Australian (ASX) Stock Market Forum

The Turnbull Government

Attachments

  • Fabian.jpeg
    Fabian.jpeg
    16.1 KB · Views: 41
Punishing Tony for speaking out:

"
Updated 2 Feb 2017, 6:58am

7138400-3x2-340x227.jpg
PHOTO: Warren Mundine (left) has been informed his role has been dissolved. (AAP)
RELATED STORY: Mundine rips into imprisonment inquiry
MAP: Australia
The body established by Tony Abbott to advise the prime minister on Indigenous issues has temporarily ceased to exist, but Malcolm Turnbull's office says it is still committed to keeping it.

Key points:
  • Warren Mundine reportedly received email informing him all further meetings are cancelled
  • Mr Mundine has a rocky relationship with Malcolm Turnbull
  • Recently said Mr Turnbull had stopped talking to him
The ABC understands Cabinet will approve the appointment of a new head and some new members when it meets next week.

Indigenous Advisory Council (IAC) head Warren Mundine has been informed his role and the body itself — established after the 2013 election — have been dissolved.

Mr Mundine is understood to have received an email from the Department of Prime Minister and Cabinet to inform him that all further meetings and activities were now cancelled.

Mr Mundine has not been officially informed by Mr Turnbull himself.

But last night a spokeswoman for Mr Turnbull said the Government was still committed to continuing the IAC."
 
Interesting how our labour costs are moving and it's obvious why Germany is in such poor shape:

australia-labour-costs.png


German Labour Cost.png
 
Germany is in such poor shape
LMAO - yeah, very poor shape!
poor buggers have to build their own cars! and since not every German can afford the latest Vee-Dub, Beemer, Merc, Audi, ... - they'll ship them all over the world, so the affluent Aussies, Yanks, Chinese, ... take them off their hands.

Brilliant Logic: Cut Aussie wages, especially in the Service and Hospitality sectors, so more people can go shopping 24x7 and dine-out. That'll help all businesses, Big and Small - mostly the Big and their friendly Politicians on the payroll. Then (almost) everybody can afford to buy their own brand-new Merc. And if that doesn't leave you enough money for a down payment on a Harbourside mansion, just get a better-paying job.
 
LMAO - yeah, very poor shape!
poor buggers have to build their own cars!

They could learn a lot from us. I expect they will make junkets to our cities to learn about manufacturing, productivity and transportation systems. They will be in awe of our natural born economic managers on the govt benches.
 
I find Labor's tactic on going after the government on FW's decision on weekend penalty rates a bit strange. I would have thought Liberal Party disunity would have been much more fertile ground.

Perhaps they've drawn a conclusion about the attention span of voters post mediscare.

Doc, when I look back on life, in the 30s, 40s ad 50s all shops used to closed at noon on Saturday...Pubs were open from 10am to 10 pm and closed on Sunday.....you cold fire a shot gun down Queens Street Brisbane and would not hit anyone.......You could drink and dine at a pub on Sunday but the bars were closed....You had to order a meal

Saturday after noon was generally reserved for sport.....The city picture theaters were open for those who enjoyed the latest movies. ....Sunday was regarded as the Sabbath day of R an R.....Some went to church and some went to the beach or went fishing with their families.....I cannot not recall anyone taking a second job.
You worked your 40 hours for the one boss..If you were asked to work longer hours

on Saturday or Sunday penalty rates applied due to the fact that you had to give up your weekend of rest......We were paid 150% on Saturday afternoon and 200% for working on Sunday........

Things began to change in the later part of that century and shops were given sanction to open their doors with longer hours....Pubs were allowed to open on Sundays necessitating more staff.......So you then started to see those who worked their 40 hours for one boss Monday to Friday wanting to earn extra money on the weekends, public holidays and night time.

Ah said the unions, these poor people who are giving up their R and R on the weekends need to be compensated with penalty rates.......So they work for one boss Monday to Friday and a different boss on the weekends....This is when the weekend overtime came into play......Have they worked their 40 hours for the second boss?...NO....The unions have exploited the conditions of the mid 1900's and applied them to modern day living.

Can you see the picture I am painting?

...
 
The ASX has gone nowhere for just over a decade now.

We've got a key industry, power, falling apart in SA with Vic about to follow.

The price of gas to Australian industry in the Eastern states has roughly tripled.

Housing is unaffordable in the major cities for anyone who isn't on a huge income or otherwise has some above average source of wealth.

