Planet Rugby Forum

Jtah wrote: ↑Thu Nov 23, 2023 12:13 pm

grievous wrote: ↑Thu Nov 23, 2023 11:55 am

Pakia Pakia wrote: ↑Thu Nov 23, 2023 10:56 am

I'd like to a plan and steps being taken.

Issues you describe are global right now, Britain is going into recession, Europe has no economic growth growth, US is slowly recovering and is always first to.
Here inflation is the issue, unemployment is too low and consumer spending needs to fall off a cliff....not easy, heavily reported in the news.
Climate change was discussed by Bowen today, it's all there.Should emissions be carbon neutral by now?
Cost of living is probably where they are lost at sea, would the LNP have anything better other than for the top tax bracket? That wont be fixed within one election phase.
Not sure how closely you flow politics but to say there hasn't been any difference between the two parties is completely wrong.

And ALP are making it all worse!

grievous wrote: ↑Thu Nov 23, 2023 11:55 am

Pakia Pakia wrote: ↑Thu Nov 23, 2023 10:56 am

grievous wrote: ↑Thu Nov 23, 2023 10:32 am

So you think those issues can be resolved in just over a year?

I'd like to a plan and steps being taken.

Issues you describe are global right now, Britain is going into recession, Europe has no economic growth growth, US is slowly recovering and is always first to.
Here inflation is the issue, unemployment is too low and consumer spending needs to fall off a cliff....not easy, heavily reported in the news.
Climate change was discussed by Bowen today, it's all there.Should emissions be carbon neutral by now?
Cost of living is probably where they are lost at sea, would the LNP have anything better other than for the top tax bracket? That wont be fixed within one election phase.
Not sure how closely you flow politics but to say there hasn't been any difference between the two parties is completely wrong.

In its first draft report, released on Thursday night, the commission said the federal government should ensure all children were able to access at least three days of childcare a week, regardless of their parents’ circumstances, under a universal system.

…

Labor’s own childcare changes, an election promise that came into effect in July 2023, increased the subsidy to 90% for families with income under $80,000. The subsidy tapers down from 90% for households that bring in above that threshold, depending on income.

The productivity commission recommended further raising the maximum rate of the childcare subsidy to 100% for households on incomes up to $80,000, which the commission said accounted for approximately 30% of all families with young children. The report also recommended relaxing the activity test on accessing the childcare subsidy so it does not present as a barrier to accessing care.

It said it would conduct further modelling and analysis of a possible universal 90% subsidy, though it noted the main beneficiaries would be higher-income families, as many low-income families already receive subsidies at 90% or higher. The commission has also been asked to consider any workforce participant benefits of childcare reform.

…

The commission’s report said universal childcare could not be achieved “without addressing the critical demand and need for educators, early childhood teachers, centre directors and other ECEC workers”.

ROLDY wrote: ↑Thu Nov 23, 2023 12:36 pm

grievous wrote: ↑Thu Nov 23, 2023 11:55 am

Pakia Pakia wrote: ↑Thu Nov 23, 2023 10:56 am

I'd like to a plan and steps being taken.

Issues you describe are global right now, Britain is going into recession, Europe has no economic growth growth, US is slowly recovering and is always first to.
Here inflation is the issue, unemployment is too low and consumer spending needs to fall off a cliff....not easy, heavily reported in the news.
Climate change was discussed by Bowen today, it's all there.Should emissions be carbon neutral by now?
Cost of living is probably where they are lost at sea, would the LNP have anything better other than for the top tax bracket? That wont be fixed within one election phase.
Not sure how closely you flow politics but to say there hasn't been any difference between the two parties is completely wrong.

The RBA is arguing inflation as it applies to Australia is largely home grown. While not one to blindly agree with the RBA, I think she’s got a fair point on this one.

Supply chains globally have calmed down and there’s definitely a massive disconnect between the price primary producers of all things (eg agriculture and energy products) are receiving and what the end consumer is paying in Australia. Coles / woolies are on track for record profits again. The price of cattle is at multi year lows, yet the price of beef at the butcher remains near record highs as one example.

The US has a massive primary producer market like us, and a lot more consumer competition, which reflects prices reacting quickly. Australia’s markets are a lot more sticky given the lack of competition.

Treasurer Jim Chalmers is being urged to go further than scrapping billions of dollars worth of rail projects in the December federal budget update to reduce cost-of-living pressures amid warnings the Reserve Bank could lift interest rates in February to deal with home-grown inflation.

