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LNP government.

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Passing Through View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 20 Apr 2018 at 12:04pm
Just an observation Isaac.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JudgeHolden Quote  Post ReplyReply Direct Link To This Post Posted: 20 Apr 2018 at 12:33pm
Originally posted by Newtown Old Boy Newtown Old Boy wrote:

Old news with a lot more detail and perspective. Terms of reference may even be expanded depending what else comes out of this - its only just started, still has the rest of the year to run. 



Long way to go but plenty happening. AMP boss gawn.

Anyone catch Marianne Perkovic’s ..er... testimony the other day. How do spuds like her rise to those positions? Probably BECAUSE they are prepared to lie and cheat for the company.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 20 Apr 2018 at 2:26pm
Originally posted by Dr E Dr E wrote:

Most of what they are reporting is rehashed stuff that was dealt with by ASIC or the courts years ago, or has been scrutinised and had recommendations made by up to three previous enquiries (just like the Don Dale WOFTAM Royal Commission). The CBA have already made restitution to most of their victims - old news.

The strong economy and lifestyle that we take for granted, that is the envy of the world, is in no small way due to the stability and regulation of our banking system.

... but the media and the pollies love to sensationalise this stuff!


The stability of our banking system has nought to do with this.
Clearly regulation is not assisting either.
When the Banks are caught literally stealing from their customers,and their 3rd or 4th offer of compensation after years of fighting,amounts to substantial discounts to actual damage, then the system needs to change.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JudgeHolden Quote  Post ReplyReply Direct Link To This Post Posted: 20 Apr 2018 at 8:31pm
You couldn’t make this sh1t up:

Orr: "Despite five breaches of the Corporations Act … you allowed Mr Doyle to stay in business and provide advice to existing clients."
Whereat: "Yes we allowed him to continue under supervision to remediate [clients' losses]."
Orr: "You suspended Mr Doyle because he didn't comply with your procedures, but you allowed him to continue."
Whereat: "That was a mistake."
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 24 Apr 2018 at 7:36pm
Senator Rhiannon just asked the Business Coubcil of Australia in Senate Estimates to name one example of a country that cut corporate taxes where wages rose. And they took it on notice.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 24 Apr 2018 at 8:05pm
Don't hold your breath for an authoritative response.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 24 Apr 2018 at 10:17pm
ummmm, does Australia count?Ermm

Who tf are these self interested idiots who pretend to run our country, and know effin nothing!!!Wacko   
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 25 Apr 2018 at 4:44pm
Originally posted by Passing Through Passing Through wrote:

Senator Rhiannon just asked the Business Coubcil of Australia in Senate Estimates to name one example of a country that cut corporate taxes where wages rose. And they took it on notice.


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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 26 Apr 2018 at 7:43pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 27 Apr 2018 at 7:37pm

"The Government's resistance to the royal commission was bad enough but remember its earlier record on consumer protections in the financial services area.

When the Coalition came to power it was determined to weaken measures Labor had introduced. Eventually, it was thwarted by the Senate crossbench, with the upper house disallowing its changes.

Just why the Government was so keen to shield an industry where wrongdoing had been obvious is not entirely clear. It appears to have been a mix of free market ideology, a let-the-buyer-beware philosophy, and some close ministerial ties with the banking sector.

In light of what is coming out, the Government should be ashamed of its past performance."

Michelle Grattan



http://www.abc.net.au/news/2018-04-20/banking-royal-commission-financial-advisers-coalition-labor/9679008

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 29 Apr 2018 at 9:35am
Gee, with this govt throwing money around, declaring they have found a heap of cash under the lounge chair cushion and it will help disabled people and the Great Barrier Reef, you might be mistaken for thinking May's budget is an election throw away budget, rather than a mid term fiscal tightening budget. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ThreeBears Quote  Post ReplyReply Direct Link To This Post Posted: 29 Apr 2018 at 9:56am
A mirror image of the ALP in Victoria who seem to have gone prospecting and struck gold all of a sudden.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 29 Apr 2018 at 10:16am
They all do it, but we knew the Vic election is close.

