International companies have warned the Gillard government that they may scale back investment plans in Australia due to carbon pricing, surging labour costs, the high dollar and political uncertainty.

Leading executives of multinational corporations claim that Australia’s business-friendly reputation is at risk and parent companies could shift resources to Asian nations.

http://catallaxyfiles.com/files/2012/08/regime-uncertainty.jpg

http://www.afr.com/p/national/global_ceos_challenge_labor_6A3YDPvIvFp89c5wVYZeFL

Shane B wrote on Aug 15^th, 2012 at 5:40pm:

International companies have warned the Gillard government that they may scale back investment plans in Australia due to carbon pricing, surging labour costs, the high dollar and political uncertainty. Leading executives of multinational corporations claim that Australia’s business-friendly reputation is at risk and parent companies could shift resources to Asian nations. http://catallaxyfiles.com/files/2012/08/regime-uncertainty.jpg http://www.afr.com/p/national/global_ceos_challenge_labor_6A3YDPvIvFp89c5wVYZeFL

Thats actually what andrei was saying in his ugly profits-first way. Like it or not, some of labors industrial relations laws are prehistoric and actually wind back some of Keatings reforms.

It would be good to see a lot of WorkChoices back in place. Wont happen tho. Unlike labor, Libs tend to uphold their big-ticket election promises.

'Political uncertainty' is code for you can't trust Labor.

They've got more backflips than a Chinese gymnast.

Shane B wrote on Aug 15^th, 2012 at 5:50pm:

'Political uncertainty' is code for you can't trust Labor. They've got more backflips than a Chinese gymnast.

and as much integrity.

SYDNEY--Getting Australian consumers to feel good about anything is proving to be next to impossible, as a key measure of confidence issued Wednesday showed a sharp fall in August even as positive economic signs emerged.

The Westpac-Melbourne Institute index of consumer sentiment fell 2.5% in August from July, down to 96.6 points in seasonally adjusted terms from 99.1 points.

The weakening comes despite recent aggressive interest rate cuts, encouraging news on the future stability of Europe, hefty one-off payments to families by the government and an economy showing near full employment.

Shane B wrote on Aug 15^th, 2012 at 5:50pm:

'Political uncertainty' is code for you can't trust Labor. They've got more backflips than a Chinese gymnast.

But they've got nuthin' on Tony!

http://media.fakeposters.com/results/2012/06/23/rlgx7lflhl.jpg

;D

buzzanddidj wrote on Apr 19^th, 2012 at 10:14am:

Australian economy leads the world Jessica Wright April 18, 2012 . http://www.bobsmeat.com/Portals/0/BlueRibbon.jpg Australia has the strongest economy in the developed world and it is expected to outperform all comers for at least the next two years, according to the International Monetary Fund.   The IMF - which issued its World Economic Outlook in Washington overnight - said it expected the Australian economy to expand by 3 per cent this year as fiscal tensions from Europe and the United States continue to ease. The body stated that after a major setback last year with the Eurozone crisis, the global prospect of far more stable financial conditions was gradually improving. The update said that it expects the Australian economy will outstrip growth over all other advanced economies over the next two years, noting we live in a region where exposure to troubled European banks was less than for other parts of the world. But it also warned that Australia was exposed to risk if economic conditions in the Middle East caused another oil price spike. The organisation revised up its global growth forecasts, with the global economy expected to grow by 3.5 per cent in 2012, up from 3.3 per cent in the January update. A forecast of global growth of 4.1 per cent in 2013 has also been revised up from 3.9 per cent. Global growth continues to be underpinned by solid growth in Asia, the report said. China's economy was expected to grow 8.2 per cent in 2012 and 8.8 per cent in 2013, while India was expected to grow 6.9 per cent in 2012 and 7.3 per cent in 2013. These forecasts were broadly unchanged from the IMF's January update. The IMF also forecasts Australia's unemployment rate to remain low at 5.2 per cent in both 2012 and 2013. "With solid growth, low unemployment, contained inflation, strong public finances and a record pipeline of business investment, the Australian economy is the standout performer of the developed world" The government has hit out at Opposition leader Tony Abbott for ''getting it wrong'' on the IMF growth forecasts. During a morning doorstop, Mr Abbott said the IMF report showed the local economy was ''underperforming'', as they had downgraded the economic growth forecast. ''It forecasts 3 per cent for the current financial year and it looks like we are going to get 2 per cent,'' Mr Abbott said. ''This is an underperforming economy and it's underperforming because of the poor economic management of the current government.'' But Mr Abbott's assertion was not correct, according to a spokesman for the Treasurer, who said the growth forecast of 3 per cent in 2012 had been the same since the start of the year. http://www.smh.com.au/opinion/political-news/australian-economy-leads-the-world-20120418-1x6ac.html#ixzz1sRHuTZEi

i






Who could ask for MORE ?ii

you dont work buzz so what would you know???..

and thats a bit old isnt it???..a few companies have closed up shop since then Caltex is one Ford is on the way out..you and Wayne mustnt read the news.

cods wrote on Aug 15^th, 2012 at 8:19pm:

you dont work buzz so what would you know???.. and thats a bit old isnt it???..a few companies have closed up shop since then Caltex is one Ford is on the way out..you and Wayne mustnt read the news.

And yet our economy keeps growing..jobs come and go and new ones are always being created to replace old redundant ones.
This has always been the case and it always will be.

We're only doing OK bcause China is still lending us money. How good will we be going when we can't borrow anymore money.

woof woof wrote on Aug 15^th, 2012 at 8:22pm:

We're only doing OK bcause China is still lending us money. How good will we be going when we can't borrow anymore money.

We are doing ok mainly because Australians are now net savers unlike in Howards time when Australian households were crippled under a mountain of growing debt.
Aussies are far better off than they were under Howard because now we are living within our means and saving for what we buy.
Debt debt and more personal debt was the catch cry of the Howard years

So what happens when China stops lending us money, seriously where are we then??

and if we are net savers now how will that help when we're 250billion in debt, are they going to come raid all our savings??

You haven't much of a clue have you???

adelcrow wrote on Aug 15^th, 2012 at 8:21pm:

cods wrote on Aug 15th, 2012 at 8:19pm: you dont work buzz so what would you know???.. and thats a bit old isnt it???..a few companies have closed up shop since then Caltex is one Ford is on the way out..you and Wayne mustnt read the news. And yet our economy keeps growing..jobs come and go and new ones are always being created to replace old redundant ones. This has always been the case and it always will be.

Thats simply not true... :) :)

adelcrow wrote on Aug 15^th, 2012 at 8:25pm:

woof woof wrote on Aug 15th, 2012 at 8:22pm: We're only doing OK bcause China is still lending us money. How good will we be going when we can't borrow anymore money. We are doing ok mainly because Australians are now net savers unlike in Howards time when Australian households were crippled under a mountain of growing debt. Aussies are far better off than they were under Howard because now we are living within our means and saving for what we buy. Debt debt and more personal debt was the catch cry of the Howard years

Sorry, but Australia's household savings ratio was declining since the 1970s.

It started to rise in the early 2000s and has been rising since then - partly due to the mining boom.

cods wrote on Aug 15^th, 2012 at 8:19pm:

you dont work buzz so what would you know???..

You bought Andrei's BULLSH!T, as WELL ?


For the record ...


I have NO mortgage
I have NO debts
I have NO energy bills
I have NO water bills

I work up to 20 hours a week
IF I want to
If I NEED to
WHEN I want to

Shane B wrote on Aug 15^th, 2012 at 5:40pm:

International companies have warned the Gillard government that they may scale back investment plans in Australia due to carbon pricing, surging labour costs, the high dollar and political uncertainty. Leading executives of multinational corporations claim that Australia’s business-friendly reputation is at risk and parent companies could shift resources to Asian nations. http://catallaxyfiles.com/files/2012/08/regime-uncertainty.jpg http://www.afr.com/p/national/global_ceos_challenge_labor_6A3YDPvIvFp89c5wVYZeFL

So what is your solution

Cut wages?
Re-regulate the $?

