Check out the ad they keep playing on the radio and TV.

https://www.youtube.com/watch?v=1tTvCa-kNJ0

First thing they need to do is to get rid of the tax on start-ups and then abolish negative gearing on properties so people will start to invest in other things instead of speculative property bubbles. Can labor pull it off or is this more spin before an election ?

Great - first they could show me where all the innovation is that will create these jobs - and in sufficient numbers to make a difference.  Then they could work out the logistics of production and distribution at our often mooted high pay rates.

I can't see it working myself.

Our biggest growth sector in the workforce is health - maybe we should become the medical nation of the world instead.

like Labor keep saying that they are going to produce a Budget Surplus - all science fiction...

Sir Grappler Truth Teller OAM wrote on Jul 19^th, 2013 at 6:40am:

Great - first they could show me where all the innovation is that will create these jobs - and in sufficient numbers to make a difference.  Then they could work out the logistics of production and distribution at our often mooted high pay rates. I can't see it working myself. Our biggest growth sector in the workforce is health - maybe we should become the medical nation of the world instead.

You can have all of the health you like but if you don't produce anything you end up like Detroit or even Sudan. No wealth no health !!

All industries tied to tax payer handouts such as health are make believe businesses.

Sir lastnail wrote on Jul 19^th, 2013 at 12:17am:

Check out the ad they keep playing on the radio and TV. https://www.youtube.com/watch?v=1tTvCa-kNJ0 First thing they need to do is to get rid of the tax on start-ups and then abolish negative gearing on properties so people will start to invest in other things instead of speculative property bubbles. Can labor pull it off or is this more spin before an election ?

Negative gearing doesnt cause "speculative property bubbles", you seem to forget that the investor needs to lose money on their property before being able to offset it against tax. Theres no big money to be made doing this despite what you think. For someone like me earning 6 figures and owning 3 rental properties the beneifts of negative gearing are minimal.

ian wrote on Jul 19^th, 2013 at 10:49pm:

Sir lastnail wrote on Jul 19th, 2013 at 12:17am: Check out the ad they keep playing on the radio and TV. https://www.youtube.com/watch?v=1tTvCa-kNJ0 First thing they need to do is to get rid of the tax on start-ups and then abolish negative gearing on properties so people will start to invest in other things instead of speculative property bubbles. Can labor pull it off or is this more spin before an election ? Negative gearing doesnt cause "speculative property bubbles", you seem to forget that the investor needs to lose money on their property before being able to offset it against tax. Theres no big money to be made doing this despite what you think. For someone like me earning 6 figures and owning 3 rental properties the beneifts of negative gearing are minimal.

yes it does because it encourages investors to borrow more and then offset any losses and interest payments against the income in their day job in the hope that there will be a capital gain at the end of it. You do expect a capital gain from it don't you or are you doing all of this just to help out the poor tenant ? :D LOL

Maybe we could segue the boat trafficking business into a piracy deal, like Somalia - to bring in a few dollars...

(*sits back with popcorn and awaits the arrival of don insanito who has the knife out for me - hey - at least we don't live next door to no coons!)....

...case ya pop in, don, with that loaded tongue in yer hand - this one's for you... on the airwaves...

http://www.youtube.com/watch?v=az4dpotbSYs

These are the sort of innovations that could revolutionise australia and the world.  This is our chance to get in on the ground floor.

http://www.rainbowserpent.com.au/images/081901-S.jpg

http://www.koalamarketing.com.au/products-classic/didgeridoo/abd-hardwood-lge.jpg

... wrote on Jul 19^th, 2013 at 11:49pm:

These are the sort of innovations that could revolutionise australia and the world.  This is our chance to get in on the ground floor. http://www.rainbowserpent.com.au/images/081901-S.jpg http://www.koalamarketing.com.au/products-classic/didgeridoo/abd-hardwood-lge.jpg

Elder Herbert here on this forum wouldn't allow that, we would all have to pay him rent first.

Help his old retired arse out.

Sir lastnail wrote on Jul 19^th, 2013 at 12:17am:

Check out the ad they keep playing on the radio and TV. https://www.youtube.com/watch?v=1tTvCa-kNJ0 First thing they need to do is to get rid of the tax on start-ups and then abolish negative gearing on properties so people will start to invest in other things instead of speculative property bubbles. Can labor pull it off or is this more spin before an election ?

have you noticed they dont spell out the PLAN..


more detail.. if there is any.

sounds like swans 1.6.million jobs..but we never did find out where.

... wrote on Jul 19^th, 2013 at 11:49pm:

These are the sort of innovations that could revolutionise australia and the world.  This is our chance to get in on the ground floor. http://www.rainbowserpent.com.au/images/081901-S.jpg http://www.koalamarketing.com.au/products-classic/didgeridoo/abd-hardwood-lge.jpg

I realize you are a spam merchant,...

but this is funny... ;D ;D I will give you that.

cods wrote on Jul 20^th, 2013 at 7:48am:

Sir lastnail wrote on Jul 19th, 2013 at 12:17am: Check out the ad they keep playing on the radio and TV. https://www.youtube.com/watch?v=1tTvCa-kNJ0 First thing they need to do is to get rid of the tax on start-ups and then abolish negative gearing on properties so people will start to invest in other things instead of speculative property bubbles. Can labor pull it off or is this more spin before an election ? have you noticed they dont spell out the PLAN.. more detail.. if there is any. sounds like swans 1.6.million jobs..but we never did find out where.

You'll know if they are serious if they get rid of the tax on start-ups

http://www.abc.net.au/news/2013-05-30/start-ups-say-tax-laws-are-crippling-their-viability/4724090

So far I haven't heard anything about this so are we to assume it will be business as usual if dudd gets back in ? ie the same old generous tax concessions for property speculators and hoarders whilst high tech start-ups can piss off ?


Quote:

The great geek brain drain, tech start-ups stopped on the line by Australian tax Posted Thu May 30, 2013 10:01pm AEST Tech start-ups might be the geeks in the business basement. But they could have the potential to add more than $100 billion to Australia's economy within 20 years. Technology's not the problem though, it's tax, and entrepreneurs are complaining it's crippling start-ups and driving many offshore.

http://www.abc.net.au/news/2013-05-30/the-great-geek-brain-drain-tech-start-ups-stopped/4724402