Comment: Why the government focus is all wrong

Government needs to look to older Australians and the unemployed to stimulate the economy, writes Kaye Fallick.

kaye fallick

Today, Treasurer Josh Frydenberg is delivering the MYEFO or mid-year economic financial outlook.

At one level, you might believe this is a dry economic document that will have little effect on the life of a retiree. But here’s a thought you may wish to consider.

MYEFO is a chance for the government of the day to share a statement on how its economic policies are travelling, post the May Budget. You may recall that the big deal back in May was the tax cuts, designed to pump money into the economy.

Well that didn’t work.

No matter the gloss that the Treasurer puts on Australia’s economic performance, three things are fundamentally true:

  • Those still working are largely suffering from wage stagnation – with wages growth limping along at 2.3 per cent.
  • The tax cuts were largely stashed away by people on flatlining wages, perhaps as insurance for an unsure future.
  • And finally, the single-minded focus of the federal government on a surplus is considered by most experienced economic commentators as a serious error when our economic growth is foundering.

What can be done?

Investment in infrastructure is badly needed and when interest rates are so low, this is something a government could do to kickstart the economy, particularly in regional areas suffering from long-term drought and now ravaged by bushfires.

Reducing or forgoing the surplus actually makes good economic sense, but a dogged determination to deliver this surplus is a seemingly immoveable policy for the Morrison government.

And then we get to what would actually work quickly to boost our economy – and help those most in need.

And that is an immediate increase in welfare payments, which would put money in the hands of those who need it the most – the unemployed and full Age Pensioners – and be spent immediately on household essentials.

This is not rocket science, it is basic economic theory which has been shown to work in other eras of economic downturn.

And will the MYFEO deliver good news for an aged care sector in crisis. No, according to leaked reports.

A coalition of aged care bodies is pleading for emergency funds, warning that services around the country are in danger of closing if more support is not quickly provided.

“MYEFO is shaping up as a tipping point,” said the groups, including Leading Age Services Australia (LASA), Aged and Community Services Australia and the Aged Care Guild.

In a statement, they warned that residential facilities were incurring “unsustainable losses” and that “there are grave fears for certainty of care”.

An analysis by LASA showed about 200 nursing homes – providing care to up to 50,000 people – were at risk of closing. It said $1.3 billion in extra funding was needed before Christmas, The Age reports.

The government last month announced a $537 million package in response to the aged care royal commission’s damning first report titled Neglect, with the bulk of the funds going towards 10,000 more home-care packages.

Earlier this year, the Health Department estimated it would cost an extra $2 billion to $2.5 billion a year to provide access to everyone on home-care waiting lists.

So, when the MYEFO comes through today, consider whether a surplus really is the Holy Grail, or whether helping those who do without is both the right thing to do – and the smart thing to do.

Do you believe the government is on track to boost a flagging economy? Or is it overly fixated on a surplus?

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    COMMENTS

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    Arcee
    16th Dec 2019
    11:24am
    Author has not indicated economic credentials for this article
    Dave R
    16th Dec 2019
    1:09pm
    The assertions she makes about the effect of government spending are broadly accepted though. Been plenty of articles lately from qualified economists saying just what this author is saying.
    Anonymous
    16th Dec 2019
    1:10pm
    If economists had it so right we'd all have been in clover generations ago..
    Anonymous
    16th Dec 2019
    2:01pm
    Academics - just took up the cudgels elsewhere with an academic prof who said that 'unless we do something Aboriginals will be wiped out by the end of the century' ... I retorted that since their population was expanding, how was that possible, unless they themselves choose to alter their Aboriginality etc? You know - do a successful NRL player and marry a White girl.... be a successful female Aboriginal academic and marry a White man... they never 'marry down'... notice?

    Choice-mobile - that's what it's all about...

    Who's this 'we', White Man? What did he propose that 'we' do? Clone them? Put them in zoos?

    Just an example of academics.... **eye rolling emoticon implied**

    You don't need a weatherman degree to know which way the wind blows...
    MICK
    16th Dec 2019
    5:47pm
    You can't believe everything that appears in print.
    The reality is that things are not good, that we have government which has showered its wealthy supporter with a large tax cut windfall and that this has to be paid for. Retirees especially but all other average Australians will be called on to pay the bill so we'll all have to listen to (more) lies whilst our living standards are torn down.
    I didn't vote for what is happening but I and millions of my fellow citizens will now be wearing it. That's what being conned by a slick propaganda advertising campaign achieves. Enjoy the ride. Many of you voted for it so please do not complain. Fix it!
    Hoohoo
    16th Dec 2019
    7:20pm
    It's Labor's fault, surely?
    Or is it those pesky bushfires & drought?
    What is the Govt doing? Even Scumo's thoughts & prayers are useless. Bloody God! Doesn't he know we need a Surplus like a hole in the head?
    Try investing some stimulus into the economy, you dumdums. With record low interest rates, it's the perfect time.
    The economy is so obviously floundering and these geese fiddle about while Rome & most of Australia burns.
    MICK
    16th Dec 2019
    8:57pm
    Ordinary Australians have suffered the effects of high inflation (not the lie promoted by the media) and no wages growth. The wealthy have increased their pay and are forging ahead. Morrison's solution? Give the rich a huge tax cut. The result is that people have little spare cash to support business and soon even multinationals will feel the pinch. THAT'S WHY THE LOCAL ECONOMY IS DYING.
    We need a government which does not engage in class warfare. This one has been running one since Abbott was put into power by the right wing media headed by the Murdoch Press.

    One can talk around the problem buts its blatantly obvious. Ask almost any Australian.
    Anonymous
    17th Dec 2019
    8:58am
    I saw Mr (Herr) Frydenburg last night on ABC 7.30 - he did indeed blame Labor - the old story - "Labor was handed a balanced budget (due to the one-off fire sale of public utilities/assets by Howard etc), they trebled the debt (making up for Howard's shortfalls via wealthfare and theft of the future fund etc, and sustaining the economy in the GFC), and ...."

    "Wait a minute - hasn't your government DOUBLED the debt 'left' by Labor?"

    "Well - it's taken us this long to get it under control..."

    An absolute hoot... every indicator down and all he could offer was 'mining investment is up' - and we all know by now how very little revenue that creates here due to fiscal and tax policy, not least the addiction to globalisation etc.

    Banana Republic - El Grande Republica da San Austrador is doing well.... for the few... the rest are facing un- and part employment, collapsing real wages, rising costs of living, housing shortages sucking away any possible 'discretionary' income they may have, the sell-out of their 'safe, lucky country' to overseas investors for profit, escalating national and international security concerns, spending is down, retail sales are dismal......

