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How Labor would close down Australia (Read 4901 times)

Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: How Labor would close down Australia Reply #15 - Apr 23^rd, 2018 at 9:57am Whilst the rest of the world moves forward in leaps and bounds Australia gets held back by 1950s libtards ideology deary deary me
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juliar Gold Member Offline Australian Politics Posts: 22966	Re: How Labor would close down Australia Reply #16 - Apr 23^rd, 2018 at 10:20am Polly Waffle is SPAMMING. Naughty naughty. But then he IS a Lefty. NewsPoll raises the flag for Malcolm who streaks ahead of HillBilly as preferred PM. Who would want to go thru this HELL on EARTH again ?
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juliar

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Re: How Labor would close down Australia
Reply #17 - Apr 24^th, 2018 at 12:51pm

The evil union controlled Labor Party plans and plots to spread its tentacles thruout the community like some sort of malignant cancer!!!

Bill and Bowen are out to destroy small business as Labor have never liked small businesses. There is no future with this mob which is why we have to get a decent leader in the Liberal Party and run Bill and his commie mates out of town.

Franking credit fallout spreads in the union controlled Labor Party
THEAUSTRALIAN.COM.AU

Over the weekend I received a surprise phone call from a backbench coalition politician in a marginal seat, with whom I had had no previous contact. He explained to me that my commentary on franking credits and the Shorten/Bowen policy had omitted an important segment of the community that are set to get it in the neck.

This part of the community was not involved in investing in banks etc.——their investment was in their small corporate business and, while they mightn’t yet, realise it, they are going to cop it and cop it big.

It was stunning to get a call from a coalition politician about small business given that the coalition have allowed the ATO to maul the small business community and, at least until now, have done absolutely nothing about it.

But this coalition politician understands the minute details of how small business works and he is watching to make sure that we have a proper independent tax appeal system for small business and not an ATO-controlled kangaroo court that is useless.

But he was calling about franking credits. A great many small business people simply have all their money in their business and they don’t have the spare cash to build up large superannuation investments. The long term plan is that when it comes to retirement they will sell the business and the funds they receive might be invested in a superannuation fund or would be part of their retirement package.

And, to be fair, the government has helped that process with a number of tax measures. But a great many of these businesses have been profitable for many years and paid company tax which generated franking credits. They didn’t pay the dividends because they needed the money for working capital and necessary business investments.

In recent times, the value of these businesses declined and the sort of retirement benefit that they might have expected a few years back might not be there today because people are not paying the same prices for small- and medium-sized business unless they have strategic value.

But, with that qualification, these businesses are being sold and a healthy market has developed. The entrepreneurial plan is that once the cash is in the till from the business sale, the entrepreneurs pay out those accumulated franking credits via special dividends which they can afford because they are no longer funding the business.

At that time they are unlikely to have substantial “other” income and the franking credits will be a lump sum credit. Under the Shorten/Bowen plan, those small business franking credits are flushed down the toilet and will substantially reduce the ability of those small business people to fund their retirement.

I write a lot about small business but I never thought of that sort of damage and I am grateful to the Coalition backbencher for flagging it. If the opinion polls are right and Bill Shorten wins the next election, it’s more than likely my marginal seat holder will no longer be in parliament but we need politicians on both sides who through their own knowledge can see the effect of certain measures on the small business community

I am not naming the politician at this point but I will be following his progress and I hope he is bold enough to really turn the party room upside down if the ATO is allowed to continue without a proper low cost independent small business appeal system.

If Shorten and Bowen don’t wake up and the Coalition acts in the national interest on the ATO, then backbenchers who have the support of their small business community can point out the franking credit destruction and conceivably deliver a Coalition win. But the ATO snow making machine will attempt to trick the Coalition into bad policy.

And remember that employment in Australia is going to be more and more concentrated in smaller enterprises and, no matter who gets into power, we must have an environment where these people get a fair chance.

If we don’t then the society we are moving into will be a much poorer place and if the next government steals the franking credits from the small business community and the current government perpetuates the current ATO disaster then the confidence of the population in our politicians will fall to a new low and I suspect the same will happen to tax collections.

https://www.theaustralian.com.au/…/d378cf6258923385dc7d5f22…

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juliar

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Re: How Labor would close down Australia
Reply #18 - Apr 24^th, 2018 at 1:01pm

The rapacious unions are out for every dollar they can pinch from decent Australians especially pensioners. Now they are after the SUPER funds as well.

Sally the mouse that roared and then went phut is worried about dodgy banks, you can't make this stuff up and Sal wants control of the superannuation funds.