Gist wrote on Aug 15^th, 2012 at 8:03pm:

Shane B wrote on Aug 15th, 2012 at 5:50pm: 'Political uncertainty' is code for you can't trust Labor. They've got more backflips than a Chinese gymnast. But they've got nuthin' on Tony! http://media.fakeposters.com/results/2012/06/23/rlgx7lflhl.jpg ;D

Name one policy he's backflipped on.

Dsmithy70 wrote on Aug 15^th, 2012 at 9:22pm:

Shane B wrote on Aug 15th, 2012 at 5:40pm: International companies have warned the Gillard government that they may scale back investment plans in Australia due to carbon pricing, surging labour costs, the high dollar and political uncertainty. Leading executives of multinational corporations claim that Australia’s business-friendly reputation is at risk and parent companies could shift resources to Asian nations. http://catallaxyfiles.com/files/2012/08/regime-uncertainty.jpg http://www.afr.com/p/national/global_ceos_challenge_labor_6A3YDPvIvFp89c5wVYZeFL So what is your solution Cut wages? Re-regulate the $?

Remove carbon dioxide tax, remove mining tax, reduce influence of unions, abolish Fair Work Australia. That's a good start.

The Nanny State.....

In WA the Liberal Government is planning stop and search laws that gives police the legal right to stop and search anyone regardless of weather or not they have committed a crime...Despite the fact current laws allow police the right to stop and search anyone if they have probable cause or a suspicion a crime has been committed however police are held accountable for their actions under current laws.....New laws cannot be challenged by the public and officers no longer will have to explain their actions!!!

The Howard Government introduced legislation that gives police the right to detain anyone for several weeks without charge or explanation and even if the person is innocent that have no way to appeal (ala Dr Mohammad Haneef)!!!

The NSW LNP are planning to introduce legislation that bans shooters after midnight and bans glasses from all Kings Cross venues!!!

The WA Liberal party are planning to introduce legislation that will allow police to shut down parties enter private properties without a search warrant and charge residents for any damaged caused even if the people who caused the damage where not invited guests!!!

The list of freedoms and knee jerk reactions from LNP Governments is astounding and you cretins complain about the packaging of cigarettes as some sort of invasion on freedom.....WTF???

::) ::) ::)

Do you feel SAFER with the police dressed and behaving like a
para-military force, or do you feel THREATENED?

Me, I feel threatened.

Kat wrote on Aug 16^th, 2012 at 7:56am:

Do you feel SAFER with the police dressed and behaving like a para-military force, or do you feel THREATENED? Me, I feel threatened.

really?????

when I was growing up we did have a form of fear of the police.. if I was running and a copper came in sight I stopped running.. cant think why now, I just did..we were in awe of them..

now sadly the boot is on the other foot the police are maligned and I think we are lucky people still want to join the police force.,.they are almost the enemy...

we have allowed this to erode by the attitude of some magistrates and the laws in general..

kids know they cant be touched they flaunt it..how would you feel trying to stop old ladies from being mugged and bashed just to have the perp finger salute you because thats whats happening..


times have change people are taking potshots at coppers now.. they are unafraid these days.. you are just not told how many police a day go off on stress leave or injury leave we are not told.. but I can tell you you have far more police away from the job than come out of Goulburn academy

good on the cops if they can protect themselves anyway possible whilst they go about trying to keep the rest of us safe..

philperth2010 wrote on Aug 16^th, 2012 at 7:54am:

The Nanny State..... In WA the Liberal Government is planning stop and search laws that gives police the legal right to stop and search anyone regardless of weather or not they have committed a crime...Despite the fact current laws allow police the right to stop and search anyone if they have probable cause or a suspicion a crime has been committed however police are held accountable for their actions under current laws.....New laws cannot be challenged by the public and officers no longer will have to explain their actions!!! The Howard Government introduced legislation that gives police the right to detain anyone for several weeks without charge or explanation and even if the person is innocent that have no way to appeal (ala Dr Mohammad Haneef)!!! The NSW LNP are planning to introduce legislation that bans shooters after midnight and bans glasses from all Kings Cross venues!!! The WA Liberal party are planning to introduce legislation that will allow police to shut down parties enter private properties without a search warrant and charge residents for any damaged caused even if the people who caused the damage where not invited guests!!! The list of freedoms and knee jerk reactions from LNP Governments is astounding and you cretins complain about the packaging of cigarettes as some sort of invasion on freedom.....WTF??? ::) ::) ::)

the times we are living in has changed phil... we are just not told the stats these days...we have to give the power back to those that face the situation.. we now have it where the criminal has got more rights than the victim in our courts of law. its ridiculous.....

the cop is at the crime scene he sees and takes the evidence..then some lawyer twists and turns the laws.. and guess what it gets thrown out for some reason.


sorry mate I am all for law and order on our streets and if thats what it takes.. so be it.. I have not a thing to hide. I can assure you

cods wrote on Aug 16^th, 2012 at 8:17am:

Kat wrote on Aug 16th, 2012 at 7:56am: Do you feel SAFER with the police dressed and behaving like a para-military force, or do you feel THREATENED? Me, I feel threatened. really????? when I was growing up we did have a form of fear of the police.. if I was running and a copper came in sight I stopped running.. cant think why now, I just did..we were in awe of them.. now sadly the boot is on the other foot the police are maligned and I think we are lucky people still want to join the police force.,.they are almost the enemy... we have allowed this to erode by the attitude of some magistrates and the laws in general.. kids know they cant be touched they flaunt it..how would you feel trying to stop old ladies from being mugged and bashed just to have the perp finger salute you because thats whats happening.. times have change people are taking potshots at coppers now.. they are unafraid these days.. you are just not told how many police a day go off on stress leave or injury leave we are not told.. but I can tell you you have far more police away from the job than come out of Goulburn academy good on the cops if they can protect themselves anyway possible whilst they go about trying to keep the rest of us safe..

Cods, I'm not having a 'go' at the cops.

I have several mates who are cops.

Just saying that I don't feel 'safer' with para-military style cops around.

Armchair_Politician wrote on Aug 16^th, 2012 at 7:42am:

Dsmithy70 wrote on Aug 15th, 2012 at 9:22pm: Shane B wrote on Aug 15th, 2012 at 5:40pm: International companies have warned the Gillard government that they may scale back investment plans in Australia due to carbon pricing, surging labour costs, the high dollar and political uncertainty. Leading executives of multinational corporations claim that Australia’s business-friendly reputation is at risk and parent companies could shift resources to Asian nations. http://catallaxyfiles.com/files/2012/08/regime-uncertainty.jpg http://www.afr.com/p/national/global_ceos_challenge_labor_6A3YDPvIvFp89c5wVYZeFL So what is your solution Cut wages? Re-regulate the $? Remove carbon dioxide tax, remove mining tax, reduce influence of unions, abolish Fair Work Australia. That's a good start.

Perhaps you could take a ONE-EYED, PARTISAN viewpoint ?

Armchair_Politician wrote on Aug 16^th, 2012 at 7:41am:

Gist wrote on Aug 15th, 2012 at 8:03pm: Shane B wrote on Aug 15th, 2012 at 5:50pm: 'Political uncertainty' is code for you can't trust Labor. They've got more backflips than a Chinese gymnast. But they've got nuthin' on Tony! http://media.fakeposters.com/results/2012/06/23/rlgx7lflhl.jpg ;D Name one policy he's backflipped on.

Policy? You mean thought bubble don't you because Lieberals don't HAVE any policies.

But Backflip Tony backflips on a daily basis on the few thought bubbles he does have.

More warnings:

A landmark report by the research arm of McKinsey & Company warns that stalling productivity is a threat to Australia’s run of more than 20 years of economic growth and that it has been camouflaged by China’s voracious appetite for our coal and ore.

