Talking Politics

[22nd Man]

She's a bloody good parliamentarian you *smile*.

Yes she is ... doesn't mean she can't get all bitter in the heat of the moment.

 

[22nd Man]

Not sure Snake. I reckon this is all on Shorten. People just don’t like him and it’s obvious they haven’t taken to his “top end of town” rhetoric.

If they get a better leader they will be right back in it in 2022. That will be 9 years of Liberal government and it doesn’t generally go longer than that.

Liberal runs since Ww2.... 23, 7, 11, 6 now + 3 .... History doesn't predict they are gone next time.

 

[22nd Man]

'Far left minority'. Misrepresentation. The country is split down the middle. 1% decides the election. There are 21.8 million people who hate Dutton and his ilk, and 22.2 million who don't. Minority sure, but really is it? Do you honestly believe that the former are not mainstream Australia and the latter is? Whatever makes you feel good.

But it's not the same 1% each time.... It not like 49.5% of us are rusted on Lib and same number ALp with 1% flipping a coin each election. in a seat with a 4% swing, who knows maybe 10% swing that way and 6% the other.

Policies change but so does each voters circumstances....maybe not each and every election but every deCade or so as they go through life's stages.
Ive voted for both majors and several minor parties over the decades. Sometimes with the winner sometimes not.

My view on govt spending tends to prefer "better" spending than simply "more".

 

[MD Jazz]

Havent lived in Australia for the past 25 years .
Had a littke look at the results last night )))))))))).
Shorten can now p!ss off and take the dyke with you ....

Deported were you?

Should be banned from the site with so many offensive posts

 

[Sintiger]

Don't forget the franking credits,,,, impacts huge number of people now and many more in the not too distant future.people 60 and over vote and care about their vote.

Franking credits were to remain under Labor, the only thing that was to be changed was the cash redirection of tax paid by companies on the dividends paid to those with marginal tax rates less than the company tax rate.

Franking credits themselves were of course a Labor initiative under Hawke/Keating and all the ALP was planning to do was take it back to the original legislation which was to ensure taxes on profits paid as dividends were not taxed twice but were taxed at at least the company tax rate. Perfectly logical and fair as a policy but what they failed to do was provide a transition arrangement. What the LNP described as the retiree tax isn’t even a tax.

 

[easy_tiger]

Franking credits were to remain under Labor, the only thing that was to be changed was the cash redirection of tax paid by companies on the dividends paid to those with marginal tax rates less than the company tax rate.

Franking credits themselves were of course a Labor initiative under Hawke/Keating and all the ALP was planning to do was take it back to the original legislation which was to ensure taxes on profits paid as dividends were not taxed twice but were taxed at at least the company tax rate. Perfectly logical and fair as a policy but what they failed to do was provide a transition arrangement. What the LNP described as the retiree tax isn’t even a tax.

Labours big, naive and honourable mistake,

was to run a fair, transparent and honest campaign.

The LNP's bald-faced lying (death taxes?)

will ensure,

that the final vestiges of integrity in politics,

are a thing of the past.

Did anyone pick up that their decent tax cut that middle Australia was so greedy for ($10K if youre on $200k),

is budgeted for financial year 2022.

that's beyond this term of government.

they campaigned with a not very slight, slight of hand.

keep an eye out for the policy payback on Palmers seatless $80m spend.

LNP ran a masterful tactical campaign with two central and simple pillars

1. Gag all the rightwing nutcases - they say nothing and don't appear anywhere for 6 weeks, and

2. Avoid the truth at all costs, and

3. ScoMo is not to jog under any circumstances.

:clap. genius similar to Ploughs Footscray V Essendon win

 

[tigerman]

Franking credits were to remain under Labor, the only thing that was to be changed was the cash redirection of tax paid by companies on the dividends paid to those with marginal tax rates less than the company tax rate.

Franking credits themselves were of course a Labor initiative under Hawke/Keating and all the ALP was planning to do was take it back to the original legislation which was to ensure taxes on profits paid as dividends were not taxed twice but were taxed at at least the company tax rate. Perfectly logical and fair as a policy but what they failed to do was provide a transition arrangement. What the LNP described as the retiree tax isn’t even a tax.

I wonder if there is any info out there on how many people ripped money out of their family trusts etc when Howard and Costello gave themselves, and others the opportunity to line their pockets with great big cash dividends through refundable franking credits. They didn't just put their snout in the trough, they put both feet in as well.

Australia is the only country in the world with refundable franking credits, they can't do it in the USA and they are the best of the best at dodging tax.

 

[tigerman]

keep an eye out for the policy payback on Palmers seatless $80m spend.

It will probably happen with a reversal of the decision refusing him to build a rail line to carry his coal in the Galilee Basin, it will be the best $80 million Mud Guts has ever spent easy.

 

[Ian4]

Pretty dark day for australia culturally.

We put franking credits and $5 a week tax break ahead of

Health, education, our environment and reconciliation with black australia.

Scomo sipped a schooner significantly less awkwardly than shorten jogged.

What happens now?

Well we are *smile*ed. The nationals killed the murray river, and won more seats. The Indian bloke the queenslanders want WILL kill the reef. But whats a river and a reef?

Black fellas are just as dumb as the rest of us. They swung 7% to liberal in Lignari, despite labour laying on the table to legislate for black policy power.

What have labour got? Their best talent are gay and girls. Kristina keneally has the mettle, even the looks to slip murdochs muck. But shes a senator.

It'll be Elbows, whose more scomo than scomo.

We'll all just get sh!tter and crapper and hate each other more.

