Oz Federal Election 2013 - Discussion and Comments

[wmetz]

Why should 1% of the population receive a benefit to drive a car for personal use and the other 22 million cant receive it!

And talk about it damage the car industry, well didn't one of the big car makers just quit local production, and now want support so they can sell imported cars.

The QLD Report: The only thing this government in QLD done right was to get rid of the smart state tag. In today's news. Going to sack 100 experience nurses so they can employ 100 inexperience nurses. So in few years later, these new nurses can train the next lot of inexperience nurses. I cant see any problems developing from that.

And the Dty Premier arguing that he needs that private plan to fly him directly home, while using a combination of commerical flights and maybe a taxi service would save the tax payer about $4000 a week. Maybe he should speak to average job who drive from north or south coast to brissie everyday, that about 700-1000km per week driving. And now with the good thing that radar traps only allow 1km over the limit, that should help their budget and time.

Strange MR Tony was in QLD yesterday but where was the QLD premier, esp as wouldnt the funding have to be part paid by QLD taxpayers.

 

[11sjw]

Totally agree. I think there should be a review of all government payments to private corporations and determine if we're getting value for money. I.e. are they innovating or providing an essential service. But to prop up dying industries because they can wield high level political pressure is an absolute waste.

Is it cheaper to prop them up in lieu of dealing with the number of unemployed that would be generated if the propping was removed?

 

[Hvr]

Is it cheaper to prop them up in lieu of dealing with the number of unemployed that would be generated if the propping was removed?

In the short term, probably. In the long term, no. We're wasting resources that could be used more productively in other fields.

 

[amaroo]

Is it cheaper to prop them up in lieu of dealing with the number of unemployed that would be generated if the propping was removed?

I'm sure comrades that work in the car industry are just as capable as the rest of us - they will need to trot off and find work in other fields.

 

[SQ421]

Strange MR Tony was in QLD yesterday but where was the QLD premier, esp as wouldnt the funding have to be part paid by QLD taxpayers.

I'm only speculating but perhaps Mr Abbott doesn't want to be seen on the same stage as Mr Newman

And, coming back to the "only way ALP is win is if Abbott loses this via a major Gaffe" apparently today he's asked the PM if he wants to "massage the boats" ?

Yeah, I'm not sure what that means either.

 

[Pushka]

A very good friend of ours is at risk of losing his job now due to the proposed Car Lease arrangements. His company is involved in organising the leasing contracts. And they've stopped trading on the ASX. Butterfly effect much?

 

[drsmithy]

A very good friend of ours is at risk of losing his job now due to the proposed Car Lease arrangements. His company is involved in organising the leasing contracts. And they've stopped trading on the ASX. Butterfly effect much?

Because of a change dependent on Labor winning the next election ?

Doesn't even pass the laugh test.

Either your "friend" is lying to you, or his boss is lying to him.

 

[Pushka]

Because of a change dependent on Labor winning the next election ?

Doesn't even pass the laugh test.

Either your "friend" is lying to you, or his boss is lying to him.

People posting snide comments when they don't know the full picture.

Did you miss the bit where I said the shares were placed in a trading halt because of it? A 'boss' lying about that would be queried by the ASX. This is not some small bit business but a publically listed company.

And for the record he is Labor to his core.

http://m.theaustralian.com.au/busin...rackdown-on-cars/story-fn91v9q3-1226680402514

http://m.theaustralian.com.au/news/...form-to-hit-hard/story-e6frg6n6-1226680385997

http://www.topstocks.com.au/stock_discussion_forum.php?action=show_thread&threadid=972000

 

[drsmithy]

People posting snide comments when they don't know the full picture.

Did you miss the bit where I said the shares were placed in a trading halt because of it? A 'boss' lying about that would be queried by the ASX. This is not some small bit business but a publically listed company. Do you know what that is?

MMS is at $15.36.

A month and a half ago, it was at $15.
Six months ago, it was at $13.
A year ago, $11.

 

[Pushka]

MMS is at $15.36.

A month and a half ago, it was at $15.
Six months ago, it was at $13.
A year ago, $11.

And that has diddly squat to do with the people who work in a business that may lose its core business. It lost $2+ just before the halt.

 

[drsmithy]

And that has diddly squat to do with the people who work in a business that may lose its core earning business?

The point is that the stock may simply be ridiculously overpriced and this was merely the straw that broke it.

A sound business doesn't become unviable overnight.

A business based on the administration of a tax rort, isn't sound.

 

[SQ421]

A very good friend of ours is at risk of losing his job now due to the proposed Car Lease arrangements. His company is involved in organising the leasing contracts. And they've stopped trading on the ASX. Butterfly effect much?

Just imagine what the 20,000 cuts Abbott has promised will do to the economy then, not to mention the 14,000 sacked by Newman.

 

[Pushka]

Should have known better. No attempt to think about issues and consequences at all. No point in discussing further.

 

[drron]

Why should 1% of the population receive a benefit to drive a car for personal use and the other 22 million cant receive it!