The report finds that labour productivity has been growing at a lacklustre 0.3 per cent a year since 2005, in stark contrast to the “golden age” of the 1990s when it was growing at 3.1 per cent… And the resources sector has been hit by higher costs and delays on mammoth projects.

To turn around productivity, the McKinsey Global Institute says, it is crucial to recommit to the microeconomic reforms that drove growth in the 1990s…

Shane B wrote on Aug 16^th, 2012 at 9:22am:

More warnings: A landmark report by the research arm of McKinsey & Company warns that stalling productivity is a threat to Australia’s run of more than 20 years of economic growth and that it has been camouflaged by China’s voracious appetite for our coal and ore. The report finds that labour productivity has been growing at a lacklustre 0.3 per cent a year since 2005, in stark contrast to the “golden age” of the 1990s when it was growing at 3.1 per cent… And the resources sector has been hit by higher costs and delays on mammoth projects. To turn around productivity, the McKinsey Global Institute says, it is crucial to recommit to the microeconomic reforms that drove growth in the 1990s…

Would they be LABORs reforms that they are talking about?
You know the reforms that gave us 18% interest rates, the recession we had to have?

Or are you going to try & play this off as 2005 - they are wrong because Howard was still PM they meant 2007
And the reforms of the 90's were after 96

cods wrote on Aug 16^th, 2012 at 8:21am:

philperth2010 wrote on Aug 16th, 2012 at 7:54am: The Nanny State..... In WA the Liberal Government is planning stop and search laws that gives police the legal right to stop and search anyone regardless of weather or not they have committed a crime...Despite the fact current laws allow police the right to stop and search anyone if they have probable cause or a suspicion a crime has been committed however police are held accountable for their actions under current laws.....New laws cannot be challenged by the public and officers no longer will have to explain their actions!!! The Howard Government introduced legislation that gives police the right to detain anyone for several weeks without charge or explanation and even if the person is innocent that have no way to appeal (ala Dr Mohammad Haneef)!!! The NSW LNP are planning to introduce legislation that bans shooters after midnight and bans glasses from all Kings Cross venues!!! The WA Liberal party are planning to introduce legislation that will allow police to shut down parties enter private properties without a search warrant and charge residents for any damaged caused even if the people who caused the damage where not invited guests!!! The list of freedoms and knee jerk reactions from LNP Governments is astounding and you cretins complain about the packaging of cigarettes as some sort of invasion on freedom.....WTF??? ::) ::) ::) the times we are living in has changed phil... we are just not told the stats these days...we have to give the power back to those that face the situation.. we now have it where the criminal has got more rights than the victim in our courts of law. its ridiculous..... the cop is at the crime scene he sees and takes the evidence..then some lawyer twists and turns the laws.. and guess what it gets thrown out for some reason. sorry mate I am all for law and order on our streets and if thats what it takes.. so be it.. I have not a thing to hide. I can assure you

A disgracefull erosion of freedoms.  If you are an completely innocent person, what right do the police have of intruding on your personal life.  Sounds like russia circa 1980's.

Armchair_Politician wrote on Aug 16^th, 2012 at 7:41am:

Gist wrote on Aug 15th, 2012 at 8:03pm: Shane B wrote on Aug 15th, 2012 at 5:50pm: 'Political uncertainty' is code for you can't trust Labor. They've got more backflips than a Chinese gymnast. But they've got nuthin' on Tony! http://media.fakeposters.com/results/2012/06/23/rlgx7lflhl.jpg ;D Name one policy he's backflipped on.

That's asking a bit much! FACTS from a labor supporters? Its like asking Gillard to not lie!!!

gold_medal wrote on Aug 16^th, 2012 at 10:21am:

Armchair_Politician wrote on Aug 16th, 2012 at 7:41am: Gist wrote on Aug 15th, 2012 at 8:03pm: Shane B wrote on Aug 15th, 2012 at 5:50pm: 'Political uncertainty' is code for you can't trust Labor. They've got more backflips than a Chinese gymnast. But they've got nuthin' on Tony! http://media.fakeposters.com/results/2012/06/23/rlgx7lflhl.jpg ;D Name one policy he's backflipped on. That's asking a bit much! FACTS from a labor supporters? Its like asking Gillard to not lie!!!

Well, you actually made a fair start, but you didn't go far enough, you should have said -
That's asking a bit much! FACTS from a Politician &/or Political supporters? Its like asking a Politician to not lie!!!

Shane B wrote on Aug 15^th, 2012 at 5:40pm:

International companies have warned the Gillard government that they may scale back investment plans in Australia due to carbon pricing, surging labour costs, the high dollar and political uncertainty. Leading executives of multinational corporations claim that Australia’s business-friendly reputation is at risk and parent companies could shift resources to Asian nations.

INTERESTING interpretation by Rupert's AFR

If ONLY it matched the FACTSi


The current mining boom continues to exceed expectations
Tuesday, 31 July 2012


http://www.nmeb.com.au/images/stories/nsw-mining-logo-226px.png


The value of Australia’s resource and energy exports in 2010-11 increased by 27 per cent from a year earlier to a record $175 billion.
The Bureau of Resources and Energy Economics estimates the value of our mineral and energy commodity exports will increase by a further 21 per cent to $215 billion in 2011-12 as a result of growth in the production of iron ore, liquefied natural gas, copper, crude oil, metallurgical coal and thermal coal.

Since the Government announced details of the Minerals Resource Rent Tax and its plans to put a price on carbon, resource companies have approved billions of dollars of new spending on coal, iron ore, petroleum and other resource projects.

New capital expenditure on minerals and energy projects in 2010-11 was the highest on record and nearly four times the average annual expenditure of the past 30 years.
There is over $430 billion worth of planned or committed investment in the pipeline.
This year national exploration expenditure for minerals and energy is estimated to increase to $6.3 billion, from $5.7 billion in the previous year.


http://www.nmeb.com.au/mining-news/coal-and-csg/371-the-current-mining-boom-continues-to-exceed-expectationsi

perceptions_now wrote on Aug 16^th, 2012 at 10:54am:

gold_medal wrote on Aug 16th, 2012 at 10:21am: Armchair_Politician wrote on Aug 16th, 2012 at 7:41am: Gist wrote on Aug 15th, 2012 at 8:03pm: Shane B wrote on Aug 15th, 2012 at 5:50pm: 'Political uncertainty' is code for you can't trust Labor. They've got more backflips than a Chinese gymnast. But they've got nuthin' on Tony! http://media.fakeposters.com/results/2012/06/23/rlgx7lflhl.jpg ;D Name one policy he's backflipped on. That's asking a bit much! FACTS from a labor supporters? Its like asking Gillard to not lie!!! Well, you actually made a fair start, but you didn't go far enough, you should have said - That's asking a bit much! FACTS from a Politician &/or Political supporters? Its like asking a Politician to not lie!!!

So you cant find a backflip either?

Hardly a surprise!

When we see Tonys policies we might be able to tell if his plans match his rhetoric & if his back flipped on anything.
The fact he stated a tax on carbon was the easiest & simplest way to go about the issue but now he is against that idea is a back flip to me but I'm sure you'll point the error of my thinking out.

No new taxes then introduces a tax on every business TURNING OVER more than 5mill has a whiff about it too.

Workplace relations laws brought in by the Labor Government of Australia have not played well I know that much.

The legislation now for Fair Work Australia where we have to hand a leaflet out for every employee who starts in our ANZ entity is a timebomb.

Handing out to employees which says -

"Employees have the right to take 12 months maternity leave, with an option of 12 months beyond that, also to return to work at a timeframe suitable to their personal circumstance"

"Employee work hours must be fair and reasonable to their personal lives and not extend beyond 38 hours"

"An employer cannot discriminate within a role because of an employee's personal circumstance which may prevent them from working the specific hours mentioned"

I could go on.

Seriously, Fair Work Australia - brought in by this Government - has done nothing for the view held in Head Office that Australia is a Socialist country.

