Jamie says Kev took us backwards

Businessman, James Packer, says Tony all go, but Rudd no go.

Jamie says Kev took us backwards

Yesterday business heir Mr. James Packer took aim at former Australian PM, Kevin Rudd, stating that he took Australia ‘backwards’ when he held the top job. "I'm a big fan of Tony Abbott, I'm lucky enough to know him a little bit personally and professionally," he went on to say on Fairfax Radio.

He then unloaded on the former PM, prefacing his remarks that while he didn’t want to ‘speak ill of someone no longer in the job’,

“I do think the governments in between the Howard and Abbott governments didn't do a great job, in truth, of strengthening ties in our region …The truth is that Australia's relationships with China, Japan, India and Indonesia probably all went backwards over the last five years.”

Mr. Packer is part of the business delegation travelling with Prime Minister Tony Abbott in Japan. Perhaps not a coincidence, Mr. Packer hopes to extend his gambling business footprint, opening a casino in Japan, in the wake of similar ventures in Macau and the Philippines and the soon-to-be completed Sydney Casino at Barangaroo Point.

Mr. Packer went on to say that Mr. Abbott’s government has declared Australia ‘open for business” and that it was ‘playing catch-up’ repairing relationships.

Read the ABC report here

Read the Daily Mail report here.


Opinion: Business (heirs) rule, OK?

An accident of birth means that James Packer has inherited sufficient wealth to dine at the big end of town and have close contact with Prime Ministers, political leaders and decision makers. Similarly with Gina Rinehart. An accident of birth made her an heiress to a massive mining fortune.  Yes, both Mr. Packer and Ms. Rinehart have managed their inherited wealth and in some cases, embraced new industries. They are both members of Australia’s small, but vocal billionaires club (think Clive Palmer). But here the similarities end. Interestingly, our billionaires who did NOT inherit wealth (Kerry Stokes, Frank Lowy, Andrew Forrest) tend to keep a low profile when it comes to commenting on politicians, their performance and how the economy could be better run. Not so with the ‘heirs club’. In recent times Ms. Rinehart has distinguished herself bemoaning the high wages paid to Australian workers (as compared, unbelievably, to the $2 a day she believes African workers are earning), Australia’s lack of competitiveness, and the excessive red tape clogging the arteries of our business world.

Yesterday Mr. Packer let fly on Kevin Rudd who apparently took our relationship with Asia backwards. Not only is ‘Asia’ a mighty big region, Mr. Packer’s statement is a mighty big one when it comes to slamming one of our more experienced politicians, particularly in the Asian region. Interestingly, most political commentators view the early actions of the Abbott Government to have placed great strain on our relationship with Indonesia.

It is a given that business people will be comfortable with a conservative government which includes them in a delegation designed to foster closer industry contact. That makes a lot of sense. But why, oh why, does this make such heirs and heiresses captive to the notion that they can evaluate whether a leader is competent at foreign trade relations. And furthermore, that they have the right to comment on behalf of the entire population, most of whom did NOT inherit great wealth, and work 9-5 to try and create a modest nest-egg for their later years.

There is an old saying that those who can, write. And those who can’t, review. Similarly, I can’t help but think this works for billionaires and entrepreneurs. Those who can, create. And those who can’t, commentate.

What say you? Do Australian business leaders have a disproportionate voice when it comes to government policy? Is it right that these billionaires are involved with government trips such as these?





    COMMENTS

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    TerryT
    9th Apr 2014
    10:04am
    Kaye
    Your jealousy is showing..democracy means everyone has a right to an opinion and the right to express it even if by 'An accident of birth' they are in your eyes less worthy to express it.
    doclisa
    9th Apr 2014
    10:34am
    This article is not about democracy, but rather touching upon the use wealthy, and suggesting here those who inherited wealth, have more right than others to be heard in a democracy. The ability to broadcast your opinions in the press gives those opinions more weight than mine or yours. This can have a negative impact on Australias relationships with other countries and corporations in the realms of politics, social agendas, forward relationships, shared issues and solutions. There is a particular bias in the media, of which Packer is no stranger, to promote the words of business (men) into other areas that are not their area of expertise. This is a sad out come for Australian style democracy which seeks an open agenda in evey level of our governance.
    Nightshade
    9th Apr 2014
    10:01pm
    dolclisa
    My eldest daughter lives in W.A. - she has been there for over 10 years - it is a small place - there is this story which persists - she has heard over & over again - it tells that Lang Hancock died penniless - that he had lost it all - we will never know the truth - but anything is possible.
    Which begs the question - what is really going on.
    Not all that glitters is gold.
    Anonymous
    10th Apr 2014
    9:38pm
    TerryT
    Everyone has a right to an opinion… yes, BUT when that opinion, wealth and power are used to subvert our democratic system then it becomes more than mere opinion.

    Did you know that Australian law that applies to every one in this land does NOT apply to James Packer's Casinos located in the various states of Australia. He can employ based on nationality and religion when no one else in Australia can do so. People are allowed to smoke cigarettes in his Casinos when this is illegal in other public places….. just a couple of examples.

    NOW we have this person TELLING US that RUDD who put Australia's economy (during the GFC) at the very TOP of the WORLD…. beating China, Russia, USA & UK and ticking ALL the good boxes at the same time which has never been done by any other country - judged internationally, NOT by the Labor party. Under RUDD we were one of the most EGALITARIAN countries in the world - that is, our wealth is spread out rather than mostly held in the hands of a select ELITE few.

    No wonder James Packer thinks that Rudd took Australia backwards…… Rudd paid more concerns to the Australian people, rather than putting money in HIS POCKETS… one of those ELITE few.

    REMEMBER what is good for billionaires and mega corporations, is MOST CERTAINLY NOT good for the average Australian.


    Nightshade
    Lang Hancock most certainly had huge wealth when he died… besides Rose buying big with what she received, Lang left a huge amount in a Trust for his grandkids. That is the same Trust account that Gina Rhinehart took over as trustee and effectively 'stole' her grandkids money. Then we have the multi millions that Gina received herself which obviously wasn't enough because she tried to take Rose's portion and did take her grandkids portion.

    Such a greedy charmer…… I am sure that she would do everything possible to share her wealth with Australia, to ensure we remain a strong economic egalitarian nation.
    Jen
    9th Apr 2014
    10:21am
    Hahaha you have to laugh. I would have thought the opposite. As for our current government, which James Packer obviously prefers, (no surprises there,) never before have we been galloping backwards and downwards as rapidly we are now.
    Luchar
    9th Apr 2014
    5:52pm
    Jen,
    Instead of making generalisations like "never before have we been galloping backwards and downwards as rapidly as we are now", and expecting everyone to fall over themselves agreeing with you,it might help your argument if you could give us even one example.
    Jen
    10th Apr 2014
    8:35am
    Luchar, what a silly thing to say, "expecting everyone to fall over themselves agreeing with you." I expect no such thing, especially on this forum. As for examples, I have a list longer than my arm, but I very much doubt you'd be interested.
    moorlands
    9th Apr 2014
    10:26am
    Looking at those two pictures the word "Trough "comes to mind.
    LENYJAC
    9th Apr 2014
    10:33am
    YEAH BOTH HAVE THEIR HEADS IN IT???
    mogo51
    9th Apr 2014
    10:30am
    I am increasingly disappointed by this website and its Labor political bias and socialist views.
    Terry T is correct, everyone has a right to an opinion, even one so biased as you.
    Think 20 bill surplus at end of Howard Government, then think of 667 bill deficit after six plus years of Labor waste!!! You don't have to be a rocket scientist to work it out who were the incompetents.
    Marc
    9th Apr 2014
    12:14pm
    In my experience, rocket scientists don't make great economists.

    When the Liberals took government, national government debt was actually around 300 billion (somewhat shy of 667 billion).

    Mr. Howard did not have a GFC to contend with, but, thanks to Labor policies, we avoided the worst effects of the GFC. The rest of the developed world was not so fortunate. By international standards our debt to GDP ratio is tiny. What's the problem? Where is the evidence of incompetence?
    Gra
    9th Apr 2014
    1:02pm
    Well said Marc. As usual, Liberal sycophants can't see the forest for the trees and willingly choose to ignore the GFC. I wonder what kind of mess we would have been in had the coalition been in power at the time. One can only guess they wouldn't have implemented the measures Labor did to keep out economy strong. Hell, the coalition can't even make a decision now without dithering over it and biting each others back.
    professori_au
    9th Apr 2014
    2:42pm
    Hey! I take exception of being charged with a Labor bias. I am apolitical as I believe there is little difference between the major parties. They do not govern for us.
    Once elected our politicians show their personalities, ambition, "me first", and greed.
    Luchar
    9th Apr 2014
    5:47pm
    Here we go again!