Economists at the NAB said the Reserve Bank was likely to push the official cash rate to a fresh 12-year high of 4.6 per cent early next year which, if passed on by commercial banks, would take the cumulative increase in the monthly repayments on a $600,000 mortgage to $1700 since the RBA started tightening monetary policy.

Treasurer Jim Chalmers is facing more pressure to deal with inflation in his mid-year budget update due early next month.

Prime Minister Anthony Albanese appeared to challenge Reserve Bank governor Michele Bullock who this week said domestic issues were now largely to blame for inflation.

She said high inflation in hairdressing, dentistry, dining-out, sporting and recreational events was a sign that domestic demand remained high, fuelling price pressures that were likely to take longer to dissipate.

But Albanese on Thursday argued inflation was a global phenomenon, saying the government was dealing with supply-chain issues while delivering direct cost-of-living relief in areas such as cheaper childcare and pharmaceuticals.

“One of the things we’re doing right here is dealing with supply-chain issues. Dealing with putting down those costs on things like infrastructure investment by having a skilled workforce, by making sure that we have planning done,” he said.

“But also, of course, if you make something free, you are, by definition, putting downward pressure on costs. That is one of the things that my government has done.”

But shadow treasurer Angus Taylor said the government’s own policies were making inflation worse.

He said poorly managed migration was making rents and housing unaffordable, energy costs continued to climb while broken promises on tax were taking more money out of the pockets of Australians.


“This inflation crisis is coming from Canberra. The Albanese Labor government has no one to blame but themselves for being asleep at the wheel and distracted,” he said.

Chalmers, who earlier this year revealed the first federal budget surplus in 15 years and the largest ever in nominal terms, is due to release the mid-year budget update early next month.

The government’s expenditure review committee has been meeting regularly to look at possible spending cuts. Last week, it axed its funding for 50 infrastructure projects, sparking a dispute with the Queensland, NSW and Victorian Labor governments wanting to continue big builds.

Despite forecasting a deficit of $13.9 billion for the 2023-24 financial year when he handed down the budget in May, analysts are expecting him to reveal a surplus built on on burgeoning tax collections from workers and businesses.

A key driver of inflation has been insurance costs, which have soared by 14.7 per cent over the past year.

Insurance Council chief executive Andrew Hall says the government could reduce inflation pressures by axing taxes on insurance.


Insurance Council of Australia chief executive Andrew Hall said there were already signs people were dropping insurance because it had become too expensive, or not increasing their coverage in line with the lift in the value of their belongings.

He told the National Press Club that the federal government could take a major step towards cost-of-living relief by providing financial incentives to the states to slash their taxes on insurance.

“Australian governments at the state and federal level must have an eye on reform of insurance taxes,” he said.

“The federal government is the insurer of last resort for our states. There is a clear opportunity here to think about how to incentivise states to lower their insurance taxes to ensure more people have the private cover that will protect them.”

Bullock came under fire from the Australian Dental Association, which accused the RBA governor of getting involved in a subject outside her expertise.

“You don’t go to the dentist for economic advice, and the Reserve Bank shouldn’t be handing out healthcare advice,” association president Scott Davis said.

“If you don’t get your hair cut, it doesn’t have a serious knock-on effect on the rest of the body. If you ignore your oral health, however, for which visiting the dentist is a vital part, then you could be risking a whole range of health complications from stroke to cardiac issues to poor pregnancy outcomes. The two simply aren’t on par.”

NAB chief economist Alan Oster said that while inflation had peaked, it was going to take longer than expected for it to return to the RBA’s 2-3 per cent target band.

He said the official cash rate was now likely to reach 4.6 per cent early next year.

“We see one further hike to 4.6 per cent in February, with rates then on hold until late 2024, before the RBA begins easing back neutral,” he said.

Bindi wrote: ↑Thu Nov 23, 2023 10:22 am Bruce Lehrmann's story of what happened in Parliament House seems totally believable. I'm convinced.

Thomas wrote: ↑Thu Nov 23, 2023 9:46 pm

Bindi wrote: ↑Thu Nov 23, 2023 10:22 am Bruce Lehrmann's story of what happened in Parliament House seems totally believable. I'm convinced.

Now I know why his team got that juror to abort the trial and the media attacked Higgins. If he'd made the stand he'd be serving time in jail now.

