tag:blogger.com,1999:blog-24338064.post1077703240118534957..comments2024-02-11T19:28:27.997+11:00Comments on Personal Reflections: What can we expect of a new Coalition Government?Jim Belshawhttp://www.blogger.com/profile/10075614280789984767noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-24338064.post-68617313348807000272013-09-08T00:00:46.893+10:002013-09-08T00:00:46.893+10:00http://resources3.news.com.au/images/2013/09/07/12...http://resources3.news.com.au/images/2013/09/07/1226714/326631-df1b2e7c-17a9-11e3-9fa3-c39d77fdbb32.jpg<br /><br />Gina Rinehart seen at Barnaby Joyce's party. I dread whatever they're cooking up together for New England.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24338064.post-34182515131593671312013-09-06T23:37:36.616+10:002013-09-06T23:37:36.616+10:00Ahh those jolly Queenslanders' you've just...Ahh those jolly Queenslanders' you've just gotta love em.<br /><br />Cheers Jim Augustus WinstonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-24338064.post-34092154036281217322013-09-06T16:22:13.200+10:002013-09-06T16:22:13.200+10:00Evan, while you and I don't always agree on po...Evan, while you and I don't always agree on politics, there is something mean spirited about this campaign. <br /><br />Scott, you are clearly in Evan's camp! I know where you are coming from. <br /><br />Augustus, you will be pleased to hear that there has been a last minute surge of support for PUP in Queensland. The undecided have been deciding and they have carried PUP support to over 10%! Jim Belshawhttps://www.blogger.com/profile/10075614280789984767noreply@blogger.comtag:blogger.com,1999:blog-24338064.post-82313344988300636482013-09-06T12:26:21.968+10:002013-09-06T12:26:21.968+10:00Imagine a world where Clive Palmer is Prime Minist...Imagine a world where Clive Palmer is Prime Minister and Abbott and Rudd have to share the opposition. I don't know about you but I think this country needs a good shake up. I think it would be good. I am sick of Abbott's carefully measured responses verses Rudd's insincere phony platitudes. This country is run on bread and circuses so lets have a real clown at the top.<br /> <br />This arrogant assumption that we have a real choice of two parties only riles me. I personally would love to see the major parties licking their collective wounds after being soundly rejected by the voting public. What are they going to say, that the public got it wrong? And who cares if Palmer stuffs up the economy. According to Abbott its already stuffed and according to Rudd the Libs will stuff it up if they win.<br /><br />So what have we got to lose? I for one reckon it would be worth 3 years of mayhem just to see the look on their faces as they realise that neither of them will be governing the country. <br /><br />And of course there would be cries and accusations of a miss-count or some other rot, because at the heart of it their expectation is that they are born to rule and any other alternative is unthinkable.<br /> <br />In this election more than any other we have been privy to the internal machinations of how the political process works during election time, thanks to the multi-media platforms widely used today and blogs such as this one. And frankly it turns me off. Just like journo's who cosy up to politicians whilst they invite her into their homes and prepare their home cooked meals. How can we ever take her seriously again. Why doesn't she go skiing with Putin and expound the virtues of Russian democracy.<br /><br />So I'm almost out rant but let me leave you with this observation. After Saturday it will be more of the same cutbacks back flips and broken promises. <br /><br />To borrow from the Liberals line "Whoever wins we lose".<br /><br />Cheers Jim<br />Augustus Winston <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24338064.post-78969603043248985942013-09-06T12:11:04.892+10:002013-09-06T12:11:04.892+10:005-Pillar economy = manufacturing innovation, advan...5-Pillar economy = manufacturing innovation, advanced services, agriculture, education and research and mining exports.<br /><br />>the Coalition stands as always for savage cuts to education, especially TAFE which is despised as a Labor creation.<br /><br />These cuts will harm manufacturing innovation, agricultural innovation, and research, leaving us with only a mining industry using more and more foreign workers as the skills are lacking here. But who cares? The cuts mean we can afford tax breaks for Australia's richest citizens, and that's all the Coalition really cares about.<br /><br />The Coalition is possessed of a fierce hatred of the poor, and as such likely to increase the Work For The Dole from 17 hours a week to 30 or more as seen in England. Isn't it our moral obligation to resist regimes that impose slavery?Scott Hastingsnoreply@blogger.comtag:blogger.com,1999:blog-24338064.post-64661753729391787462013-09-06T10:32:32.748+10:002013-09-06T10:32:32.748+10:00I predict the viciousness to asylum seekers will c...I predict the viciousness to asylum seekers will continue.<br /><br />I predict neo-liberal economic tosh will continue to prevail.<br /><br />I predict 'productivity improvements' will be code for stripping away workers wages and conditions and nothing will be done about the education and capital input side of productivity improvements.<br /><br />I predict the racist Intervention will continue.<br /><br />I predict the burden of the cuts will fall on the poor and concessions for the wealthy will continue.<br /><br />And I think this will be true of whichever major wins government.Evanhttps://www.blogger.com/profile/13355215688351759230noreply@blogger.comtag:blogger.com,1999:blog-24338064.post-68947204398571849102013-09-06T05:21:19.534+10:002013-09-06T05:21:19.534+10:00I share that annoyance, kvd!I share that annoyance, kvd!Jim Belshawhttps://www.blogger.com/profile/10075614280789984767noreply@blogger.comtag:blogger.com,1999:blog-24338064.post-71624256767198378582013-09-05T18:54:47.508+10:002013-09-05T18:54:47.508+10:00Jim