    The article asks for comment about Packer's view on Rudd's contribution towards advancing Australia's economy and relationships with Asia. "mogo51" rightly expresses the view that in a democracy we all have the right to express a view, and suddenly the labour faithful want to rewrite history over the amount of debt Howard inherited and, with not a single point to support the argument, how poorly the conservatives would have handled the GFC, which, in reality, was little more than a hiccup in Australia, thanks to China and the economy Rudd had inherited.

    If you want to prove Packer's comment wrong, show us examples of how Rudd moved us forward in Asia If Abbott is signing agreements with Japan and South Korea, it would suggest that such agreements were not reached during the Labor years. Further, I understand that negotiations began with China as far back as 2005. New Zealand reached its agreement with China in 2008. What happened to Australia's negotiations during the Labor years.

    What a sorry lot we are becoming when people like Rinehart and Packer are not supposed to be entitled to an opinion simply because they got their start in life through inherited wealth. Instead of merely criticising them because they can afford to eat and travel with the "big end of town", find fault with their arguments before you go rushing into print!
    Patriot
    9th Apr 2014
    7:51pm
    Professori,

    Politicians & us (WE THE PEOPLE) are slaves.
    The pollies are slaves to the cartels & Multinationals and they - for the moment are rewarded for these treasonous acts rather handsomely!!!
    WE - THE PEOPLE - are the slaves of the pollies who, RIP US OFF as per their instructions of their Foreign Masters.

    Only one thing these pollies should not forget: "Their is NOT & Never will be HONOUR AMONGST THIEVES".
    I just cannot wait until the "Days of Reckoning" gets here and we, THE PEOPLE, will rejoice and regain our freedom. CANNOT BE FAR AWAY NOW!
    Marc
    10th Apr 2014
    11:30am
    @Luchar: with respect, it was mogo51 that brought the off-topic issue of debt into this discussion. I was merely correcting his gross over-statement of the debt position and responding to his (off-topic) claims of economic mismanagement under Labor.

    As far as I can see, no-one, apart from you has mentioned "the amount of debt Howard inherited" and I fail to see its relevance in this thread.

    As for "with not a single point to support the argument", in support of my position I pointed out that national government debt was around $300 billion when the LNP took power and also that Australia's debt to GDP ratio is tiny by international standards. I can support both of these facts with references, if you would like.
    moorlands
    11th Apr 2014
    3:41pm
    Luchar could I please edit your comment as "we"seems to include me which it certainly does not. (Edit: What a sorry lot me and my kind have become when people like Packer and Reinhart are entitled to a well publicised opinion because of their inherited wealth.)

    9th Apr 2014
    10:33am
    OK. It works both ways. What gives you the right to publicly express your views? What could you have contributed to the proceedings if you had been invited instead of one of these business leaders?
    This site is becoming too ridiculous for words. I used to be excellent, but now it cluttered with pseudo advertisements, and 'opinion' pieces by people who, it seems to me,have no idea what they are talking about and just cobble words together to make themselves appear knowledgeable and to fill empty spaces. Remember, more is not better! You try to be everything for everybody and fail badly by not being anything to anybody.
    I agree with TerryT's opinion.
    What do others think?
    brainstraina
    9th Apr 2014
    12:48pm
    GREENIE
    You have expressed my sentiments. Thank you and yes, the website has become a disappointment.
    digiom
    9th Apr 2014
    12:49pm
    Well said. Exactly what I was thinking.
    retroy
    9th Apr 2014
    3:51pm
    The fact that these biased viewpoints are expressed in this forum certainly gets the ginger up.
    When it is so blatantly anti rich and anti achiever it smacks of jealousy, so let them wallow in their envy and from time to time we will remind them that it is the movers and shakers who make this country go forward.
    It is not the ex trade union officials, failed lawyers, or Mandarin speaking egotists and others who think thy matter.
    Kaye Fallick
    11th Apr 2014
    3:51pm
    Maybe it is worth noting, that for all its 'faults' this website allows expressions of opinion from all comers, as long as they are civil. Perhaps this ability to host such a forum is useful? Not being anything to anyone means a certain openness of dialogue? Just a thought :-)
    moorlands
    11th Apr 2014
    3:53pm
    Greenie, "What do others think " Well I think that if you do not wish to watch, read, or partake in alternative opinions, then you should restrict yourself to reading the "Australian " and watching Andrew Bolt both of which I am sure will cater for your restricted view of the world.
    Oldie84
    9th Apr 2014
    10:50am
    Aren't you just a wee bit jealous that it wasn't you born with a silver spoon in your mouth? Life is not just. It just happens.
    Tom Tank
    9th Apr 2014
    10:52am
    Everyone is entitled to their opinion and to express it. It then falls to the listener to gauge upon what basis is that opinion made.
    Given the background of James Packer he is obviously stating an opinion based upon his knowledge and experience which would be fair to describe as "Big End of Town".
    Taking that into account, and that his wealth is now based upon gambling, it is not that difficult to see that he will say what will be beneficial to him and certainly not what is in the best interests of us lesser mortals.
    It is always interesting to look behind the statements to try to understand the background behind them and one should never ever underestimate the power of self interest.

    9th Apr 2014
    11:56am
    Yes - he has the same right to do so as anyone else - the issue is how much credibility we, as a social group, offer to his views. Same as Gina - she is entitled to her point of view - we are entitled to reject it.

    It is ONLY when such persons of no genuine experience and merit are permitted to make the rules that problems arise. Neither he nor Gina is an expert on international affairs.
    tisme
    9th Apr 2014
    11:58am
    Australia sure is "open" for business and ripe for picking. how much does packer and abbott gain out of it all?? until all aussies are equal no Politician is any good
    aquatrek
    9th Apr 2014
    12:02pm
    all Ausies equal - that is an impossibility and only socialist 'dreamtime' ideology.

    Packer answers to the shareholders and Abbott answers to the Oz public come elction time.
    Anonymous
    9th Apr 2014
    12:09pm
    Well said - I just posted elsewhere ...

    http://www.ozpolitic.com/forum/YaBB.pl?num=1397000060/0#7

    ... on the subject of the distant beating of the drums as the hordes of independent commissions approach to sack the castles of the self-enriched - who behave after the style of a true Third World Banana Republic in their handing out of comfy sinecures to mates and party flunkeys.

    For Reeper - it's hardly 'socialists' who find these things objectionable - it's any person good and true.

    As a matter of fact I reject the views of Packer and Gina out of hand - if they wish me to seriously consider their ideas, they need to present me far more than rhetoric and privileged commentary.
    Patriot
    9th Apr 2014
    2:42pm
    Aquatrak

    Only because "we The People" believe that we cannot get control back of our country prevents it happening.
    If we - collectively - were determined enough we - as the majority - could recover Australia from the hegemony these CRIMINALS exert and - indeed - make ALL AUSSIES equal under the law & every other way.

    STOP BELIEVING WE CANNOT & WILL NOT!!!
    Reeper
    9th Apr 2014
    11:59am
    Here we go, the Socialists closing ranks when someone says something naughty about one of their own. For those Socialists with problems, remember, we are a democracy which allows us to a great deal of freedom to express our views. You don't have to like the Packers or agree with them, but you must agree they have a right to their opinion....or did Gillard get dumped before she stopped that?
    Jen
    9th Apr 2014
    1:41pm
    Freedom to express our views? Not so much with this Government:

    http://www.theguardian.com/world/2014/apr/07/immigration-department-accused-of-intimidating-refugee-advocate

    Post "dissent" on your facebook page and the Ministry of Truth is watching, ready to pounce and "take matters further."

    Work as a public servant? Post dissent and lose your job. http://www.theguardian.com/commentisfree/2014/apr/07/dob-in-your-tweeting-mate-at-work-so-much-for-free-speech
    Odup2
    9th Apr 2014
    12:07pm
    Kaye
    Your bias for Labor is showing, yet again!
    Odup2
    moorlands
    12th Apr 2014
    11:22pm
    And so is yours Odup2.
    KSS
    9th Apr 2014
    12:21pm
    I think Kaye said it herself "Those who can, create. And those who can’t, commentate." Kaye is commentating. And again... "those who can, write. And those who can’t, review" Kay is reviewing what has been written.....

