Oz Federal Election 2013 - Discussion and Comments

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And the rest of the world wish they were able to ride that roller coaster. Must be a good thing when the world wants our economic conditions.

If you removed the blue team.....it changes from a roller coaster into the stairway of financial oblivion.

The stairway to (ALP) heaven;) would probably leave poor old Greece in it's wake.
 
That article was another example of how facts defeat the News Limited world view.

Yes. it's just terrible when the facts are reported.

What was treasury & the IMF thinking when they allowed those graphs to be printed.
 
Re: The totally off-topic thread

Anyone read article in The Age online re limitation of work related expenses deduction to $2000....... if comes true... may have to slow down on the conference trips!
 
Re: The totally off-topic thread

Anyone read article in The Age online re limitation of work related expenses deduction to $2000....... if comes true... may have to slow down on the conference trips!

Didn't see it. But if true.. another nail in gillards coffin.
 
Re: The totally off-topic thread

Didn't see it. But if true.. another nail in gillards coffin.

Apologies, it was from Herald Sun (yes, shocking that I am looking at it).
Cookies must be enabled | Herald Sun

"The Government will better target work related self-education expense deductions as part of a package of reforms to make a down-payment on the National Plan for School Improvement," Mr Swan said in a statement.

"The Government values the investments people make in their own skills and recognises the benefits of a tax deduction for work related self-education expenses. However, under current arrangements these deductions are unlimited and provide an opportunity for people to enjoy significant private benefits at taxpayers’ expense."Education expenses include formal qualifications and associated tuition fees, textbooks, stationery and travel expenses and also conferences, seminars and self-organised study tours. "
From 1 July 2014, work related self-education expenses will be more fairly targeted through an annual cap of $2,000 a person, Mr Swan said.
 
Re: The totally off-topic thread

my main comment is that once again gillard and Co are screwing anyone who earns a decent income.
 
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Re: The totally off-topic thread

Apologies, it was from Herald Sun (yes, shocking that I am looking at it).
Cookies must be enabled | Herald Sun

"The Government will better target work related self-education expense deductions as part of a package of reforms to make a down-payment on the National Plan for School Improvement," Mr Swan said in a statement.

"The Government values the investments people make in their own skills and recognises the benefits of a tax deduction for work related self-education expenses. However, under current arrangements these deductions are unlimited and provide an opportunity for people to enjoy significant private benefits at taxpayers’ expense."Education expenses include formal qualifications and associated tuition fees, textbooks, stationery and travel expenses and also conferences, seminars and self-organised study tours. "
From 1 July 2014, work related self-education expenses will be more fairly targeted through an annual cap of $2,000 a person, Mr Swan said.

More fairly targeted lol who cares Mr Swan won't be calling the shots from September :)
 
Re: The totally off-topic thread

We really need to move this discussion to the election Thread... my main comment is that once again gillard and Co are screwing anyone who earns a decent income.

Agreed but she's on her bike so hopefully the country can move on
 
Re: The totally off-topic thread

More fairly targeted lol who cares Mr Swan won't be calling the shots from September :)

i used to think the same, but the unions are now saying the coalition could be reviving key provisions of work choices. that could well swing the election.
 
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Re: The totally off-topic thread

Just shared that little Gillard gouge with MrsLW. She is currently doing a bookkeeping course which cost $2K, thankfully she paid this FY but she was less than salutory with her comment. I wasn't much behind her in my assessment.

Bloody absurd that they are now cutting - they should have better structured all those free spending policies in the past.

Thankfully all this will die with her reign ending on 14 September
 
Re: The totally off-topic thread

i used to think the same, but the unions are now saying the coalition could be reviving key provisions of work choices. that could well swing the election.

Labour have absolutely no chance of doing anything other than getting a complete flogging IMHO
 
Re: The totally off-topic thread

Just shared that little Gillard gouge with MrsLW. She is currently doing a bookkeeping course which cost $2K, thankfully she paid this FY but she was less than salutory with her comment. I wasn't much behind her in my assessment.

Bloody absurd that they are now cutting - they should have better structured all those free spending policies in the past.

Thankfully all this will die with her reign ending on 14 September

Wouldn't be surprised if the bookies have the Labour party losing the next election at 1:1 odds now or less. Maybe Labour knows they're screwed, so kind of like the previous UK government, they're just going hell for broke (pun intended) so that the next ruling party won't have much to do and will look rather silly.