    Oh, well... at least wages are under control.... for the peasants in the fields...
    MICK
    17th Dec 2019
    9:20am
    Same deceit from the same government Trebor.
    They always avoid mentioning that the GFC hit shortly after Labor was in office and that Labor left a minuscule debt of $148 billion. This lot never tell the public about the huge debt it has run up and the zero achievement other than tax cuts for its wealthy financial supporters.
    Sadly Leigh Sales is constrained from going after the bastards and will not put the above to them on air. I'd be thinking Sales wants to keep her job and is afraid to step over the line and put the dirt back onto the real culprits. This is the essence of what is wrong with the media. We don't have any Richard Carltons to stick the knife into the dirty grubs so they just lie more and more every year because....they get away with it.
    Hoohoo
    17th Dec 2019
    10:44am
    You're right, MICK. A lot of people with full time jobs are really struggling to pay all the bills, let alone have spare cash for Christmas gifts & other stuff.
    And so underemployed people are totally doing it hard. People on Newstart are in despair but this stupid government continues to squeeze poorer people so they can achieve their immoral Surplus. All this while $4.3 billion designated for the NDIS was left unspent last year laving kids who have outgrown their wheelchairs to be pushed about in wheelbarrows. Brave and exhausted fire fighters are begging for equipment and the PM says no, the Surplus is more important.
    The country's on fire and the PM just continues to push through his pet project to protect religious freedoms so church groups can discriminate against women and gays without recourse to the hard-fought existing laws designed to protect people from being discriminated against (people who have paid the price of discrimination against them all their lives).
    MICK
    17th Dec 2019
    12:59pm
    This dead in the water government was elected on ONE issue only, tax cuts which were almost entirely destined for the wealthy. We're talking about $160 billion for that one alone, money the economy does not have. Its clear where its coming from: struggling Australians and being robbed of the services we all need in our lives.
    But guess what? Plenty of folk who voted for the LNP on a Murdoch and Stokes media orchestrated propaganda campaign still think they did the right thing. Perhaps we deserve what is happening and what will get worse by the year. That's the price we pay when we listen to the lying right wing media who cannot be trusted with our democracy.
    ex PS
    17th Dec 2019
    2:49pm
    You don't need credentials to have an opinion. You don't even need credentials to run a country or mismanage a budget.
    If you needed credentials to express an opinion, thisvsite would not last long.
    MICK
    17th Dec 2019
    9:51pm
    Opinions are different from observed behaviour.
    Your comment looks like the normal troll behaviour from people in the employ of the government. When you can't deny the facts you caste doubt on those who offer them That'll fool 'em Tangles.
    Hoohoo
    18th Dec 2019
    12:28pm
    MICK, if only this government WERE dead in the water! But that's what we've thought since Abbott was PM. That was before lobbyists & Party election machines saw what Trump did to become President. He lost to Clinton by 3 million votes but he cleverly orchestrated social media propaganda (very similar to the LNP & Clive Palmer last election) to win seats in specific areas that got him over the line (just like QLD seats were won which swayed government to Morrison). The way he huffs & puffs about him representing what Australia voted for all the time, you'd think Morrison won in an avalanche, but he only just holds a slim majority. Labor lost in an avalanche, against the polls - a totally different thing, yet the LNP continue to boast as if they achieved a mandate.

    It's worth mentioning at this stage that Trump spends US$1 million every week on Facebook. That's what you call buying (what we used to call) democracy.

    I wonder what the LNP are up to behind the scenes now? Frydenberg told a straight out lie on Twitter before the election, saying that Labor, the Greens & the Unions were planning to introduce Death Duties, then "please share with all your friends". That's a quick way to appeal to all hard working folk (real workers, as opposed to share-shifters). Just before the election I was at the hairdressers when a wealthy, retired farmer repeated that lie of Fryde's & my hairdresser piped up & said "the bastards aint getting their hands on MY kids' inheritance". I told them it wasn't true but they weren't convinced because they were so genuinely frightened at the prospect of their kids' inheritance going to prop up dole bludgers (not realising that all Consolidated Revenue eventually goes to services like hospitals, schools, police, TAFE, roads, infrastructure, pensions, aged care, the NDIS, etc).

    It's incredible that real workers voted in this government, yet they are the same people who are paying dearly for the elite & privileged to fleece them even further. This elite are the only ones being looked after by Morrison's government. They are in the pocket of Murdoch, Stokes & the rest of the loudmouth right wing media - THAT's how they keep winning elections against what the polls suggest will happen.

    Watch what Trump does, despite Impeachment proceedings. I wouldn't be at all surprised if he wins again next year. Americans are even bigger idiots than Australians.
    libsareliars
    18th Dec 2019
    2:49pm
    Well said Mick, Hoohoo and Trebor, agree entirely.

    16th Dec 2019
    12:21pm
    You don't seriously expect sense from any government run along ideological lines, do you? Some of these current are still trapped in the empty rhetoric of Thatcherism... the mindless focus on a single aspect of government spending, due to ideological unreasoning, instead of looking at the entire gamut of government spending to find the real leaks and wastage... most of which, once tracked down, will be in the nice little earners set aside for many mates etc...

    Plenty of money in the till to duplicate and triplicate services via 'out-sourcing' and 'private enterprise models' employing old mates... but never enough to run an efficient public service already set up to perform that service...

    Stoopid is as stoopid does, suh!
    Horace Cope
    16th Dec 2019
    12:32pm
    You see, TREBOR, what I have a problem with is post like yours which are large on words and innuendo but small on detail. Do you have any information on "real leaks and wastage... most of which, once tracked down, will be in the nice little earners set aside for many mates etc.."? If your hypothesis is correct you are accusing the government of being corrupt when all you are doing is making vague, sweeping statements that add nothing to the conversation.
    Anonymous
    16th Dec 2019
    1:13pm
    Where did I offer to provide details? Do you want a book?

    Australian submarines? We already have Defence and Defence Procurement... good enough start for you?

    Now find a list of all the other QANGOs and work through them...

    No need to provide detail - merely to enlighten the rabble as to where they need to start looking... then let them work it out for themselves - better that they do that than that I spoon-feed them..

    Governments ARE corrupt.... they even publicly state that they 'need to find a job' for some mate who's been booted by their electorate... as if it's some kind of right to live off the public tit for life..

    How many party hacks are sitting in commissions and such around the nation?
    Anonymous
    17th Dec 2019
    9:00am
    Nothng personal, Horace... continue with your good work... I'm not here to play the academic game... you can see where that's gotten this nation in the past forty years.

    The Dumbing Down of the Smart Country...
    mogo51
    19th Dec 2019
    11:39am
    I agree with Trebor on this. LNP is a Failure. But the bad news is as I have said many times, the Village Idiots that are called Labor, are a darn side worse.
    So we are up the preverbial creek without a paddle and the boat is leaking. But never mind, the Pollies will spend all their spare time over Christmas thinking of a solution!!!
    Come back, vote themselves another pay rise and do S.F.A.
    Hoohoo
    27th Dec 2019
    2:21pm
    mogo61, I disagree with your comment about Labor. This is why the LNP keep getting elected.

    The LNP are a complete failure when it comes to representing Australian people. At least one of Labor's aims is to represent working people while the LNP are totally beholden to global corporations. Money is their false god.
    Horace Cope
    16th Dec 2019
    12:23pm
    I fail to see how wages growth is "limping along" at 2.3% when inflation is 1.9%. We are continually told that wages are stagnant or falling yet only once in the past 25 years have wages not been increased each year. Inflation is low, unemployment is low, interest rates are low for borrowers and wages are following that trend but still ahead of inflation.

    We continually hear that the government is to blame for wage rises (or lack thereof) but wage decisions in Australia by the Fair Work Commission, an independent body, which receives submission from employers, unions and government to decide the amount of wage rise applicable. It also establishes a minimum wage.
    Anonymous
    16th Dec 2019
    1:15pm
    That's because official inflation does not take in the entire gamut of costs of living..... privatisation has wrought savage harm to costs of living for the peasantry...

    Ere's a bit of detail for ye, M'Lod - so's ye don't git too lost... you do understand 'example', don't you? You may then proceed to tell us precisely which 'privatised' utility or service has been more efficient and lowered costs..


    https://www.macrobusiness.com.au/2017/07/privatisation-pushed-australias-electricity-costs/
    Anonymous
    16th Dec 2019
    1:16pm
    Fair Work Commission - read above about commissions ---- hardly 'fair' either when weighted by party interests...
    cupoftea
    16th Dec 2019
    5:13pm
    HC Fair work commission just look at just prior to the last election how many of the LNP membership walked in to a job there
    Cheezil61
    16th Dec 2019
    6:52pm
    Well said Trebor, have to agree!
    Hoohoo
    18th Dec 2019
    12:37pm
    Yes, TREBOR, those commissions are also what is stagnating wages, especially the lowest paid workers. In the past, the CES found jobs for people on the dole. Now it's privatised so when you finally find a job, the "provider" takes a cut. It's immoral, imo, & demonstrates clearly how governments "cut red tape" & "save money" (oh goody, more for the Surplus) by privatising services. The low end of town lose out at every turn.