    The point of living in a democratic state is that we all have free speech - even Mr Packer. People have fought and died for it and continue to do so. In Australia we value our right to say what we think - regardless of the 'accident of birth" or measure of one's bank balance. You do not have to agree with anyone else but you should not be attacking them for exercising their right to express their opinion. Particularly when the attack seems to be based purely on the size of their wealth.

    Disagreeing with someone doesn't make them wrong either. It just means you disagree!
    Luchar
    9th Apr 2014
    6:14pm
    "KSS"
    You have hit the nail on the head. All of the criticisms of Packer and Rinehart in the responses to this article have been aimed at their wealth.

    Unless I inadvertently overlooked it, not one contribution to this article has attempted to show that Packer's comment that "Australia's relationship with China, Japan, India and Indonesia probably all went backwards over the last five years," is an incorrect statement.

    Similarly, not one contribution addresses the statement of Gina Rinehart "bemoaning the high wages paid to workers, Australia's lack of competitiveness and the excessive red tape clogging the arteries of our business world."

    Rather, all the criticism aimed at Packer and Rinehart is simply aimed at their inherited wealth and expresses doubts about the right to express an opinion.
    btony
    9th Apr 2014
    12:37pm
    Really, who care s what James Packer or Gina Rinehart say.
    I couldn't care less, they are entitled to have an opinion , everybody's got one.
    They live in their world, I live in mine , and never the twain shall meet :-)
    Old Fella
    9th Apr 2014
    12:47pm
    Devine right and Devine opinion of the wealthy, matching pairs. More about keeping the wealth contained to a few.
    A mausoleum to wealth or a Gravesite to the poor, is still a dead end .
    Opinion and Wealth are both transient in nature and kind.
    Positively however, history indicates that non self serving opinions, uplifting humanity and society, always outlast the temporary lustre of wealth held by a few.
    Gra
    9th Apr 2014
    12:59pm
    I'm surprised Packer could take his head out of Abbott's nether regions long enough to make the statement. He should have a look at the damage done to relations with our Asian neighbours by Abbott since he became PM before making such ridiculous and unfounded comments about Rudd. Honestly, does anyone believe either Packer or Rinehart have anyones interests at heart other than their own? All they can see are more dollars going into their pockets, they don't care about Australia or Australians.
    Anonymous
    9th Apr 2014
    1:09pm
    Well said, Gra-Gra. Government would be far better served without this endless bickering and finger-pointing and a focus on the real issues - which are that Australia is going broke - not that the government has run out of money, since it cannot as long as people work and pay - but our genuine productivity is vanishing like a pile of ore in WA.....

    As for money-grubbing - I await with breathless anticipation the Royal commission that will put the finger on ALL of them.
    Luchar
    9th Apr 2014
    6:36pm
    Gra,
    I would anticipate that, as a businessman with business interests in Asia, Packer would have spoken to several Asian businessmen and others in high places, before making his statement.

    On the other hand, "Gra", perhaps you could reveal your sources and give us specific examples to support your comment regarding "the damage done to relations with our Asian neighbours by Abbott since he became PM."

    Before replying, you might like to reflect on agreements signed with Japan and South Korea over the past couple of days, the expected agreement to be signed with China, and not forgetting, of course, that the "Indonesian Spy Scandal" occurred during the Rudd years.

    Can't wait to find out about the damage you know about!
    ozimarco
    9th Apr 2014
    1:09pm
    James Packer and other fat cats like Gina Rinehart obviously know who their friends are. Just like the Liberals, they only care about the more fortunate in our society, leaving the battlers behind. Just wait for the upcoming budget. They would rather take money off pensioners and low income earners than tax the big miners and big business appropriately. Rather than adjusting the mining tax so it will raise the money it was originally intended to raise, they are scrapping it. The same goes for the carbon tax. Who is going to pay for the direct action plan, do you think?
    Anonymous
    9th Apr 2014
    1:11pm
    Well - let's look at 'free trade' - even IF the price of a car goes down - the States will see this as a massive loss of THEIR revenue - and they are crying poor all the time already. so they will simply sop up the 'excess liquidity' with more taxes on cars.

    Simple!
    Anonymous
    9th Apr 2014
    1:12pm
    It all comes down to who pays in the end - and that is ALWAYS Jo and Joe Bloggs.
    Baz1944
    9th Apr 2014
    1:16pm
    Kaye,
    Stop wingeing about the wealthy who pay taxes & create jobs that add to the tax revenue from which pensions are paid.

    The majority of voters in Australia, turfed out (& continue to be turf out) the disastrous Labor,Green hooligans who created a massive debt that the Lib,Nats have AGAIN, to clean up.

    It's about time Life Choices added a balanced commentator to counter your left wing drivel.
    W
    Tom Tank
    9th Apr 2014
    4:10pm
    If you think the wealthy pay taxes I am afraid you are sadly misinformed. As to creating jobs they only create a job that will increase their profit.
    Yes there are a few, sadly a very few, wealthy who put back in some of what they have taken out but I doubt if James and Gina are part of that group.
    Jen
    9th Apr 2014
    4:16pm
    Oh Baz, please! Massive debt? The Labor Government left Australia in the third best financial position of all countries in the world.

    Back to the corner!
    aquatrek
    9th Apr 2014
    4:25pm
    http://www.tradingeconomics.com/australia/government-budget

    there ya go Jen - set the graph to the earliest - 1979

    see all the big red dippy bits = ALP at play with your money
    see the blue rising curvey bits = LNP trying to fix it up again

    play with the parameters but dont go tearing your hair out, burning your bra or any such acts of frustration - these are the government figures
    professori_au
    9th Apr 2014
    8:55pm
    Do the rich pay their fair share of taxes. It appears to me that they seem to get all the tax breaks. Look at poor daddy packer who one time stated in his paper that he had not paid any personal tax. At that time he was declared Australia's richest man and he not paid personal tax. Not paying it implies no income? Come on how naïve is the public to believe that. He lived more than a "life of Reilly". Who did he sponge on?
    I don't care whether you are rich or poor as long as you are a straight shooter and have good ethics and principles
    moorlands
    10th Apr 2014
    11:00am
    Ah but professori, daddy packer did donate his money to good causes, didn't he lose $10 million gambling one night in Las Vegas? perhaps thats where his son got the ambition to fill the world with Packer owned casinos. Think of the benefits that will give the world, plus employing all those croupiers. One can only hope that daddy instilled in him his knowledge of the taxation system. Judging by the comments of his supporters on this forum I suspect that that knowledge is not confined to Packer and Reinhart.
    VC
    9th Apr 2014
    1:23pm
    "Interestingly, most political commentators view the early actions of the Abbott Government to have placed great strain on our relationship with Indonesia."

    "Most' political commentators,” can you prove that, or are you just referring to commentators from the ABC?

    So it's ok for the political commentators and people like yourself to pass comment and judgement on our politicians, buts it’s not ok for business men and women from the 'big end of town,' who have had the temerity to inherit their wealth to comment? I am surprised that you are not addressing us all as 'comrades' because that is the mindset behind your opinion.
    I would add that most unbiased political commentators regard the performance of the Rudd/Gillard/Rudd governments as the worst since the Whitlam government and it is going to take us years to undo the damage that they caused. Australia is going to need those people from the big end of town that you are so quick to denigrate.
    jamesmn
    9th Apr 2014
    1:55pm
    this is like the wonders of packer/Lindsay fox who are both liberal voters and throw money to the liberal party fox should be making his trucks roadworthy to be on the road if vic roads did a random check on his trucks a lot of them would be classed as UNROADWORTHY like the licence tester he had working for him you paid the tester a sum of money and he would pass you for their semi and b double licence the only thing Linfox repairs straight away are lights so as not to cause attention to his trucks anything else can wait and most of the time not repaired at all james
    raymondp
    9th Apr 2014
    2:24pm
    Two pigs at a trough, ripping you and me off for all they are worth. I hope they and the Liberals drown in their own mess.
    professori_au
    9th Apr 2014
    2:26pm
    N either Packer or any of the billionaire club have no more right to use their money to criticise those elected to carry out the Will of the People. As individuals they have a right to an opinion but that opinion should have no more validity than the lowest member of society.
    Their knowledge and experience can be put in the "pot" and considered by the electors if they consider it has merit.
    professori_au
    9th Apr 2014
    2:37pm
    I would agree with him that governments since Howard on have not done a very good job.
    In fact, I would go so far as to say that governments prior also did not do a good job. We are no longer governed by a de jure government but a foreign power. The de jure government is the Sovereign people of the commonwealth of Australia and the parliament is its servants. The corruption and collusion between vested interests has resulted in the high jacking of the lawful government and has allowed the political factions to sell us out to foreign interests. Our primary and secondary industries have been sold out to multi nationals. Our lands and resources have also been sold out to foreign interests. Parliaments have privatised our utilities and the profits are going to outside interests.
    A lot of these foreign interests have not only taken profits away from the country but some have not even paid their taxes to the ATO. This means that the Australian people have been exploited twice by the loss of resources, assets and moneys owed to the people.
    Patriot
    9th Apr 2014
    7:28pm
    Could not have formulated this any better myself.

