Australian Politics Forum - Australia's declining economy

Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Australia's declining economy Dec 5^th, 2018 at 11:56pm Australia's economic growth slows rapidly to 2.8pc
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Laugh till you cry Gold Member Offline Posts: 16619 In your happy place Gender:	Re: Australia's declining economy Reply #1 - Dec 6^th, 2018 at 12:04am Its going to slow even further if Chinese trade drops and further still if oil prices stay low or go lower.
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: Australia's declining economy Reply #2 - Dec 6^th, 2018 at 12:49am Zero wage growth, poor economic growth, a stagnant moribund graveyard and the libs motto when faced with the facts, we won't let labor talk down the economy Deary deary deary me
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aquascoot

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Australian Politics

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Re: Australia's declining economy
Reply #3 - Dec 6^th, 2018 at 6:04am

this could be reversed.

morrison and shorten need to tell fat steve and fat janeen that they need to stop the complaining and start some businesses.

they need to tell fat steve and fat janeen that they live at the pinnacle of prosperity and that no one ever had it easier then an australian living in 2018.

they need to tell them that if they cant contribute and push thru problems and be a source of positive joy and inspiration , then they freaking suck.

they need to tell them that to complain and whine and expect canberra to fix all their problems is to descend into the mind frame of a 4 yo.

scott
bill
help
help me.

when i was 4 i had a problem and my mummy helped me

are you my mummy scott
are you my mummy bill.

why wont anyone help me
i'm sad
i think i'll construct my personality around it
the story of me.

"me,me ,me and my rough little life"

i think i'll tell everyone about it and post my complaints on line.

just so you know
just so you know.

do that if you want.
self pity is totally understandable
its also totally useless by the way.

the fact that our politicians pander to this sort of self destruction is unforgiveable

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Bam

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Gender: male

Re: Australia's declining economy
Reply #4 - Dec 6^th, 2018 at 8:09am

Laugh till you cry wrote on Dec 6^th, 2018 at 12:04am:

Its going to slow even further if Chinese trade drops and further still if oil prices stay low or go lower.

That is not correct. Oil prices constrain the economy more when they are high, not when they are low. Higher oil prices cause higher fuel prices and this takes money out of the economy.

This problem will persist until we wean ourselves off imported oil-based fuel. Encouraging the replacement of petrol vehicles with electric vehicles and introducing a domestic biofuel industry should be considered.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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Laugh till you cry

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Re: Australia's declining economy
Reply #5 - Dec 6^th, 2018 at 9:19am

Bam wrote on Dec 6^th, 2018 at 8:09am:

Laugh till you cry wrote on Dec 6^th, 2018 at 12:04am:

Its going to slow even further if Chinese trade drops and further still if oil prices stay low or go lower.

That is not correct. Oil prices constrain the economy more when they are high, not when they are low. Higher oil prices cause higher fuel prices and this takes money out of the economy.

This problem will persist until we wean ourselves off imported oil-based fuel. Encouraging the replacement of petrol vehicles with electric vehicles and introducing a domestic biofuel industry should be considered.

Oil prices have an effect on LNG prices.

Long-term contracts cover 80+% of the LNG market and are linked to oil price. Spot prices may reflect supply and demand.

Australia's newest LNG projects are hurting because of low prices which may persist for decades as new LNG projects are coming on stream.

https://www.reuters.com/article/us-column-russell-lng-asia-idUSKCN0YH0ZE

Quote:

... This dichotomy is likely to up buyer pressure on producers to amend or renegotiate long-term contracts to make them reflect the realities of the natural gas and LNG markets, rather than the oil market.

However, producers will have little incentive to end oil-linked contracts, as this would cut their revenues substantially and expose them further to the glut of LNG that is expected to persist for several years to come.

The oversupply of LNG may actually worsen in coming years as more U.S. projects ramp up and the last of the eight major Australian ventures come to full production.

This means buyers increasingly hold the upper hand, making it more likely that producers will have to accept lower prices in order to grow demand. ...

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« Last Edit: Dec 6^th, 2018 at 9:39am by Laugh till you cry »

Please don't thank me. Effusive fawning and obeisance of disciples, mendicants, and foot-kissers embarrass me.

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philperth2010

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Australian Politics

Posts: 21097
Perth
Gender: male

Re: Australia's declining economy
Reply #6 - Dec 6^th, 2018 at 9:27am

aquascoot wrote on Dec 6^th, 2018 at 6:04am:

this could be reversed.

morrison and shorten need to tell fat steve and fat janeen that they need to stop the complaining and start some businesses.

they need to tell fat steve and fat janeen that they live at the pinnacle of prosperity and that no one ever had it easier then an australian living in 2018.

they need to tell them that if they cant contribute and push thru problems and be a source of positive joy and inspiration , then they freaking suck.

they need to tell them that to complain and whine and expect canberra to fix all their problems is to descend into the mind frame of a 4 yo.

scott
bill
help
help me.

when i was 4 i had a problem and my mummy helped me

are you my mummy scott
are you my mummy bill.

why wont anyone help me
i'm sad
i think i'll construct my personality around it
the story of me.

