The Turnbull Government

[Boggo]

When I checked my PO box this arvo it had a calendar in an envelope from the local Liberal MP (David Spiers) which I proceeded to throw in the post office bin on top of about a dozen other calendars that were unopened.

Why the heck are we being "gifted" something we don't want at taxpayers expense, waste of money imo.

 

[noco]

Labor would never accept a $7 GP co-payment especially as it wasn't mentioned before the election.

Here is just one way the Abbott/Turnbull government has stuffed up the Budget.

http://www.abc.net.au/news/2015-10-28/fact-check-direct-action-vs-carbon-tax/6847234



It doesn't really matter what our investment was, if you have a lot of valuable stuff lying around in your backyard and you let other people take it away for little return to the owners, then you are a fool.

Absolutely no comparison Rumpy.......Somebody has to invest in the infrastructure to get the LNG out of the ground, convert it to liquid at something like -167 c and then transport out of the country.

You say it does not matter what our investment was!!!!!!!!!!!!!!!!!......That is the point I am trying to get through to you Smurf, the Australian Government has not invested one cent into the infrastructure of the LNG industry.

You don't seem to understand how business works.

Labor would never accept a $7 GP co-payment especially as it wasn't mentioned before the election.

Julia Gillard said 7 days before the 2010 election, "THERE WILL BE NO CARBON TAX UNDER A GOVERNMENT I LEAD" and with the signed agreement with the Greens (Gillard/Brown) there was a carbon tax and the people of Australia had no choice because Gillard had the numbers in the senate and rammed it through.....So don't crow to me about Labor not accepting the $7 GP co-payment.

You are always very one sided or maybe you have a short memory and it always gives me great pleasure in reminding you of Labor's history.

 

[SirRumpole]

Absolutely no comparison Rumpy.......Somebody has to invest in the infrastructure to get the LNG out of the ground, convert it to liquid at something like -167 c and then transport out of the country.

You say it does not matter what our investment was!!!!!!!!!!!!!!!!!......That is the point I am trying to get through to you Smurf, the Australian Government has not invested one cent into the infrastructure of the LNG industry.

You don't seem to understand how business works.
.

The oil and gas industry still invests in Norway with a 78% oil and gas tax, and Norwegians are now one of the wealthiest people on earth per capita.

http://www.perthnow.com.au/business...as-tax-norway-pm/story-e6frg2r3-1226218409771

And I don't care what Julia Gillard said, she got thrown out.

 

[noco]

The oil and gas industry still invests in Norway with a 78% oil and gas tax, and Norwegians are now one of the wealthiest people on earth per capita.

http://www.perthnow.com.au/business...as-tax-norway-pm/story-e6frg2r3-1226218409771

And I don't care what Julia Gillard said, she got thrown out.

Rumpy you are a past master at cherry picking.....You SHOULD have explained to ASF viewers how that tax works and how the oil investors can claim there cost against that MRRT.


NORWAY'S Prime Minister has spruiked the benefits of his country's oil and gas industry tax while in Perth today amid suggesting Australia's controversial mining tax should not necessarily follow suit.

Prime Minister Jens Stoltenberg, in Perth to officially open the world’s largest offshore marine simulator - Norwegian company Farstad Shipping’s $20 million offshore simulation centre (FSOSC) located at Bibra Lake - provided an overview of his nation’s successful system which taxes oil revenue at a world-leading 78 per cent.

Treasury has predicted that the controversial minerals resource rent tax (MRRT) will raise $11 billion in its first three years after lobbing a 30 per cent tax on iron ore and coal mining companies’ profits.

Mr Stoltenberg described how Norway’s “special system for the oil and gas industry” worked well because of its equitable benefits for the nation’s economy and industry.

“They (oil and gas companies) have quite high tax rates,” Mr Stoltenberg told PerthNow.

“But, on the other hand, the industry is allowed to deduct all their expenses against the higher tax rates so, in a way, the industry pay higher taxes but they also deduct the costs against the tax rate so, in that, it’s not so heavy a tax burden.”