    Criminals - Labor & LNP - ALL OF THEM!
    Aquarian
    9th Apr 2014
    2:37pm
    James Packer is spot on. I am in retirement and have watched the same political cycle all my life. ALP runs Oz into debt like an irresponsible family keeping everyone happy. Then the voters realise what is happening and install the Liberals. Then the voters get miffed because most funds are spent paying debts and getting Oz back on track instead of on their "needs". So they install the ALP again. And round and round we go !
    aquatrek
    9th Apr 2014
    2:45pm
    the 'facts' are: since federation those in governance have been quite simply 66% LNP [in one form or another] versus the ALP for the remainder. Approximately a 2/3 LNP to a 1/3 ALP. That mix is what has made Oz great and will continue to do so. The ALP/unions marriage is nearly over and is in its final death throws akin a crocodilian death roll. ALP arms and legs are being torn asunder and it aint pretty to watch but it does bring a crocodilian smile to my lips hehehe
    moorlands
    10th Apr 2014
    12:27pm
    Those figures are interesting Aqua, I didn't know that, that explains why Australia lags so far behind the rest of the developed world.
    jamesmn
    9th Apr 2014
    2:46pm
    packer throws money at the liberal party and does not have to pay the right amount of tax ans as for rhina rhienart she is under investigation at the moment for paying workers she cant find a job for Australians total rubbish and then they work over 80 hours a week for $16.00 a hour i'll bet you she does not pay time and 1/2 and double time and shift allowance and as for packer and his securiry guards thugs they thing the laws don't apply to them they bash who ever they want to and in most cases get away with it even bashing innocent people unconscious and get away because of who they work for money talks.??
    Paddles
    9th Apr 2014
    4:43pm
    jamesnolan

    If your nearly unintelligible rantings have even a grain of truth in them, then the Royal Commission into the union movement will have some additional spice as the scenario you postulate could only occur with the connivance of the mining unions.
    unicorn
    9th Apr 2014
    3:34pm
    Jamie sounds just like a spoilt brat would suit the Tony league.
    Kaye Fallick
    9th Apr 2014
    6:03pm
    comment removed for poor language and denigrating others

    9th Apr 2014
    3:36pm
    The Libs gave Packer Barangaroo, little wonder he's pro Abbott!
    Tante Chrissie
    9th Apr 2014
    4:25pm
    Does it really matter what James Packer thinks or says or does? I imagine his needs, wishes and challenges are very different from ours, but he still only has one vote, the same as we do!
    Paddles
    9th Apr 2014
    4:39pm
    Of course Mr Packer has every right to pass opinion on the past performance of Kevin Rudd and, happily, that opinion more or less coincided with the expressed opinion of the Australian electorate in the election of 2013.
    In 2016 Mr Abbott and his team will be subject to the same mass opinion.
    It's called democracy!!!!!
    Patriot
    9th Apr 2014
    7:32pm
    Sad that you interpret Australia to be governed by a Democratic process of voting.

    I ask you: "If the missus serves 3 deserts up for Sunday Lunch and, all three are laced with a deadly (but slightly different poison) would you eat any of it?
    SOME DEMOCRACY!!!
    wally
    9th Apr 2014
    6:02pm
    I see that the old politics of envy and class warfare has fired up the True Believers once more. So while the crusade against the Tall Poppies fires up, I can only wonder whether Mr. Packer's remarks about Kevin Rudd are valid or not. Some of our correspondents seem to think that a big gag should be placed over Packer's mouth because they do not what he had to say . Do they think that only the True Believers should be allowed to speak and be heard? They appear to have learned nothing from the examples set during the regimes of Joseph Stalin and Adolf Hitler regarding dissent to the existing party line.
    wally
    9th Apr 2014
    6:06pm
    I got so excited typing away that in line 5 I neglected to add the word "like" between the words "not" and "what". Sorry if I confused anyone.
    Gra
    10th Apr 2014
    9:35pm
    Wally by name, wally by nature.
    moorlands
    11th Apr 2014
    5:24pm
    Aw come on Gra give his parents some credit for their foresight when naming him Walter, they obviously spotted something.
    Nightshade
    9th Apr 2014
    7:22pm
    YESTERDAY'S BUSINESS HEIR JAMES PACKER :-
    YESTERDAY'S -
    ARE THE OPERATIVE WORDS HERE
    Nightshade
    9th Apr 2014
    7:43pm
    IS JAMES PACKER TRYING TO MAKE A BIG MAN OF HIMSELF ?
    WE ALL KNEW THAT OUR KEVIN WAS A DUD IN THE VERY BEGINNING !
    HOW LONG DID IT TAKE OUR JAMES TO WORK IT OUT ?
    ONE YEAR .../? - 2007
    TWO YEARS .../? - 2008
    THREE YEARS .../? - 2009
    FOUR YEARS .../? - 2010 ... HIS OWN PEOPLE GOT RID OF HIM
    ( and gave us a woman - this was real machismo man - everyone grew MAN hair on their chest that time )
    FIVE YEARS .../? - 2011
    SIX YEARS .../? - 2012
    SEVEN YEARS .../? - 2013 ... WE VOTED HIM OUT THIS TIME
    EIGHT YEARS .../? - 2014 Way to go James - well done BRAINS

    Oh .../!
    Oh .../!
    Oh .../!
    SILLY ME .... I get it now
    OUR JAMES PACKER, BIG HONCHO MONEY MAN IS TALKING UP OUR TONY ABBOTT
    WOW MAN - THAT IS SO DEEP OF HIM !
    THIS IS AN EDIT-OUT - definition - to prepare for publication or presentation, as by correcting, revising, or adapting.
    But why is it necessary .. is OUR TONY A CLUTS ?
    lindylou
    9th Apr 2014
    7:44pm
    I do not think Kaye is saying anything about political parties nor partisanship. Rather look at this from the point of view that, given Packer's presence in the forefront of media reporting, his opinions carry more weight with the public than others' opinions may. His influence as a businessman will impact on those who are swayed by power rather than logic. It is a case of responsibility, and his opinions are formed and based on commerce, not benefits to the population. Put in that context, he has the right to his opinion, and to share it, with the proviso that he considers his responsibilities to the nation that enabled him to amass his wealth and affluence. I do not care where he and others of his ilk received their money. I do care about abuses of the power it gives them.
    Jen
    10th Apr 2014
    8:28am
    Well said lindylou.
    moorlands
    10th Apr 2014
    9:24pm
    Right on lindylou, unfortunately those who call themselves Australian Republicans are the first to emulate the " Kiss your bum sir " of the obscenely rich that was part of the British class system.
    AlbertC
    9th Apr 2014
    8:12pm
    hey packs their is only one person taking good old aus backwards and that is you and your casinos so go home and roll around in your ill begot n gains and keep your trap shut. have a nice day
    Nightshade
    9th Apr 2014
    8:12pm
    Yesterday's GINA RINEHART -

