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Patch
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Photon at June 16, 2016 at 10:41 PM

PM Malcolm Turnbull says Coalition will 'never, ever' privatise Medicare.

I hope that Mal is telling the truth.

However I do recall the phrase “never ever” being used by John Howard regarding the GST.


http://www.abc.net.au/news/2016-06-17/election-2016-live-blog-june-17/7517632

 

He said never ever? Oh well, it's a forgone conclusion then.

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June 16, 2016 at 11:05 PM Flag Quote & Reply

Rumpole
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Posts: 21945

Patch at June 16, 2016 at 11:05 PM

Photon at June 16, 2016 at 10:41 PM

PM Malcolm Turnbull says Coalition will 'never, ever' privatise Medicare.

I hope that Mal is telling the truth.

However I do recall the phrase “never ever” being used by John Howard regarding the GST.


http://www.abc.net.au/news/2016-06-17/election-2016-live-blog-june-17/7517632

 

He said never ever? Oh well, it's a forgone conclusion then.

Fraser tried it once and Hawke had to reintroduce it.


The sale of Medibank Private was the first step, salami tactics will see to the rest over time.

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June 16, 2016 at 11:28 PM Flag Quote & Reply

Rumpole
Moderator
Posts: 21945

Here is a cheery thought. Unless you are in one of only 30 seats your vote doesn't really matter.


I know the feeling.


Pork barrelling and the hoax of 'every vote counts'


http://www.abc.net.au/news/2016-06-17/cassidy-pork-barrelling-and-the-hoax-of-every-vote-counts/7519082

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June 17, 2016 at 3:54 AM Flag Quote & Reply

Rumpole
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Posts: 21945

Election 2016: Treasury documents undermine Government's negative gearing claims

 

 

The Federal Government's argument that negative gearing mainly benefits average Australians has been undermined by documents obtained from its own Treasury.

Key points:

FOI report shows more than half of negative gearing tax benefits go to top 20 per cent of incomes

Bottom 20 per cent of earners getting 5 per cent of benefits

Modelling predicts negative gearing and CGT policies could add $6b to the budget bottom line

Negative gearing allows investors — notably property investors — to deduct losses against other sources of income, such as wages.

Federal Labor earlier this year vowed to go after the tax deduction if elected, by restricting it to new properties from mid-2017.

An ABC Freedom of Information (FOI) investigation has revealed most of the advantages of the property tax break go to high-income earners.

The modelling — prepared by a third party after Labor's February announcement — said more than half of the negative gearing tax benefits go to the top 20 per cent of incomes in Australia.

"Negative gearing benefits high-income families," the document said.

The report stated those in the bottom 20 per cent were getting just over 5 per cent of negative gearing tax benefits.

Discount 'overwhelmingly' benefits high-income families

What is negative gearing?

Debate over negative gearing is raging after it was revealed the Reserve Bank had given some support for changing the system. But what is it?

The Capital Gains Tax (CGT) discount generally provides a 50 per cent discount on profits made from selling an asset, for example an investment property.

The modelling predicted the combined effect of Labor's negative gearing and CGT policies could add up to $6 billion a year to the budget bottom line "depending on the increase in new housing construction flowing from the new housing exemption".

Labor pledged to slash the discount to 25 per cent, while protecting existing investments.

According to the advice, the CGT discount "overwhelmingly benefits high-income families", with the top 10 per cent accounting for nearly three-quarters of the tax savings.

Labor's controversial pledge to go after the tax perks has seen the Government launch a fierce campaign against the move, claiming it would smash house prices and drive up rents.

Who uses negative gearing?

Search our database to see which occupations are claiming the most negative gearing tax deductions.

Prime Minister Malcolm Turnbull has said Labor's policy would be a disaster.

"The vast majority of people who are negative gearing properties, that is to say they're offsetting a net rental loss against their personal income, have got taxable income of $80,000 or less. That's a fact," Mr Turnbull said last month.

"[It] will smash the value of properties and it will drive up rent. It will drive up rent."

But Opposition Leader Bill Shorten has maintained the changes are long overdue.