    We are becoming a democratically elected Fascist State. Who would've thought it possible?
    Rae
    18th Dec 2019
    1:17pm
    Well Hoohoo seeing privatisation policy was a key invention of Hitler's economists I thought it not only possible but extremely likely.

    The other problem we'll eventually have is cashflow drying up as the surplus takes money out and also makes using bond issues hard in the super funds. Without that stabiliser the risks increase.

    State bonds are pretty risky as the asset sales have left a very big revenue hole and what collateral is left to cover them? The States are not sovereign issuers of currency like the Federal Government.

    A surplus really isn't that great in economic terms.

    It is a pity people don't understand how bonds work.
    Hoohoo
    19th Dec 2019
    2:48pm
    Thanks Rae, for explaining the diff between State Bonds & those from the Fed.

    It really makes a farce of our whole economic system, that the Federal Govt can simply "create" currency while for the rest of us, we can only trade with real currency (on paper, at least). I know the USA regularly just prints extra money to manipulate the financial system.

    I think it's fair to say that cashflow has already dried up and the Surplus will only exacerbate the lack of money in the economy, as reflected by such low retail sales.

    An intelligent government who cares about people as well as corporations, would know that NOW is a really good time to borrow/invest in jobs & infrastructure, while we have record low interest rates. Our government won't because they've brainwashed people into believing that a Surplus is more important than a functioning economy.
    Hoohoo
    19th Dec 2019
    3:01pm
    When I say "to borrow/invest in jobs & infrastructure," I mean invest in TAFE.

    But the LNP is aiming to destroy TAFE by continually cutting funds. Apparently they think private education is the only option for them with their "Let the market decide" ideology, even when the market has been proven to be a monumental disaster for both students and Australian industry. So they've taken the money from TAFE to facilitate Tenders for some very very dodgy "colleges" of learning, which TAFE have had to compete with. Some of these education providers are in jail now (those found guilty in a court of law), but how much money & opportunity has been wasted in the process? How many students lost all their money, as well as missing out on a qualification.

    TAFE has been an amazing institution for both job-seekers and industry but they are on their knees now, all because of cuts from the LNP. Why are the LNP so short-sighted? It's as if they don't care about people at all - only a far right version of capitalism that verges on Fascism.
    Hoohoo
    19th Dec 2019
    3:07pm
    Education should NEVER be left to a Tendering system. Were they surprised when those who won Tenders by quoting cheap, turned out to be substandard, incompetent and in some cases, nonexistent?

    Education is a government responsibility. The dickheads who came up with this tendering system are lazy buck-passers with low intelligence.
    ex PS
    31st Dec 2019
    8:52am
    I used to work for TAFE when Privatization of training was made popular, we were getting third year apprentices coming to us from Private Trainers who did not have the skills that a first year should have had. The Private Providers were only interested in signing them off on modules and getting paid. The only training we could be assured to get were heavy engineering ( Boiler Makers) where the cost of materials/consumables made it impossible to make a profit.
    We ended up having to do a skills test on apprentices to see how much training had been missed in order to try and fill the gaps.Many Private Providers wet broke and left apprentices with no trainers, TAFE had to clean up the mess.
    To survive TAFE had to eventually resort to concentrating on revenue rather than quality training, the normal race to the bottom when governments privatize.
    floss
    16th Dec 2019
    1:14pm
    The truth does hurt some people like HC.but your comment is fact.This Federal government is a disaster and will bring Australia down to a third world status.Well said Trebor.
    Anonymous
    16th Dec 2019
    1:20pm
    Note that I never say the opposition will do much better - they have their addictions, too... and their deep interests are not yours... you are but as the cattle in the fields - to be lead and used and disposed of at whim... but you have no mind of your own ...

    It's called Elitism.... though I prefer Hubris.... and I find it laughable that such comedy routines as Dar Cormannator can present their lines with a straight face... listened to John Laws show on the way home from dropping the caree at art class - had an inderfiew mit Dar Cormannator - 'e repeated zer zame thinks ofer und ofer in der zame done off voice... bud 'e did nod mek a zingle valid point..

    I laughed while driving... soon that will be outlawed and filmed and cost you $500 and five points...
    Agnes
    16th Dec 2019
    1:24pm
    Sorry floss I think it is the other way round. The truth is hurts anti-government, left wing commentators such as yourself. Horace always present sound reasoning and discussion, without the venomous hate speech so in evidence on the left, with appropriate evidence. It is little wonder people are anti Labor here, and anti Labour in the UK.
    Anonymous
    16th Dec 2019
    1:47pm
    I reserve my venomous hate speech for all politicians - apart from a chosen few...

    Mostly Horace is reasoned etc... but hey - a little work of your own please.. I'm here to guide you out of the wilderness - point the way - not show you how to dig yams along the way...
    VeryCaringBigBear
    16th Dec 2019
    3:40pm
    The only thing that will bring Australia to third world status is the large number of people on welfare who think the country owes them a living to do nothing.
    Intellego
    16th Dec 2019
    5:37pm
    A typically heartless comment from the Uncaring Bear. Presumably you include disability pensioners in your hit-list?
    Cheezil61
    16th Dec 2019
    7:01pm
    Sad but true Floss, heading yo 3rd world very quickly, seems thats what these scumbags want. Seem hellbent on helping everyone else (esp China or big business) but not giving a rrats about our own (be it farmers, anyone doing manual labour, low income earners & pensioners or Centrelink recipients for example!
    As mentioned already, Fair Work Aust is anything but fair & as for Robodebt & taking money from the already poor even if by mistaken debt

    Time for major changes & these people (victims) need to make it happen somehow, even if it' means us ALL setting up camp on Scomo's front lawn until there is hope!
    Anonymous
    17th Dec 2019
    9:03am
    You mean the overpaid with their hefty tax cuts, and cuts to company tax? The serial housing people who somehow write everything off every year? The companies that never run in the black yet produce healthy dividends? The family trusts that turn over millions annually, yet by splitting income apparently earn nothing? Those family companies that fund the living and lifestyle of the 'family', yet somehow never turn a profit, and in which (remember diablo?) even when paying an income direct for work to 'members', they do not pay tax?

    Now that's welfare ...
    Hoohoo
    17th Dec 2019
    11:05am
    Yes Cheezil61, and they don't mind breaking the kneecaps of Australian manufacturing businesses like mine, who've been eaten alive by cheap Chinese imports.