It's bad for business and bad for the country.

Another own-goal.

Andrei.Hicks wrote on Aug 16^th, 2012 at 1:10pm:

Workplace relations laws brought in by the Labor Government of Australia have not played well I know that much. The legislation now for Fair Work Australia where we have to hand a leaflet out for every employee who starts in our ANZ entity is a timebomb. Handing out to employees which says - "Employees have the right to take 12 months maternity leave, with an option of 12 months beyond that, also to return to work at a timeframe suitable to their personal circumstance" "Employee work hours must be fair and reasonable to their personal lives and not extend beyond 38 hours" "An employer cannot discriminate within a role because of an employee's personal circumstance which may prevent them from working the specific hours mentioned" I could go on. Seriously, Fair Work Australia - brought in by this Government - has done nothing for the view held in Head Office that Australia is a Socialist country. It's bad for business and bad for the country. Another own-goal.

Heaven forbid they rise above their serfdom to a point where they think their personal lives and family MAYBE more important than the bottomline of a multinational conglomerate.

If it so bad why not suggest pulling out, 22 million people is hardly a major city in the northern hemisphere, your bottom linr would hardly notice it ;)

Dsmithy70 wrote on Aug 16^th, 2012 at 1:23pm:

Andrei.Hicks wrote on Aug 16th, 2012 at 1:10pm: Workplace relations laws brought in by the Labor Government of Australia have not played well I know that much. The legislation now for Fair Work Australia where we have to hand a leaflet out for every employee who starts in our ANZ entity is a timebomb. Handing out to employees which says - "Employees have the right to take 12 months maternity leave, with an option of 12 months beyond that, also to return to work at a timeframe suitable to their personal circumstance" "Employee work hours must be fair and reasonable to their personal lives and not extend beyond 38 hours" "An employer cannot discriminate within a role because of an employee's personal circumstance which may prevent them from working the specific hours mentioned" I could go on. Seriously, Fair Work Australia - brought in by this Government - has done nothing for the view held in Head Office that Australia is a Socialist country. It's bad for business and bad for the country. Another own-goal. Heaven forbid they rise above their serfdom to a point where they think their personal lives and family MAYBE more important than the bottomline of a multinational conglomerate. If it so bad why not suggest pulling out, 22 million people is hardly a major city in the northern hemisphere, your bottom linr would hardly notice it ;)

You would notice it.
Your petrol prices would rise if we pulled out of Australia.

Gist wrote on Aug 16^th, 2012 at 8:55am:

Armchair_Politician wrote on Aug 16th, 2012 at 7:41am: Gist wrote on Aug 15th, 2012 at 8:03pm: Shane B wrote on Aug 15th, 2012 at 5:50pm: 'Political uncertainty' is code for you can't trust Labor. They've got more backflips than a Chinese gymnast. But they've got nuthin' on Tony! http://media.fakeposters.com/results/2012/06/23/rlgx7lflhl.jpg ;D Name one policy he's backflipped on. Policy? You mean thought bubble don't you because Lieberals don't HAVE any policies. But Backflip Tony backflips on a daily basis on the few thought bubbles he does have.

No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? Tony hasn't backflipped on anything. The Coalition has had the same policy on illegal immigrants consistently for more than a decade - unlike Labor, who has have held more positions than Craig Thomson's prostitutes. The Coalition has numerous policies listed on the Liberal and Nationals websites if you bother to look. You're just whining because the end of nigh for this Leftarded government.

Armchair_Politician wrote on Aug 16^th, 2012 at 1:25pm:

No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few?

There not policies they are reactions & slogans to makes simple minded people happy.
Seems to have worked ;D

Scrapping CT - OK fine are we keeping all the compensation & tax reforms, if so where's the money coming from

Same with the Mining Tax

You see a policy is just a slogan until a path for implementation is mapped out & discussed with the public.
Then there's funding for said slogan that needs to be found.
Negotiation through both house......ooppps silly me it's Tony's Way or the DD way isn't it.
Every thought bubble done his way to the letter or were off to the polls because he knows whats best for us & well we will back him right?


But you are happy so,
STOP THE BOATS
PYTHON SQUEEZE NOT A COBRA STRIKE
AXE THE TAX

Dsmithy70 wrote on Aug 16^th, 2012 at 1:44pm:

Armchair_Politician wrote on Aug 16th, 2012 at 1:25pm: No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? There not policies they are reactions & slogans to makes simple minded people happy. Seems to have worked ;D Scrapping CT - OK fine are we keeping all the compensation & tax reforms, if so where's the money coming from Same with the Mining Tax You see a policy is just a slogan until a path for implementation is mapped out & discussed with the public. Then there's funding for said slogan that needs to be found. Negotiation through both house......ooppps silly me it's Tony's Way or the DD way isn't it. Every thought bubble done his way to the letter or were off to the polls because he knows whats best for us & well we will back him right? But you are happy so, STOP THE BOATS PYTHON SQUEEZE NOT A COBRA STRIKE AXE THE TAX

You sad, poor little person. Don't worry, life will be better when Abbott moves into the Lodge next year.  ;)

Scrap carbon tax - remove compensation. A load of us get nothing anyway.

Scrap Fair Work Australia and replace with a more business and growth friendly set of industrial relations laws.

The current ones are a joke.

Andrei.Hicks wrote on Aug 16^th, 2012 at 1:51pm:

Scrap carbon tax - remove compensation. A load of us get nothing anyway. Scrap Fair Work Australia and replace with a more business and growth friendly set of industrial relations laws. The current ones are a joke.

Exactly. Only Labor would be capable of coming up with a sick joke of a tax where they take with one hand and give it back with the other hand. Bunch of neanderthals! As for FWA, it's only "fair" if you're in a Union or representing a Union.

Armchair_Politician wrote on Aug 16^th, 2012 at 1:48pm:

Dsmithy70 wrote on Aug 16th, 2012 at 1:44pm: Armchair_Politician wrote on Aug 16th, 2012 at 1:25pm: No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? There not policies they are reactions & slogans to makes simple minded people happy. Seems to have worked ;D Scrapping CT - OK fine are we keeping all the compensation & tax reforms, if so where's the money coming from Same with the Mining Tax You see a policy is just a slogan until a path for implementation is mapped out & discussed with the public. Then there's funding for said slogan that needs to be found. Negotiation through both house......ooppps silly me it's Tony's Way or the DD way isn't it. Every thought bubble done his way to the letter or were off to the polls because he knows whats best for us & well we will back him right? But you are happy so, STOP THE BOATS PYTHON SQUEEZE NOT A COBRA STRIKE AXE THE TAX You sad, poor little person. Don't worry, life will be better when Abbott moves into the Lodge next year.  ;)

So yet again nothing from AP
Sure posting a Daily Telegraph article no worries
Post a stupid little remark like the one above easypeasy

Ask for a decent thinking response from his own mind, forget it.

Dsmithy70 wrote on Aug 16^th, 2012 at 1:55pm:

Armchair_Politician wrote on Aug 16th, 2012 at 1:48pm: Dsmithy70 wrote on Aug 16th, 2012 at 1:44pm: Armchair_Politician wrote on Aug 16th, 2012 at 1:25pm: No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? There not policies they are reactions & slogans to makes simple minded people happy. Seems to have worked ;D Scrapping CT - OK fine are we keeping all the compensation & tax reforms, if so where's the money coming from Same with the Mining Tax You see a policy is just a slogan until a path for implementation is mapped out & discussed with the public. Then there's funding for said slogan that needs to be found. Negotiation through both house......ooppps silly me it's Tony's Way or the DD way isn't it. Every thought bubble done his way to the letter or were off to the polls because he knows whats best for us & well we will back him right? But you are happy so, STOP THE BOATS PYTHON SQUEEZE NOT A COBRA STRIKE AXE THE TAX You sad, poor little person. Don't worry, life will be better when Abbott moves into the Lodge next year.  ;) So yet again nothing from AP Sure posting a Daily Telegraph article no worries Post a stupid little remark like the one above easypeasy Ask for a decent thinking response from his own mind, forget it.