 The LNP federal govt keep denying they will go early yet their actions suggest otherwise. They can wait till October 2019, but this budget suggests they wont. The timing around re-distribution apparently makes no difference according to the AEC, but the timing around half senate elections with a window of October this year and March next year, (according to Antoy Green) may have an influence on timing
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 29 Apr 2018 at 11:11pm
Originally posted by Tlazolteotl Tlazolteotl wrote:

"The Government's resistance to the royal commission was bad enough but remember its earlier record on consumer protections in the financial services area.

When the Coalition came to power it was determined to weaken measures Labor had introduced. Eventually, it was thwarted by the Senate crossbench, with the upper house disallowing its changes.

Just why the Government was so keen to shield an industry where wrongdoing had been obvious is not entirely clear. It appears to have been a mix of free market ideology, a let-the-buyer-beware philosophy, and some close ministerial ties with the banking sector.

In light of what is coming out, the Government should be ashamed of its past performance."

Michelle Grattan



http://www.abc.net.au/news/2018-04-20/banking-royal-commission-financial-advisers-coalition-labor/9679008


A load of crap from "The Socialist Conversation (No other Opinions allowed!)", trying to politicise this.

The fact is that the regulators had been busily cleaning up these indiscretions, that had in fact been festering away under the ALP's reignShocked 

It is just political suicide to in any way belittle the RC Circus though, or point out what is happening - which is simply rehashing stuff that everyone within the industry was already aware of, and had mostly been investigated, and charges made, proven, and compensation awarded, under the powers of the rules and regulations that are already in place, and more than sufficient to deal with this stuff.

Sadly, if the government had any balls at all, they would say that.

This RC will cost us another small fortune, make some findings, and make some recommendations that will never see the light of day.
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 29 Apr 2018 at 11:17pm
Originally posted by Passing Through Passing Through wrote:

Gee, with this govt throwing money around, declaring they have found a heap of cash under the lounge chair cushion and it will help disabled people and the Great Barrier Reef, you might be mistaken for thinking May's budget is an election throw away budget, rather than a mid term fiscal tightening budget. 

The money is coming, just like they promised it would, due to all of the "jobs and growth"!Big smile 
Don't be afraid of success and capitalism under a Conservative Government CNNPT ... it's what puts welfare in the pockets of all of the Ungrateful Socialist Parasites!Wink
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 30 Apr 2018 at 1:35am
When we closed the Psychiatric Institutions and threw all the unfortunates into a society they were not equipped to cope with ,    It never entered my head that so many of them would be absorbed into Parliamentary positions.
   That's what I see when the TV shows question time.
A chronic Ward of the Mentally ill.
I felt sick today when it was revealed that every dollar energy increases,    >The government gets 30 cents.      . Our costly electricity etc is just a cash cow for them.
We need a revolution.











































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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 06 May 2018 at 3:07pm
Happy days- LNP has fixed the debt and deficit emergency.Clap I was so worried about it I was losing sleep.Shocked
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 06 May 2018 at 3:15pm
Definitely an early election coming.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 06 May 2018 at 6:50pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 07 May 2018 at 12:36am
Originally posted by Tlazolteotl Tlazolteotl wrote:

Happy days- LNP has fixed the debt and deficit emergency.Clap I was so worried about it I was losing sleep.Shocked

Why so surprised tlaz?

It WAS an election promise you know ... Malcolm promised "jobs and growth", and unsurprisinglyWink, he has delivered! 

The natural outcome of that was always going to be higher government revenue ... and you know we can't spend it on retiring debt, since the ALP/Greens Collusion will just borrow more, and piss it up against the wall anyway, if they win the next election!Cry

Surely you haven't forgotten ... "there's never been a more exciting time to be an Australian"Big smile
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 09 May 2018 at 10:23am
Government reverse mortgages is a good idea- should have been done long ago. Entitled kiddies can whinge about it.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 09 May 2018 at 10:27am
Originally posted by Dr E Dr E wrote:

Originally posted by Tlazolteotl Tlazolteotl wrote:

Happy days- LNP has fixed the debt and deficit emergency.Clap I was so worried about it I was losing sleep.Shocked

Why so surprised tlaz?

It WAS an election promise you know ... Malcolm promised "jobs and growth", and unsurprisinglyWink, he has delivered! 