"Let's not fall for one of the big lies of the Liberal Party that somehow negative gearing is a Robin Hood tax concession which lifts the poor out of poverty. That's rubbish," Mr Shorten said last month.

 

http://www.abc.net.au/news/2016-06-1...claims/7521930

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June 17, 2016 at 5:51 AM Flag Quote & Reply

Photon
Member
Posts: 7839

The release of that document on negative gearing should be a game changer.

Combined with the Parakeelia scandal and the Liberal Party has a real credibility problem.

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June 17, 2016 at 9:02 PM Flag Quote & Reply

Photon
Member
Posts: 7839

Please tell him that he is dreaming …..............


Clive Palmer to stand PUP Senate candidates in every state.

Party leader Clive Palmer said he hoped to regain the balance of power.


Clive, you used up the last of your limited credibility some time ago.  :roll:


http://www.abc.net.au/news/2016-06-18/palmer-party-to-stand-senate-candidates-every-state-clive-palmer/7522846

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June 18, 2016 at 3:00 AM Flag Quote & Reply

Photon
Member
Posts: 7839

Well Rumpole and I were impressed with Bill Shorten's speech, but what did the media think about it?   :/


ABC News:  http://www.abc.net.au/news/2016-06-19/bill-shorten-declares-he-can-win-the-election-at-labor-launch/7523868

Fairfax Media:  http://www.smh.com.au/federal-politics/federal-election-2016-opinion/federal-election-2016-bill-shortens-best-shot-but-will-it-be-enough-20160619-gpmmyv.html

Guardian Australia:  http://www.theguardian.com/australia-news/2016/jun/19/election-2016-bill-shorten-promises-to-reverse-health-cuts-and-reveals-jobs-plan


What about Murdoch's fish wrappers you say?  

Who cares what Rupert thinks ?   :roll:


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June 19, 2016 at 4:20 AM Flag Quote & Reply

Rumpole
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Posts: 21945

A bit cynical from Mark Kenny, but I guess it's a reporter's job to be cynical.


The picture of Bill's son reminded me of Eddie Munster for some reason.

:)

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June 19, 2016 at 4:29 AM Flag Quote & Reply

Photon
Member
Posts: 7839

Liberal Party's 'fake tradie' advertisement comes under fire on social media.

Every election the LNP tries these types of ads and they always generate the same backlash.

Will they ever learn?  :roll:


http://www.abc.net.au/news/2016-06-20/'fake-tradie'-liberal-party-advertising-under-fire/7525090

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June 19, 2016 at 10:01 PM Flag Quote & Reply

Photon
Member
Posts: 7839

A new report from ANZ has warned there could be a shortage in significantly skilled labour across Australia by 2030, caused by a shift from a mining economy to a services one, and as the country grapples with an ageing population.

In the report, titled "Servicing Australia's Future", ANZ said it expected Australia's exports to shift to the health, education, tourism and professional services industries by 2030, at a time when almost 20 per cent of the Australian population will be older than 65.


Would the funding cuts and outsourcing of TAFE’s functions have anything to do with this?

I think that it’s a contributing factor.

Various people have been warning of a skills shortage for quite some time but successive governments have just issued more 457 Visas.  That is not the answer.   :(



http://www.abc.net.au/news/2016-06-20/anz-warns-australia-could-face-skilled-labour-shortage-by-2030/7525604

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June 19, 2016 at 11:01 PM Flag Quote & Reply

Photon
Member
Posts: 7839

Excuse me Mr Turnbull is this Innovative Thinking at work ?  :/

Criminals using fake job ads on Government website JobActive to dupe people into laundering money.

International money launderers are using an Australian Government employment website to lure unsuspecting job-seekers into becoming money mules.

The criminals offer fake jobs on the website JobActive, and trick users into handing over their personal bank account details.


http://www.abc.net.au/news/2016-06-20/employment-website-exposes-job-seekers-to-money-laundering-scam/7525616

 

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June 20, 2016 at 3:20 AM Flag Quote & Reply

Rumpole
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Posts: 21945

Photon at June 20, 2016 at 3:20 AM

Excuse me Mr Turnbull is this Innovative Thinking at work ?  :/

Criminals using fake job ads on Government website JobActive to dupe people into laundering money.

