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The Turnbull Government

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LOL!

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SirRumpole said:
Barnaby has been very restrained, he hasn't had any OS travel to study overseas agricultural practices like wine growing or caviar production. :rolleyes:
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He's been sent offshore to remove him from the battle that is about to start in earnest. His head is too easily turned to be counted as loyal to Turnbull.

Malcolm is about to have a number done on him if he doesn't move decisively to cut Tony off.
 
Tisme said:
Malcolm is about to have a number done on him if he doesn't move decisively to cut Tony off.
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How much support has Abbott actually got in the party ? He's making a lot of noise but I don't see a lot of Lib people publicly supporting him. He's another Rudd, but without Rudd's brains imo.
 
SirRumpole said:
How much support has Abbott actually got in the party ? He's making a lot of noise but I don't see a lot of Lib people publicly supporting him. He's another Rudd, but without Rudd's brains imo.
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He has enough to cause a major division and hand govt to Labor so he can then put the vacuum cleaner through the ranks to clean out the Menzies liberals (socialists these days).
 
Ok so Abbott wants to repeat history?

As in... retake the opposition leadership (like last time), retake Govt off Labor (like last time), repeat his dismality as the Lone Ranger PM (like last time) by throwing around his own horse manure as well as whinging about the stench? Like last time?

Or am I missing something? It was Abbott who burned all their political capital in less than a year because he is everything that was bad about the Liberal Party as demonstrated in the 2014 budget.

It's time for the Libs to drop the barnacles - ditch Abbott, Abetz, Dutton and let them buzz off to the Cory Tory party where they belong :2twocents:2twocents < ooh look, money!
 
Turnbull Govt is opening the gates again to foreign green prawns after they wiped out the SE Qld prawn, crab, etc industry: Post from affected party East Coast Live Bait company:

WHITESPOT - PLEASE HELP US OUT AND SHARE THIS POST

Attended a senate hearing today and was informed that as of 6 July the importation of raw prawns from whitespot infected countries were going to be allowed back into Australia to be sold to the public. Their plan to stop these prawns being used as bait in our waterways was education. These raw prawns will be able to be sold anywhere they have no zone that they need to stay in.

It is believed that this was how whitespot was introduced into Moreton Bay. Whitespot has destroyed our local businesses. Bloodwormers, prawners, crabbers have lost more than half of their normal trade by not being able to sell their products outside of the movement control zone, no compensation has been given to any of us, seven day working weeks are now down to two and people have lost their jobs out of it. It has been decided that as long as China or Vietnam's local government give a permit stating the prawns are whitespot free then that is good enough for them. It's great that the government care more about the people that live in other countries then they do about their own citizens.

We were told that the our bloodworm industry is small, which it may be, but we all have families, we all have to live too, we may be small but should that mean that we should not be heard, that no longer having an income doesn't really matter. The import trade from other countries may be big but this does not mean that they are more important then a single Australian citizen.

So please let our small industry be heard and share this post for us. Have your friends share this post. Let's show them how small the fishing industry really is. If we cannot move our live/raw product from a whitespot zone then there is no way that Australia should accept imported raw product from another country. This is why we are in this mess.
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SirRumpole said:
What the Turnbull government is afraid of telling us, and doesn't want to do anything about.


"From the head of the finance industry in Australia, you would say there are alarm bells. People just don't have enough discretionary income."

http://www.abc.net.au/news/2017-06-29/rba-governor-philip-lowe-goes-marxist/8662228
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Why, because they borrowed too much, to buy a house?
Begs the question, would you have done it, or would you have bought where you could afford?
It just shows how silly our generation was, by living within its means, we should have all bought on Sydney Harbour.
Then we could have screamed about the amount of debt we have, and how hard it is.
The problem is, back then, you would have been told to "suck it up princess" your a bloody idiot.
 
sptrawler said:
It just shows how silly our generation was, by living within its means, we should have all bought on Sydney Harbour.
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Buying a house fifty years ago was much easier then than it is now, on the east coast anyway.

Swiping away the home affordability with glib comments like "get a better job" just doesn't cut it. Home affordability is a real issue being fed by government policy; negative gearing, capital gains tax concessions and high immigration. It's an election issue that more than anything else could cause Turnbull's downfall and serves him right if he fails to address it.
 
SirRumpole said:
Buying a house fifty years ago was much easier then than it is now, on the east coast anyway.