    Has anyone read this article -
    www.hangthe bankers.com
    article:- 25 March 2014
    Australia's richest person Gina Rinehart receives welfare loan from U.S. taxpayers.
    Is it may imagination or what
    But is everyone going to benefit from this deal
    TO THE EXCLUSION OF AUSTRALIA ... /?
    Some have called this a very slippery deal -
    Why ?
    You see I do not believe that Gina Rinehart is RICH in the first place.
    Now she is applying for U.S. welfare at the taxpayers expense - dodgy or what ?
    Nightshade
    9th Apr 2014
    9:38pm
    IT HAS BEEN SAID THAT THE INVESTMENT MONIES BEGOT FOR GINA RINEHART'S "U.S. welfare deal "
    WERE AT ALL TIMES AVAILABLE & COULD HAVE BEEN BEGOTTEN IN AUSTRALIA SO THAT AUSTRALIA COULD BENEFIT.
    WE GOT CUT OUT OF THE DEAL COMPLETELY .../?
    professori_au
    9th Apr 2014
    9:27pm
    Aquatrek. Sorry to disappoint you. I am not a socialist described by many who believe in respecting the rights of others and believe those less fortunate than I are there to be exploited. I have suspicion Aquatrek some of the comments you make are only to try and stir the pot. It does you no credit
    professori_au
    9th Apr 2014
    9:35pm
    Clarification: I am not socialist described by many whose views are extremely socialistic but a person who believes in respecting the rights of others and believe those less fortunate than I are there to be exploited. I have suspicion Aquatrek some of the comments you make are only to try and stir the pot. There appears to be quite a few who do the same. It does you no credit and I for one will keep to my principles and continue to fight for the rights of those less fortunate against those who would exploit them. That does not require me to belong to any particular group philosophy but to be true to myself.
    Oars
    9th Apr 2014
    10:57pm
    Anyone who is half focused ( intreprets: UNBIASED) will see that Rudd and his millionaire mates looked after Rudd and family- hence his daughter's banking presence in Shanghai. The Indonesia thing is like trying to help a snarling dog. Feed it and it snarls more. Sorry guy- you've done it again trying to topple tall poppies 'cos yer jealous, and have no depth of you own. Packer has as much right ( and left) as anyone.
    devuman
    10th Apr 2014
    4:51am
    Nice try, Kaye. But your diatribe goes a wee bit too far when you assert "that they have the right to comment on behalf of the entire population". I don't remember Packer saying "and this is the opinion of the entire population".

    If you want to join the professionals of political comment, don't make such stupid and false assertions. Otherwise folk are entitled to dismiss your entire article as just a set-up from an amateur, wannabe political commentator.
    Anonymous
    10th Apr 2014
    10:47pm
    Why then are the wealthy elites comments spewed forth by the Corporate (foreign) Media, as being anything worth listening to. THAT is allowing them the "right to comment on behalf of the entire population" …. did you see an EQUAL representation for and on behalf of the 99.9% of the rest of the population, up there and alongside Packer's comment.

    No, you did not. We were once again FED the views of the wealth elite who have not earned a cent but inherited it AND who have never done anything for the good of Australia, except to fill their pockets and sate their avarice greed.
    devuman
    11th Apr 2014
    2:52am
    Ridiculous response. My original comment stands. Packer is a newsworthy person and his opinions are of interest in the public forum. Johnny Detergent (son of Joe Soap), the truck driver, isn't and his views are not.
    Kelvyn
    10th Apr 2014
    7:18am
    I absolutely agree with everything you have said. The most ludicrous is Gina's suggestion that the workers should be working for $2 an hour.
    Min
    10th Apr 2014
    7:51am
    Strange thing is I have heard several News reports and Bernie Rippold say the former Labor Government worked for TWO years on that deal with China that Tony Abbott is now taking all the credit for. As if anyone could negotiate such a deal in a couple of hours or months. Of course a rich once media mogul is going to say negative comments about the former Labor Prime Ministers just like the biased Press he is associated with.
    Drew
    10th Apr 2014
    9:50am
    There is certainly a strong debate taking place with different view points in the comments. I would just like to point our that any comments personally attacking other members will be taken down and may result in account suspensions. Play nice!
    wally
    10th Apr 2014
    12:56pm
    Hi Draw. Don't be a party pooper. Being allowed to "unleash your inner ratbag" is what makes this forum so much fun! It is rather theraputic to follow the example set by our parliamentarians.
    moorlands
    11th Apr 2014
    9:55pm
    I agree wally, but some of us on this forum are not on Sir Rupert's payroll, ???
    moorlands
    11th Apr 2014
    10:00pm
    Luchar,???
    jamesmn
    10th Apr 2014
    10:45am
    hey kelvin she wanted to pay $2.00 an hour but is paying $16.00 an hour still way below what she should be paying and then to add salt to injury says she can't find any Australian workers so brings them in from 2nd world countries $16.00 a hour would be a lot for them but she still gets away with under paying her workers the right wage the government wont stop her because she throws money to the liberal party like a slush fund to shut them up

    10th Apr 2014
    12:31pm
    The same people who complain about foreigners investing in Australia complain when Australians do successfully.
    Anonymous
    10th Apr 2014
    12:35pm
    As far as Rudd taking our relations with other countries backwards , Carr who would be in a position to know agrees .
    Polly Esther
    10th Apr 2014
    12:44pm
    Free Country ! Free speech ! No matter who !
    Let's thank our lucky stars we don't live in say, North Korea e.g.
    Let's hope free speech continues in our great free Country, otherwise this comments page will cease to be.

    10th Apr 2014
    1:13pm
    For a site that claims 75,000 readers and assuming the readership follows on average the voting pattern of the community . There must be an awful lot of silent readers who object to the labor/ green bias in the editorials .let alone the advertisers who pay the bills.
    devuman
    11th Apr 2014
    3:00am
    Don't worry Pete, let them play. The only real test is at the polls and we know who has the majority there......
    geebee
    12th Apr 2014
    10:13am
    Well said Pete, interesting that the advert below the original post was for a website called 'Australian Stocks to Buy'. I guess they won't get too many hits from those readers who object to people making money!
    Anonymous
    13th Apr 2014
    8:43am
    Kaye Fallick is the publisher of this magazine and website is a contributor to business women's network where fellow entrepreneurs encourage each other with ideas to grow their businesses and good on her .
    But it does seem contradictory that in her editorials where she promotes criticism of the current govt yet questions other entrepreneurs the right to do the same about the previous govt .
    Bebe
    10th Apr 2014
    3:02pm
    Wealth has got nothing to do with it. It is a matter of freedom of speech. I think the people of Australia showed at the last election what they thought of The Labour Govt. It isn't rocket science!
    Jen
    12th Apr 2014
    10:44am
    Correct. And it won't be rocket science when we show the LNP what we think of their "government" next election.
    moorlands
    10th Apr 2014
    4:58pm
    Luchar and your fellow brainwashed, yes this is all about ENVY, I am envious of Bill Gates, I believe he is the richest man in the world? I am envious that I do not have the wealth to set up charities for the starving and underprivileged that he and his wife have done. Whereas the ENVY of the Packers and Reinhardt ( Reinhart battling to stop her children from sharing in that obscene wealth) is that they are ENVIOUS of Bill Gates title as the "Richest man in the world " and they have no intention of sharing, even as far as paying their fair share of taxes. Believe me after the second million it is not a case of NEED , it is a case of GREED.
    wally
    10th Apr 2014
    5:31pm
    Attn: to those who wish to gag rich people. It appears that a distinguished former NSW Premier and former Labor Foreign Minister in the Gillard government, one Bob Carr, has released his "Diary". In this book Bob Carr shares with us his memories as foreign minister. He appears to be rather dismissive, if not scathing, of his ministerial colleagues Kevin Rudd and Julia Gillard and is not backward in pointing out their shortcomings and deficiencies.
    So it seems that even Labor Party office bearers do not look upon these two legendary icons (or should that be iconic legends?) of the Labor Party with the reverence some of my fellow contributors believe is their due.
    moorlands
    10th Apr 2014
    8:51pm
    Hi wally, you have been very selective in your examples, Carr was scathing of politics in general regardless of Labour or Liberal, especially his being gagged on the Israeli Problem, ( I am old enough to remember when it was called world wide as the Jewish Problem) English soldiers were being killed by those that in those days were called terrorists.I am not pretending as you seem to be that we in Australia are masters of our own destiny devoid of outside domination.

    10th Apr 2014
    10:12pm
    OKAY…. tell me, when a wealthy elite's views and comments are splurged and spewed forth in the Corporate Media as if their views are sacrosanct…. how does it then become Labor bias for allowing US the ORDINARY people of Australia an opportunity to comment and give our own views.

    Is it because it is embarrassing to know that our Corporate Media (Murdoch being best mates with Packer and all) presents these wealthy parasites on society as being VALID and worth listening to.

    The fact that anything said by billionaires and mega corporations is PURE SELF INTEREST propaganda - ensuring that they make more and more money for themselves and couldn't give a damn about Australia per se, "FEEDING" more frequently from the trough of privilege, being their main concern.

    You can't even say that the two parasites on society, shown above, even earned their money through intelligence and ability… no, they did not, most of their wealth and privilege came from inheritance. Gina has progressed further because of her ruthless greed. With money she was able to employ people with sufficient intelligence and ability to feed her avarice appetite.

