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Hello, my name is ScoMo, I'm not from marketing, but I am calling on behalf of the ATO .... :p https://www.smh.com.au/business/the-economy/the-ato-just-got-a-gift-20200403-p54gsh.html

Today's AFR Warning of asset fire sale Funds catering to hard-hit industries such as hospitality, retail and tourism could receive many claims from young jobless members with few other assets to fall back on. If between one-third and a quarter of members of Hostplus and REST withdraw $20,000...

IMHO no chance. Think about all the other countries that will still be fighting this thing, eg, 2/3 of global population, international travel could well be affected for 2/3 years.

.. In these times - what exactly is your objection? From what I've read there is a substantial amount of people getting more than a decent wage lift via the job-keeper or job-seeker initiatives.

Really...

So now we have too much welfare? .... the classic, you cannot please everyone example.

Yes, but it's architects, builders, trade stores, wholesalers, and heaps of others - we're spending local!

You forgot one - No Stand Downs... lets, be fair and honest about this! How many millionaires, did you see lining up for centrelink last week? All I saw was a million or so unemployed.

What makes you confident the future fund won't be tapped for general funding? This is a 1 / 100 year event, good luck thinking a certain section of the community is safe - selfish much!

Simple - they are public servants.... or, am I missing the obvious ?

I'll leave this here - for the ones that can't be bothered reading, and why would you! Some of us get 9.5% as super contributions, most get nothing as sole traders or businesses owner that don't take a wage! What do think the PS get? 15.4% .... Yeah, take a glance at your super contribution...

The new Q - how will KF handle their affairs? It might end up being a transfer from one leaking life boat > to another, that has less leaks, but is required to jettison just about everything to survive.

Another day, another song ;)

I will add - I'm suppose to be retired! Looks like the fourth wind is about to blow, and we're off again.

Things have changed. Looking very much like we need to look at all the low hanging fruit - these schemes appear totally disgraceful! About time they are exposed and talked about in the open. If all things are on the table - well, let it all hang out. I'm sure unpleasant exposure is coming...

Other than paying for things like.... fires, floods, cyclones, viruses, life, and just about everything else these days.

Two things... 1. You can leave anytime you want, or you had the chance prior to border restrictions 2. IIRC you sign a declaration stating you can economical fend for yourself I'll add a third... what do you think Australians stranded around this globe are facing? The papers are full of...

Don't forget about demolishing "defined benefits schemes" :p

One of our businesses was issued the letter last week. We can issue the same to anyone we feel is required to complete business. Must say, very unexpected, very appreciated. We are hiring - in a big way. It' s a great feeling to be able to hire in these times.

We're already three OS trips down, 3 more to cancel, and that's not counting the impulsive stuff .... the things we have to do!