    They really don't care about anyone unless you are in the elite rich club ERC

    And yep, TREBOR, the real leaners have been revealed - those who gamble on the share market, pay no tax (& yet demand refunds from the tax dept in the form of franking credit refunds), never have to get up and go to work to serve other people. These are the fair dinkum bludgers, along with a few serial losers on Newstart who refuse work or are legitimately unemployable.
    Farside
    17th Dec 2019
    7:38pm
    hoohoo, the government is not solely to blame for Australian manufacturing businesses being eaten alive by cheap Chinese imports. At some point you have to switch the spotlight on the Australian consumers and why they would rather save a dollar on imported product than purchase from local producers. If "buy local" was a stronger emotion then we would need less government intervention to prop up the locals. Government should strengthen its antidumping compliance and standards enforcement to ensure a level playing field.
    Hoohoo
    19th Dec 2019
    3:25pm
    All my customers want to buy Australian, Farside, but I've lost lots of customers who want to buy Australian, but just can't afford products made by my Australian workers who deserve decent pay rates.
    Mostly, it's not an individual decision to buy a product cheaper than my cost price, it's a committee acting on behalf of club or association members. They don't care if it's poorly made, isn't fit for purpose or there's no customer care, as long as it's cheap. I don't blame them, actually, because I know that average people have no money to splash about, especially people outside large cities. It's very annoying that this government continues to squeeze the poorest people. I've given up hoping I'll ever get those lost customers back. Even if they lifted the Newstart allowance, the horse has truly bolted & I've had to cut back on staff & contractors. I had hoped to retire & my business would be my Super, but at this rate I'll have to give it away.
    Farside
    19th Dec 2019
    5:05pm
    Hoohoo, it's not the chinese imports at fault if customers want to buy Australian and cannot because producers are unable to manufacture to an affordable price. Ultimately the uncompetitive manufacturer will cease business. Unfortunately for you your customers are the most challenging to build a business around as customers have little loyalty, flexible as to quality and will chase the lowest price. If I was in your shoes I would prep the business for sale and cash out as its long term value is unlikely to improve.
    Hoohoo
    20th Dec 2019
    10:43am
    It is the Chinese who have Singer sewing machines made for children to operate. It is globalism that demands a level playing field, but ignores workers rights in China while we maintain workers' rights in Australia (and rightly so). So in effect, there can never be a level playing field.

    So it's a big fat lie we've all bought into, that globalism is so good for "competition" which produces low prices for consumers. But Australia pays the price (fewer jobs) & I suppose you can't blame poor people in Australia for buying cheap crap, when wages growth is in such a miserable state.

    If you have any Superannuation, you have inadvertently bought into globalism, whether you like it or not. It's why the big four banks continue to swindle us - they know people are frightened to abandon them for risking disruption to our whole economy.

    We've been sucked into believing misinformation about level playing fields. In the instance of reducing carbon emissions, developing countries (among the biggest polluters) have been given lower targets, leaving rich countries like Australia an excuse for dragging the chain. If only the idiots in charge understood we could make a buck if we became leaders in renewable energy. Not to mention we could avoid the humungous cost of disasters caused by climate change.

    The LNP & right wing media in Australia have duped people into believing that burning fossil fuels (anywhere in the world) won't affect the snowballing effects of climate change.
    Hoohoo
    29th Dec 2019
    2:27pm
    Farside, I'll be lucky to give my business away. I only keep it going because I believe in customer service and quality, so I won't abandon my loyal customers. They wouldn't be happy, as they won't find good customer service and quality anywhere else.

    All my Australian competitors got out years ago because they had very little to compete with against third world wages and conditions. Many of them went offshore. Had I done that, the whole of manufacturing in the rag trade would have collapsed in my region.

    Luckily, it has survived so that independent boutique labels have access to cutters and seamstresses who would've shut up shop, like me.
    ex PS
    31st Dec 2019
    8:59am
    We hear the call yet again to abandon the people who need welfare, or be seen as a third world country.
    To my mind, what distinguishes a third world country is the way they treat their most vulnerable, it seems the cure according to some will definatley identify us a s a third would country.
    I would assume the people making these absurd comments aren't really as short sighted as they seem but are just following the dogma of their selected political divinity. So much easier to do than actually think for yourself. Who needs a brain when there are so many three word slogans to pick from?
    panos
    16th Dec 2019
    1:31pm
    Providing care to up to 50,000 people – were at risk of closing. It said $1.3 billion in extra funding.
    Mathias and Frydenberg if your reading this....The LNP "Green Dream" should be compulsory you maybe able to get the budget back in the black...
    Sure fire way to save some money cant live at home no more, 2 weeks in Nursing Home then Green Dream
    Anonymous
    16th Dec 2019
    1:51pm
    I've been wondering if those pensioners who sold their home to enter a 'retirement facility' would be also deemed to have all this cash and a home etc... and thus lose their pension...

    The trouble with half-baked policy thought bubbles is that those who bubble them never think it all the way through - which is why they rarely work... or, being corrupt as Horace has guided us to in discussion - they know full well, but choose to go against the realities crowding in on them... it won't affect them, after all.... only the cattle in the fields and they don't really count, do they?
    VeryCaringBigBear
    16th Dec 2019
    3:38pm
    The problem is the money Is not getting to those who it is provided for. I know of one provider who bills the government $90 to $150 an hour and pay a cleaner $20 an hour to do the work.
    Anonymous
    17th Dec 2019
    9:08am
    You are correct, BB - so - is the solution that such things become public services?

    Another example of the private enterprise model failing to produce the results, but instead somehow becoming a funnel for public funds into private hands**?

    **Which politician's family members - from all 'sides' - have bought into such 'enterprises? When did any government initiative into the public arena, with a price tag of billions attached (daycare, roads, rail, power etc), EVER not have politician family and friends just happening to be waiting at the door as it opens with a company etc already set up and ready to go?

    Horace - you were asking me about corruption.... and note that I am not party-specific here...
    Anonymous
    17th Dec 2019
    9:12am
    El Grande Republica Da San Austrador... the cousin of El Presidente, he buy the Coca-Cola franchise.. for ten peso .. he get in on ground floor.... my brother, Republic Treasurer/Minister for Fiance, he buy stock in new mining venture El Presidente and friendly Duma sign up for.

    Meanwhile, San Austrador hold the line against the Satanic Godless Communists...save the Western Hemisphere!
    Rae
    18th Dec 2019
    1:22pm
    The job providers and care providers are bleeding the country as they rake in profits for sit down paper shuffling and not much else.

    The is one little scam that will end in tears sooner or later.
    Farside
    18th Dec 2019
    7:01pm
    has there been any research to establish whether or not the job provider network is more effective than the old CES (Commonwealth Employment Service)? I have yet to speak with someone who has favourably interacted with the job providers.
    ex PS
    19th Dec 2019
    8:47am
    Privatization is not about being more efficient or cost effective, it about allowing governments to shift responsibility for providing services away from themselves.
    Ultimatley this tactic results in a reduction in the quality of services to us and a reduction of pressure for the government.
    Of course it is quite normal to find a few government relatives or friends who have invested in these schemes.
    Hoohoo
    19th Dec 2019
    3:42pm
    ex PS you say "Of course it is quite normal to find a few government relatives or friends who have invested in these schemes." Of course??? This might be "quite normal" in a fascist state, but please, we need to start calling out what is actual corruption. And we need a strong government to haul these leeches in front of Magistrates instead of tapping them on the wrist & then they're accused of something else, get tapped on the wrist, & on it goes, etc., etc.

    When will Angus Taylor be forced to answer for all his indiscretions? Let's start with his wife's (& his, historically) child-minding centres. Then there are his farms involved in water investments from the Murray/Darling. And what of the water that was stolen? Where is THAT inquiry up to?

    What has happened to accountability in our country? The Orcs are in charge & the deadline for complaints was yesterday.
    Hoohoo
    19th Dec 2019
    3:59pm
    Oh Rae, this little scam has already ended in tears for many job-seekers, students and people in care.