"me,me ,me and my rough little life"

i think i'll tell everyone about it and post my complaints on line.

just so you know
just so you know.

do that if you want.
self pity is totally understandable
its also totally useless by the way.

the fact that our politicians pander to this sort of self destruction is unforgivable

What a load of bullshit....If the Government cannot provide leadership and implement policies that provide certainty and clarity to business and investment the economy suffers and so do the public....Blaming the public when the economy is flat and investment id declining is typical right wing wanker stuff....If the Government takes responsibility when things are going well they deserve the blame when things are going bad especially when it is their fault....No policies, No leadership and no f@#king idea....This rabble must go!!!

Roll Eyes

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If knowledge can create problems, it is not through ignorance that we can solve them.
Isaac Asimov (1920 - 1992)

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aquascoot

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Australian Politics

Posts: 37920
Gender: male

Re: Australia's declining economy
Reply #7 - Dec 6^th, 2018 at 10:00am

philperth2010 wrote on Dec 6^th, 2018 at 9:27am:

aquascoot wrote on Dec 6^th, 2018 at 6:04am:

this could be reversed.

morrison and shorten need to tell fat steve and fat janeen that they need to stop the complaining and start some businesses.

they need to tell fat steve and fat janeen that they live at the pinnacle of prosperity and that no one ever had it easier then an australian living in 2018.

they need to tell them that if they cant contribute and push thru problems and be a source of positive joy and inspiration , then they freaking suck.

they need to tell them that to complain and whine and expect canberra to fix all their problems is to descend into the mind frame of a 4 yo.

scott
bill
help
help me.

when i was 4 i had a problem and my mummy helped me

are you my mummy scott
are you my mummy bill.

why wont anyone help me
i'm sad
i think i'll construct my personality around it
the story of me.

"me,me ,me and my rough little life"

i think i'll tell everyone about it and post my complaints on line.

just so you know
just so you know.

do that if you want.
self pity is totally understandable
its also totally useless by the way.

the fact that our politicians pander to this sort of self destruction is unforgivable

What a load of bullshit....If the Government cannot provide leadership and implement policies that provide certainty and clarity to business and investment the economy suffers and so do the public....Blaming the public when the economy is flat and investment id declining is typical right wing wanker stuff....If the Government takes responsibility when things are going well they deserve the blame when things are going bad especially when it is their fault....No policies, No leadership and no f@#king idea....This rabble must go!!!

Roll Eyes

heres a thought.
youre a grown man
how about YOU provide leadership and go start a business and employ some people.

No?

i guess its just easier to complain and behave like a little puke that wants Scott and Bill to look after him and wipe his bottom from"cradle to grave" Roll Eyes

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Bam

Gold Member

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Australian Politics

Posts: 21905
Gender: male

Re: Australia's declining economy
Reply #8 - Dec 6^th, 2018 at 10:38am

Laugh till you cry wrote on Dec 6^th, 2018 at 9:19am:

Bam wrote on Dec 6^th, 2018 at 8:09am:

Laugh till you cry wrote on Dec 6^th, 2018 at 12:04am:

Its going to slow even further if Chinese trade drops and further still if oil prices stay low or go lower.

That is not correct. Oil prices constrain the economy more when they are high, not when they are low. Higher oil prices cause higher fuel prices and this takes money out of the economy.

This problem will persist until we wean ourselves off imported oil-based fuel. Encouraging the replacement of petrol vehicles with electric vehicles and introducing a domestic biofuel industry should be considered.

Oil prices have an effect on LNG prices.

Long-term contracts cover 80+% of the LNG market and are linked to oil price. Spot prices may reflect supply and demand.

Australia's newest LNG projects are hurting because of low prices which may persist for decades as new LNG projects are coming on stream.

https://www.reuters.com/article/us-column-russell-lng-asia-idUSKCN0YH0ZE

Quote:

... This dichotomy is likely to up buyer pressure on producers to amend or renegotiate long-term contracts to make them reflect the realities of the natural gas and LNG markets, rather than the oil market.

However, producers will have little incentive to end oil-linked contracts, as this would cut their revenues substantially and expose them further to the glut of LNG that is expected to persist for several years to come.

The oversupply of LNG may actually worsen in coming years as more U.S. projects ramp up and the last of the eight major Australian ventures come to full production.