Bloke is just being eviscerated on the stand. Lie after lie. He seems to keep forgetting which lie he's told.

I wonder who is paying his four high end lawyers....and why? Who and what does this fat rapey toad know and why is he being protected by conservatives?

grievous wrote: ↑Thu Nov 23, 2023 9:34 pm

ROLDY wrote: ↑Thu Nov 23, 2023 12:36 pm

grievous wrote: ↑Thu Nov 23, 2023 11:55 am

Issues you describe are global right now, Britain is going into recession, Europe has no economic growth growth, US is slowly recovering and is always first to.
Here inflation is the issue, unemployment is too low and consumer spending needs to fall off a cliff....not easy, heavily reported in the news.
Climate change was discussed by Bowen today, it's all there.Should emissions be carbon neutral by now?
Cost of living is probably where they are lost at sea, would the LNP have anything better other than for the top tax bracket? That wont be fixed within one election phase.
Not sure how closely you flow politics but to say there hasn't been any difference between the two parties is completely wrong.

The RBA is arguing inflation as it applies to Australia is largely home grown. While not one to blindly agree with the RBA, I think she’s got a fair point on this one.

Supply chains globally have calmed down and there’s definitely a massive disconnect between the price primary producers of all things (eg agriculture and energy products) are receiving and what the end consumer is paying in Australia. Coles / woolies are on track for record profits again. The price of cattle is at multi year lows, yet the price of beef at the butcher remains near record highs as one example.

The US has a massive primary producer market like us, and a lot more consumer competition, which reflects prices reacting quickly. Australia’s markets are a lot more sticky given the lack of competition.

Government think otherwise

Treasurer Jim Chalmers is being urged to go further than scrapping billions of dollars worth of rail projects in the December federal budget update to reduce cost-of-living pressures amid warnings the Reserve Bank could lift interest rates in February to deal with home-grown inflation.

Economists at the NAB said the Reserve Bank was likely to push the official cash rate to a fresh 12-year high of 4.6 per cent early next year which, if passed on by commercial banks, would take the cumulative increase in the monthly repayments on a $600,000 mortgage to $1700 since the RBA started tightening monetary policy.

Treasurer Jim Chalmers is facing more pressure to deal with inflation in his mid-year budget update due early next month.

Prime Minister Anthony Albanese appeared to challenge Reserve Bank governor Michele Bullock who this week said domestic issues were now largely to blame for inflation.

She said high inflation in hairdressing, dentistry, dining-out, sporting and recreational events was a sign that domestic demand remained high, fuelling price pressures that were likely to take longer to dissipate.

But Albanese on Thursday argued inflation was a global phenomenon, saying the government was dealing with supply-chain issues while delivering direct cost-of-living relief in areas such as cheaper childcare and pharmaceuticals.

“One of the things we’re doing right here is dealing with supply-chain issues. Dealing with putting down those costs on things like infrastructure investment by having a skilled workforce, by making sure that we have planning done,” he said.

“But also, of course, if you make something free, you are, by definition, putting downward pressure on costs. That is one of the things that my government has done.”

But shadow treasurer Angus Taylor said the government’s own policies were making inflation worse.

He said poorly managed migration was making rents and housing unaffordable, energy costs continued to climb while broken promises on tax were taking more money out of the pockets of Australians.


“This inflation crisis is coming from Canberra. The Albanese Labor government has no one to blame but themselves for being asleep at the wheel and distracted,” he said.

Chalmers, who earlier this year revealed the first federal budget surplus in 15 years and the largest ever in nominal terms, is due to release the mid-year budget update early next month.

The government’s expenditure review committee has been meeting regularly to look at possible spending cuts. Last week, it axed its funding for 50 infrastructure projects, sparking a dispute with the Queensland, NSW and Victorian Labor governments wanting to continue big builds.

Despite forecasting a deficit of $13.9 billion for the 2023-24 financial year when he handed down the budget in May, analysts are expecting him to reveal a surplus built on on burgeoning tax collections from workers and businesses.

A key driver of inflation has been insurance costs, which have soared by 14.7 per cent over the past year.

Insurance Council chief executive Andrew Hall says the government could reduce inflation pressures by axing taxes on insurance.


Insurance Council of Australia chief executive Andrew Hall said there were already signs people were dropping insurance because it had become too expensive, or not increasing their coverage in line with the lift in the value of their belongings.

