Australian Politics Forum - Labor - flushing Australia down the sewer

buzzanddidj Gold Member Offline Australian Politics Posts: 14248 Eganstown, via Daylesford, VIC Gender:	Re: Labor - flushing Australia down the sewer Reply #75 - Aug 16^th, 2012 at 9:42pm 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)
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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: Labor - flushing Australia down the sewer Reply #76 - 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? companies come and go all the time ... how many pulled out in 2002? 2003? 2004? etc etc
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Armchair_Politician

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Re: Labor - flushing Australia down the sewer
Reply #77 - Aug 16^th, 2012 at 10:59pm

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

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

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

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.

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.

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buzzanddidj

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Re: Labor - flushing Australia down the sewer
Reply #78 - Aug 17^th, 2012 at 1:16am

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

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'I like your Christ, I do not like your Christians.
Your Christians are so unlike your Christ.'

- Mohandas Karamchand Gandhi

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Andrei.Hicks

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Re: Labor - flushing Australia down the sewer
Reply #79 - 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..."

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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde

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Gist

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Re: Labor - flushing Australia down the sewer
Reply #80 - Aug 17^th, 2012 at 10:12am

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.

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"When our military goes to war it should be for purposes and objectives clearly in Australia’s interests, not merely because the Americans want some company" - Malcolm Fraser (2012 Whitlam Oration)

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