I dont agree there.
I agree with some of the comments he has made.

Dsmithy70 wrote on Aug 16^th, 2012 at 1:55pm:

Armchair_Politician wrote on Aug 16th, 2012 at 1:48pm: Dsmithy70 wrote on Aug 16th, 2012 at 1:44pm: Armchair_Politician wrote on Aug 16th, 2012 at 1:25pm: No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? There not policies they are reactions & slogans to makes simple minded people happy. Seems to have worked ;D Scrapping CT - OK fine are we keeping all the compensation & tax reforms, if so where's the money coming from Same with the Mining Tax You see a policy is just a slogan until a path for implementation is mapped out & discussed with the public. Then there's funding for said slogan that needs to be found. Negotiation through both house......ooppps silly me it's Tony's Way or the DD way isn't it. Every thought bubble done his way to the letter or were off to the polls because he knows whats best for us & well we will back him right? But you are happy so, STOP THE BOATS PYTHON SQUEEZE NOT A COBRA STRIKE AXE THE TAX You sad, poor little person. Don't worry, life will be better when Abbott moves into the Lodge next year.  ;) So yet again nothing from AP Sure posting a Daily Telegraph article no worries Post a stupid little remark like the one above easypeasy Ask for a decent thinking response from his own mind, forget it.

Scrapping the carbon tax will not require retention of any amount of compensation, as the compensation is contingent upon there being a tax. This is a Coalition policy that will directly save taxpayers and will enhance Australia's attractiveness for foreign investment, which is currently being scared off under Labor.

The mining tax is also having a negative impact on both investment and jobs, with an announcement this week that a smelter in QLD will be closing earlier than scheduled due to the carbon tax. Scrapping this tax, which is Coalition policy, will make Australia more attractive to investors both here and abroad.

Labor has, since 2007, failed to stop the boats. It has, in fact, made the problem exponentially worse. Each week our Navy transfers the same number of people to Christmas Island that arrived during the entire 5 years of the Pacific Solution. Returning to the policies of the Pacific Solution after years of Labor incompetence on this issue is overdue and has taken the former CDF to get the government to act. This is another Coalition policy.

Okay, I've answered you pretty comprehensively. I await your nonsensical, unintelligent and fault-riddled reply.

Armchair_Politician wrote on Aug 16^th, 2012 at 1:25pm:

No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? Tony hasn't backflipped on anything.

They're not policies, they're empty thought bubbles!

http://rlv.zcache.com/thought_bubble_postcard-p239866672188059635envli_400.jpg
http://www.greenleft.org.au/sites/default/files/imagecache/article-image/tony_abbott_worried_about_bhp.jpg

We need your help! Can YOU help Tony find a policy?

Call now! (02) 6273 2564 or email Tony.Abbott.MP@aph.gov.au

Gist wrote on Aug 16^th, 2012 at 2:10pm:

Armchair_Politician wrote on Aug 16th, 2012 at 1:25pm: No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? Tony hasn't backflipped on anything. They're not policies, they're empty thought bubbles! http://rlv.zcache.com/thought_bubble_postcard-p239866672188059635envli_400.jpg http://www.greenleft.org.au/sites/default/files/imagecache/article-image/tony_abbott_worried_about_bhp.jpg We need your help! Can YOU help Tony find a policy? Call now! (02) 6273 2564 or email Tony.Abbott.MP@aph.gov.au

Such a sad, misguided sock. I pity you.  ;D

Gist wrote on Aug 16^th, 2012 at 2:10pm:

Armchair_Politician wrote on Aug 16th, 2012 at 1:25pm: No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? Tony hasn't backflipped on anything. They're not policies, they're empty thought bubbles! http://rlv.zcache.com/thought_bubble_postcard-p239866672188059635envli_400.jpg http://www.greenleft.org.au/sites/default/files/imagecache/article-image/tony_abbott_worried_about_bhp.jpg We need your help! Can YOU help Tony find a policy? Call now! (02) 6273 2564 or email Tony.Abbott.MP@aph.gov.au

If you don't have anything of value to add - just listen.

You really are a waste of space, Italian.

Andrei.Hicks wrote on Aug 16^th, 2012 at 2:04pm:

I dont agree there. I agree with some of the comments he has made.

All I've seen lately is cheer leading, which is fine I suppose, if not a little boring.
Some critical analysis of policy would be good but his in the same boat as all of us there, i.e NONE TO ANALYZE.

But hang on he just stated what he though were 3 policies, so break it down for the dummies AP

What are the outcomes to be achieved
What milestones will signal achievement on the implementation time line
Funding going forward
etc etc

Like I said smithy - you can scrap the carbon tax and not need to keep the compensation.

Why keep a compensation to compensate something no longer there?

Loads of us didn't get it anyway did we?

Hardly a big loss.

Totally scrap FWA and re-work industrial relations to be more fluid and competitive in nature.
You can sharpen the edges on a lot of the legislation around working hours and conditions.

Andrei.Hicks wrote on Aug 16^th, 2012 at 2:13pm:

You really are a waste of space, Italian.

Hey Jew, do you really think I measure my self worth in terms of the opinions of arseholes like you? Wrong. Are you ever not wrong?

Andrei.Hicks wrote on Aug 16^th, 2012 at 2:15pm:

Like I said smithy - you can scrap the carbon tax and not need to keep the compensation. Why keep a compensation to compensate something no longer there? Loads of us didn't get it anyway did we? Hardly a big loss. Totally scrap FWA and re-work industrial relations to be more fluid and competitive in nature. You can sharpen the edges on a lot of the legislation around working hours and conditions.

1000's of Australians are now not paying any tax
All Australians are paying no tax on the 1st 18K of their income
Pensions have risen.

Which is all part of the compo package, now I see & understand the argument of no tax no compo needed, they problem both you & AP are either forgetting or deliberately ignoring is that Tony has stated all benefits will remain, he won't or is too gutless to take the money back.
Which of course begs the question were will it come from once the revenue stream which funds it disappears.

If I wanted Chinese Labor laws I'd move there.

Dsmithy70 wrote on Aug 16^th, 2012 at 2:21pm:

Andrei.Hicks wrote on Aug 16th, 2012 at 2:15pm: Like I said smithy - you can scrap the carbon tax and not need to keep the compensation. Why keep a compensation to compensate something no longer there? Loads of us didn't get it anyway did we? Hardly a big loss. Totally scrap FWA and re-work industrial relations to be more fluid and competitive in nature. You can sharpen the edges on a lot of the legislation around working hours and conditions. 1000's of Australians are now not paying any tax All Australians are paying no tax on the 1st 18K of their income Pensions have risen. Which is all part of the compo package, now I see & understand the argument of no tax no compo needed, they problem both you & AP are either forgetting or deliberately ignoring is that Tony has stated all benefits will remain, he won't or is too gutless to take the money back. Which of course begs the question were will it come from once the revenue stream which funds it disappears. If I wanted Chinese Labor laws I'd move there.

If you are going to run your country based upon the tax rates of the low wage workers, you're heading for some pretty big and jagged rocks in that ship.

The tax laws have needed updating for a fair while.

GST should be 17.5%.
Top rate of tax should be 42%.
Middle rate should be 22-23%
And a tax free of about $15k.

You can make it work I assure you.

You cut social spending, foreign aid, welfare spending.
Remove baby bonus to all.
Put in more stringent benefit rules on unemployment and disability etc.

Australia needs a complete overhaul.

Andrei.Hicks wrote on Aug 16^th, 2012 at 2:27pm:

GST should be 17.5%. Top rate of tax should be 42%. Middle rate should be 22-23% And a tax free of about $15k.

No argument there, but that's not what Tony is even thinking.
I doubt he even would understand that sort of language.