He told the National Press Club that the federal government could take a major step towards cost-of-living relief by providing financial incentives to the states to slash their taxes on insurance.

“Australian governments at the state and federal level must have an eye on reform of insurance taxes,” he said.

“The federal government is the insurer of last resort for our states. There is a clear opportunity here to think about how to incentivise states to lower their insurance taxes to ensure more people have the private cover that will protect them.”

Bullock came under fire from the Australian Dental Association, which accused the RBA governor of getting involved in a subject outside her expertise.

“You don’t go to the dentist for economic advice, and the Reserve Bank shouldn’t be handing out healthcare advice,” association president Scott Davis said.

“If you don’t get your hair cut, it doesn’t have a serious knock-on effect on the rest of the body. If you ignore your oral health, however, for which visiting the dentist is a vital part, then you could be risking a whole range of health complications from stroke to cardiac issues to poor pregnancy outcomes. The two simply aren’t on par.”

NAB chief economist Alan Oster said that while inflation had peaked, it was going to take longer than expected for it to return to the RBA’s 2-3 per cent target band.

He said the official cash rate was now likely to reach 4.6 per cent early next year.

“We see one further hike to 4.6 per cent in February, with rates then on hold until late 2024, before the RBA begins easing back neutral,” he said.

I dont understand why immigration is so high with almost full employment , housing crisis etc.

In other news, a boat has just landed on NW Cape from Indonesia...undetected...watch LNP go to Defcon 4 on "Labor cant keep us safe" message.
Its popcorn time.

Thomas wrote: ↑Thu Nov 23, 2023 9:46 pm

Bindi wrote: ↑Thu Nov 23, 2023 10:22 am Bruce Lehrmann's story of what happened in Parliament House seems totally believable. I'm convinced.

Now I know why his team got that juror to abort the trial and the media attacked Higgins. If he'd made the stand he'd be serving time in jail now.

Bloke is just being eviscerated on the stand. Lie after lie. He seems to keep forgetting which lie he's told.

I wonder who is paying his four high end lawyers....and why? Who and what does this fat rapey toad know and why is he being protected by conservatives?

Pakia Pakia wrote: ↑Thu Nov 23, 2023 11:13 pm They're trying to make up the immigration shortfall during COVID. They'll have projections of how much immigration is needed to prop up the tax base of an aging population.

As the population aged the cost of social and health services will increase.

They didn't have to make up the shortfall all at once and could have planned over 5 years.

Slim 293 wrote: ↑Thu Nov 23, 2023 11:13 pm

Thomas wrote: ↑Thu Nov 23, 2023 9:46 pm

Bindi wrote: ↑Thu Nov 23, 2023 10:22 am Bruce Lehrmann's story of what happened in Parliament House seems totally believable. I'm convinced.

Now I know why his team got that juror to abort the trial and the media attacked Higgins. If he'd made the stand he'd be serving time in jail now.

Bloke is just being eviscerated on the stand. Lie after lie. He seems to keep forgetting which lie he's told.

I wonder who is paying his four high end lawyers....and why? Who and what does this fat rapey toad know and why is he being protected by conservatives?

It’s incredible that as part of his defence in the defamation trial, he’s repeatedly stated that everyone knew it was him when the stories came out…

Er, why is that Bruce?

Why is it when the stories of a rape allegation came out everyone in the public service assumed it was you?

Pakia Pakia wrote: ↑Thu Nov 23, 2023 11:19 pm Given that Boomers are spending more there should be a mechanism to tax super withdrawals over certain amounts during times of inflation to stop spending.

Thomas wrote: ↑Thu Nov 23, 2023 11:22 pm

Slim 293 wrote: ↑Thu Nov 23, 2023 11:13 pm

Thomas wrote: ↑Thu Nov 23, 2023 9:46 pm

Now I know why his team got that juror to abort the trial and the media attacked Higgins. If he'd made the stand he'd be serving time in jail now.

Bloke is just being eviscerated on the stand. Lie after lie. He seems to keep forgetting which lie he's told.

I wonder who is paying his four high end lawyers....and why? Who and what does this fat rapey toad know and why is he being protected by conservatives?

It’s incredible that as part of his defence in the defamation trial, he’s repeatedly stated that everyone knew it was him when the stories came out…

Er, why is that Bruce?