Swiping away the home affordability with glib comments like "get a better job" just doesn't cut it. Home affordability is a real issue being fed by government policy; negative gearing, capital gains tax concessions and high immigration. It's an election issue that more than anything else could cause Turnbull's downfall and serves him right if he fails to address it.
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It wasn't easier to buy a house 50 years ago, back then you couldn't get the money, unless you had 25% deposit. Then you had to go hat in hand to the bank.
My parents didn't get into their first house, until they were in their 40's.
I don't say, get a better job, I would say look to an area you can afford.
When you were young could you afford inner Sydney? I know I couldn't afford inner Perth, only the extreme outer suburbs.
Like I've said before, my first house was 'jinkered' and re stumped, then fixed up and re sold.
It's all good and well to say how hard it is for the younger generation, I really don't see them doing it too hard. Let's not get too hard, confused with, too hard to meet their expectations.
Maybe I'm out of touch.
Or maybe everyone else just wants to be benevolent, the problem with that is, someones got to pay for it.
 
sptrawler said:
It wasn't easier to buy a house 50 years ago, back then you couldn't get the money, unless you had 25% deposit. Then you had to go hat in hand to the bank.
My parents didn't get into their first house, until they were in their 40's.
I don't say, get a better job, I would say look to an area you can afford.
When you were young could you afford inner Sydney? I know I couldn't afford inner Perth, only the extreme outer suburbs.
Like I've said before, my first house was 'jinkered' and re stumped, then fixed up and re sold.
It's all good and well to say how hard it is for the younger generation, I really don't see them doing it too hard.
Maybe I'm out of touch.
Or maybe everyone else just wants to be benevolent, the problem with that is, someones got to pay for it.
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My parents could afford a house on one income (just), in Sydney's Hills district, but it wasn't a palace and there weren't a load of foreign investors and rent seekers around then.

I think you probably are out of touch, living in the West where housing affordability is not an issue. I'm currently living in regional NSW and it's cheaper out here but the job opportunities aren't that great for the younger generation which is why they head to the smoke only to find they can't afford to live there.

Anyway, if you have the head of the Reserve Bank bemoaning low wages and lack of discretionary spending ability then people should take notice, and not go on about how tough they had it 50 years ago.
 
SirRumpole said:
Anyway, if you have the head of the Reserve Bank bemoaning low wages and lack of discretionary spending ability then people should take notice, and not go on about how tough they had it 50 years ago.
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The Reserve Bank is bemoaning low wages and descretionary spending because, everyone and his dog has jumped into property, no matter what the cost, to make a capital gain now those same people are pleading poverty.
Greed is good until you're maxed out, then there is nowhere to go. lol

The same happened in the NW of W.A, everyone was making a killing on properties in Karratha, until the demand wasn't there.
Now the same people are screaming about the loss of equity, why not feel sorry for them? They may have paid $1M for a house, that is now worth $350-$400K.
The only difference is, no one has sympathy for them, because they wouldn't want to live there.
Those in Karratha are seen as silly, those in Sydney are seen as unfortunate. lol
 
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SirRumpole said:
My parents could afford a house on one income (just), in Sydney's Hills district, but it wasn't a palace and there weren't a load of foreign investors and rent seekers around then.
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And 50 years ago Australia had a population of 12 million, now the population is 24 million.
Saying my parents could afford a house in Sydney 50 years ago, why can't kids today afford to live there?
Is a bit like saying why can't kids afford to buy in the London, New York, Auckland, or any other capital City.
The population has grown, the area that the Cities covers has grown, and the prices have grown.
The only thing that has got cheaper has been consumables, like T.V's and cars, because we make them.
Land in inner Sydney isn't growing, just more people wanting it, same as every other City.
Even Perth, inner City is still super expensive, 60k's out has dropped a lot.
 
sptrawler said:
And 50 years ago Australia had a population of 12 million, now the population is 24 million.
Saying my parents could afford a house in Sydney 50 years ago, why can't kids today afford to live there?
Is a bit like saying why can't kids afford to buy in the London, New York, Auckland, or any other capital City.
The population has grown, the area that the Cities covers has grown, and the prices have grown.
The only thing that has got cheaper has been consumables, like T.V's and cars, because we make them.
Land in inner Sydney isn't growing, just more people wanting it, same as every other City.
Even Perth, inner City is still super expensive, 60k's out has dropped a lot.
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Na, Sydney's property market is just insane. It's unaffordable by any measure you care to use.

Within 15km from CBD, tiny "renovated" terraces goes for $1.3 to $1.6M. A Duplex that will need another $200K to fix goes for about the same.

some 30km out West, where the poor lives :D an average 550 to 650m2 block with an old 3bedder brick goes for $750 to $850k. Similar block with old fibro goes for about $1000/m2.

Some 50K, Campbelltown, where the poorer people lives... same price. New double storey "master" build goes from $1M to $1.2; a single storey about $850K brand new on 440m2 piece of dirt.

Stagnant wages; insecure job market; record low interest rates... household debt to income is some 1.89 to 1. This is going to end in tears. It's going to be the biggest crash we're ever going to see.

And in a couple of days the NSW gov't is going to "give" first home buyers exemption from stamp duty. That's just another way of taking taxpayers money and hand it over to the developers.
 

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