    The problem with these billionaires and mega corporations is that they USE their wealth and power to short circuit our DEMOCRATIC processes, to control our commercial media and feed us propaganda.

    If you do not agree, tell me…. would you vote for a tax that is hugely beneficial to the pockets of the wealthy elite but takes vast sums from the average and disadvantaged Australian, then have the money collected from the purses of the average and disadvantaged Australian, GIVEN to PRIVATE schools and PRIVATE health, so that the children of the wealthy can have a 'better' education and health care.

    At the same time the PUBLIC schools and PUBLIC health care are run down, so that the people who pay the most, get even less for their kids and their health.

    Well, Kerry Packer, who did not agree with ANY TAX on his wealth…. made a public statement declaring that Australia NEEDED a NEW TAX and that it was good for the nation…. yes, this despicable and inequitable tax was the GST.

    So, was Kerry Packer interested in the good of Australia and Australians….. not at all! Only interested in his own pocket. The rest of them are no different.
    wally
    11th Apr 2014
    1:26am
    Hi Musso. I find it interesting that you do not like the comments made by rich people like Jaimie Packer because he is a rich *********. Frankly I am not impressed by the remarks people like the actress Cate Blanchet and actors like Brian Brown, John Howard and Jack Thompson make either. People in the acting profession earn a living pretending to be what they are not in real life. So why should the public swallow the pronouncements they make in support of their pet political causes any more than we should believe what they say to endorse products in tv commercials?
    Instead of running around putting gags on public figures who spout opinions we do not like, I suggest putting our fingers in to our ears and closing our eyes against opinions we find unwelcome. It's a lot easier and more democratic. Or like me, you can "bag" the Hell out of them!
    devuman
    11th Apr 2014
    3:04am
    Good point, Wally - more strength to your bow!
    Anonymous
    14th Apr 2014
    1:18am
    You obviously missed my comment at the very top:

    "Everyone has a right to an opinion… yes, BUT when that opinion, wealth and power are used to subvert our democratic system then it becomes more than mere opinion"

    However, Wally IF YOU think that wealth and power should be allowed to get preferential treatment by allowing them greater media access and CONTROL…. I am sure they appreciate that yet another PROLE is backing their efforts to get THEIR SNOUTS in the trough and ensuring that there is little left for the rest of us!
    roccy
    11th Apr 2014
    10:40am
    Everyone is entitled to their opinion, but for people like the packers and murdouchs of the world because they have a media platform and because of their standing in the comunity is pure arrorgance, they are just worried how the government policies will impact on their own buisiness interests,I am sure if they were to run the country the rich would get richer and the poor would be downtrodden, sure they give to charities, that is just a tax dodge and maybe a publicity tactic. just remember their billions have come from the pockets of the downtrodden like you and me as well as the rich, just remember I am only having my opinion on this platform that does not reach everyone, :) PS Iam not against people becomming rich through hard work, but casinos!!!! whoes pockets, just saying
    moorlands
    11th Apr 2014
    10:42am
    Kaye, if you had not drawn attention to Packers comment no-one would have heard of it, or if they did hear it they would have shrugged it off as the usual one sided inane comments that one hears from the Packers, Reinharts, Bolts, Abbotts, Australian newspaper columnists, etc.

    Intelligent people pay attention to Australia's reputation in the rest of the world, an example is when Swann was voted "Best Treasurer in the World "by the Worlds leading financiers. Investors confidence in Australia was so high under a Labour Government that they flooded the country with Investment, the direct opposite of what is happening under the Liberals, a consequence of which is the tumbling dollar, which is my personal gripe as we spend a great deal of our time overseas.
    Kaye Fallick
    11th Apr 2014
    3:55pm
    Hi Moorlands,
    thanks for your thoughts. Just a note, the opinion of Mr Packer made front page news, so i do think i was not the only person highlighting his thoughts. On reflection, my question should not have been whether he should have the right to make these comments - of course he should. But more to the point, did he misuse his position as a member of a government trade delegation to comment on foreign affairs and the former PM? What do you think?
    moorlands
    11th Apr 2014
    5:32pm
    I think that he is abusing his position of privilege which is being accorded to him by those who although they despise the English class system are quite comfortable with the Australian class system.
    Anonymous
    12th Apr 2014
    12:12pm
    Mr Packers company is a large investor in China and was one of six hundred business people on the successful team Australia trade delegation to China. If he has an opinion on any govt actions he has the right to express it .
    Why the need to attack successful Australian business people who are investing in Australia and creating wealth whilst at the same time attacking foreign investors is beyond me.it is just the normal discredited left ideology promoted on this site. Which insults the intelligence of its readers .
    I presume this post will be edited out as all critisim seems to be.
    moorlands
    12th Apr 2014
    11:58pm
    No Pete, I do not think your opinion will be edited out, but I wish you and your kind would stop using the term "Left " as if it is some form of disease , most of the worlds oppressive and murderous regimes have and to this day are to the "Right " . Packers investment in China is to be( as I understand it, correct me if I am wrong) is in the form of Casinos. which I can not see benefiting any other than his personal wealth?
    Anonymous
    13th Apr 2014
    7:53am
    The communists are of the left as were theFascists and NAZIS and ism that promotes big govt as against individualism is of the left .
    The left have slaughtered millions they are also destroyers of wealth . Weath is created by entrepeneurs not Governments .
    If Ausralians. Are successful both here and overseas I creating business that employ and pay taxes they should be admired not have to suffer the peculiar Australian tall poppy syndrome .
    Anonymous
    14th Apr 2014
    1:55am
    Pete
    That is PURE DRIVEL….. Fascists are the 'left'… wash your mouth out, all good fascists would be after your blood for the faux par.

    Whoa there Pete, that sort of ideology is ANCIENT and is inept and doesn't apply to todays age.

    Just look at the USA…… it has a government that is CONTROLLED by wealthy CORPORATIONS which means extremely wealthy investors …. it is called a "corporatocracy" look it up on Wikipedia.

    These corporations have ONE mantra…. make as much money as possible by any means!

    They have NO morals or ETHICS and don't give a damn about HUMANITY.

    So, what you are saying is that these MONSTROSITIES should CONTROL COUNTRIES and NOT the people.

    Nothing to do with "tall poppy syndrome" what a bloody joke that is. These people EXTRACT and put NOTHING BACK. All you have to do is look at the USA which is currently on it knees:

    1. This country which is CONTROLLED by MEGA CORPORATIONS has murdered many more people than the lefties you speak of…. to name a few …. dropping TWO, not one, but two nuclear bombs on two different Japanese cities AFTER they had surrendered but wanted to discuss the terms of their surrender; Vietnam where they raised a 'false flag' and used CHEMICAL WEAPONS on people who are still birthing deformed children because of this chemical… millions upon millions were slaughtered because the CORPORATE CONTROLLED USA wanted their 'goodies'; ILLEGAL invasions IRAQ; fanatical nutters - Al Qaeda cells were funded and militarily supported by the USA to take over Libya (successful - country now a basket case); ditto for Syria but China and Russia stepped in to stop that fiasco. ALL THESE ENDEAVOURS WERE TO SECURE gold, oil, oil sold in US$…. to STEAL another countries wealth.
    2. The wealthy (1%) in the USA own 90% of all the wealth whilst 99% own of the people own 10% of the wealth which means:
    a) Ever widening SLUMS, people living with rats and cockroaches
    b) Poverty increasing exponentially
    c) PUBLIC education a joke
    d) PUBLIC health to die for
    e) INFRASTUCTURE falling apart, except in wealth areas
    f) Legal processes falling apart…. a very wealthy man raped his 5year old child BUT the judge did not even sentence him to gaol but let him go on the basis that a person of his standing would not survive gaol. Damn right….. the rest of the gaol population would not put up with an ANIMAL that rapes his 5year old child BUT the judge even refused to put him in solitary confinement!! Hence, the RULE of LAW (that all are equal before it has all but disappeared)
    g) Right to a trial (habeas corpus) does not exist when a person is charged under new legislation signed on the 1/1/12. A person on the street can be 'black bagged' and never seen again…. given the USA's pensive for Torture which is approved at the highest level… you probably wouldn't live long either

    Effectively, it is becoming a BASKET CASE…. ALL BECAUSE it allowed CORRUPT CORPORATIONS to run a country… men in shadows WHO have never been elected by the people, RUNNING THE SHOW.

    So, according to you PETE, this is OKAY.