Why is it when the stories of a rape allegation came out everyone in the public service assumed it was you?

I laughed when he said he was kicked out of numerous FB and WhatsApp chats because of the allegations. Uh, maybe they kicked you out because they all knew he was a rapey creep.

Pakia Pakia wrote: ↑Thu Nov 23, 2023 11:19 pm Given that Boomers are spending more there should be a mechanism to tax super withdrawals over certain amounts during times of inflation to stop spending.

ROLDY wrote: ↑Thu Nov 23, 2023 7:54 am
$70 a day?!? I’d love that.

It’s $215. I’ve got my 3 year old in 3 days, and we’ve got a nanny 5 days a week who looks after our 6mth old and the toddler when he’s not in.

Not enough free days at the daycare to get more for the oldest, and the youngest is too young for daycare just yet.

How much does a nanny cost in Sydney?
In Sydney most of the professional nannies on Find A Babysitter have rates listed at $30 - $35 per hour, with some at $40 per hour

Pat the Ex Mat wrote: ↑Fri Nov 24, 2023 12:00 am

ROLDY wrote: ↑Thu Nov 23, 2023 7:54 am
$70 a day?!? I’d love that.

It’s $215. I’ve got my 3 year old in 3 days, and we’ve got a nanny 5 days a week who looks after our 6mth old and the toddler when he’s not in.

Not enough free days at the daycare to get more for the oldest, and the youngest is too young for daycare just yet.

How much does a nanny cost in Sydney?
In Sydney most of the professional nannies on Find A Babysitter have rates listed at $30 - $35 per hour, with some at $40 per hour

Pat the Ex Mat wrote: ↑Fri Nov 24, 2023 12:00 am

ROLDY wrote: ↑Thu Nov 23, 2023 7:54 am
$70 a day?!? I’d love that.

It’s $215. I’ve got my 3 year old in 3 days, and we’ve got a nanny 5 days a week who looks after our 6mth old and the toddler when he’s not in.

Not enough free days at the daycare to get more for the oldest, and the youngest is too young for daycare just yet.

How much does a nanny cost in Sydney?
In Sydney most of the professional nannies on Find A Babysitter have rates listed at $30 - $35 per hour, with some at $40 per hour

Pat the Ex Mat wrote: ↑Thu Nov 23, 2023 11:56 pm

Pakia Pakia wrote: ↑Thu Nov 23, 2023 11:19 pm Given that Boomers are spending more there should be a mechanism to tax super withdrawals over certain amounts during times of inflation to stop spending.

Lol - are you an idiot?

What exactly would happen if this was stood up?

In the short term, the ALP would be voted out, and the LNP would get back in, make cuts to Super and then we'd be royally fucked as people retire.

You're one of those people who would probably vote for Trump aren't you?

No nuance to policy

Pat the Ex Mat wrote: ↑Fri Nov 24, 2023 12:49 am You first, Trumper

The tax will not be cut before the last election. Do you not follow MSM? They would be eviscerated and are playing Realpolitik to get in again and then potnetially cut it

Pakia Pakia wrote: ↑Fri Nov 24, 2023 12:44 am

Pat the Ex Mat wrote: ↑Thu Nov 23, 2023 11:56 pm

Pakia Pakia wrote: ↑Thu Nov 23, 2023 11:19 pm Given that Boomers are spending more there should be a mechanism to tax super withdrawals over certain amounts during times of inflation to stop spending.

Lol - are you an idiot?

What exactly would happen if this was stood up?

In the short term, the ALP would be voted out, and the LNP would get back in, make cuts to Super and then we'd be royally fucked as people retire.

You're one of those people who would probably vote for Trump aren't you?

No nuance to policy

You are one strange dude. I've suggested on this thread that child care should be free for all even though it doesn't benefit me. I've said I shouldn't be getting a $10k tax cut next year due to inflation. How in anyway would that make me a Trump voter?

Boomers are increasing their spending.

Why should everyone else have to cut their spending while Boomers continue to spend up?

What mechanism do you suggest to cut Boomer spending?

grievous wrote: ↑Fri Nov 24, 2023 1:00 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 12:44 am

Pat the Ex Mat wrote: ↑Thu Nov 23, 2023 11:56 pm

Lol - are you an idiot?

What exactly would happen if this was stood up?

In the short term, the ALP would be voted out, and the LNP would get back in, make cuts to Super and then we'd be royally fucked as people retire.