His all 3 word slogans for dumb punters, hell talk like the above only does one of two things,
Sends them to sleep or into cardiac arrest.
Neither is what Tony wants, he wants them angry, because angry people make rash decision without thought to the full ramifications of those decisions.
It's the ONLY way Abbott will get in, Angry thoughtless voters.

The tax free is updated, Andreia, it's  18 grand Now.

Top rate of tax is higher too.
The middle tiers are mixed as well.

I am telling you what it should be.

Drop down tax free rate.
Increase GST.
Drop top rate of tax.
Streamline middle tier to one rate.

Cut welfare benefits, cut aid.

Dsmithy70 wrote on Aug 16^th, 2012 at 2:35pm:

Andrei.Hicks wrote on Aug 16th, 2012 at 2:27pm: GST should be 17.5%. Top rate of tax should be 42%. Middle rate should be 22-23% And a tax free of about $15k. No argument there, but that's not what Tony is even thinking. I doubt he even would understand that sort of language. His all 3 word slogans for dumb punters, hell talk like the above only does one of two things, Sends them to sleep or into cardiac arrest. Neither is what Tony wants, he wants them angry, because angry people make rash decision without thought to the full ramifications of those decisions. It's the ONLY way Abbott will get in, Angry thoughtless voters.

Abbott is a Rhodes Scholar mate.
I failed my entry into Oxford.

He's smarter than I.

Andrei.Hicks wrote on Aug 16^th, 2012 at 2:43pm:

Dsmithy70 wrote on Aug 16th, 2012 at 2:35pm: Andrei.Hicks wrote on Aug 16th, 2012 at 2:27pm: GST should be 17.5%. Top rate of tax should be 42%. Middle rate should be 22-23% And a tax free of about $15k. No argument there, but that's not what Tony is even thinking. I doubt he even would understand that sort of language. His all 3 word slogans for dumb punters, hell talk like the above only does one of two things, Sends them to sleep or into cardiac arrest. Neither is what Tony wants, he wants them angry, because angry people make rash decision without thought to the full ramifications of those decisions. It's the ONLY way Abbott will get in, Angry thoughtless voters. Abbott is a Rhodes Scholar mate. I failed my entry into Oxford. He's smarter than I.

Yeah I'm constantly reminded of that,
Not by Abbott's actions,words or even demeanor
But by people trying to defend him
Hardly a ringing endorsement for him or the Award.

Armchair_Politician wrote on Aug 16^th, 2012 at 2:07pm:

Dsmithy70 wrote on Aug 16th, 2012 at 1:55pm: Armchair_Politician wrote on Aug 16th, 2012 at 1:48pm: Dsmithy70 wrote on Aug 16th, 2012 at 1:44pm: Armchair_Politician wrote on Aug 16th, 2012 at 1:25pm: No policies, eh? How about scrapping carbon dioxide tax, scrapping mining tax, resurrecting Pacific Solution to name just a few? There not policies they are reactions & slogans to makes simple minded people happy. Seems to have worked ;D Scrapping CT - OK fine are we keeping all the compensation & tax reforms, if so where's the money coming from Same with the Mining Tax You see a policy is just a slogan until a path for implementation is mapped out & discussed with the public. Then there's funding for said slogan that needs to be found. Negotiation through both house......ooppps silly me it's Tony's Way or the DD way isn't it. Every thought bubble done his way to the letter or were off to the polls because he knows whats best for us & well we will back him right? But you are happy so, STOP THE BOATS PYTHON SQUEEZE NOT A COBRA STRIKE AXE THE TAX You sad, poor little person. Don't worry, life will be better when Abbott moves into the Lodge next year.  ;) So yet again nothing from AP Sure posting a Daily Telegraph article no worries Post a stupid little remark like the one above easypeasy Ask for a decent thinking response from his own mind, forget it. Scrapping the carbon tax will not require retention of any amount of compensation, as the compensation is contingent upon there being a tax. This is a Coalition policy that will directly save taxpayers and will enhance Australia's attractiveness for foreign investment, which is currently being scared off under Labor. The mining tax is also having a negative impact on both investment and jobs, with an announcement this week that a smelter in QLD will be closing earlier than scheduled due to the carbon tax. Scrapping this tax, which is Coalition policy, will make Australia more attractive to investors both here and abroad. Labor has, since 2007, failed to stop the boats. It has, in fact, made the problem exponentially worse. Each week our Navy transfers the same number of people to Christmas Island that arrived during the entire 5 years of the Pacific Solution. Returning to the policies of the Pacific Solution after years of Labor incompetence on this issue is overdue and has taken the former CDF to get the government to act. This is another Coalition policy. Okay, I've answered you pretty comprehensively. I await your nonsensical, unintelligent and fault-riddled reply.

Sorry AP missed this, thanks for the effort


Quote:

Scrapping the carbon tax will not require retention of any amount of compensation,

Yet Tony has said all compo will continue, you might want to PM him & ask him which way he wants you to jump?


Quote:

will enhance Australia's attractiveness for foreign investment, which is currently being scared off under Labor.

Call me a doubting Thomas but can you link say 2 articles from different financial commentators who can back this claim?
Bolt & Ackerman don't count as they are neither Financial or commemorators, THEY ARE BROADCASTERS like ALLEN ;)
George Megalogenis is one you could quote that I'd believe & he works for the AUS so you shouldn't have a problem with the source.


Quote:

The mining tax is also having a negative impact on both investment and jobs

Again proof because everything I've seen suggests strong investment from both local & overseas, but happy for you to post something up which disproves that.


Quote:

with an announcement this week that a smelter in QLD will be closing earlier than scheduled due to the carbon tax.

That my friend sounds like a company closing an outdated refinery due to upgrade costs that found something else to blame it on.
But if your happy to take them at their word fine, me Doubting Thomas ;)


Quote:

Scrapping this tax, which is Coalition policy

Which will therefore see workers super stay a 9 instead of 12%
And will also see company tax rates stay at 30% instead of dropping to 28% & no small business tax breaks
oh as well as a new tax on business for babies, what ever happened to personal responsibility, you want to social engineer then use tax not Private $$$$



Quote:

Labor has, since 2007, failed to stop the boats.

True, but factors do play out but hey you wish not to accept them fine I'm not bothered to rehash them.
Suffice to say VERY SHORTLY we will see if the offshore coalition policy works.
What if it doesn't stop the boats?


Quote:

I await your nonsensical, unintelligent and fault-riddled reply

Pick away champion :)

Andrei.Hicks wrote on Aug 16^th, 2012 at 2:41pm:

Top rate of tax is higher too. The middle tiers are mixed as well. I am telling you what it should be. Drop down tax free rate. Increase GST. Drop top rate of tax. Streamline middle tier to one rate. Cut welfare benefits, cut aid.

VERY "ronnie-reagan-USA"


( ... though you missed more guns, cinemas, shopping malls and college campuses)

buzzanddidj wrote on Aug 16^th, 2012 at 3:40pm:

Andrei.Hicks wrote on Aug 16th, 2012 at 2:41pm: Top rate of tax is higher too. The middle tiers are mixed as well. I am telling you what it should be. Drop down tax free rate. Increase GST. Drop top rate of tax. Streamline middle tier to one rate. Cut welfare benefits, cut aid. VERY "ronnie-reagan-USA" ( ... though you missed more guns, cinemas, shopping malls and college campuses)

You favour big Government and socialism.
Not something I remotely can sign up.

Why you want such interference in people's lives from Government is beyond me.

Small Government, tax incentives, people have more of their own money to decide how to spend it - thats what I am about.

People will always spend their own money better than any Government will.

The biggest enemy of the Australian economy at this time is WAYNE SWAN.

He fails to realise that whenever he opens his mouth about the Australian economy, to crow about how well we are relative to Europe, it reminds mums and dads how fragile the world economy is.

This scares the hell out of people, which prompts them to hang tight to their cash and not spend.