Mr Stoltenberg said the 78 per cent tax has not negatively affected local foreign investment in the lucrative sector.

“That works well,” he added.

“They can deduct 78 per cent of their costs, so you have to see both sides of the coin.”


BTW....THAT ARTICLE WAS DATED BACK IN 2011 DURING THE GILLARD ERA.

 

[SirRumpole]

“They can deduct 78 per cent of their costs, so you have to see both sides of the coin.”[/B]
Further more that article is dated back in 2011.

A. The principle still applies

B. If it's a good deal for everyone, where is the problem ?

 

[noco]

A. The principle still applies

B. If it's a good deal for everyone, where is the problem ?

The problem lays squarely at your feet because you have tried to make out Norway recoups a net figure of 78% on oil and that is not the case.

I know you do not like to be corrected so perhaps you should be honest and up front in the first place with the relevant information..

https://www2.deloitte.com/content/d...sources/gx-er-oil-and-gas-taxguide-norway.pdf

 

[SirRumpole]

The problem lays squarely at your feet because you have tried to make out Norway recoups a net figure of 78% on oil and that is not the case.

I know you do not like to be corrected so perhaps you should be honest and up front in the first place with the relevant information..

https://www2.deloitte.com/content/d...sources/gx-er-oil-and-gas-taxguide-norway.pdf

I made no claims about net return, I said the tax was 78 % which it is.

Norway has the largest sovereign wealth fund in the world and something like that would pay off our debt with money left over.

Why not ?

https://www.theguardian.com/comment...ustralia-a-thing-or-two-about-managing-wealth

 

[Tisme]

When I checked my PO box this arvo it had a calendar in an envelope from the local Liberal MP (David Spiers) which I proceeded to throw in the post office bin on top of about a dozen other calendars that were unopened.

Why the heck are we being "gifted" something we don't want at taxpayers expense, waste of money imo.

It's a ruse. They do a bulk deal with other members of the party, declare the value at small run high cost and pocket the rest of the allowance.

 

[Boggo]

It's a ruse. They do a bulk deal with other members of the party, declare the value at small run high cost and pocket the rest of the allowance.

Scoundrels

 

[noco]

I made no claims about net return, I said the tax was 78 % which it is.

Norway has the largest sovereign wealth fund in the world and something like that would pay off our debt with money left over.

Why not ?

https://www.theguardian.com/comment...ustralia-a-thing-or-two-about-managing-wealth

But with your deception you tried to make ASF viewers believe it was a net 78%.....Please don't try to wriggle out of it.......You know what you said.

 

[orr]

Another example of the ALP Governing from opposition;
(those with a memory long enough to remember the policy's taken to the last federal election...)

As difficult as it may seem to be to the right of Gnegas Kahn whilest still being some type of confabulation of christian puritan Mike Biard does the gymnastic 10 as awarded from all judges...those with an interest my whish to cross check the over lap of the 'Pepsodent Kids' dad's old seat and our current treasurer.

https://www.theguardian.com/austral...ederal-liberals-over-negative-gearing-changes

Negative gearing as it currently applies is the festering ulcer of inequity blighting the socio-economic landscape of this 'c-untry' ... Biard's nervousness only highlights this point.

 

[SirRumpole]

Good on you Nick !

This is the sort of pragmatism we need to get the country back on it's feet, rather than the slavish devotion to "free market" ideology (which doesn't exist anyway).

In a stunning capitulation to Nick Xenophon, the Coalition has agreed to reverse a long-held policy and give Australian businesses an advantage in competing for taxpayer-funded projects.
Key points:

Federal Government concedes to Nick Xenophon in order to get ABCC legislation through
New rules will help more Australian businesses get involved in Federal projects
Labor praises rule changes but not happy with likely passage of ABCC legislation

The Government made the surprise announcement in the Senate last night to overhaul rules about how it spends its annual $60 billion procurement bill to maximise local content.

The new rules, which do not need legislative approval, will take effect from March next year.

