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The Turnbull Government

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noco said:
Ah yes.....the good old Commo paper the Guardian...self confessed to exaggerating the truth and especially from the lips of Lenore Taylor that well known communist journalist.
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You mean like Andrew Bolt is a Facist, or is he just a good bloke with sensible center ideas ?
 
Tisme,

You seem to have some experience in the building industry, what's your opinion of the ABCC legislation ?

It doesn't affect me either way I'm just interested in whether you think it's necessary, will it reduce safety on building sites, will it reduce costs etc, or is it just a union bashing exercise ?

Comments appreciated.
 

The paper work that went with the National Code of Practice MkI was a leveraged piece that basically black mailed building companies and sub contracting companies into signing or no commonwealth work (this is still there in MII). It prescribed various "best practice" behaviours that were tantamount to making a solemn oath to do the govt's political bidding. Once signed every construction activity, regardless of the client had to be per the NCP, which meant of course a Labor State Govt project would be very hard to win.

I myself have had some fairly robust scraps with union reps and the impudence of someone telling who, what, when and where and to be hit from the otherside by a political game is just sheer antagonism. The thing that people don't know is that investment in commercial building was in a very large part federal govt funding because the free market economy was underlyingly sh1te, the construction industry couldn't survive any growth without taxpayer monies, so the legislation was a dagger.

Let's take Lend Lease as an example of a builder who has it's act together and a large player on the world stage. Lend Lease started out an idea of Dick Dusseldorp with Civil an Civic as the building arm. He had set up Civil and Civic using Dutch money for a consortium and subsequently bought it from them. C&C built the first High Rise (Caltex House) in Oz, but because he was a migrant the banks wouldn't lend so he went off and got funding from Dutch royalty ( he swore he'd never go grovelling to a bank again and I remember how he took out CML, MLC and nearly inked in Westpac too in the 80's). GPT (general property trust) was the company formed to finance Civil and Civic, EPL, Environ's, etc works, So what was his secret to success.......

he had a flat organisation that included all employees in the mix. In the 70's there was accords and understandings with unions, safety on sites was paramount (its Lance Haslam invented catch cry was "Accidents don't happen, they are caused"), the wages were around 125% of award, medical was free, everyone rec'd profit share in the form of shares, trips to company owned Thredbo, lots of personal development training, Harvard courses, etc a great diversity of keen minds more interested in building than playing silly buggers with organised labor as excuse for poor management and negotiation skills. His company was a masterclass of how Hawke wanted Oz in the 80's.

So when this legislation comes back around and a post war company founded on European socialist/societal values, ranked by its world peers as in the top tiers, it will necessarily see the benefits of a EBA, whether it needs to be doing commonwealth govt funded projects or just keep fundng PPP's by itself or with consortiums like Brookfield Multiplex.

The thing is that Lend Lease, which has a traditional relationship with the Labor Party and the Unions (many of the building in Canberra were union owned, C&C built) has an advantage over its competitors because it doesn't rely on federal projects.

The work around fro smaller builders? Well just like with the EBAs, companies set up another company with the same name, except it has word added e.g. "Stockforums Services" which has no binding agreements with the Feds or the unions, or just one of the other.

Safety is a real problem insofar the regulations are so over the top with public service style rules, in reality workers don't really read all the SWMS and Safety Procedures. It has created a bullsh1t industry of safety officers and risk aversion hand cuffs that frustrates workers and probably causes accidents through haste from watchful eyes. The unions know this and that is why they enter sites to audit the basics on behalf of their membership, it is also a great way to gauge conditions, signup slave labourers and causing great grief to sub contractors who aren't doing as they are told by the site foreman who generally uses union clout to slow a job down, stop work, etc for and extension of times.... can't get pinged for things out of your control.

The construction industry is run on rat cunning, bullying and primitive instincts. I like to say it's the second oldest profession after prostitution, because bothels need roofs and walls.

It really is a frontier mentality and no one over the many millenia has managed to legitimise it as mature industry. Of course investors are normally those in power, so there is no advantage to their ROI is low life workers are creaming the profits as benefits, so much better to attack organised labour than enforce fair payments to workers, subbies and suppliers. When you witness first hand ex Labor politicians brokering second mortgage mezzanine finance to developers (especially apartments), who they intend to wind up near the end of projects so they can liquidate the project for their security and surety of investments and 30% profit plus extras, you just know there are a lot of public out there who should know, but won't because the media has the same power elite also noses in the trough.

The new kids on the block are the Catholic boys. They have stitched up Catholic Law firms, Catholic School boards, Catholic Building companies, Catholic Architects, Catholic Developers, Catholic Investment Funds, etc and the fit is perfect for the largely Catholic Liberal Party and not inconsiderable Catholic Labor Party (which Richard Court tried to kill off in Perth City Council). The old school tie is very strong in these people and we aren't talking the traditional Christian Lebs ( I think they are really Jewish genes) who dominated some sectors during the nineties.