International money launderers are using an Australian Government employment website to lure unsuspecting job-seekers into becoming money mules.

The criminals offer fake jobs on the website JobActive, and trick users into handing over their personal bank account details.


http://www.abc.net.au/news/2016-06-20/employment-website-exposes-job-seekers-to-money-laundering-scam/7525616

 

Just the normal operation of a competitive market.


:(

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June 20, 2016 at 3:30 AM Flag Quote & Reply

Photon
Member
Posts: 7839

Vote Compass: Majority of Australians want faster NBN, even if it costs more.

The ABC's Vote Compass reveals 69 per cent of voters support an NBN that delivers faster speeds, even if it costs the Government more.

That sentiment was strongest among Labor and Greens voters but 52 per cent of Coalition voters also agreed it would be worth spending more taxpayer money to achieve faster internet.

http://www.abc.net.au/news/2016-06-21/election-2016-nbn-internet-speeds-vote-compass/7526334

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June 20, 2016 at 5:48 PM Flag Quote & Reply

Rumpole
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Posts: 21945

Labor proved correct over Internet speeds.


http://www.abc.net.au/news/2016-06-21/fact-check-australias-internet-speed-rank/7509352

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June 20, 2016 at 7:07 PM Flag Quote & Reply

Rumpole
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Posts: 21945

A good article on globalisation and "Free" Trade.


http://www.abc.net.au/news/2016-06-20/verrender-is-globalisation-coming-to-an-end/7524732

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June 20, 2016 at 8:52 PM Flag Quote & Reply

Photon
Member
Posts: 7839

Rumpole at June 20, 2016 at 7:07 PM

Labor proved correct over Internet speeds.


http://www.abc.net.au/news/2016-06-21/fact-check-australias-internet-speed-rank/7509352

I'm sure that Tony Windsor has forward a copy of this article to Barnaby Joyce (cc Malcolm Turnbull).  8) 

But seriously folks, dropping from 30th to 60th in the world in three years is a bloody disgrace !

The Coalition's interference with the NBN is one of their most stupid policies ever. 

They just had to fiddle with it only because the other mob cooked it up.   :mad:

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June 20, 2016 at 10:47 PM Flag Quote & Reply

Photon
Member
Posts: 7839

Rumpole at June 20, 2016 at 8:52 PM

A good article on globalisation and "Free" Trade.


http://www.abc.net.au/news/2016-06-20/verrender-is-globalisation-coming-to-an-end/7524732

" Tax cuts for the wealthy and for large corporations were supposed to incentivise individuals and large businesses, resulting in ever larger profits and greater employment prospects. The profit side worked. Not so for employment. "

That sums up Ian Verrender's Drum article very well. 

Free Trade must also be Fair Trade:  Its got to be a Win - Win outcome or its not worth the effort. 

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June 20, 2016 at 10:56 PM Flag Quote & Reply

Rumpole
Moderator
Posts: 21945

Guess what's come for dinner.


http://www.abc.net.au/news/2016-06-21/python-found-mission-beach-bedroom-north-queensland-monty/7530776

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June 21, 2016 at 9:10 AM Flag Quote & Reply

Rumpole
Moderator
Posts: 21945

Some people just can't wait for the NBN.

 

Western Australian farmer frustrated by the lack of connectivity develops his own on-farm wi-fi network

 

http://www.abc.net.au/news/2016-06-2...etwork/7527270

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June 21, 2016 at 9:38 PM Flag Quote & Reply

Photon
Member
Posts: 7839

Rumpole at June 21, 2016 at 9:38 PM

Some people just can't wait for the NBN.

 

Western Australian farmer frustrated by the lack of connectivity develops his own on-farm wi-fi network

 

http://www.abc.net.au/news/2016-06-2...etwork/7527270

Please forward a copy onto Malcolm Turnbull.   :roll:

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June 21, 2016 at 10:53 PM Flag Quote & Reply

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