Manufacturing is stuffed. Just a few months from now there will be no such thing as an Australian built new car.

All this despite an unprecedented boom in mining and we've also had pretty decent weather for agriculture.

Meanwhile the circus rolls on in Canberra with yet more speculation about leadership.

Our governments of all persuasions have failed us miserably in my view. Rudd, Gillard, Abbott, Turnbull. None of them come anywhere close to the sort of leadership we had in the past and so desperately need now.

Smurf's view = It will take something drastic which either directly affects the masses or at least has them seriously worried to bring real change. That's "worried" as in families and work colleagues discussing it, people literally losing sleep over it and so on. A major problem because anything less doesn't seem to be enough to bring some sense to our politicians.

A recession or other economic debacle would be the most likely. A massive infrastructure failure or natural disaster possibly. God help us if the trigger is that we find ourselves at war (a real military war).

Never before have I been more disappointed in them all and I suspect that a great many Australians would share that view. If they can't govern themselves and can't do anything about such basic things as housing and utilities then our future isn't looking good.

Rant over. :2twocents
 
Our governments of all persuasions have failed us miserably in my view. Rudd, Gillard, Abbott, Turnbull. None of them come anywhere close to the sort of leadership we had in the past and so desperately need now.

True. However I would mention that R-G-R introduced innovations like the NBN , carbon tax (which was necessary but campaigned against heavily by vested interests), and the NDIS which was also necessary but not even mentioned during the halcyon days of John Howard, even if Labor didn't get the finance right for any of these things at least we have their legacies (The Clean Energy Finance Corporation for one).

But yes, the current leaders are both nerds, they pander to the people who really control them, business and unions, and no-one truly represents the end consumer in the street.

Will it ever change ? We just have to keep tossing the tossers out until we get someone with a bit of vision.

I think one problem is that people with any skill won't go into politics a> because they can get paid more elsewhere and b> they don't want themselves and their families exposed to the constant media attention and harassment that an adversarial system continually engenders. I doubt if this will change unfortunately untill the political system itself changes.
 
Never before have I been more disappointed in them all and I suspect that a great many Australians would share that view.

Gee you're fair bit behind the times.

Without getting into partisan politics, I think the nation as a whole was given a great shock when it witnessed how outside forces, division and "Vlad the Impaler" wrecked the running of Labor govt(s). I think we are still in trauma and suffering an innate guilt at being part of it, albeit some with a Cheshire grin and/or grim determination not to take any ownership of the consequences.

Skewing Vlad, who promised much but delivered more division and derision instead, was supposed to be the penance of the Liberal Party to clear the stink of the past, but it hasn't worked.

IMO the rise in support for Pauline Hanson is because she offers three main opportunities:

1) a mouth piece to express our crudity, bigotry and anger at having no control over social engineering and bureaucracy;

2) to put a fox in the hen house and scare the majors into doing things magnificent rather than polarising;

and as one of my ex dyed on Liberal supporter mates stated in his implacable support of Pauline :

3)"I want to see her burn the place to the ground so we can start again"
 
to put a fox in the hen house and scare the majors into doing things magnificent rather than polarising;

Yes, the magnificent things seem to be the Libs either trying to placate or villify Hanson alternately and neither seems to have worked so far.

Hanson will split the Liberal vote like the Greens have split Labor, and the Libs will be driven further Right just as Labor have been driven Left by the Greens (silly 50% renewable energy target).

I'm sure many will be watching their heroines appearance on Insiders this morning. There is no doubt that she is becoming more relaxed and assured in media interviews lately. Should be interesting.
 
True. However I would mention that R-G-R introduced innovations like the NBN , carbon tax (which was necessary but campaigned against heavily by vested interests), and the NDIS which was also necessary but not even mentioned during the halcyon days of John Howard, even if Labor didn't get the finance right for any of these things at least we have their legacies (The Clean Energy Finance Corporation for one).

But yes, the current leaders are both nerds, they pander to the people who really control them, business and unions, and no-one truly represents the end consumer in the street.

Will it ever change ? We just have to keep tossing the tossers out until we get someone with a bit of vision.

I think one problem is that people with any skill won't go into politics a> because they can get paid more elsewhere and b> they don't want themselves and their families exposed to the constant media attention and harassment that an adversarial system continually engenders. I doubt if this will change unfortunately untill the political system itself changes.

That is easy to overcome......VOTE 1 for One Nation.
 
Top