    It is exactly what happened when utilities like electricity were privatised. The providers were given a license to bleed the customers, "value" added with unnecessary investment with their "gold-plated" poles and wires, as they raked in profits unabated. They are all just inefficient middlemen who shuffle paper while the real workers are paid the minimum wage for doing all the hard work. Can you imagine what it's like to be a worker in a nursing home? Not only are they paid a pittance for performing very dirty & difficult jobs, but they are severely understaffed - all so the bosses can make a profit. It really stinks.
    SuziJ
    16th Dec 2019
    1:39pm
    Kaye, I agree with you that our pension rates are woefully inadequate. I've been saying for quite some time that our pensions need to be increased immediately by $100 per fortnight for a single person and $75 each per fortnight for couples. This would make it at least a little bit more affordable to keep our heads above water. Then the cost of living increases be at least 10% every 6 months, just to keep up with the rising cost of living, especially the rents we have to pay. I just don't know how the pensioners in major cities can afford to live. They may have public transport, hospitals and family on their doorsteps, but the cost of rents/housing is extreme.
    Kaye Fallick
    16th Dec 2019
    1:45pm
    Member comment removed as it was derogatory to pensioners - please debate in a constructive and civil manner, kind rgds Kaye
    Anonymous
    16th Dec 2019
    1:53pm
    Oh? What was it.. I like to judge for myself and I prefer all views to be openly expressed - that way we can dismantle them at leisure... and perhaps have a little wit thrown in ...

    Like the skier caught in an avalanche, we love to take the piste out of them.... cough it up, boy....
    neil
    16th Dec 2019
    1:46pm
    A budget surplus that any country may have is a signal of a failure of an economy.

    Neil.
    Anonymous
    16th Dec 2019
    1:55pm
    What is your solution, neil? Genuinely interested... many here have been pointing to the serious faults in economic governance for years now... such as addiction to globalisation etc, failures in taxation, adherence to worn-out philosophies the didn't work then and won't now ....

    Do your own research, Horace - look at Thatcherism and Reaganism and what those wrought...
    VeryCaringBigBear
    16th Dec 2019
    3:35pm
    You mean a deficit is the failure of an economy. A surplus I good and the bigger the better.
    Intellego
    16th Dec 2019
    5:43pm
    Bollocks, VCBB. By that reasoning, mortgages are failures of a family. Surpluses mean the government has been too tight-fisted. A good example is the current LNP nincompoops crowing about a surplus achieved by withholding $4.6 billion earmarked for the NDIS. disabled Australians suffer just so the LNP scum can look good. Unconscionable!
    VeryCaringBigBear
    17th Dec 2019
    8:23am
    Surpluses and deficits have nothing to do with mortgages. You can have a deficit without a mortgage.
    Anonymous
    17th Dec 2019
    9:13am
    Very simplistic, BB - an economy must actually move - it is not a static object like a rock that sits.. without movement of money and resources within it, it fails...
    Anonymous
    17th Dec 2019
    9:17am
    Good God, man - I've explained the circle of money times many - every dollar that goes to the peasantry is returned quickly into the tax cycle, where it is partially ambushed along the way by those who spend it Offshore, or plough it into non-taxpaying ventures, or simply hoard it in, say a new big swimming pool at the holiday home paid out of company funds, or ploughing it into their 'superannuation' fund and circumventing tax on shares etc with accountant chicanery...

    The peasants are not a drain on government revenue, and in a perfect world, the government could safely say that every dollar it puts out will come back to it within a short space of time... it's not the peasants who are hoarding it and slowing the return to the Treasury down to a trickle(requiring borrowing) ..... they pay full income tax and then tax on every spend....
    Anonymous
    17th Dec 2019
    9:20am
    Oh, BB? One of your pensioners who fill cruise ships was on TV last night - she said that the Mt White thing had ruined her trip of a lifetime that she'd saved up for fifty years to do...

    So you may stop griping about pensioners on trips etc - it's not like they pull one pay cheque out of circulation and say - "Gee, I think I'll do Alaska and St Moritz this year ... after Aspen and the Caribbean cruise!"

    Every cent they spend on their 'trip of a lifetime' has come from post tax income and often from serious saving for years...
    Rae
    18th Dec 2019
    1:30pm
    VCBB I'm surprised that you of all people don't understand how the bond market works. Not issuing bonds into the marketplace is definitely not clever in a drought with such low interest rates and very little private investment going on.

    We will be very lucky if between them the government and RBA don't cause a full blown liquidity crisis.
    Hoohoo
    19th Dec 2019
    4:17pm
    It's amazing that people who utterly believe in capitalism and make lots of money and build empires, should suddenly say that borrowing money is not good. They know they would be NOWHERE if they applied that notion to their own businesses.

    My Year 11 economics teacher taught me this: You need to spend money if you want to make money. If you don't already have money then you need to borrow someone else's money. And even if you already have money then it's still good to borrow someone else's because it's a business expense & you won't have to pay tax on the profits derived. This is the basis of our whole financial system, yet the LNP keep screaming about Labor leaving them debt (which the LNP have more than doubled) & the only cure they've got is a stupid Surplus! And at a time when we so dearly need some stimulus! People are idiots to believe these greedy gits.
    Hoohoo
    19th Dec 2019
    4:57pm
    In answer to VCBB. Over the last 55 years, I don't know any person who has bought a home without a mortgage. Do you?

    (Of course there are many who have acquired houses from a line of credit in a portfolio to reduce their tax, but they are not people seeking a home to live in - they are essentially a business. They are still borrowing money, VCBB, I don't care what name you call the loan. You do a good impersonation of an idiot.)
    Farside
    19th Dec 2019
    5:12pm
    kids inheriting homes, sea and tree changers, downsizers and more do not need a mortgage to buy a home hoohoo.
    Hoohoo
    20th Dec 2019
    10:48am
    Kids inheriting homes are not buying a home. I'm talking about the first home you buy, that gets you into home-ownership.

    You can't do it without a mortgage, especially today for younger people, as they have less chance of saving for the deposit with contributions going into their compulsory Super.
    Farside
    20th Dec 2019
    1:00pm
    I agree most first home buyers likely do so with a mortgage and, as a parent of three adult children in their 20s, I can appreciate their challenge to accumulate a large enough deposit for an affordable mortgage. I was fortunate not to require a mortgage for my first house but swings and roundabouts, circle of life and such, the kids will inherit my home in the coming decade or so and it will provide each of them with more than enough deposit for a reasonable capital city property.
    Hoohoo
    27th Dec 2019
    2:38pm
    It's a pity most people have to wait for our parents to die, before we can afford a mortgage to buy our first home.

    It was the opposite for my parents' generation - they supported their elders & siblings before & after they bought their first home. They worked hard & were frugal, so were able to help most of my older siblings into land ownership.
    Farside
    27th Dec 2019
    4:49pm
    living through the war years and the post war period will do that to you Hoohoo; quite a different experience to a generation that has never known a recession, rations and shortages, mass layoffs, repair rather than disposal
    Hoohoo
    29th Dec 2019
    2:45pm
    Best not to make the argument about us versus them. I think young people have a whole lot of different challenges to what we had when we were young.

    It's true, young people haven't experienced rations and shortages, although the debit card for welfare recipients is very much like rationing.

    Young people haven't experienced mass layoffs because they rarely have secure work anyway. They lose their work, nevertheless.

    And there's so much deliberate built-in obsolescence, even for expensive items (like computers or anything technical), so it's a toss up whether to repair or to dispose. Most electrical goods will cost a flag fall cost for the repairer to just have a look, only to tell you that the cost of repair will cost more than a new, updated version.

    Please don't blame young people for these things - it's our generation that created this scenario. By the same token, it's not my fault - is it yours?
    Hoohoo
    30th Dec 2019
    2:54pm
    So not only do young people have say 10% of their wage automatically taken from their earnings into Superannuation, they also have to pay fees for any sort of higher education. So even before they start into the full time workforce, they are burdened with debt.

    Think about young nurses. They end up with about a $50,000 debt for training, even though they're required to put in hundreds of hours of unpaid work, as part of gaining their qualification. AND, they aren't allowed to do paid work elsewhere to support themselves. No wonder there's a shortage of nurses. What a rip off.