Unfortunately, I don't see the new Coalition overlords quickly reversing any of the damage or improving investment in the tertiary sector anyway. Naturally, their excuse will mirror that of the microcosm in QLD - the last incompetent government has turned our treasury into that of Spain's, therefore we will need to cut some fat and just sit and wait for a while. Sorry folks. Sure, there will be a "new economic growth" guaranteed - probably a period of reckless and regulation-free economic divide-and-conquer in any effort to scratch up funds - mind you, didn't Campbell Newman guarantee a strong four pillar economy if he was put into power? Where is even a sliver of this promise (even if mining / resources is not the main one to be developed first)?

For someone working in university research, this has a profound effect on us. Not helping that the university, before this announcement, has already tightened its purse strings and pushed this pressure to the various faculties and institutes. We're supposed to have a meeting next Friday discussing the need to desperately revise the budget. I think they'll be definitely saying that more screw downs will be required in light of these cuts.

Main cuts will be in hiring new staff (both research and general), reduction of general staff (e.g. admin, payroll, marketing, legal - basically all the staff who aren't researchers, i.e. "bread winners", but hold the ship together) and reduction or removal of grants (both within the university as well as competitive, research-council based ones). I think there will be quite a bit of the proverbial smashing of piggy banks around the uni, as well as the VC starting to beg a lot of philanthropists and donors to the uni for more money.

I really wonder why the government thought they could cut the tertiary sector when they want to fund primary and secondary schooling (my assumption)? You screw one stage of the education process to feed another. Really? Yes I'm well aware university is not the only pathway after secondary school (if even then), yes I am aware that universities are now being encouraged (to various degrees) to seek industry funding (which some still believe is very much against research integrity principles).... And it's not the first time the tertiary sector has seen the short end of the stick (and it's not just this government that's done it to us).
 
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I'm not seeing a real lot of serious debate at the moment. Catchphrases, cartoons, evasions. Looking at the two broadband plans, neither party seems able to describe either in similar terms. They might as well be talking about four different things, so little common ground is being discussed.

Why can't politicians use facts and straight answers to straight questions? Instead all we get is guff.
 
Why can't politicians use facts and straight answers to straight questions? Instead all we get is guff.

If we put a gun to their heads and threatened to pull if they didn't stop spewing guff, perhaps they'd talk accordingly.

Unfortunately, for some odd reason, that's not allowed.
 
You should all realize that our current position has deteriorated where we may end the year at minus 20 to 30 billion with about 30 billion deferred from this year going into the next couple of years. No new Treasurer will want to wind back too much as that just makes things harder.
Unis and self education took a small hit yesterday (it is a bigger hit if you are there)!
 
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I do realise Howard/Costello had a huge amount of cash they didn't do anything particularly interesting other then bribe pensioners, baby bonus parents and other middle class welfare...

I also do realise the treasury advised the Howard/Costello Government to do nothing to avoid any chance of inflationary pressure on the economy...

If Howard or his submissive Costello had any vision they would have started investing in fast rail, fast broadband and more mass public transport for the major cities.

As a result the conservatives because of their total lack of vision for Australia just complain rather then envisaging ideas that make Australia go forward.
 
The massive boost to the public service by the Rudd and Gillard Governments have drained all the funds that should have been available for initiatives. Today the current Government have a series of unfunded dreams and we have to reverse the public sector by quite a bit.
I was surprised about the attack on single parents payments and I am hoping that we don't end up with additional children being born to create another 8 year deferment of these cuts.
Forcing single parents into the workforce without a reasonable transition period is harsh and appears to have started to increase prostitution and pregnancies. It will take 18 months to see if my friend who works in social support is correct in her thoughts about this.
Meanwhile our social housing projects have zero vacancies and the backlog of folks looking for a room is growing despite church,State Government and private boarding houses being constructed.
 
Gillard and Co have spent beyond the realms of responsibility.

When the liberal party get in, they will do the same as They did in qld.... seriously cut spending.

About time.
 
The hurt from the changes that will come need to be shared around and most are happy to think that is fine but don't hit "me".
Spending cuts will certainly rock Canberra but this time it will affect several million people as the screw up this time is just too big. Whitlam spending is now looking like he was a conservative when you compare his time with the current lot.
 
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