Rethink dodgy banks, McManus tells funds
THEAUSTRALIAN.COM.AU

ACTU secretary Sally McManus has urged industry superannuation funds to reconsider their relationships with the major banks in the wake of the revelations at the financial services royal commission.

Ms McManus today wrote to fund chief executives asking them to reconsider their commercial relationships with the “dodgy” banks, saying she had been “appalled by the outrageous and illegal behaviour” uncovered by the commission.

Superannuation funds have billions of dollars of bank stocks in their Australian share portfolios.

She said industry superannuation funds controlled the retirement savings of millions of Australians, and had consistently outperformed the for-profit funds run by the banks.

“Working people in Australia gave up pay rises in order to get universal superannuation off the ground to provide access to a dignified retirement for everyone,’’ she said.

“In light of the revelations of the past weeks at the Banking Royal Commission, I am asking Industry Super Fund CEOs to reconsider their commercial relationships with banks.

“The retirement savings of working people should not be used to prop organisations that house rotten, corrupt and unethical behaviours like those revealed over the past weeks.”

In her letter, she says a superannuation fund, and organisations the fund has a commercial relationship with, might have considerable direct and indirect relationships with one of the banks or service providers.

“Should this be the case, on behalf of the trade union members of your fund I am requesting that you review and consider these relationships, in accordance with your existing (environmental, social and governance) policies and procedures, unequivocally clarifying the expectations and interest of your funds members should you consider it appropriate for these relationships to continue,’’ she says.

According to financial services information company Rainmaker, bank stocks account for an estimated 25 per cent of the Australian share portfolios of not for profit superannuation funds.

Alex Dunnin, executive director of research and compliance at Rainmaker, said major investors in Australian shares had almost no choice but to invest in banks given the financial sector was one-third of the ASX.

“So whether industry funds like it or not they are entwined with the banking sector as either customers or shareholders, which is ironic if you consider how passionately industry funds and bank-owned funds compete with each other,’’ he said.

“Where it gets complicated for the industry funds is that even if they wanted to divest from the banks it will be hard to find another part of the economy big enough to absorb their capital.”

https://www.theaustralian.com.au/…/2aac8fead8e20fc9624b1dc2…

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bwood1946

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Re: How Labor would close down Australia
Reply #19 - Apr 24^th, 2018 at 1:06pm

juliar wrote on Apr 24^th, 2018 at 1:01pm:

The rapacious unions are out for every dollar they can pinch from decent Australians especially pensioners. Now they are after the SUPER funds as well.

Sally the mouse that roared and then went phut is worried about dodgy banks, you can't make this stuff up and Sal wants control of the superannuation funds.

Rethink dodgy banks, McManus tells funds
THEAUSTRALIAN.COM.AU

https://s18.postimg.cc/dwrma0sm1/31263243_6096865003230_3554241602450882560_n.pn...
ACTU secretary Sally McManus has urged industry superannuation funds to reconsider their relationships with the major banks in the wake of the revelations at the financial services royal commission.

Ms McManus today wrote to fund chief executives asking them to reconsider their commercial relationships with the “dodgy” banks, saying she had been “appalled by the outrageous and illegal behaviour” uncovered by the commission.

Superannuation funds have billions of dollars of bank stocks in their Australian share portfolios.

She said industry superannuation funds controlled the retirement savings of millions of Australians, and had consistently outperformed the for-profit funds run by the banks.

“Working people in Australia gave up pay rises in order to get universal superannuation off the ground to provide access to a dignified retirement for everyone,’’ she said.

“In light of the revelations of the past weeks at the Banking Royal Commission, I am asking Industry Super Fund CEOs to reconsider their commercial relationships with banks.

“The retirement savings of working people should not be used to prop organisations that house rotten, corrupt and unethical behaviours like those revealed over the past weeks.”

In her letter, she says a superannuation fund, and organisations the fund has a commercial relationship with, might have considerable direct and indirect relationships with one of the banks or service providers.

“Should this be the case, on behalf of the trade union members of your fund I am requesting that you review and consider these relationships, in accordance with your existing (environmental, social and governance) policies and procedures, unequivocally clarifying the expectations and interest of your funds members should you consider it appropriate for these relationships to continue,’’ she says.

According to financial services information company Rainmaker, bank stocks account for an estimated 25 per cent of the Australian share portfolios of not for profit superannuation funds.

Alex Dunnin, executive director of research and compliance at Rainmaker, said major investors in Australian shares had almost no choice but to invest in banks given the financial sector was one-third of the ASX.