You're one of those people who would probably vote for Trump aren't you?

No nuance to policy

You are one strange dude. I've suggested on this thread that child care should be free for all even though it doesn't benefit me. I've said I shouldn't be getting a $10k tax cut next year due to inflation. How in anyway would that make me a Trump voter?

Boomers are increasing their spending.

Why should everyone else have to cut their spending while Boomers continue to spend up?

What mechanism do you suggest to cut Boomer spending?

The "Boomers" or people in a certain age bracket that have worked hard to enable a living in retirement...some well before super came in deserve to spend it however they like.
Just think about it in their shoes. Its a ridiculous suggestion outside of a student socialist club party meeting.

Pat the Ex Mat wrote: ↑Fri Nov 24, 2023 12:35 am No idea really, I chose not to have kids, but fully understand the social compact and support subsidised childcare.

It's literally a no brainer.

Good work by Labor today - you can see they had plans for it for a long time, but to avoid accusations of "Minor" victories from Pakia/JTah et al, they had to take their time

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:02 am

grievous wrote: ↑Fri Nov 24, 2023 1:00 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 12:44 am

You are one strange dude. I've suggested on this thread that child care should be free for all even though it doesn't benefit me. I've said I shouldn't be getting a $10k tax cut next year due to inflation. How in anyway would that make me a Trump voter?

Boomers are increasing their spending.

Why should everyone else have to cut their spending while Boomers continue to spend up?

What mechanism do you suggest to cut Boomer spending?

The "Boomers" or people in a certain age bracket that have worked hard to enable a living in retirement...some well before super came in deserve to spend it however they like.
Just think about it in their shoes. Its a ridiculous suggestion outside of a student socialist club party meeting.

How can it be socialist when Mat the expat thinks it's a Trump policy?

Everyone else is working hard too. Why should Boomers be the only ones that are allowed to continue spending when everyone else is having to cut back?

Pakia Pakia wrote: ↑Fri Nov 24, 2023 12:44 am

Pat the Ex Mat wrote: ↑Thu Nov 23, 2023 11:56 pm

Pakia Pakia wrote: ↑Thu Nov 23, 2023 11:19 pm Given that Boomers are spending more there should be a mechanism to tax super withdrawals over certain amounts during times of inflation to stop spending.

Lol - are you an idiot?

What exactly would happen if this was stood up?

In the short term, the ALP would be voted out, and the LNP would get back in, make cuts to Super and then we'd be royally fucked as people retire.

You're one of those people who would probably vote for Trump aren't you?

No nuance to policy

You are one strange dude. I've suggested on this thread that child care should be free for all even though it doesn't benefit me. I've said I shouldn't be getting a $10k tax cut next year due to inflation. How in anyway would that make me a Trump voter?

Boomers are increasing their spending.

grievous wrote: ↑Fri Nov 24, 2023 1:08 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:02 am

grievous wrote: ↑Fri Nov 24, 2023 1:00 am

The "Boomers" or people in a certain age bracket that have worked hard to enable a living in retirement...some well before super came in deserve to spend it however they like.
Just think about it in their shoes. Its a ridiculous suggestion outside of a student socialist club party meeting.

How can it be socialist when Mat the expat thinks it's a Trump policy?

Everyone else is working hard too. Why should Boomers be the only ones that are allowed to continue spending when everyone else is having to cut back?

That reference is ridiculous too.
A 20year old doesnt earn the benefits that someone that has worked hard all their life and paid their taxes, thats why.
Its gaa gaa to suggest any political party would go near that, well maybe the Greens knowing they will never rule and to cause a shitstink.

MungoMan wrote: ↑Fri Nov 24, 2023 1:25 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 12:44 am

Pat the Ex Mat wrote: ↑Thu Nov 23, 2023 11:56 pm

Lol - are you an idiot?

What exactly would happen if this was stood up?

In the short term, the ALP would be voted out, and the LNP would get back in, make cuts to Super and then we'd be royally fucked as people retire.

You're one of those people who would probably vote for Trump aren't you?

No nuance to policy

You are one strange dude. I've suggested on this thread that child care should be free for all even though it doesn't benefit me. I've said I shouldn't be getting a $10k tax cut next year due to inflation. How in anyway would that make me a Trump voter?

Boomers are increasing their spending.

I keep hearing this from you. Is there an echo in here?