The natural outcome of that was always going to be higher government revenue ... and you know we can't spend it on retiring debt, since the ALP/Greens Collusion will just borrow more, and piss it up against the wall anyway, if they win the next election!Cry

Surely you haven't forgotten ... "there's never been a more exciting time to be an Australian"Big smile

Or never been a more exciting time to be half a trillion in debt and not care about it?

Has anyone heard from Joe and Tones?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 09 May 2018 at 1:58pm
Don't worry about the deficit.      > The energy price hike and a gamblers tax will fix it overnight.
Little Johnny became a hero when he fixed all problems with the introduction of a GST and the sale of Telstra.
Keep packing the migrants into the cities and the income from rising House prices will help no end .
Sell some land to the Chinese and we won't have a deficit, changing the language will be the difficult part .   Only Kevin Rudd & PT have it mastered already.











































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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 09 May 2018 at 7:00pm
All the commentariat are saying what a brilliant masterstroke it is to "wedge" labor by bundling the big  tax cut for fat cats in 2022 with the immediate little tax cut for the hoi polloi. It looks like a very simple tactic to counter.Wink
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2018 at 2:38am
Originally posted by Tlazolteotl Tlazolteotl wrote:

Government reverse mortgages is a good idea- should have been done long ago. Entitled kiddies can whinge about it.

Reverse mortgages have been available from financial institutions for years - the government's own "product" has been around for 30 years. It's never a good thing when government gets involved in these things in any meaningful way, but this might actually be a good thing, being that the rate is more attractive for the pensioner than the commercial alternative, but high enough that it could conceivably be administered by bureaucrats at little cost - we'll see!Ermm

The interesting thing about this, and I doubt that the Government is smart enough to understand it, is that it's;

1. a clear concession to the fact that there is no way of stopping property values from growing, and 

2. means that we will not be cutting immigration any time soon, and most importantly

2. it is at complete odds with Bullgelati Bill's Negative Gearing and Capital Gains tax tinkering, which the ALP/Greens Collusion CONCEDE WILL HAVE A NEGATIVE EFFECT ON THE GROWTH OF HOME VALUES ... as you point out Tlaz, very scary if Mum and Dad decide to spend the inheritance!Cry
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2018 at 2:43am
Originally posted by Passing Through Passing Through wrote:

Originally posted by Dr E Dr E wrote:

Originally posted by Tlazolteotl Tlazolteotl wrote:

Happy days- LNP has fixed the debt and deficit emergency.Clap I was so worried about it I was losing sleep.Shocked

Why so surprised tlaz?

It WAS an election promise you know ... Malcolm promised "jobs and growth", and unsurprisinglyWink, he has delivered! 

The natural outcome of that was always going to be higher government revenue ... and you know we can't spend it on retiring debt, since the ALP/Greens Collusion will just borrow more, and piss it up against the wall anyway, if they win the next election!Cry

Surely you haven't forgotten ... "there's never been a more exciting time to be an Australian"Big smile

Or never been a more exciting time to be half a trillion in debt and not care about it?

Has anyone heard from Joe and Tones?

You are right, it's a lot - maybe we could start by scrapping our mindless and pointless commitment to the Paris Agreement, and cut all of those energy subsidies back to nothingBig smile
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2018 at 10:13am
Bizarre stuff going on with politics in Malaysia, with 92yo former PM Mahathir(recalcitrant) Mohamad being elected PM again this morning, supported from prison by the former opposition leader Anwar Ibrahim, who he imprisoned on false sodomy charges. Mahathir says when he is sworn in he will pardon Ibrahim and appoint him PM and step down.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acacia alba Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2018 at 12:39pm
Originally posted by Passing Through Passing Through wrote:

Bizarre stuff going on with politics in Malaysia, with 92yo former PM Mahathir(recalcitrant) Mohamad being elected PM again this morning, supported from prison by the former opposition leader Anwar Ibrahim, who he imprisoned on false sodomy charges. Mahathir says when he is sworn in he will pardon Ibrahim and appoint him PM and step down.


LOL  And yet you think Trump and Co are strange Wink
animals before people.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2018 at 12:57pm
They are. LOL
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ThreeBears Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2018 at 2:13pm
You forgot to mention the massive fraud and State theft by the opponent in that election PeeTee.
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