    At least in the old days, the hospital would provide (all female dormitory) accommodation for training nurses.
    Wendy HK
    16th Dec 2019
    2:09pm
    I'm having a forced "no spend" week.
    Give me an extra $100 a fortnight and trust me, I will SPEND it to help the economy along.
    arbee
    16th Dec 2019
    2:20pm
    Yet another left wing commentator coerced to spout off on this left wing publication
    On the Ball
    16th Dec 2019
    3:37pm
    I was just going to say the opposite. I see this site as representative of the sector of the population that votes conservative because "they will look after us"...
    ex PS
    17th Dec 2019
    2:54pm
    Left, Right, who cares, only a child would think all ideas from one side are good and all ideas from the other must be bad.
    Surely we are old enough to tell good from bad without having to be told by a political PR machine.
    Voting along tribal lines is what has got us into the mess we are in now.
    Hoohoo
    19th Dec 2019
    5:10pm
    Division is what wins election these days. You'd be mad to have a policy in this climate. And that's the problem now - we have a government who stands for nothing except the rules of the jungle. The biggest, richest, meanist, most selfish and dishonest, greedy bullies win!

    You can get away with murder because there seems to be a moratorium on accountability. It's fascism. You can steal water, lie in Parliament, own dodgy businesses and even fail to represent your constituents at all. It's open season with this LNP crowd. Business as usual.

    Who has the power to call them to account?
    Who can stand up to Murdoch's propaganda machine?
    4b2
    16th Dec 2019
    3:06pm
    Overly fixated on a surplus, just satisfy their ego. Forget about the hard working front line people on the lower rungs of income without any power to bargain for better pay or conditions. Forget about the crimes committed by the financial industry, focus on trade unions instead. Lets not talk about climate change during a drought and bush fires, well when is it a good time to talk about these things? Attack the welfare system for new-start, but do nothing about welfare for wealthy. We must be proud of the Government we elected?
    VeryCaringBigBear
    16th Dec 2019
    3:34pm
    The bigger the surplus the better as it's stupid to pend money we don't have.
    Intellego
    16th Dec 2019
    5:45pm
    It's more stupid to have society fall about by NOT spending on necessities.
    Anonymous
    17th Dec 2019
    9:22am
    Simplistic, BB, simplistic... money must flow like a tide to operate an economy... in and out ... the trick is getting the tides to be regular and on time ...
    ex PS
    17th Dec 2019
    2:59pm
    Industry thrives on money they don't have. Most businesses use credit to grow.
    You don't sit back and watch your house fall apart because you don't want to borrow money to fix it.
    This government is willing to put us into recession rather than give up a meaningless surplus.
    VeryCaringBigBear
    19th Dec 2019
    10:36am
    Anyone who borrows to improve their house is a mug as the interest is not tax deductable.
    ex PS
    21st Dec 2019
    7:57am
    You need to understand some basics, house improvement is not the same as general maintenance.
    If you lose a few roof tiles, you replace them so that the rain doesn't get through to the ceiling and damage it, this is maintenance.
    Improvement may be putting in insulation and ceiling fans. This can't be claimed as a tax deduction, but should increase the value of your property come sale time.
    You can sometimes have a one dimensional view on things and it makes you appear as though you don't think things through.
    ex PS
    21st Dec 2019
    8:10am
    Governments build up surplusses by not spending the money he have been given to provide us with essential services.
    They seem to use these surplsses at election time to give out tiny tax reductions to the peasants to buy votes.
    The peasants don't seem to realize that the government is only giving them money that was witheld from them in the first place and rewards them for it.
    Very clever really.
    I've decided to take twenty dollars out of your pay every week, but don't worry, next year I will give you a five dollar pay rise to make up for it.
    Oh thank you sir, very kind of you sir, you are so good to us sir.
    Works every time.
    VeryCaringBigBear
    23rd Dec 2019
    10:45am
    But I do think things through very well and I don't use credit to pay for things that might make me money in the future. Property is much more likely to fall in the future than go up.
    VeryCaringBigBear
    23rd Dec 2019
    10:46am
    Deficits have a big problem in that they mean bigger debts which take bigger deficits to pay the interest on those debts. If interest rates were normal we would not have a surplus.
    Hoohoo
    27th Dec 2019
    2:50pm
    VCBB, I'm sure you throw in this stuff just to disrupt.

    The economy needs an injection of stimulus, but Scumo just wants his immoral Surplus. He's looking after himself instead of the economy.

    exPS is correct, we are actually in Recession now but they fiddle the stats so they can stay in denial & continue to reach for their wretched Surplus, all while the economy continues to crumble. There's nothing trickling down, just tricks.
    thommo
    16th Dec 2019
    3:24pm
    You don't need any Arcee, it's just common sense.
    thommo
    16th Dec 2019
    3:24pm
    You don't need any Arcee, it's just common sense.
    thommo
    16th Dec 2019
    3:24pm
    You don't need any Arcee, it's just common sense.
    GeorgeM
    16th Dec 2019
    8:31pm
    I was going to say that too, as it is blindingly obvious common sense, however you already said it 3 times!

    I do however take objection to the words "full Age Pensioners" in Kaye's statement "..put money in the hands of those who need it the most – the unemployed and full Age Pensioners" - as if part Age-Pensioners should be left out, i.e. the ones (savers) most discriminated against by the Lib Govt's 2017 nasty Assets Test. She should have left out the word "full", otherwise it is a divisive approach.
    Anonymous
    17th Dec 2019
    9:24am
    Yes, George, the entire retirement packaging scheme needs an overhaul...

    If a pension to everyone was guaranteed, those who want more can save - without tax concession, into a super fund if they like..... and, of course, a lot of the allowable tax deductions need to be reviewed...
    VeryCaringBigBear
    16th Dec 2019
    3:33pm
    Only way to stimulate the economy is raise interest rates 5%. Low interest rates are depressing the economy.
    Intellego
    16th Dec 2019
    5:47pm
    Better to stimulate the society. You appear not to be able to see past a balance-sheet - a typical LNP bean-counter.
    VeryCaringBigBear
    17th Dec 2019
    8:21am
    Low interest rates have my wallet firmly closed as it indicates to me that bad times are ahead. Many others are doing the same to. No stimulation in that.
    Anonymous
    17th Dec 2019
    9:25am
    Did Labor cause that?
    VeryCaringBigBear
    17th Dec 2019
    12:17pm
    Yes
    VeryCaringBigBear
    17th Dec 2019
    12:17pm
    Yes
    Farside
    17th Dec 2019
    7:52pm
    I assume you mean increase rates from 1% to 6% rather than 1% to 1.05% Bear, so ponder the consequences of what a such an increase might be ... increase exchange rates, hurt A$ denominated exports, lower price of imports, increase competition for local producers, encourage more tourism dollars to be spent abroad etc.
    VeryCaringBigBear
    18th Dec 2019
    11:11am
    Yes 6% interest rate is a lot better for the economy than a 1% one.
    Hoohoo
    27th Dec 2019
    2:56pm
    Then why are the Liberals continually trying to force the Reserve Bank to lower interest rates, VCBB? Why?

    Are you suggesting the LIBERALS are lousy financial/economic managers?
    Hoohoo
    29th Dec 2019
    2:49pm
    And how's their trickle down economics plan working? It's not! Only for the mega wealthy.
    ex PS
    31st Dec 2019
    9:07am
    Instead of trickling down, there seems to be a steady gush upwards, as predicted. For the economy to be made well again all must flourish not just the ones at the top of the tree. To expect them to share their wealth with the peasants is surely no better than communism, surely that can not be part of any LIB/NAT Plan. Have the LIB/NATS turned to socialism?
    On the Ball
    16th Dec 2019
    3:42pm
    Yay! Josh just announced "we" are in surplus! Clover and rishness for us all!
    So all you who have suffered through cuts and stagnation, you must be dreaming. Our Government has paid for everything we need, especially in the health sector, and still have a surplus!
    There's nothing wrong here because our benevolent Government doesn't have to spend all the money we gave it to spend on us.
    We are all so well off, that the Government can actually give us everything we pay them for, and have some left over!