Anyway, for the sake of clarity:
Are you asserting the nation's 58 to 77-year olds are, on average, spending more?
Spending more than who - those who were in the 58 to 77 age cohort, say, a decade ago?
Spending more than when - 20 years ago, a decade ago, during the covid lockdown stretch?
Are we talking real dollars or nominal dollars?

Also, source?

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:27 am

grievous wrote: ↑Fri Nov 24, 2023 1:08 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:02 am

How can it be socialist when Mat the expat thinks it's a Trump policy?

Everyone else is working hard too. Why should Boomers be the only ones that are allowed to continue spending when everyone else is having to cut back?

That reference is ridiculous too.
A 20year old doesnt earn the benefits that someone that has worked hard all their life and paid their taxes, thats why.
Its gaa gaa to suggest any political party would go near that, well maybe the Greens knowing they will never rule and to cause a shitstink.

It's can be proportional. There's already plenty of concessions for Boomers.

The Labour government wouldn't be the ones activating such a mechanism. It would be the Reserve Bank. All I'm saying is there should be additional mechanisms for the Reserve Bank to force people to cut spending. Labour can legislate to add additional mechanisms.

grievous wrote: ↑Fri Nov 24, 2023 3:01 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:27 am

grievous wrote: ↑Fri Nov 24, 2023 1:08 am

That reference is ridiculous too.
A 20year old doesnt earn the benefits that someone that has worked hard all their life and paid their taxes, thats why.
Its gaa gaa to suggest any political party would go near that, well maybe the Greens knowing they will never rule and to cause a shitstink.

It's can be proportional. There's already plenty of concessions for Boomers.

The Labour government wouldn't be the ones activating such a mechanism. It would be the Reserve Bank. All I'm saying is there should be additional mechanisms for the Reserve Bank to force people to cut spending. Labour can legislate to add additional mechanisms.

How would the Reserve bank do that? Its not my understanding that that is their role to set monetary policy through legislation.

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:02 am
How can it be socialist when Mat the expat thinks it's a Trump policy?

Everyone else is working hard too. Why should Boomers be the only ones that are allowed to continue spending when everyone else is having to cut back?

Pat the Ex Mat wrote: ↑Fri Nov 24, 2023 3:09 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:02 am
How can it be socialist when Mat the expat thinks it's a Trump policy?

Everyone else is working hard too. Why should Boomers be the only ones that are allowed to continue spending when everyone else is having to cut back?

You don't do comprehension well do you?

Your a Trumper as you just consume media from one source, and don't understand policy.

You also clearly don't understand Realpolitik either

Jtah wrote: ↑Fri Nov 24, 2023 3:42 am

Pat the Ex Mat wrote: ↑Fri Nov 24, 2023 3:09 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:02 am
How can it be socialist when Mat the expat thinks it's a Trump policy?

Everyone else is working hard too. Why should Boomers be the only ones that are allowed to continue spending when everyone else is having to cut back?

You don't do comprehension well do you?

Your a Trumper as you just consume media from one source, and don't understand policy.

You also clearly don't understand Realpolitik either

*you’re

No wonder people can’t comprehend your posts.

Pakia as a trumpist is absolutely laughable!

grievous wrote: ↑Fri Nov 24, 2023 4:07 am

Jtah wrote: ↑Fri Nov 24, 2023 3:42 am

Pat the Ex Mat wrote: ↑Fri Nov 24, 2023 3:09 am

You don't do comprehension well do you?

Your a Trumper as you just consume media from one source, and don't understand policy.

You also clearly don't understand Realpolitik either

*you’re

No wonder people can’t comprehend your posts.

Pakia as a trumpist is absolutely laughable!

Oh dear and from the self proclaimed grammar Nazi.

Jtah wrote: ↑Fri Nov 24, 2023 3:42 am

Pat the Ex Mat wrote: ↑Fri Nov 24, 2023 3:09 am

Pakia Pakia wrote: ↑Fri Nov 24, 2023 1:02 am
How can it be socialist when Mat the expat thinks it's a Trump policy?

Everyone else is working hard too. Why should Boomers be the only ones that are allowed to continue spending when everyone else is having to cut back?

You don't do comprehension well do you?

Your a Trumper as you just consume media from one source, and don't understand policy.

You also clearly don't understand Realpolitik either

*you’re

No wonder people can’t comprehend your posts.

Pakia as a trumpist is absolutely laughable!