Bidders for government projects worth more than $4 million will need to show:

How much locally-produced material they will source
How they are contributing to local employment
How they are growing local skills
The whole-of-life cost of the project, not just the build cost
That the materials they use comply with Australian product standards

"This is a big deal," senator Xenophon told the Senate last night.

http://www.abc.net.au/news/2016-11-...k-xenophon-federal-projects-abcc-laws/8077490

 

[drsmith]

Is that Labor I see rotating in agony on the government's ABCC skewer ?

 

[Tisme]

Poor Malcolm thinks he's on a winner by constantly parroting on about everything being Labor and Bill Shorten's fault. Of course he fails to admit that if his ideas were so good he wouldn't need the ALP's vote at all and the Labor pollies could all go home for three years.

It would be interesting to tally up the % bipartisan votes versus partisan in the Abbott/Turnbull reign as compared to the Rudd/Gillard. My guess is that Abbott set the obstructionist bar to new consequently unvisited highs as opposition leader, but I'm willing to be convinced otherwise.

 

[noco]

Poor Malcolm thinks he's on a winner by constantly parroting on about everything being Labor and Bill Shorten's fault. Of course he fails to admit that if his ideas were so good he wouldn't need the ALP's vote at all and the Labor pollies could all go home for three years.

It would be interesting to tally up the % bipartisan votes versus partisan in the Abbott/Turnbull reign as compared to the Rudd/Gillard. My guess is that Abbott set the obstructionist bar to new consequently unvisited highs as opposition leader, but I'm willing to be convinced otherwise.

Tisme, I am sure you do not need to be reminded what happened 2007/2103.....Gillard/Rudd/Gillard...Rumpy came up with the same tired old rhetoric and I had to remind him of the details which you can go back and check for yourself...

Look, the sooner the Labor admit to the debacle they created in that era the better.

Gillard relied on the vote of a HSU criminal who finished up in jail....He should have been stood down..She also had a friendly left wing senate.

Abbott took over the reigns and had to deal with a hostile senate.

 

[Tisme]

Tisme, I am sure you do not need to be reminded what happened 2007/2103.....Gillard/Rudd/Gillard...Rumpy came up with the same tired old rhetoric and I had to remind him of the details which you can go back and check for yourself...

Look, the sooner the Labor admit to the debacle they created in that era the better.

Gillard relied on the vote of a HSU criminal who finished up in jail....He should have been stood down..She also had a friendly left wing senate.

Abbott took over the reigns and had to deal with a hostile senate.

Sorry cobber you lost me there.... relevance?

:bonk:

 

[drsmith]

Derryn Hinch defending his position for a 13% tax rate for backpackers in a presser today,

All I want to do is get a deal done, at some figure.

I didn't care if it was 10 or if it was 15, I originally voted for 19.

Labor after following Jacquie Lambie to 10.5% has now followed the 3 senators holding out for 13%.

http://www.abc.net.au/news/2016-12-01/politics-live-december-1/8081808

 

[SirRumpole]

Barnaby Joyce and Turnbull in Question Time. A couple of moronic jackasses. Asked about his government's 'achievements' , all Turnbull could do was attack Shorten and the Labor Party. Joyce just rambled like an idiot.

And the country is being 'run' by these two ?

God help us.

 

[noco]

Barnaby Joyce and Turnbull in Question Time. A couple of moronic jackasses. Asked about his government's 'achievements' , all Turnbull could do was attack Shorten and the Labor Party. Joyce just rambled like an idiot.

And the country is being 'run' by these two ?

God help us.

Well, when the questioner ask about any alternatives the answer is given about the grinning jackass sitting opposite...So what do you expect.

You are obviously upset about the ABCC being passed to curtail Bill Shortens bosses in the CFMEU...

Rumpy, take it like a grown boy...You don't have to take your bat and ball and go home.....Join in the game.

 

[drsmith]

Some info on the background behind one of Derryn Hinch's advisors,

The Nationals suspect Hinch adviser John Clements, who worked for Tony Windsor and the Palmer United Party, and has an awkward relationship with the Nationals.

http://www.afr.com/news/politics/derryn-hinch-just-another-politician-20161130-gt1c4y