But our franking credits should be right.

all of this is right, but the worst thing of all is that the australian public have refused to make this government accountable for its actions. I thought Gillard was a very good PM, but Labor deserved to lose in 2013 due to all the dysfunction and instability. The Liberals deserved to lose on saturday for the same reasons. Plus they were a terrible government on top of that. It has set a very bad precedent for the future. The Libs know they can win again by getting the public to ignore their failings by scaring them into believing the motto "better the devil you know."

And as a result, I am done with politics. No more passion coming from me. I'm gonna be apathetic to it all, much like 95% of the country. the word disillusioned isn't strong enough to describe how i feel.

 

[IanG]

Kevin's Rudd last act of sabotage was to push that rule through about future leader changes. Basically handcuffed Shorten in the leadership unless he walked.

The ALP had the chance to oust Shorten after the previous election, Rudd's rules were irrelevant.

Australia got it right in 2019. Let's see if the supporters and the opposition get it right next time. Got three years to figure it out.

We won't actually know that for another 3 years but I personally think we'll be heading into recession.

Actually Morrison put himself in the crosshairs and backed himself as the face of the Liberals.

With no policies beyond tax cuts. Thats the definition of a small target. You may as well say Shorten put himself in the crosshairs as well.

 

[Harry]

Labour promised alot. People are scared of change. Should have just stuck to playing the man.

 

[tigertim]

Oh well, Chris Bowen did advise people “are perfectly entitled to vote against us” if they didn’t like a policy. So they did. Own goal right there.

 

[IanG]

Don't forget the franking credits,,,, impacts huge number of people now and many more in the not too distant future.people 60 and over vote and care about their vote.

It actually wouldn't have impacted a huge amount of people but getting this message across was definitely a failure of the campaign.

 

[easy_tiger]

I am done with politics. No more passion coming from me.

Thats how I felt all weekend, but I've dusted myself off.

Im gonna paint 'cowboys for coral' on the ute

and head into the deep north

and lock onto palmers train, or Adanis dragline.

 

[tigertim]

And as a result, I am done with politics. No more passion coming from me. I'm gonna be apathetic to it all, much like 95% of the country. the word disillusioned isn't strong enough to describe how i feel.

Geez Binman, 2 months ago you said this:

how good is Australian politics right now? the Libs smashed in Victoria and resigned to at least 2 more terms in the wilderness. The Libs on track to lose in NSW. and we're on the verge of seeing the biggest federal election wipeout in many a year.

and good look to the schookids in their protest today.

 

[Baloo]

Shame Dutton stayed. Happy Abbott is out. Those two are the ugly face of politics in this country and without them the country would be in a better place. De Natale in the same camp but inconsequential really.

Had Bishop been in charge of the Libs the result would have sat more comfortable with a lot more people.

But hey, little chance of ScoMo knighting another British royal so all's not that bad.

 

[AngryAnt]

Actually Morrison put himself in the crosshairs and backed himself as the face of the Liberals.

I don't disagree. He minimised all LNP policy discussion (small target), made sure none of his ministers campaigned (small target) and made it all about him and Shorten, then shot holes in the big policy platform offered by Labor.

It worked, one has to say.

 

[easy_tiger]

Shame Dutton stayed. Happy Abbott is out. Those two are the ugly face of politics in this country and without them the country would be in a better place. De Natale in the same camp but inconsequential really.

Please read no antagonism into this question Baloo,

just genuinely curiousity.

Can you explain how you view De Natale as equally nasty and destructive as Abbott and Dutton?

I get why people don't vote greens, I rarely do in the HOR,

but I just don't get the hatred and vitriole towards them.

 

[tigerman]

Please read no antagonism into this question Baloo,

just genuinely curiousity.

Can you explain how you view De Natale as equally nasty and destructive as Abbott and Dutton?

I get why people don't vote greens, I rarely do in the HOR,

but I just don't get the hatred and vitriole towards them.

I can't speak for Baloo, but i despise the Greens for their refusal to support Rudd's Emission Trading Scheme. When the proposed legislation was ready to be voted on, the next election was not far away. So even though an ETS was what they wanted they voted against it, they voted with the Libs!!!!

They reckon they voted with the Libs because it didn't go far enough :rofl

The real reason was because they thought that they would clean up at the next election. They played dirty, grubby politics which has had a massive impact politically on the Labor party and environmentally.

 

[MD Jazz]

It actually wouldn't have impacted a huge amount of people but getting this message across was definitely a failure of the campaign.

Yeh, if people understood who was benefitting most from this policy, and how franking refunds work right now, they may have thought differently.

I worked in tax and know businesses who have benefited from the tax breaks associated with super:

1. getting funds into super ($100K deductible contributions were available generally saving the company/individual at least $15,000 per year in tax)
2. getting personal tax refunds from fully franked dividends being paid to themselves (which is essentially getting a refund for prior years company tax payments)
3. superfunds operate in a reduced tax environment when in accumulation phase. So getting funds in there is a no brainer instead of holding it in your own name/company name.
4. superfunds convert to tax-free on retirement (certain conditions but essentially an individual can have a $1.6M balance and the earnings on that money is tax free). So a fund with $1.6M can conservatively earn its member $80K and it is tax free. If the fund has shares in companies paying FF dividends it can generate refunds for the fund. And if that individual had dividend income they could also get a tax refund if that was their only taxable income0 (generally super amounts paid in retirement are not taxable income).

The generous concessions enabled people (who could afford it) to get large amounts into super whilst reducing that years tax bill. The earnings on those funds are then in a lower tax environment. And ultimately tax-free when the member retires. (subject to the $1.6M threshold)

It was way too generous, and was only available to those making significant profits who could afford it.