And talk about it damage the car industry, well didn't one of the big car makers just quit local production, and now want support so they can sell imported cars.

The QLD Report: The only thing this government in QLD done right was to get rid of the smart state tag. In today's news. Going to sack 100 experience nurses so they can employ 100 inexperience nurses. So in few years later, these new nurses can train the next lot of inexperience nurses. I cant see any problems developing from that.

And the Dty Premier arguing that he needs that private plan to fly him directly home, while using a combination of commerical flights and maybe a taxi service would save the tax payer about $4000 a week. Maybe he should speak to average job who drive from north or south coast to brissie everyday, that about 700-1000km per week driving. And now with the good thing that radar traps only allow 1km over the limit, that should help their budget and time.

Strange MR Tony was in QLD yesterday but where was the QLD premier, esp as wouldnt the funding have to be part paid by QLD taxpayers.

I'm only speculating but perhaps Mr Abbott doesn't want to be seen on the same stage as Mr Newman

And, coming back to the "only way ALP is win is if Abbott loses this via a major Gaffe" apparently today he's asked the PM if he wants to "massage the boats" ?

Yeah, I'm not sure what that means either.

I worry about your ability to take in what you see.Even here in Armidale I watched the news clip of TA in QLD and there at his right shoulder was Mr Newman.

 

[drron]

The point is that the stock may simply be ridiculously overpriced and this was merely the straw that broke it.

A sound business doesn't become unviable overnight.

A business based on the administration of a tax rort, isn't sound.

First the scheme was introduced by Paul Keating.
Second it was reviewed by the Henry Tax inquiry who suggested changes but much less than the policy on the run announced by the Government.
I hope you were watching the 7.30 report tonight on the ABC.The owner of a car leasing business in Melbourne is now having to sack 80 of his 145 staff as business this week is only a third of normal levels.
And despite the old class warfare theme sprouted here the average income of his customers is $74000 per year and 70% of the cars leased are Australian built.

 

[Pushka]

First the scheme was introduced by Paul Keating.
Second it was reviewed by the Henry Tax inquiry who suggested changes but much less than the policy on the run announced by the Government.
I hope you were watching the 7.30 report tonight on the ABC.The owner of a car leasing business in Melbourne is now having to sack 80 of his 145 staff as business this week is only a third of normal levels.
And despite the old class warfare theme sprouted here the average income of his customers is $74000 per year and 70% of the cars leased are Australian built.

Forget it drron. Rudd has whipped these people into thinking its a rich boys perk and they have no interest in the reality of it all.

 

[Pukka]

Forget it drron. Rudd has whipped these people into thinking its a rich boys perk and they have no interest in the reality of it all.

It's like when Rudd brought in the luxury car tax and stood up in parliament raging that it was a tax on Porsches & Ferrari's, rubbish it kicks in about $57k the vast majority of the tax it generates is on "normal cars" not super cars. But it sounds better than describing it as a tax on Toyota land cruisers etc

I don't think the car industry is a major fan of Mr Rudd

 

[SQ421]

First the scheme was introduced by Paul Keating.
Second it was reviewed by the Henry Tax inquiry who suggested changes but much less than the policy on the run announced by the Government.
I hope you were watching the 7.30 report tonight on the ABC.The owner of a car leasing business in Melbourne is now having to sack 80 of his 145 staff as business this week is only a third of normal levels.
And despite the old class warfare theme sprouted here the average income of his customers is $74000 per year and 70% of the cars leased are Australian built.

1. Each of those customers can continue to claim for the actual business related use of the car, via keeping a logbook for 12 weeks which remains valid for 5 years (as per the current legislations in this regard). What they can't claim is the personal use, which they were able to, under the existing regulations. I have no problems with bringing in this change.

2. For a business owner to terminate half his workforce within 3 days of the proposed changes being announced seems rather knee-jerk to me, especially considering the legislation would never go into effect until Labor returns to power. I'm assuming Libs would be against any such measure and this would never bring the legislation to the floor. What happens if after election the situation remains as is? Will this person then hire back the staff he's just let go or will they bring in staff at lower salaries, or casuals.

Or are they betting on a Labor victory and this proposed legislation coming into effect?

 

[SQ421]

Forget it drron. Rudd has whipped these people into thinking its a rich boys perk and they have no interest in the reality of it all.

Not sure what classifies as Rich but I make comfortably above the average income of leasing customers discussed a few posts above, drive a car that costs maybe 60% of what someone says is "normal" car territory and have no problems with the new changes to novated leases nor the luxury car tax.

 

[Pukka]

Not sure what classifies as Rich but I make comfortably above the average income of leasing customers discussed a few posts above, drive a car that costs maybe 60% of what someone says is "normal" car territory and have no problems with the new changes to novated leases nor the luxury car tax.

That's because it doesn't effect you personally which is understandable.

Likewise if TA gets in and brings back work choices 2.0 I'll be fine with that because it won't have a negative effect on me but I'm guessing lots of people will be fairly upset if that happens.

Personally I wish Rudd would just call the election and then the Australian people can just decide which direction they want to go, everyone can just accept the result and move on.