanagement yet.
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Legendary Gerry
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Posted - 18 May 2013 :  17:40:59  Show Profile Send Legendary Gerry a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by Trev

and the carbon tax is going to send Australia broke and the mining tax will scare all the miners off shore



The gov't isn't collecting much carbon tax so it is sending us broke and the mining is slowing up big time!!!!
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