    Amazing....
    Anonymous
    17th Dec 2019
    9:28am
    Wait until you see how much they borrow this time around.... what will Von Frydenburg say then? "It's taken us this long to get it right - so now we will borrow another $200Bn to knock home the coffin nails on debt... our budget is in surplus (remember a budget is a forwared estimate, not money in the bank) and debt inherited from labor is now under control, and now to cement it we need to borrow more...."" (yardle, yardle)...

    How do you know a politician is lying? Their mouth moves....

    Like Dar Cormannnator, he should be in stand-up comedy, his ability to speak nonsense with a straight face should give him a good start ...
    ex PS
    19th Dec 2019
    8:51am
    Great, we are now in surplus, when will things start to improve?
    Farside
    19th Dec 2019
    9:28am
    PS, this is as good as it gets, at least for the near to medium term. Other countries have been in low interest low growth circumstances for a decade or more
    Oldman Roo
    16th Dec 2019
    4:10pm
    This country is forever burdened with the same dilemma - vote Liberal and when in Government , the poor rich will cry poverty and their taxes will be lowered and extra income earned will end up in overseas tax havens and family trusts . Result : Nothing will change for the small man .
    Vote Labor and the poor rich will not gain the extra income but all their extravagant spending and lack of understanding of the economy , clouded by dogooders priorities , will also end up in negative territory . Result ; The wealthy and big International companies will remain untouched and the low income earners will receive more benefits financed by Government borrowing and the same low income earners will be penalised when the Liberals get voted in again and the Bill for the borrowing has to be paid .
    Anonymous
    17th Dec 2019
    9:29am
    Spot on....
    Hoohoo
    27th Dec 2019
    4:56pm
    Well, should we just stop stressing out and accept that we are ruled by a global elite minority?

    Shall we stop kidding ourselves we live in a democracy and start calling Australia a fascist state? We might lose less sleep.
    ronnieb
    16th Dec 2019
    4:13pm
    I find it a bit depressing when i note that nobody (up to the time of this comment) has mentioned that our Government has a debt of 4 or 5 times the National GDP yet for some weird reason focusses on having a "budget surplus". It is totally meaningless but the mums and dads of this Great Nation hear it and think that Scomo and Josho have a little bit left in the back of their purse that will just get us through the next crisis. Meantime, this country and much of the rest of the world is in absolute crisis in so many ways it is pointless discussing them because Scomo and Josho are focussed on their stupid little budget instead of the changes needed to create more higher paid jobs, a decent Newstart allowance, a pension system that allows pensioners to dream just a little, a health system that supports public hospitals properly, an education for children that meets our basic aspirations, our public transport systems that are built in co-operation with State Governments, roads that actually work, indigenous people who are encouraged to develop their particular skills, refugees who are welcomed here and so on and so forth. The Elites of this country have total control and the micro percentage of our population will run the so called economy for their own advantage with the blessing of most of Scomo's Cabinet. We are doomed to a life of hardship and endless "trust me "scenarios.
    GOW
    16th Dec 2019
    6:20pm
    Yep! And like our own means of living and every other aspect of our lives we don't have a say, the Governer General is best buddies with the PM so he won't sack the PM., we just have to endure the time of this government and hope that not most of our streets become "public housing" for the elderly that they robbed of their pensions that they paid taxes for all their working lives and now Josh is glowing in the financial benefits of depriving them of what they paid out over the last 30 - 40 years.
    Anonymous
    17th Dec 2019
    9:35am
    WADR - Hurley isn't an economist.. he is a retired military man - no credentials for the job apart from what I said before - to be a top military man, after a certain rank (around Lt Colonel) you need to be a politician as well... you must learn the ropes within the MIlitary, and then by the time you get to be G-G you are comfortable with glad-handing and handing out facile phrases of nothing and retaining a dignified silence while ignoring the pleadings of the trampled peasants you serve... those cannon fodder down there...

    These days, if you fail your PC credentials at around Captain/Major (don't you dare slag the gays or the sheilas on their one-year enlistment) - you are Goneski... what utter rubbish in an allegedly independent and non-political military... (FFS)...

    Bring On the Republic!
    ex PS
    17th Dec 2019
    3:05pm
    It is no more than a P R exercise, create a non emergency and then amaze the peasants by solving it. The've done it before, remember the Finnancial Crises that just disapeared after an election was won?
    Wecseem to fall for it every time.
    Farside
    17th Dec 2019
    7:53pm
    PS ... and we will fall for this spin again in 2022
    Hoohoo
    27th Dec 2019
    5:09pm
    There you go again, TREBOR! In the middle of another topic you bring up being PC enough not to "dare slag the gays or the sheilas ..."

    If you want to have a go at the military about it not being "an allegedly independent and non-political military.." then why not have a crack at having to swear allegiance to the leader of a foreign country (the Queen) or saying Christian prayers before starting official proceedings. Save your breath for something more important than reeling against the law that now says you can't discriminate against women and gays (more than half the population). Get over it - you've lost that war, thankfully.
    ex PS
    31st Dec 2019
    9:22am
    If bringing on the Republic is an excuse for going back to the days of discrimination against minorities or women, I say who needs a Republic? That sort of republic would also see Madam Guillotine in every town square and a bitter little non-achiever at the head of every committee, trying guilty and innocent alike and sending them all to the widow maker.
    In many cases PC has run out of control, but for the most part I feel it has been a good thing.
    The military is a right wing organisation, it has to be, it depends on class distinctions to get the total allegiance and obedience it requires to work, when I served you would get free Newspapers at base but they were all slanted one political way, I came out slightly more right wing than when I went in. Luckily it did not take long in civilian life for me to get back to normal. And yes politics plays a bigger role in advancement in the armed forces than it should, but it is a different environment that has stood the test of time.
    Right wing views work for the military, that does not mean they are right for civilian populations.
    Macheke
    16th Dec 2019
    4:40pm
    Maybe we can have a budget surplus and stimulate the economy by cutting unproductive efforts and spending on productive ones.
    ex PS
    31st Dec 2019
    9:23am
    What, do you mean suspend government and start again?
    GOW
    16th Dec 2019
    5:19pm
    Excuse me, but how many members on YOURLIFECHOICES are living on any pension/welfare benefits? If you aren't and you are self funded retirees you do not have a clue as to what anyone on ANY sort of pension is going through living from fortnight to fortnight. Most have no investments etc., to fall back on and are doing it EXTREMELY TOUGH. Many will have a lousy Christmas through no fault of their own. Most of who cannot afford a computer of their own and rely on their local library or other sources to access the internet. Some of the people on YOURLIFECHOICES do not have a clue OR their only enjoyment in life is to troll. Dear Trolls, use your time more usefully and take a look at government websites and clue yourselves up on policies and inquiries..
    perhaps go on youtube and watch VERY REAL people going through hell while you are sitting on your backsides spitting out venom that wouldn't kill a fleas.
    ex PS
    17th Dec 2019
    3:20pm
    As a Self Funded Retiree, I can tell you that I have indeed lived from hand to mouth, had to work all hours that came my way and three jobs at a time.
    That is how I became a SFR, I don't presume to know what it is to live on a Pension, maybe you shouldn't presume to know how Self Funded Retirees got where they are.
    Most Pensioners are where they are through no fault of there own, a few are there because they wasted money on booze, new cars and fast food, I am smart enough to understand this and not let the few bias my opinion on the majority.
    Whether we are taking a well deserved Pension or are self funded, we are all in the same boat, we all have greedy politicians putting their hands in our pockets in order try and fix their disastrous management of the economy.
    VeryCaringBigBear
    18th Dec 2019
    7:58am
    Being on the pension is go9d compared to those trying to live off the interest generated by a million dollars in the bank. Interest on $2 million might just cover the very basics but it is still less than the pension.