'Taxes on Income' 2011-2012 totalled ...Jim<br /><br />'Taxes on Income' 2011-2012 totalled $230,871 Million - according to Aus Bureau of Stats.<br /><br />From same document, the split between individuals and 'enterprises' (yes, I know that doesn't just mean companies) was 2:1 i.e. 'enterprises' raised 1/3rd of that rather large figure above.<br /><br />So, if you divide that resulting figure by 30 (existing rate) and multiply by 1.5 (proposed cut) I make the 1.5% reduction as $3.8Bn for 'non individuals'. Remember this is 2011-12 stats.<br /><br />Yet the Lib papers seem to suggest that a cut of 1.5% in 2015 is $400M? <br /><br />For mine, I think they are rather closer to the mark with their fiscal 2017 figure of $4.2Bn<br /><br />Maybe, somewhere buried, they are offsetting the individual tax collection from the PPL itself - but then how you get variances from $400M to $4.2Bn over a couple of years is a further puzzle.<br /><br />kvd<br />ps I am sure it's all correct; just annoyed with myself that I can't follow it.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24338064.post-63729179163937979382013-09-05T18:30:18.425+10:002013-09-05T18:30:18.425+10:00There are always surprises at the electoral level,...There are always surprises at the electoral level, kvd.<br /><br />Thanks for the costings link. Have tweeted it and will bring it up here as well.<br /><br />On the PPL, I don't understand them either. However, here is a possible explanation. The 1.5% levy is based on estimated company profits. Once levied, it reduces company profits and hence tax revenues and the value of the 1.5% cut. Jim Belshawhttps://www.blogger.com/profile/10075614280789984767noreply@blogger.comtag:blogger.com,1999:blog-24338064.post-51057488161346991722013-09-05T18:10:22.313+10:002013-09-05T18:10:22.313+10:00Just looking at the PPL tax levy/offset line items...Just looking at the PPL tax levy/offset line items:<br /><br />F-14 F-15 F-16 F-17<br /><br />Item 3.5 Levy of 1.5% on company taxable income above $5M<br /><br />0 +300 +300 +3800 total +$4400M<br /><br />Item 7.23 Reduce Company Tax by 1.5%<br /><br />0 -400 -300 -4200 total -$4900M<br /><br />So in summary,<br /><br />fiscal 2014 net cost is $0M<br />fiscal 2015 net cost $100<br />fiscal 2016 net cost $0M<br />fiscal 2017 net cost $400M<br /><br />I do not understand these figures - as to the size, or the variations year on year.<br /><br />kvdAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-24338064.post-12217368268593446272013-09-05T17:02:53.312+10:002013-09-05T17:02:53.312+10:00Probably better sources, but this is supposed to b...Probably better sources, but this is supposed to be the 'Liberal Costings':<br /><br />http://lpaweb-static.s3.amazonaws.com/2013%2009%2005%20TABLE.pdf<br /><br />- as referenced by the Daily Tele<br /><br />kvdAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-24338064.post-60103436330864583932013-09-05T09:05:58.131+10:002013-09-05T09:05:58.131+10:00Hi Jim
While I along with most voters 'expect...Hi Jim<br /><br />While I along with most voters 'expect' a LNP win on Saturday, I have to wonder about your 'possible Liberal in their own right' suggestion. I accept polling data is usually accurate the night before the vote, but think even today it is quite hairy to place much faith in their results.<br /><br />There was a Reachtel poll (telephone, of 3,698 voters - weighted as per 2010 election results, etc., etc.) which I would cut up as Lab 49% LNP 50.9 - 2PP. I got those figures by allocating PUP 75% to Labor; Greens 80% to Labour; Katter 50/50 split.<br /><br />I think telephone polling is on the way out simply because fixed landlines are on the way out. The frustrating thing is these companies never provide the raw demographics. And to base their preference analysis on 2010 when neither PUP or Katter existed is fraught.<br /><br />So, I'm agreeing with your overview, but am thinking the result will be closer than the present headlines would have us believe. Or maybe they will become self-fulfilling?<br /><br />kvdAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-24338064.post-42832113225790745432013-09-04T20:45:19.407+10:002013-09-04T20:45:19.407+10:00Difficult to know, Winton! Just my best guess! Difficult to know, Winton! Just my best guess! Jim Belshawhttps://www.blogger.com/profile/10075614280789984767noreply@blogger.comtag:blogger.com,1999:blog-24338064.post-3815203607332267722013-09-04T20:16:01.187+10:002013-09-04T20:16:01.187+10:00I hope you are right, Jim. That outcome would not ...I hope you are right, Jim. That outcome would not be too bad in my view.Winton Bateshttps://www.blogger.com/profile/07383561940886657594noreply@blogger.com