“So whether industry funds like it or not they are entwined with the banking sector as either customers or shareholders, which is ironic if you consider how passionately industry funds and bank-owned funds compete with each other,’’ he said.

“Where it gets complicated for the industry funds is that even if they wanted to divest from the banks it will be hard to find another part of the economy big enough to absorb their capital.”

https://www.theaustralian.com.au/…/2aac8fead8e20fc9624b1dc2…

In other words ffoff UNION SLAG Grin

TPI VETERAN

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Prime Minister for Canyons Gold Member Offline Australian Politics Posts: 26906 Canberra Gender:	Re: How Labor would close down Australia Reply #20 - Apr 24^th, 2018 at 1:15pm So woulld juliar care to explain how a 50 dollar a week rise would not lead to more jobs and cause destruction of Australia
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juliar

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Re: How Labor would close down Australia
Reply #21 - Apr 24^th, 2018 at 1:22pm

The mere fact the CFMEU keep Setka speaks volumes on what they stand for, Shorten supporting Setka and his union tells us that he has no problem mixing with the **** of society.

Shorten is owned by the unions, he was part of the crooks until he upgraded in his mind, none of this trash should ever have anything to do with running Australia, Shorten has always been a puppet.

(The Australian)

Bill Shorten is a man of conviction, according to union boss John Setka. Setka, on the other hand is a man with convictions, at least 40 of them at the last count, and he’s facing charges under section 87 of the Crimes Act, which prohibits making demands with menace to gain an advantage.

“I think Bill Shorten is starting to make the ALP a stand for something party,” the Victorian head of the Construction Forestry Maritime Mining and Energy Union said last week.

Setka does not hand out such compliments lightly. In an email to members last month headed “Stop supporting traitors and dogs”, Setka plucked epithets from the thesaurus of profanities to attack Labor’s “sellout morons”.

Former treasurer Wayne Swan is a “maggot” and a “piece of sh**”, wrote Setka. Former Labor cabinet member Greg Combet was “earning good money from the same workers he helped f..k over.”

Setka’s foul-mouthed rhetoric may resonate within the thuggish subculture of the unionised construction industry, but decent law-abiding citizens find it unappealing.

Shorten’s support for Setka’s CFMMEU shows he is anything but a conviction politician. He is a man who does deals, like the one he struck with the construction union in 2013 in return for its support for his leadership bid.

A leader with conviction would call for union militants to be expelled from the party, as Kevin Rudd did before the 2007 election.

A leader with conviction would put the national interest before party factions, as Bob Hawke did in 1985 introducing legislation to deregister the Builders Labourers Federation.

Hawke told parliament the bill gave him no pleasure. “But we intend to take the action which is necessary in the interests of this society. We do so in the name of the country as a whole.”

The CFMMEU makes the BLF look like pussycats. This year alone the construction union and its officials have clocked up more than $2 million in fines and penalties, and it is feeling the pain.

The Australian Building and Construction Commission’s inspectors are “f..kers trying to take us to court and jail us”, Setka told a union rally last June. “You know what we’re going to do? We’re going to expose them all … they’re in for a big surprise.”

Under a Labor government, the unions will always be on the right side of the law because Shorten simply will abolish the laws the unions don’t like.

A Labor government will abolish the ABCC, re¬moving its protection for building contractors and the general public.

Industrial action will increase, productivity will fall and the cost of construction will rise. Sub-contractors will be harassed and concrete pours stopped. We know that because it happened last time.

Julia Gillard at least had the decency to replace John Howard’s ABCC with a watchdog with blunter teeth. Shorten has no such intention, as Ewin Hannan reported in a disturbing article on Saturday. Never mind that the Turnbull government won a double dissolution to pass its ABCC legislation. Never mind that it persuaded both chambers of parliament it was in the national interest.

The ABCC “breaches fundamental civil rights”, Labor’s workplace relations spokesman Brendan O’Connor told The Weekend Australian. “It’s in breach of International Labour Organisation conventions, it breaches international law.”

When politicians appeal to international law, you can be sure they are blustering. Even supposing O’Connor’s dubious claim was correct, the argument that an international convention should take precedence over laws passed by a sovereign parliament is cuckoo.

Yet Shorten has cut a deal and any argument will do. If he must roll over and have his tummy tickled, so be it.

Shorten’s passivity has emboldened union radicals, such as ACTU secretary Sally McManus, who says that when a law is unjust, she sees no problem breaking it. That’s how life is in McManus World, a place where plucky workers, beaten down by unjust laws and neoliberalism, take the fight up to top-hatted bosses who steal their wages.