Very complex industry with some stellar minds always in battle mode.
 
Funny how our "debt and deficit disaster" seems to have been forgotten, but it's still there.

What would most people regard as a reasonable profit margin these days ? 10% ?

Well get a load of this.

Even when prices plunged earlier this year, the big iron ore miners were making a killing with a 50 per cent profit margin. That's now around 200 per cent.
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Time for a serious Resources Rent Tax on OUR minerals as John Verrender explains.

http://www.abc.net.au/news/2016-12-...faces-downgrade-to-economic-forecasts/8091678
 
It's not a carbon tax.... it's not anything to do with anything LOL

Poor Josh Frydenburg being man handled by his own peers. I can imagine he and Malcolm feel like captives to an implacable bunch of do nothings.

http://www.smh.com.au/federal-polit...-climate-policy-backdown-20161206-gt5f50.html

Meanwhile Peter Costello is maturing in years and common sense and has embarked on morphing into Paul Keating, the man who's changes made Peter look good as the mechanisms kicked in.

Ol' Pete has made a point of making a television appearance to explain to the low IQ party partisans that things like back packer taxes are irrelevant to the big picture.......oh duh

http://www.abc.net.au/news/2016-12-...-parliaments-time-says-peter-costello/8097294
 
Well that cleared that up! Simon Birmingham was just on ABC 24 and he explained that it wasn't Josh Frydenberg afterall, but Bill Shorten and the Labor Party. I'm glad he cleared that up

I don't know why my eyes and ears keep deceiving me ... maybe I need a new TV.

Meanwhile I'm thinking of releasing a Xmas album for LNP supporters: 40 minutes of recursive "Blame Bill Shorten and the Labor Party"
 

Jut shows how weak Turnbull is. The socialist/communist/fabian conspiracy theorist nut jobs in the LNP have triumphed over science and rationalism .

The LNP will never get anything worthwhile done in government. They are lame ducks swimming around waiting for someone to shoot them.

Pathetic.
 

You'd think when the likes of Abbott and his Headquarters (News Corp) go down the cheap political gain road, they would consider well documented history of picking low hanging fruit: Shakespeare even wrote it into his famous play:

For 'tis the sport to have the enginer
Hoist with his own petard
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Almost a decade of LNP hysteria mongering has come back to bite the likes of Josh and jelly kneed Malcolm. They have effectively closed the doors on any policy that is aggressive to do nothing politics. Meanwhile the world around us is changing rapidly.

Malcolm should just go on holidays and not come back = do a Stephen Conroy, a David Cameron, a John Key, a Matteo Renzi and just realise it ain't worth the poor health and grey hair that comes from trying to lead/coalesce with the new breed of inflated egotist politicians who just want to be spoilers for fame.
 

Strange as it seem but the attached link paints a different picture presented by the ABC regarding iron ore profits......But then we all know how the ABC and the Guardian distort the truth don't we.

The latest iron ore price is US $48.99 tonne.......the break even point is between US $30 and $51 per tonne.

http://www.fool.com.au/2015/07/10/which-iron-ore-miners-are-still-profitable-today/
 
Those break even costs in the Motley Fool link are almost 18 months old. A lot has changed since then.

You will find that most of the big miners have been cutting costs and their break evens will subsequently be lower.
 
The economy declined by 0.5% in the September quarter. Mr "jobs and growth" strikes again.

 
SirRumpole said:
The economy declined by 0.5% in the September quarter. Mr "jobs and growth" strikes again.

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Clap, clap, clap...That will make the Green/Labor left wing socialist coalition and its supporters more than happy and what are they doing to help?....Zilch, except more obstruction to make the government fail....What a bunch of cronies you Fabians are.
 
The one they forgot is the scrapping of Fact Check at the ABC



Just makes me all warm and fuzzy knowing we are in good hands for big ticket agendas
 
Tisme said:
The one they forgot is the scrapping of Fact Check at the ABC




Just makes me all warm and fuzzy knowing we are in good hands for big ticket agendas
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Meanwhile our gas is being exported for very little return to us and our power generation infrastructure is falling to pieces. Yes, great achievements they have gained.
 
SirRumpole said:
Meanwhile our gas is being exported for very little return to us and our power generation infrastructure is falling to pieces. Yes, great achievements they have gained.
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Here we go again....How much has the government got invested in CSG?...What do you expect?..Rumpy we have been through all this before with Qatar...You have a very short memory.

Yes you are right for once, the general infrastructure is falling apart thanks to the Green/Labor left wing socialists coalition blowing up coal fired power stations in Victoria and South Australia....Making power so expensive and unreliable....Creating loss of jobs and heartache for business in SA....Power prices are expected to rise 10% in Victoria and SA in January causing more pain for the struggling pensioners and house holds.
 
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