    MEGA CORPORATIONS, that have more annual income than some whole countries are totally 'out of control' and are now forcing countries down the (right wing) road of FASCISM, ensuring the people have no say in what happens around the world.

    It is NOT small and medium businesses….. THEY contribute to a COUNTRY.

    It is the MEGA CORPORATIONS and the EXCESSIVELY WEALTHY individuals that DESTROY fairness, justice and DEMOCRACY wherever they go, simply BECAUSE it is NOT possible for them to accrue such wealth AND have fairness, justice and democracy. All THEY (a handful of people) do, is ensure that THEY enjoy the fruits of this world, with little regard to the many that are living in poverty and starving….. all the 'goodies' have been stolen and there is nothing left for the people.

    Australia is now fatted up nicely (best economy in the world under Rudd), ready for these VAMPIRES to start "FEEDING".
    geebee
    11th Apr 2014
    6:56pm
    Yeah, I reckon that people like Craig Thompson, Williamson, Rudd and even the ever-so knowledgeable Bob Carr should have gone on this trip instead of our successful industry leaders. Craig could have had a ball with his credit card over there, Kev could have caused more cringing among the Chinese with his (very) poorly spoken Mandarin and Bob may have even been given PJ's and a meal without MSG. OF COURSE someone like Packer has a right to express an opinion, he would make more pertinent and educated opinions than any I've seen here!! But he's rich so, in the opinion of the contributors (and 'journalist') here, he must be evil. Get real people!!
    moorlands
    11th Apr 2014
    8:05pm
    Get Real? geebee, Time for your brain shampoo, many of your supposed "lefties "protesting against your "lefties "corruption, have stood up. But when it comes to "Rightists" corruption then listen to the absolute silence from the likes of Abbott and yourselves, corruption is corruption and Politicians and their associates are the masters of it .
    Ritza
    11th Apr 2014
    7:17pm
    In Australia money talks!
    rumbo
    12th Apr 2014
    10:54am
    This country is in a mess. Manufacturing has been priced out and social welfare is hear to stay. Thanks to ..I wont mention. Not in my time but I believe there wont be a Government pension. They wont have the money and you can only push so far increasing taxes. Liberal Federal Governments have always had as first priority, clear the Labour debt. In this case the debt the Rudd and Gillard Government left this Nation will not ever be cleared. There is no accountability, just walk away. This time it's not 20 billion, just for a figure, but 100's of billions. With respect to James Packer, he hit the nail on the head. Forget his billions, more to the point he understands that if you earn a dollar and spend one dollar and one cent you go broke.
    geebee
    12th Apr 2014
    11:19am
    Well said Rumbo, you could not have explained it more simply. However I'm sure quite a few of the contributors above can't, or will not, understand these basic truths and logic.
    Jen
    12th Apr 2014
    12:42pm
    Yes, simple and basic, Rumbo. But in reality, it's just not that simple and basic. They're not running a corner store, they're running a country which, in turn, is part of a global market. There are very good reasons for countries to borrow money and if you check, you'll find Australia's debt per head of population, is extremely low. Thanks to Labor, who brought us through the GFC unscathed, unlike elsewhere. It's just silly and childish to forsake life as we know it to gain a surplus. And that's what's happening, if you're keeping your eyes open. It's not the politicians, Packers and Reinharts who're losing out in order for this to happen, it's those who can least afford it.
    geebee
    12th Apr 2014
    1:25pm
    Jen, You start with the simple and basic principles whether you run a corner store or the World Bank - you can only spend what you have, there is a finite number here. The much bandied rhetoric of 'Labor bringing us through the GFC unscathed' seems to be a self-perpetuating urban myth. Would the country be in the current predicament if this were true? Perhaps the myth was instigated by someone who studied economics at a different uni than I, because I can't see how rational people, with even a basic understanding of economics, could believe this.
    Jen
    12th Apr 2014
    1:48pm
    That's just it geebee. We're not in a "predicament." We're doing just fine. You've been believing all the Murdoch propaganda and the Abbott fear-mongering.
    geebee
    13th Apr 2014
    8:02am
    Jen, in which 'propaganda' do you believe?. As a self-funded retiree managing my own 'economy' and having worked for many years in the discipline of economics, I make my own informed assessments of the country's economic position and predicament (I, unlike many above, do not just believe what the 'party', union boss or anyone else tells me to believe, nor do I believe that any other opinion is somehow a sinister plot). Back to the main point of the article, I'm certain that people like Packer have a much better understanding of economic issues then we and should be able to offer opinions without being demonised by all of the 'old guard' socialists just because he has wealth. And, really, what do Gina Reinhart and Murdoch have to do with the article?. It seems that some take any opportunity to engage in 'rich people' bashing.
    Jen
    13th Apr 2014
    9:25am
    Yes, and there are economists and there are economists. Not so long ago, the world's leading credit agencies told us we had the world's best treasurer. Now we have the world's worst. Yet they were both apparently the best their party had to offer.

    I don't think it's a matter of "rich people bashing" - more that some high flyers think their opinion's worth far more than anyone else's. And "some" believe it.
    moorlands
    13th Apr 2014
    11:11am
    geebee, just curious, did you ever have a mortgage? or did you live in your car so that you could use your money to shout beers for your mates?
    geebee
    13th Apr 2014
    12:08pm
    Yes Jen, there are economists and there are economists, but there are also non-economists who think they are. The comments about 'world's best treasurer are very much misrepresented. Are you familiar with the lyrics of Paul Simon? ; "all lies and jest 'til a man hears what he wants to hear and disregards the rest" (The Boxer) Yes Moorlands, I have had mortgages and yes I struggled financially with that and raising kids while working up to 3 jobs at some stages. But no, I didn't live in a car and would rather have paid rent then shout beers for my mates if I was that desperate. Sounds like you treat it as some sort of badge of honour to be 'down and out'.
    moorlands
    13th Apr 2014
    1:27pm
    Just pointing out Abbots policy, no debt so that he can hand out money to his mates.
    Jen
    13th Apr 2014
    3:09pm
    It just went "whoosh!"

    Geebee, so the world's leading credit agencies are non-economists to you? Clearly you think they know far less than you do??
    moorlands
    13th Apr 2014
    4:21pm
    Yes Jen, the"whoosh " is when the the example that I was trying to get across went straight over geebees head. Abbotts policy is that Australia has no borrowed debt, but instead has a surplus so that he can cut taxes and give handouts to the top end of town as in the case of the Packers and Reinharts of Australia, in the meantime Australia lags even further behind the developed world than it now does! As for "Down and Out" Abbotts policy is to make that a badge of shame, inasmuch as receiving any support should be accompanied by the doffing of the cap to Abbotts future Knights and Dames. Strange that geebee does not know that the USA,s National Debt compared to their GDP is the highest in the world, geebee being an economist and all, perhaps as he says he derives his knowledge from pop songs.
    Jen
    13th Apr 2014
    4:44pm
    :D The worry is, how many people do - pop songs and three word slogans.
    Anonymous
    13th Apr 2014
    5:31pm
    It seems that the idea of reducing the size of Govt and reducing taxs even to the extent of moving the lowest paid off the tax system altogether and reducing company tax . Is working in the UK .
    The idea of increasing govt debt and taxs and larger govt is not working in France.
    The UK has a Conservative/liberal govt France has a socialist govt.
    Eventually socialists run out of other peoples money.
    moorlands
    13th Apr 2014
    7:09pm
    Pete, you have a strange way of thinking. The wealth of any country including Australia belongs to the collective population of that country, over time the greedy via Liberal Governments have transferred it to their own pockets. Who decreed that the wealth of Western Australia should belong to Gina Rinehart, maybe it belongs to the(sic) Muralingba tribe, who gave it to her father? " Socialists running out of other peoples money " now Abbot will ensure that socialists never get hold of Australia's wealth.
    Anonymous
    13th Apr 2014
    8:44pm
    What wealth does Gina rhinehart have she purely has an interest in a company that is investing in Australia creating jobs paying taxes if it works then she will be rewarded . Just like Twiggy . Don't you want Australians investing in Australia. Do you want all the investment we need to come from Canadian pensions funds or Chinese savers or Belgium dentists.
    moorlands
    13th Apr 2014
    9:44pm
    Pete, after my second glass of red I think it is time for bed, after reading your latest post about Canadian dentists I think maybe you should have accompanied Abbott on his Asian tour or perhaps you should also go to bed.
    Anonymous
    14th Apr 2014
    2:15am
    Gina Rinehart "has an interest" in the company…. Don't be naive Pete. She has a CONTROLLING share of the company. The float to the public is merely to get money on the CHEAP…. better than a heavy loan…. These people, ensure they or their representatives remain on the board and control the board.