Yet unions today are corporate entities, with multiple streams of revenue and millions of dollars at their disposal, every bit as remote from the lives of everyday Australians as the large private corporations they disdain.

The merger of the most belligerent, the Maritime Union of Australia and the Construction Forestry Mining and Energy Union, has produced an entity with $310m in assets and combined revenue of $148m a year.

The hypocrisy is astounding. Take United Voice which, like other unions, rails against corporate tax avoidance.

Two weeks ago the union sold a fully leased office building in Haymarket, Sydney, to a Chinese developer for $145.8m, almost three times the value listed in its annual report.

How much will United Voice be obliged to pay in capital gains tax? Nothing.

Unions enjoy the privilege of tax exception and weak reporting requirements rendering them opaque and unaccountable.

A bit more overleaf

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juliar

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Re: How Labor would close down Australia
Reply #22 - Apr 24^th, 2018 at 1:22pm

A bit more continues...

Labor’s pledge to scrap the Registered Organisation Commission will rid the likes of United Voice of another irritating statutory committee established to hold them to account.

Labor has become a servant to vested interests, the unions that pay for its election campaigns, serve as a training ground for its parliamentary candidates and con¬trol the powerful block votes at its conferences.

Shorten is a union man through and through, as Hawke was before him. If Shorten aspires to Hawke’s stature, however, he must muster the courage to say no.

He must look to the interests of 99 per cent of workers, not just the 1 per cent who are members of the CFMMEU.

Nick Cater is executive director of the Menzies Research Centre.

https://www.theaustralian.com.au/…/318b5f50b49f439a56ce872e…

Jill Christensen- Shorten making the ALP stand for something, is code for entrenching union corruption, militancy, and only obeying laws when they agree with them.

Rob Batty- Thug material there!!!

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Grappler Truth Teller Feller Gold Member Online Australian Politics Posts: 80312 Proud pre-1850's NO Voter Gender:	Re: How Labor would close down Australia Reply #23 - Apr 24^th, 2018 at 1:28pm Australia is open for workers - business can wait their turn... while we resolve their tax issues for them..... and get revenue on-track to resolve budgetary issues....
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juliar

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Re: How Labor would close down Australia
Reply #24 - Apr 24^th, 2018 at 1:43pm

Perhaps BH would be able to explain how it would ?

The low wage growth is due to a number of factors.

Still slow growth in business so there is no problem in getting staff.

Low inflation due to the cheap imported items and the mining downturn.

Some inflation for goods made in union mad Australia and renewable rubbish putting up electricity prices.

Quite good rational explanation here:- https://www.theaustralian.com.au/news/inquirer/low-wage-growth-based-on-solid-ec...

Another one:- http://www.afr.com/opinion/columnists/the-good-news-about-low-wages-growth-20171...

Now BH after actually reading these you will have the answer to your question.

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Prime Minister for Canyons Gold Member Offline Australian Politics Posts: 26906 Canberra Gender:	Re: How Labor would close down Australia Reply #25 - Apr 24^th, 2018 at 1:44pm No, I asked you first. How will increasing the minimum wage not lead to a increase in employment?
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Its time

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Re: How Labor would close down Australia
Reply #26 - Apr 24^th, 2018 at 2:15pm

Prime Minister for Canyons wrote on Apr 24^th, 2018 at 1:44pm:

No, I asked you first. How will increasing the minimum wage not lead to a increase in employment?

It doesn't have a clue, the backbone of any economy is the consumers , crank up the cost of living and keep wages low and you get .4 of 1% growth through Xmas with no GFC , I slammed my wallet shut the day libtards were elected and it appears everybody else has finally caught on as household savings have dropped from 10% in 2013 to less than 3%

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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: How Labor would close down Australia Reply #27 - Apr 24^th, 2018 at 2:18pm Remember when Joe hockey told us all to go out and spend , I made sure I made even more cut bucks
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juliar

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Re: How Labor would close down Australia
Reply #28 - Apr 24^th, 2018 at 7:27pm

Polly Waffle shows why he is normally ignored.

BH runs for cover as soon as the spotlite swings onto him. In other words he knows he is talking bulldust and cannot back up what he says.

He just wants to go off onto one of his endless circular waffle sessions to try to change the subject which is distinctly unpleasant for the Lefties.

BH your fearsome reputation precedes you. Now back to the topic.