Shane B wrote on Aug 15^th, 2012 at 5:40pm:

International companies have warned the Gillard government that they may scale back investment plans in Australia due to carbon pricing, surging labour costs, the high dollar and political uncertainty. Leading executives of multinational corporations claim that Australia’s business-friendly reputation is at risk and parent companies could shift resources to Asian nations. http://catallaxyfiles.com/files/2012/08/regime-uncertainty.jpg http://www.afr.com/p/national/global_ceos_challenge_labor_6A3YDPvIvFp89c5wVYZeFL

sorry, WHO ARE YA MATE?????????????????????????????????????????????????????????????????

Dsmithy70 wrote on Aug 16^th, 2012 at 1:23pm:

Andrei.Hicks wrote on Aug 16th, 2012 at 1:10pm: Workplace relations laws brought in by the Labor Government of Australia have not played well I know that much. The legislation now for Fair Work Australia where we have to hand a leaflet out for every employee who starts in our ANZ entity is a timebomb. Handing out to employees which says - "Employees have the right to take 12 months maternity leave, with an option of 12 months beyond that, also to return to work at a timeframe suitable to their personal circumstance" "Employee work hours must be fair and reasonable to their personal lives and not extend beyond 38 hours" "An employer cannot discriminate within a role because of an employee's personal circumstance which may prevent them from working the specific hours mentioned" I could go on. Seriously, Fair Work Australia - brought in by this Government - has done nothing for the view held in Head Office that Australia is a Socialist country. It's bad for business and bad for the country. Another own-goal. Heaven forbid they rise above their serfdom to a point where they think their personal lives and family MAYBE more important than the bottomline of a multinational conglomerate. If it so bad why not suggest pulling out, 22 million people is hardly a major city in the northern hemisphere, your bottom linr would hardly notice it ;)

Smithy, the problem is not so much what Andrei says but rather the imperious profit-at-all-costs approach. Some of what he says is quite fair but his manner would make most people disagree with everything he said just out of principle. Despite his 'hate everything australian but love everything his mother and margaret thatcher says' approach, the  ALP have set back industrial relations 20 years as a reward for the union support. Now it's time to take back that 20 years.

Shane B wrote on Aug 16^th, 2012 at 5:06pm:

The biggest enemy of the Australian economy at this time is WAYNE SWAN. He fails to realise that whenever he opens his mouth about the Australian economy, to crow about how well we are relative to Europe, it reminds mums and dads how fragile the world economy is. This scares the hell out of people, which prompts them to hang tight to their cash and not spend.

LOL. bring out the ol' year 11 economics text-books shane and try reading the bits you didn't highlight ya moron!!

  ;D ;D ;D ;D ;D ;D ;D ;D

gold_medal wrote on Aug 16^th, 2012 at 5:09pm:

Dsmithy70 wrote on Aug 16th, 2012 at 1:23pm: Andrei.Hicks wrote on Aug 16th, 2012 at 1:10pm: Workplace relations laws brought in by the Labor Government of Australia have not played well I know that much. The legislation now for Fair Work Australia where we have to hand a leaflet out for every employee who starts in our ANZ entity is a timebomb. Handing out to employees which says - "Employees have the right to take 12 months maternity leave, with an option of 12 months beyond that, also to return to work at a timeframe suitable to their personal circumstance" "Employee work hours must be fair and reasonable to their personal lives and not extend beyond 38 hours" "An employer cannot discriminate within a role because of an employee's personal circumstance which may prevent them from working the specific hours mentioned" I could go on. Seriously, Fair Work Australia - brought in by this Government - has done nothing for the view held in Head Office that Australia is a Socialist country. It's bad for business and bad for the country. Another own-goal. Heaven forbid they rise above their serfdom to a point where they think their personal lives and family MAYBE more important than the bottomline of a multinational conglomerate. If it so bad why not suggest pulling out, 22 million people is hardly a major city in the northern hemisphere, your bottom linr would hardly notice it ;) Smithy, the problem is not so much what Andrei says but rather the imperious profit-at-all-costs approach. Some of what he says is quite fair but his manner would make most people disagree with everything he said just out of principle. Despite his 'hate everything australian but love everything his mother and margaret thatcher says' approach, the  ALP have set back industrial relations 20 years as a reward for the union support. Now it's time to take back that 20 years.

gold medal is saying a lot without actually saying  a lot it would seem!!

Shane B wrote on Aug 16^th, 2012 at 5:06pm:

The biggest enemy of the Australian economy at this time is WAYNE SWAN. He fails to realise that whenever he opens his mouth about the Australian economy, to crow about how well we are relative to Europe, it reminds mums and dads how fragile the world economy is. This scares the hell out of people, which prompts them to hang tight to their cash and not spend.

Are you serious?
If Wayne just shuts up the mums and dads of OZ will suddenly forget global economic factors and go out and smash that credit card and re mortgage the equity in their home like its 2004 again.

The really sad thing is thats exactly what Tony and Shrek think will happen, WANT to happen.

Dsmithy70 wrote on Aug 16^th, 2012 at 7:04pm:

Shane B wrote on Aug 16th, 2012 at 5:06pm: The biggest enemy of the Australian economy at this time is WAYNE SWAN. He fails to realise that whenever he opens his mouth about the Australian economy, to crow about how well we are relative to Europe, it reminds mums and dads how fragile the world economy is. This scares the hell out of people, which prompts them to hang tight to their cash and not spend. Are you serious? If Wayne just shuts up the mums and dads of OZ will suddenly forget global economic factors and go out and smash that credit card and re mortgage the equity in their home like its 2004 again. The really sad thing is thats exactly what Tony and Shrek think will happen, WANT to happen.

With the way Wayne Swan is digging this country deeper into debt, I very much doubt that would be the case. They know the money will have to be paid back soon (more than likely by a Coalition govt, yet again) and so they're saving up their money as much as they can.

Shane B wrote on Aug 16^th, 2012 at 5:06pm:

The biggest enemy of the Australian economy at this time is WAYNE SWAN. He fails to realise that whenever he opens his mouth about the Australian economy, to crow about how well we are relative to Europe, it reminds mums and dads how fragile the world economy is. This scares the hell out of people, which prompts them to hang tight to their cash and not spend.

And I guess having Tony Abbott on the telly trashing the Australian economy every ten seconds has no impact whatsoever.

Armchair_Politician wrote on Aug 16^th, 2012 at 7:17pm:

With the way Wayne Swan is digging this country deeper into debt, I very much doubt that would be the case. They know the money will have to be paid back soon (more than likely by a Coalition govt, yet again) and so they're saving up their money as much as they can.

Quite aside from anything else do you have any notion of the difference between public and private debt?

Armchair_Politician wrote on Aug 16^th, 2012 at 7:17pm:

Dsmithy70 wrote on Aug 16th, 2012 at 7:04pm: Shane B wrote on Aug 16th, 2012 at 5:06pm: The biggest enemy of the Australian economy at this time is WAYNE SWAN. He fails to realise that whenever he opens his mouth about the Australian economy, to crow about how well we are relative to Europe, it reminds mums and dads how fragile the world economy is. This scares the hell out of people, which prompts them to hang tight to their cash and not spend. Are you serious? If Wayne just shuts up the mums and dads of OZ will suddenly forget global economic factors and go out and smash that credit card and re mortgage the equity in their home like its 2004 again. The really sad thing is thats exactly what Tony and Shrek think will happen, WANT to happen. With the way Wayne Swan is digging this country deeper into debt, I very much doubt that would be the case. They know the money will have to be paid back soon (more than likely by a Coalition govt, yet again) and so they're saving up their money as much as they can.

This was discussed with Shane a week or so ago.

Until told otherwise we are on target for a 1 bill surplus in 11 odd months.

Now yes I find this implausible, but having said that even 30 to 50% repayment of the 238 bill debt would be impressive considering we are talking 87 to 120 bill paid back in such a short time frame.