    Low interest rates are not good for the economy and are depressing spending not stimulating it. I for one wont be spending any mire than usual this Christmas. Most likely less than usual as I now live a minimalist lifestyle with little if any waste.
    Rae
    18th Dec 2019
    1:45pm
    Those living on income streams have had decades of living fortnight to fortnight struggling and needing an extra job or three to even pay the compulsory super for all those decades. If you think that was easy think again.

    Then this government betrayed them by deeming up to 48% non concessional amounts as only 10% simply to deny them concession cards. Wonder why we aren't spending at all. That's one very good reason. We no longer trust this government or their economic management.
    ex PS
    18th Dec 2019
    9:41pm
    I won't spend any and won't spend any less, my modest Super invested in my Industry fund provides me with enough to live comfortably.
    My strayegy is simple, don't take rash risks with my investments to chase unrealistic profits and work out what I need as apposed to what I want. You do not need $1 million dollars to be comfortable, you just need a Pension Fund that can be trusted and that you understand. Just stay away from the banks.
    VeryCaringBigBear
    19th Dec 2019
    10:34am
    I bet your industry fund is heavily invested in the big 5 banks.
    ex PS
    23rd Dec 2019
    10:18am
    Maybe it is, but if I choose to, I can exempt my fund from investing in the banks on my behalf.
    I don't do so and would propably never do so, I have bank shares in my personal portfolio.
    But I would never trust a bank for financial advice, actually I would never trust a bank with my financial future.
    There are so many options for investment with my Super, I have no need to deal with any investment institution I dislike.
    VeryCaringBigBear
    23rd Dec 2019
    10:41am
    Banks are like credit cards. Great slaves but poor masters. Without the help of banks I would not be financially secure today. It is as simple as that.

    Currently trying to think of a good place to fly to so I can use my credit card points.
    ex PS
    31st Dec 2019
    9:42am
    Congratulations VCBB, you seem to be the exception that proves the rule, I am happy for you, as I am happy for anyone that escapes a disaster. I do not mind Banks if used as a place to store money safely with minimal interest being made, but other than that, I see no value add to be had by using them.
    But there is a place for them for the elderly and frail who find it difficult to move away from institutions that have been around for all their lifetimes, it gives them comfort in that they are seen as safe and backed to a certain extent by the government. My own mother in law persists in having several lots of money put away in fixed deposit accounts and really seems to get a certain amount of satisfaction moving them around every six months to gain that extra .025 %, it also gives her a feeling of being a successful money manager. And that's the point of life at our age, doing what makes you feel relevant and happy.
    Me, I take my points in the form of cash cards, I don't have to worry abut flying to places I don't really want to go and spending money on accommodation and food that I would not usually spend, I am not a slave to my Credit Card Points. I have not paid one cent of interest on my card in twenty years.
    Enjoy your trip.
    VeryCaringBigBear
    3rd Jan 2020
    10:53am
    I not only have paid no interest on my credit cards but no fees either. I have numerous cards all of which save me money in their own way. I have cards for points, cards to save overseas transaction fees, cards with cashbacks etc.
    Intellego
    16th Dec 2019
    5:32pm
    This LNP government of nincompoops is one of the worst under which Australia has suffered.
    Intellego
    16th Dec 2019
    5:32pm
    This LNP government of nincompoops is one of the worst under which Australia has suffered.
    GOW
    16th Dec 2019
    6:02pm
    YEP! I agree....in fact I will add to this....ANY government for the last 20 years! So out of touch with the real world they may as well come from MARS!
    VeryCaringBigBear
    18th Dec 2019
    8:02am
    It's n9t the government's fault but people unreal expectations that is the problem. Since I have changed to a minimalist lifestyle things have never looked better.
    ex PS
    23rd Dec 2019
    10:23am
    That is your choice, many people are living a minimalist lifestyle purely through lack of funds.
    I don't personally feel that a roof over your head, one hot meal a day and a stable political environment are unrealistic goals.
    If they are it us proof that this country is stuffed.
    VeryCaringBigBear
    23rd Dec 2019
    10:39am
    Well we do have a stable political environment and it doesn't cost that much to have a simply roof over one's head and a hot meal every day. If you can't live on welfare then you are living beyond your means.
    Chooky
    16th Dec 2019
    9:36pm
    How good are these LNP economic managers!
    Well Australia, don’t complain about low wages growth, high power prices as the economy continues to stagnant and the LNP ludicrous mantra ‘we must maintain a surplus’ as AUSTRALIA YOU VOTED FOR IT!
    ex PS
    17th Dec 2019
    3:24pm
    And we'll do it again, government is not decided by the Left or Right, it is decided by the few that think for themslves, unfortunatley their votes go to Independants who nearly always vote for the Right.
    VeryCaringBigBear
    23rd Dec 2019
    10:35am
    If wages grow then prices will grow even further. Wage growth is not the answer at all.
    ex PS
    23rd Dec 2019
    3:04pm
    No wage growth, no Industry growth. Simple fact, if people have less money, they spend less, people spend less small businesses close. Guess what, when businesses close people end up on the dole.
    Businesses and wages have to grow, if one stalls they both fail.
    Are you really saying that stagnation is the way forward.
    I don't waste money, but I don't mind a cup of coffee when I am out and about and I induldge myself in a couple of hobies.
    Reduce my income and the coffees and hobies go, multiply that across the board and you have businesses going broke.
    You can not separate prosperity from wages and prosperity from running a business you need both for each to survive.
    VeryCaringBigBear
    3rd Jan 2020
    10:49am
    Only decent coffee is at the Golden Arches and it's free.
    mogo51
    19th Dec 2019
    11:49am
    Verycaringbigbear, the payments being made to these providers is a serious rip off. There are public servants sitting on their arses doin Naught. Why aren't they given something to do, like helping poor soles.
    I am not religious but my partner volunteers at a Disability day each week.
    What they do for these poor souls is truely marvellous. The churcg has had $500k p.a assistance withdrawn from them by NDIS ie. The Government - can't figure that one out.
    VeryCaringBigBear
    23rd Dec 2019
    10:37am
    Yes it is a rip off. I know of some people who use private people to help them as the co-payment is too expensive.
    Hoohoo
    29th Dec 2019
    2:56pm
    mogo51, the Government neglected to spend $4.3 billion allocated for the NDIS from last financial year's budget. Why? For their immoral Surplus!

    How good are devils who rip off the disabled?
    VeryCaringBigBear
    3rd Jan 2020
    10:48am
    We simply can't afford the NDIS so it should be scraped as it is just so wasteful.
    Hoohoo
    29th Dec 2019
    3:04pm
    Yes, the Government IS overly fixated on their immoral Surplus! They deliberately neglected to spend $4.3 billion allocated for the NDIS from last financial year's budget so now they can claim a Surplus. Disabled kids who've outgrown their wheelchairs are being pushed about in wheelbarrows but that doesn't matter - we have a Surplus!

    How's their trickle down economics theory working? It's not! Only for the mega wealthy. It's about time they admitted their austerity plan has strangled the economy and by continuing to squeeze middle and low income earners, they are flogging a dead horse. You can't get blood out of a stone.
    ex PS
    31st Dec 2019
    9:49am
    I can not name one country that has benefited by austerity measures, the US may come close, but if you take away the billions of dollars they invest in warfare, they would not be doing well.


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