This means buyers increasingly hold the upper hand, making it more likely that producers will have to accept lower prices in order to grow demand. ...

Australia imports about 90% of its automotive and aviation fuel. High prices here have a broad stifling effect on the economy.

A good proportion of LNG profits go overseas, Most motorists are not going to hold enough shares in LNG companies to hedge against high fuel prices.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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philperth2010

Gold Member

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Australian Politics

Posts: 21097
Perth
Gender: male

Re: Australia's declining economy
Reply #9 - Dec 6^th, 2018 at 11:00am

aquascoot wrote on Dec 6^th, 2018 at 10:00am:

philperth2010 wrote on Dec 6^th, 2018 at 9:27am:

aquascoot wrote on Dec 6^th, 2018 at 6:04am:

this could be reversed.

morrison and shorten need to tell fat steve and fat janeen that they need to stop the complaining and start some businesses.

they need to tell fat steve and fat janeen that they live at the pinnacle of prosperity and that no one ever had it easier then an australian living in 2018.

they need to tell them that if they cant contribute and push thru problems and be a source of positive joy and inspiration , then they freaking suck.

they need to tell them that to complain and whine and expect canberra to fix all their problems is to descend into the mind frame of a 4 yo.

scott
bill
help
help me.

when i was 4 i had a problem and my mummy helped me

are you my mummy scott
are you my mummy bill.

why wont anyone help me
i'm sad
i think i'll construct my personality around it
the story of me.

"me,me ,me and my rough little life"

i think i'll tell everyone about it and post my complaints on line.

just so you know
just so you know.

do that if you want.
self pity is totally understandable
its also totally useless by the way.

the fact that our politicians pander to this sort of self destruction is unforgivable

What a load of bullshit....If the Government cannot provide leadership and implement policies that provide certainty and clarity to business and investment the economy suffers and so do the public....Blaming the public when the economy is flat and investment id declining is typical right wing wanker stuff....If the Government takes responsibility when things are going well they deserve the blame when things are going bad especially when it is their fault....No policies, No leadership and no f@#king idea....This rabble must go!!!

Roll Eyes

heres a thought.
youre a grown man
how about YOU provide leadership and go start a business and employ some people.

No?

i guess its just easier to complain and behave like a little puke that wants Scott and Bill to look after him and wipe his bottom from"cradle to grave" Roll Eyes

Here is a thought....How about the Government does what it is elected to do and show some leadership....Instead of blaming the public because the economy is slowing how about you get your head out of your fat ass and place the blame were it belongs....You are all about blaming other people for this crap Government....Typical right wing dickhead!!!

Roll Eyes

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If knowledge can create problems, it is not through ignorance that we can solve them.
Isaac Asimov (1920 - 1992)

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juliar

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Posts: 22966

Re: Australia's declining economy
Reply #10 - Dec 6^th, 2018 at 12:23pm

Bammy is telling fibs to ally his great worry that Labor will fall in a heap as ScoMo rips it apart by alarming the population so much they see Labor as evil unAustralian ogres.

Actually the economy is going rather well and the Libs will have a SURPLUS in their excellent pro-Australia BUDGET next year.

Compare this to the failure Swanny's disastrous debt ridden FUDGET attempts with the DEBT growing worse with each messed up unfunded FUDGET.

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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: Australia's declining economy Reply #11 - Dec 6^th, 2018 at 12:26pm Joe Hockey promised a surplus in 2014
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Australia's declining economy Reply #12 - Dec 6^th, 2018 at 12:31pm wayne and julia did in 2010 20111 2012even 2013 no ifs or buts.. never fear Bill will deliver you watch.
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juliar

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Posts: 22966

Re: Australia's declining economy
Reply #13 - Dec 6^th, 2018 at 12:57pm

WA's finest the Polly Waffle VIRUS strikes again with more delirious Fake News. The Polly Waffle VIRUS hasn't got a clue about Labor's shaky house of cards built on unfunded renamed Greeny junk "Policies".

Make no mistake the Greenies will control Labor thru the Senate creating the WORST "GOVT" in Australia's history plundering and pillorying all that is sacred in Australia.

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Bam

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Posts: 21905
Gender: male

Re: Australia's declining economy
Reply #14 - Dec 6^th, 2018 at 1:10pm

cods wrote on Dec 6^th, 2018 at 12:31pm:

wayne and julia did in 2010 20111 2012even 2013 no ifs or buts..

never fear Bill will deliver you watch.

And then the Liberals had the chutzpah to blame Labor for restraining spending to balance the Budget. With this amount of spin, the Liberals have the wrong occupation. They should have been bowling leg spin in Test cricket.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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