As was pointed out it took Costello 10 years with sales of assets to cover 96 bill.

buzzanddidj wrote on Aug 16^th, 2012 at 12:07pm:

Shane B wrote on Aug 15th, 2012 at 5:40pm: International companies have warned the Gillard government that they may scale back investment plans in Australia due to carbon pricing, surging labour costs, the high dollar and political uncertainty. Leading executives of multinational corporations claim that Australia’s business-friendly reputation is at risk and parent companies could shift resources to Asian nations. INTERESTING interpretation by Rupert's AFR If ONLY it matched the FACTSi The current mining boom continues to exceed expectations Tuesday, 31 July 2012 http://www.nmeb.com.au/images/stories/nsw-mining-logo-226px.png The value of Australia’s resource and energy exports in 2010-11 increased by 27 per cent from a year earlier to a record $175 billion. The Bureau of Resources and Energy Economics estimates the value of our mineral and energy commodity exports will increase by a further 21 per cent to $215 billion in 2011-12 as a result of growth in the production of iron ore, liquefied natural gas, copper, crude oil, metallurgical coal and thermal coal. Since the Government announced details of the Minerals Resource Rent Tax and its plans to put a price on carbon, resource companies have approved billions of dollars of new spending on coal, iron ore, petroleum and other resource projects. New capital expenditure on minerals and energy projects in 2010-11 was the highest on record and nearly four times the average annual expenditure of the past 30 years. There is over $430 billion worth of planned or committed investment in the pipeline. This year national exploration expenditure for minerals and energy is estimated to increase to $6.3 billion, from $5.7 billion in the previous year. http://www.nmeb.com.au/mining-news/coal-and-csg/371-the-current-mining-boom-continues-to-exceed-expectations

FURTHERMORE ...





Gillard defends govt economic policy
August 15, 20123:33PM


PRIME Minister Julia Gillard has defended her government's economic performance after a survey revealed a decline in international confidence in Australian business.

Ms Gillard used question time on Wednesday to beat down suggestions international investment in Australia was under threat because of political uncertainty and rising costs.

"We are seeing a huge investment pipeline into our country and there is more to come," she told parliament on Wednesday.

A survey of 111 firms, undertaken by CEO Forum Group, found 41 per cent of international companies surveyed were less likely to invest in Australia than they were 12 to 18 months ago.

About 60 per cent of executives said political uncertainty had worsened in that time.

"The source of that uncertainty is the opposition's plans to rip up every economic reform in this country that is contributing to our prosperity," Ms Gillard said.

The prime minister said her government had performed well economically despite difficulties during the global financial crisis.

She said $919 billion had been spent on private business investment since 2007.

New private business investment is growing at the fastest rate in a decade, while business investment as a percentage of the nation's gross domestic product had reached its highest level in 40 years during the March quarter, she said.

"And we expect it to rise further this financial year and next financial year."


http://www.heraldsun.com.au/news/breaking-news/gillard-defends-govt-economic-policy/story-e6frf7kf-1226451065272





No disputing any of THAT ... IS there ?


The media tells us people have "stopped listening" to Gillard ?

Justifiably, Rupert's Rags are suffering the same fate
The Australian ( ... and sister publication, the Australian Financial Review) holds nowhere NEAR the influence it had before it's joint Liberal Party project it named "UteGate" - and those infamous FAKE EMAILS it published as "evidence"

Yes in fact, that investment Gillard is referring to is primarily in mining and is locked in.

The survey was referring to investment intentions.

The word is out there, "You can't trust the Gillard Government, stay away from Australia".

Shane B wrote on Aug 16^th, 2012 at 7:48pm:

Yes in fact, that investment Gillard is referring to is primarily in mining and is locked in. The survey was referring to investment intentions. The word is out there, "You can't trust the Gillard Government, stay away from Australia".

Is that what you tell all your patients ,Dr matty?  :D

Shane B wrote on Aug 16^th, 2012 at 7:48pm:

Yes in fact, that investment Gillard is referring to is primarily in mining and is locked in. The survey was referring to investment intentions. The word is out there, "You can't trust the Gillard Government, stay away from Australia".

http://catallaxyfiles.com/files/2012/08/regime-uncertainty.jpg




59% say any "risk" is unchanged or BETTER than 12 to 18 months ago





Quote:

Forum organisers yesterday asked the participants at the two-day event to avoid Financial Review journalists working in Parliament House. http://afr.com/p/national/global_ceos_challenge_labor_6A3YDPvIvFp89c5wVYZeFL

I wonder WHY ?
Probably sick and tired of being misrepresented by the "Murdoch Touch"

I think you'll find The Australian Financial Review is a Fairfax publication.

Shane B wrote on Aug 16^th, 2012 at 8:19pm:

I think you'll find The Australian Financial Review is a Fairfax publication.

You are CORRECT
I stand CORRECTED

( ... I was thinking of the Financial something-or-other linked to the Australian)

I'm not a mathematician, but if 41 % say they will pull out, doesn't that mean 59% like it the way it is?  companies come and go all the time ... how many pulled out in 2002? 2003? 2004? etc etc

Dsmithy70 wrote on Aug 16^th, 2012 at 7:31pm:

Armchair_Politician wrote on Aug 16th, 2012 at 7:17pm: Dsmithy70 wrote on Aug 16th, 2012 at 7:04pm: Shane B wrote on Aug 16th, 2012 at 5:06pm: The biggest enemy of the Australian economy at this time is WAYNE SWAN. He fails to realise that whenever he opens his mouth about the Australian economy, to crow about how well we are relative to Europe, it reminds mums and dads how fragile the world economy is. This scares the hell out of people, which prompts them to hang tight to their cash and not spend. Are you serious? If Wayne just shuts up the mums and dads of OZ will suddenly forget global economic factors and go out and smash that credit card and re mortgage the equity in their home like its 2004 again. The really sad thing is thats exactly what Tony and Shrek think will happen, WANT to happen. With the way Wayne Swan is digging this country deeper into debt, I very much doubt that would be the case. They know the money will have to be paid back soon (more than likely by a Coalition govt, yet again) and so they're saving up their money as much as they can. This was discussed with Shane a week or so ago. Until told otherwise we are on target for a 1 bill surplus in 11 odd months. Now yes I find this implausible, but having said that even 30 to 50% repayment of the 238 bill debt would be impressive considering we are talking 87 to 120 bill paid back in such a short time frame. As was pointed out it took Costello 10 years with sales of assets to cover 96 bill.

Not anymore, thanks in part to Gillard and Bowen and their incompetent handling of border security! Besides, with so many things left out of the budget in terms of expenditure (eg NBN), the surplus only existed in Swan's wet dreams.

John Smith wrote on Aug 16^th, 2012 at 9:46pm:

I'm not a mathematician, but if 41 % say they will pull out, doesn't that mean 59% like it the way it is?

That 41% have by NO means said that they will "pull out"
Only that return on investment is not as attractive as it had been 18 months ago
The exchange rate on the $A being a major factor

Australia's workplace relations legislation (FWA) changes and updated have not been well-received by the international arms of the multi-nationals.

Seriously - some of the hoops we have to jump through for Australia and New Zealand in regards to headcount management makes us shake our heads.

It does you no favors in regards to responsiveness and speed of market reaction.

If I hear one more time from local HR "Yeah but we can't do that in Australia, it's against the Fair Work Australia Act..."

Andrei.Hicks wrote on Aug 17^th, 2012 at 10:05am:

Australia's workplace relations legislation (FWA) changes and updated have not been well-received by the international arms of the multi-nationals. Seriously - some of the hoops we have to jump through for Australia and New Zealand in regards to headcount management makes us shake our heads. It does you no favors in regards to responsiveness and speed of market reaction. If I hear one more time from local HR "Yeah but we can't do that in Australia, it's against the Fair Work Australia Act..."

There ya go! BEST argument I've seen yet in favour of the FWA act as-is.