Australian Politics Forum - WA back on track

Ajax

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Re: WA back on track
Reply #15 - Mar 6^th, 2016 at 5:21pm

When Colin Barnett took the reins in WA he inherited a $3 billion dollar deficit.

After 8 years in office WA now owes about $40 billion dollars.

This happened in the mining boom years, believe it or not.

In the last few years his voice is the main vice calling for a rise in the GST so it may help him pay of his debt.

The man should be in jail.

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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery & prison" Regas Feraeos

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BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: WA back on track Reply #16 - Mar 6^th, 2016 at 5:31pm he's a joke
Back to top	Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) IP Logged

Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: WA back on track Reply #17 - Mar 6^th, 2016 at 5:33pm Back on track when did this happen ?
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stunspore

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Re: WA back on track
Reply #18 - Mar 6^th, 2016 at 7:54pm

Ajax wrote on Mar 6^th, 2016 at 5:21pm:

When Colin Barnett took the reins in WA he inherited a $3 billion dollar deficit.

After 8 years in office WA now owes about $40 billion dollars.

This happened in the mining boom years, believe it or not.

In the last few years his voice is the main vice calling for a rise in the GST so it may help him pay of his debt.

The man should be in jail.

Hmmm.. I'm sure Swag will correct this if it is wrong with the correct facts/figures. Unless all that is left is just unsubstantiated claims and propaganda.

Ofc it is also possible that Swag will leave this thread having lost.

Be up to the people of WA to open their eyes and vote this year for the right party which actually has policies for all.

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Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: WA back on track Reply #19 - Mar 6^th, 2016 at 10:14pm Its time wrote on Mar 6^th, 2016 at 5:33pm: Back on track when did this happen ? It hasn't. Swag's just talking out of his arse again.
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Swagman

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Re: WA back on track
Reply #20 - Mar 7^th, 2016 at 8:50am

Bam wrote on Mar 6^th, 2016 at 10:14pm:

Its time wrote on Mar 6^th, 2016 at 5:33pm:

Back on track Undecided

when did this happen ?

It hasn't. Swag's just talking out of his arse again. Cheesy

........appears you comrades didn't read the OP or the link?

Quote:

Western Australia has returned to the top spot in a key global survey of attractive mining investment destinations, after slipping down the ranking in 2014.

Canadian think-tank the Fraser Institute conducts the survey each year and found WA was the most attractive jurisdiction in the world for investing in 2015, after falling to fourth in 2014.

......'back on track' as the most attractive mining investment jurisdiction in the world

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philperth2010

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Re: WA back on track
Reply #21 - Mar 7^th, 2016 at 11:03am

Didn't take Barnett long to lose our AAA rating!!!

Quote:

WA loses its AAA credit rating as revenue declines and debt blows out
20 Sep 2013

http://www.abc.net.au/news/2013-09-18/wa-loses-aaa-credit-rating/4965982

Things are just getting worse under Barnett!!!

Quote:

Moody's downgrades WA credit rating as commodities prices plunge; fears of debt blowout
8 Feb 2016

The West Australian Government has been hit with another credit rating downgrade from rating's agency Moody's.

The agency has downgraded WA from AA1 to AA2.

WA lost its AAA credit rating with the agency in August 2014.

In a statement, the agency said the downgrade reflected "the ongoing deterioration in Western Australia's financial and debt metrics."

"The drop in the price of iron ore and the sluggish performance in state taxes have led to declines in revenue, and, absent corresponding expenditure measures, budget deficits are widening significantly," the agency said.

"As a result, the state's debt burden is rising to a level that is higher than that of its peers."

http://www.abc.net.au/news/2016-02-08/moodys-downgrades-wa-credit-rating-aa1/714...

Barnett has done nothing but build monuments like Elizabeth Quay and the New Stadium which will be linked to Packers Casino despite denials from the Premier....Barnett needs to go!!!

https://au.news.yahoo.com/thewest/wa/a/21876021/hotel-land-sale-linked-to-stadiu...

Huh

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If knowledge can create problems, it is not through ignorance that we can solve them.
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stunspore Gold Member Offline Australian Politics Posts: 5097 Gender:	Re: WA back on track Reply #22 - Mar 7^th, 2016 at 12:57pm So Swag still haven't corrected anyone on the economic facts stated. Ok well we can close this thread soon. WA is in fact governed by a lib gov where the majority of the economic indicators are below when they first held office.
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: WA back on track Reply #23 - Mar 7^th, 2016 at 1:07pm Back on track for another record debt and deficit disaster like their Libtard counterparts Federally ?
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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: WA back on track Reply #24 - Mar 7^th, 2016 at 1:10pm stunspore wrote on Mar 7^th, 2016 at 12:57pm: WA is in fact governed by a lib gov. That's a fact yes. Quote: Western Australia has returned to the top spot in a key global survey of attractive mining investment destinations, That's a fact yes.
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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: WA back on track Reply #25 - Mar 7^th, 2016 at 1:13pm Its time wrote on Mar 7^th, 2016 at 1:07pm: Back on track for another record debt and deficit disaster like their Libtard counterparts Federally ? The Lion's share of the Federal debt is Labor's legacy actually........and that's a fact too
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stunspore

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Re: WA back on track
Reply #26 - Mar 7^th, 2016 at 3:40pm

Swagman wrote on Mar 7^th, 2016 at 1:10pm:

stunspore wrote on Mar 7^th, 2016 at 12:57pm:

WA is in fact governed by a lib gov.

That's a fact yes.

Quote:

Western Australia has returned to the top spot in a key global survey of attractive mining investment destinations,

That's a fact yes.

Being top spot doesn't mean they will definitely come.

as for "The Lion's share of the Federal debt is Labor's legacy actually........and that's a fact too "

Hmm... i read somewhere that there is was a great deal of lib debt before a lab gov took over some time ago. If i have time i would like to investigate the extent of each gov's debt/deficit. I should point out that conventional economic wisdom is to indeed go into debt to stimulate the economy where necessary. So being in surplus (or relative surplus compared to the previous year) all the time will in fact cause economy to contract - that is actually proven.

As for comparing to federally, so will WA will continue to be under deficit/debt under the lib govt? When will Swag be honest about how well the libs governed WA? The answer is never - too biased, too dogmatic to acknowledge.

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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: WA back on track Reply #27 - Mar 7^th, 2016 at 7:42pm stunspore wrote on Mar 7^th, 2016 at 3:40pm: Being top spot doesn't mean they will definitely come ....if they get wind that Labor might get back in charge ready to over tax their rewards for enterprise then that's a fact too
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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: WA back on track Reply #28 - Mar 7^th, 2016 at 7:44pm of course it's attractive ... with the libs, companies that make millions don't have to pay tAX
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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: WA back on track Reply #29 - Mar 7^th, 2016 at 7:53pm John Smith wrote on Mar 7^th, 2016 at 7:44pm: of course it's attractive ... with the libs, companies that make millions don't have to pay tAX ...good idea Jonathon. A company tax cut would create more jobs.
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