    Besides, it was Rinehart that suggested that Australian's should earn no more than $2 an hour. She is also the one that doesn't want to employ Australians and brings in HER workers from overseas and is currently being rapped over the knuckles because she is not paying the lowest pay level in Australia. Another good way of ripping money back from these poor people with their 457 visas, is to pay them say $600 a week and then take back $300 for rental accommodation (10 people to a room in a very cheap house), so they only pay $300 to these overseas workers, instead of $1500 to an Australian worker. Then you have the FACT that lovely Gina, sends all her mining requirements overseas and doesn't even promote the Australian small industries that have popped up to support mining.

    So, then Pete…. PROFITS usually goes OVERSEAS; Australian Workers are minimal; Australian industry squeezed out; the cost of the mining leases is a complete JOKE (1000 hectares would cost about $16200); Royalties to Aust. Govt. pathetically low; the Australian people heftily subsidise their power and pay for their water; they pay little or no tax; and they are trying to remove the mining tax on SUPER profits.

    These are OUR minerals and resources BUT we get very little benefit from them. Mining in Australia is in a frenzy, so this bulldust about it slowing down is a complete firfy…. it is simply that the amount that Australia and the Australian people are getting out of it is MINIMAL.

    So Pete, my view is that you can stick your sycophantic concept of Gina and all the other Foreign Mining Corporations and magnates, where your mother would never kiss you.
    geebee
    14th Apr 2014
    1:08pm
    I think some real misconceptions, and selective quoting, need to be addressed here, but like with everything else, the 'blinkered' will not see anything other than what suits their political bias. . Jen, 'world's leading credit agencies' ??, 'Swan called world's greatest treasurer"??. Never let reality get in the way of a good story,eh?. Fact: an award was made 3 years ago by a somewhat obscure publication called Euromoney, hardly what I, or others more knowledgeable than I would call ' a world leading credit agency'. The term 'world's greatest treasurer' was never mentioned. My understanding is that it was a tongue in cheek reference in Australian media to Keating being called that by Hawke. Part of the write up was along the lines of .."Swan has undoubtedly been blessed with a number of advantages, incl. inheriting a sound economy and the natural resources bounty...." (but I don't hear the contributors above saying well done Peter or well done Gina). Now as you say, I would be far from being the world's best economist, but here are some quotes (as I remember) from a couple of leading Australian economists about this 'award'. Michael Knox, Chief Economist at ABN AMRO Morgans - " I see W.Swan has now achieved the same standard as Paul Keating. This now significantly reduces my opinion of P Keating" and Saul Eslake (Grattan Institute) " good finance ministers and treasurers have been pretty thin on the ground in recent years in the western world, particularly in comparison to Peter Costello". When the OECD produces the next economic comparisons I think we will see a different picture because of the residual effect of Swan on our GDP., but then it will all be the fault of the Abbott government, won't it?.
    Anonymous
    14th Apr 2014
    3:08pm
    Moorlands how do you suggest we develop that potential wealth into real wealth. The US was developed by UK capital being invested for a return . China was brought out of poverty by western capital being invested . As countries mature and develop their own capital it flows to the next opportunity . This is how the world has grown. Entrepreneurs are much better than govt at spotting opportunities .
    This is called the Free Market .
    Is capitalism perfect no but it is far better at lifting the world out of poverty than any other system yet tried .
    Anonymous
    14th Apr 2014
    3:13pm
    An interesting discussion is does capitalism need democracy . I think the answer is no just look at China . But I think it works better with known laws and without corruption and anti monopoly legislation which are all more easily applied under a democracy.
    moorlands
    16th Apr 2014
    10:29am
    Have to agree with your opinion in your last sentence geebee. When Australia regains "Third World Status " it will be Abbotts fault.
    professori_au
    13th Apr 2014
    5:43pm
    if we are doing so badly, ask yourself why Australia has contribute to bank bailouts
    Why has or so called governments have large sums of moneys held in accounts in foreign countries.
    A question I would like to know is why has it been necessary this money in overseas accounts.
    The question should be answered from the top Federal government through the State government, down to these registered corporations calling themselves councils. there is a lot of money held in these various accounts and the information is not available to the public. Why? Because they are registered trading corporations and do not have to provide the same level of transparency as a government department. Don't take my word for it. Ask the corporations wherever you live to provide information about what is held in investment accounts. You may be told that is commercial and confidential as I have been told.
    MiningMagnet
    14th Apr 2014
    4:25pm
    One of the real joys in life is political commentating done by the owners of inherited wealth - sharing their wisdom, insight and compassion with the common man.......it just brings tears to my eyes....'it might only be an opinion, but let's not forget whose opinion it is'....hahahaha
    This venal, visibly self-serving little rant is well timed tho' to take focus away from yet another bleak failure in international affairs by TA and the Libs - that would be the FTA(not) with Japan, yes folks, the same FTA that imposes tariffs on the aussie farmers but which excuses Japanese farmers from the same tariffs....hahaha ....for the next many, many years ...hahahahaha....free trade only for Japan, even those inside the Libs can't believe the magnitude of the sellout ...hahahaha. One thing the Libs do well tho' - they know how to keep the really bad news a secret, just ask the pensioners, oops hang on, that would be us...hahahahah..... And yes we are being taken to court by signatories to existing FTA's because Australian food quality laws 'place an unreasonable impediment to access to aussie markets'....and yes we may actually lose the right to regulate the quality of food sold in our own country....well done to our leaders of both stripes.....hahahaha
    However, I shouldn't laugh too loudly, it's not nice - after all James has actually lost more money than his old man made....curiously enough, a feature of his business acumen he shares with Gina.....so much for 'movers and shakers' and 'knowledge and insight into what it takes to run a successful business.....good thing they were on hand to advise our leaders in how business works...hahahahahaha
    I think GR & JP's understanding of what it takes to run a successful business is limited to...'just inherit one'....hahahahahah
    As the saying goes.......'the best way to own a $20billion business is to inherit a $60billion one and have a play....hahahahah
    Really though, James is simply duplicating his father in attempting to influence an outcome. KP went on TV (his own, was it Ray Martin ?) and anointed JH as the next PM of Australia....'I think he would make a good PM'....I think were the words...a message to all and sundry that no further non-supportive discussion of JH would be countenanced in his press.....and golly-gee sarge that's just what happened.....
    It's very revealing to see the 'ABC bias' flag run out on a regular basis by the sycophants of the right. They choose to ignore the Murdoch press' dissembling apologists as they desperately try to spin chaos and panic into 'careful policy and navy operational secrets' ...and then.. lapdog diplomacy as 'another wonderful opportunity for australia'.....
    Clearly, asking questions (pretty much any question actually) that embarrass the right is obvious proof of a left-wing bias....hahahahah
    I am eagerly awaiting a 'viewpoint' from GR or JP on 'asset recycling'...perhaps they will be against it believing it to be some kind of greenie recycling plot....hahahaha
    When the wealthy cannot compete in the market they buy political influence (an historic medium of exchange..!!)to change market rules. Fact. Just have a look at events behind the GFC....or did the unions/communists/socialists cause that too....hahahahaha
    This practice has been an integral part of 'democracy', 'communism', 'socialism' and 'capitalism' ever since the '..isms' have been discussed....in fact one suspects it has always been thus....... that the privileged will pursue, not competition for success, but the far easier path of engaging further privilege to give advantage in order to succeed
    It's just a little sad that the 'paid opinion lobby' support this dreadful behaviour.
    Ah well, they do say that ..'the servants of the great think themselves great - and the great don't think of them at all...'
    geebee
    14th Apr 2014
    8:27pm
    Well shoot Mining Magnate, it's great to see that you are utilising 'medications' you can buy on the tax payer funded subsidies (or perhaps 'other' sources?). So, how are things in LaLa land these days? Or perhaps you have stopped taking your prescribed meds altogether???
    moorlands
    16th Apr 2014
    10:18am
    Forget the Right Wing apologists MM, that was great and truthful reading.
    moorlands
    17th Apr 2014
    8:31pm
    Just signed on 17th, unfortunate that geebee because of rational argument has resorted to typical 'Right Wing "abuse. It seems he has personal knowledge of "Nurse " administering medicines?
    unicorn
    8th Aug 2014
    4:40pm
    Abboy sure is open for business as long as either he or some other rich person dies well out of it.


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