It's a rather long article but the rules are simple if Shortonbrains is elected to run Australia the union vermin will be in charge and we might as well close up shop, the man is a raving lunatic. Read it and weep.

Shorten plan to give unions more clout
THEAUSTRALIAN.COM.AU

If Bill Shorten becomes prime minister, the rules of engagement between labour and capital in this country will be rewritten, diminishing the bargaining power of employers and enhancing the influence of unions and workers.

Labor’s labour promises

• Scrap the Australian Building and Construction Commission

• Revive the powers of the Road Safety Remuneration Tribunal

• Abolish the Registered Organisations Commission

• Higher penalties on employers for deliberate underpayment of wages

• New definition of casual employment

• Greater capacity or Fair Work Commission to arbitrate long-running “intractable” disputes

• Scrap the ability of companies to terminate enterprise agreements

• Reduce employer capacity to lock out workers for lengthy periods

• Potentially require the commission to give greater weight to the needs of low-paid workers when determining minimum wage increases

• Overhaul low-paid bargaining laws to allow claims on multiple employers

• Penalty rate cuts by the commission to be reversed

• Workers to receive 10 days paid domestic violence leave annually

Some snorter comments about Snorter Shorten.

Darran Bairstow I wonder how long it would take Shorten to lead Australia into recession if he becomes PM??

Mike Hogan Well you get what you vote for. The sooner Shortime and the thugs get elected the sooner they get tossed out. Let them inherit the national debt they help create with the help of the greens. Shortime and the greens have manipulated the Senate in opposition. If you vote labor, union thugs, and the greens you should feel responsible for the enfolding tragedy.

John Kearns "...still the largest social and economic movement in Australia by a country mile."
I know of one far far larger buddy. The pensioner movement.
You fail the truth test buddy.

Ruth Cervenka Communism isn't thawing, it is burning with a deadly heat, and it is surely not sleeping, it is as always plotting, scheming, working to fight the people.
Shortens goal of socialism IS communism.

Werner Hecht Again we will lose more factories, closing down. We got hardly any big employer's left. Don't make cars ships etc. anymore. I do believe that we need unions, as there are scrupulous employers out there. But most of our unions are not flexible enough. Fair negotiations should be the answer. But l would never trust Shorten.

Robin Brown And the only reason this arse rimmer is still a pathetic corrupt leader is because he has made promises to the filth union power mongerers. And promises he cant keep.

Noel Latimer Look at all the liberal trolls come out to play make comments they know nothing about and run back to there caves

Freda Metcalfe Unions will finish off whatever industries are left

John Long The puppet and its master. Really frightening.

William Sanderson Shorten. We already know he can’t ever be trusted, he tells lies on a daily basis. We already know all his actions are directed by his union bosses. He has to do their bidding, they pay his/labors way in elections and covering other “expenses“. Union pay, labor obeys. You labor voters DO NOT have the say, it is the UNIONS. A vote for Shorten in actual effect is a vote for the UNIONs. Take care, Australia needs to retain control over OUR COUNTRY. Its borders, all of its laws, NEVER allow the UN/ONE WORLD Government to be in control. That is totally unacceptable.

Mick Lanagan I still find it kinda funny that Turnbull once aspired to join the Labor Party and was rejected.

Barbara Cleal SHORTON SHOULD BE EXTERMINATED.

Marlene Fernando In for serious trouble if he gets in. With all the rorts in the past and still going on?

Leigh Peatt Drain the Swamp & get rid of this IDIOT before it is too late!!

Stan Griffiths This is so very true, we will be in dire sh** if Shorten gets voted in !!

Martini Henry Bill ShortAss has been watching too many Adolf Hitler rallies. 😁

Eleanor Evans You only have to see how Victoria is run Andrews and his union partners have destroyed this state queensland not far behind all union run

Noel Latimer How come your worried about over he when you live in nz it's not affecting you ??

Eileen Bruce Perkins I still reckon Turnbull is working hand in hand with him

Mervyn Beamish In otherwords the pendulum will swing in favour of the 'worker' and away from big business

Phyllis Bell I think its up to all Australians to give Bill Shorten some clout and banish him for ever.

Tim Montague The bloke is dumber than *** ****

Cindy Bowles Time to kick out the old and bring in Pauline Hanson

Thaess White Heaven help us.

Curt Rendall I hope he is never Prime Minister

Alyson Hay Never get my vote boofhead

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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: How Labor would close down Australia Reply #29 - Apr 24^th, 2018 at 7:29pm Labor , majority government , hopefully by August
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