|
Jumpingmanjim posted:It's a levy to pay for a system that's supposed to ensure the solvency of the banks. It shouldn't be encouraging withdrawals. That's rather self defeating. If it encourages withdrawals en masse, won't that prompt the banks to offer a better incentive to keep your money with them?
|
#
?
Mar 30, 2015 02:51
|
|
|
|
| # ? May 26, 2024 15:31 |
|
|
Graic Gabtar posted:http://www.abc.net.au/news/2015-03-30/thompson-shouldn27t-face-civil-trial-due-to-serious-mental-hea/6358222 Eh.... I wouldn't dismiss it outright. When I worked in the courts one thing I noticed is being on the arse end of court action can really crush people. Like even civil trials often end up with plantifs weeping and behaving erratically, just because theres so much at stake and most people aren't as emotionally strong as they think they are. Criminal cases are worse though. A not uncommon way for a criminal case (particularly homicide and child sex abuse cases) to be aborted is because the defendant has straight up topped himself and theres nobody to prosecute anymore
|
|
#
?
Mar 30, 2015 02:52
|
|
|
norp posted:What I was getting at was that the only people who have to pay this tax will be those with no net debt on their personal balance sheet. First thing that came to mind was people living hand to mouth, but retirees commonly have large cash balances to avoid risk which would have been the better example. If it negatively affects retirees with large cash balances I just assume it won't make it through the legislature anyway, or if it does it'll utterly torpedo the LNP's credibility with their biggest source of swing voters so either way I'm ok with it in the context its been explained here.
|
|
#
?
Mar 30, 2015 02:54
|
|
|
Les Affaires posted:If it encourages withdrawals en masse, won't that prompt the banks to offer a better incentive to keep your money with them? Banks have been offering lousy interest rates on savings for ages now and no one makes a fuss. I'd be happy to be surprised though, imagine if the deposit levy finally got people paying attention and thinking about switching banks.
|
|
#
?
Mar 30, 2015 02:56
|
|
|
Amoeba102 posted:Cash deposits in mattresses will go up, I guess. Despite it being a worse option than leaving it in the bank - unless you for some reason have it sitting in an effectively 0% interest account. The only way to adjust income tax is to raise it and/or introduce higher brackets. This would be an acknowledgement that the Howard government introduced the structural deficit we have in the budget.
|
|
#
?
Mar 30, 2015 02:57
|
|
|
Nibbles! posted:The only way to adjust income tax is to raise it and/or introduce higher brackets. This would be an acknowledgement that the Howard government introduced the structural deficit we have in the budget. No, no he didn't. Saint Howard was perfect. Labor broke the bank and that's why we have to do this, if they'd just kept up with Howard's policies of surplus and tax cuts we'd be fine.
|
|
#
?
Mar 30, 2015 03:00
|
|
|
http://greenagenda.org.au/2015/03/the-oldest-game-in-town/ Scott Ludlam wrote a pretty good essay about cities. Worth your time. Scottie L posted:Cities are where our species will probably stand or fall this century. Half the global population, and growing; seventy percent of greenhouse gas emissions, and growing. Command centers of political and cultural power; hubs of commerce and innovation, improvised sprawl assemblages of disease and poverty. Cities are simultaneously intergenerational colonial structures of tarmac and steel ramifying across the landscape as the decades turn, and places of grace and creativity where time spent with our extended human family teaches us the meaning of community. They are places where economic and social inequality are given concrete, seemingly immovable expression in housing typologies, service delivery and quality of life. Cities can lift our eyes towards the stars, bring us together or crush us with loneliness; we shape our cities, the saying goes, and then they shape us.
|
|
#
?
Mar 30, 2015 03:01
|
|
|
- Retirees with large cash balances have an incentive for the RBA interest rate to rise; - The RBA won't raise interest rates until the economy is doing better; - The economy won't do better until business and consumer confidence is higher; - Consumer confidence won't get higher until we all know we will have jobs in the future and more steady amounts of disposable income to spend; - Business confidence won't get higher until there's more certainty about what opportunities present themselves for investment; - More and better paid jobs require demand from business; - Business requires demand from consumers and government; If consumers won't provide the demand until they have more security, who do you think should be providing demand then?
|
|
#
?
Mar 30, 2015 03:01
|
|
|
duck monster posted:Eh.... I wouldn't dismiss it outright. When I worked in the courts one thing I noticed is being on the arse end of court action can really crush people. Like even civil trials often end up with plantifs weeping and behaving erratically, just because theres so much at stake and most people aren't as emotionally strong as they think they are. Thompson has though put on theatrics in the past in an attempt to weasel out of his own predicaments. As fragile as his own state be his histor cannot be denied. If he is so afflicted the judge should not be allowing him to represent himself and he should be assessed.
|
|
#
?
Mar 30, 2015 03:02
|
|
|
Les Affaires posted:- Retirees with large cash balances have an incentive for the RBA interest rate to rise; The government, isn't that the basic tenet of Keynesianism?
|
|
#
?
Mar 30, 2015 03:09
|
|
|
Les Affaires posted:Just (casually) reading the Rio Tinto 2014 annual report, they have about 12b in cash and cash equivalents. If they hold all of that in cash, and all of it was held in Australia, that's $6m in extra revenue to the government. While a 100% scenario is unlikely, a fair majority of it would need to be held here just to pay for operating the business. That's not a lot of revenue for the amount of political capital they're going to have to spend implementing it, though. The banks are against it (some of the most powerful institutions in Australia) and it's very easy to run attack ads that just say "TAXING ARE HARDWORKING FAMILIES EVERY TIME THEY HAVE TO BUY FOOD MISTER SPEAKER", such as the LNP did when the ALP proposed this last term.
|
|
#
?
Mar 30, 2015 03:24
|
|
|
https://www.youtube.com/watch?v=SNwgjVzkT-I
|
|
#
?
Mar 30, 2015 03:30
|
|
|
Murodese posted:That's not a lot of revenue for the amount of political capital they're going to have to spend implementing it, though. The banks are against it (some of the most powerful institutions in Australia) and it's very easy to run attack ads that just say "TAXING ARE HARDWORKING FAMILIES EVERY TIME THEY HAVE TO BUY FOOD MISTER SPEAKER", such as the LNP did when the ALP proposed this last term. Nope. The only thing that trumps industry attack ads is whether the opposition gets on board to do the same. How likely do you think it is that the ALP will oppose this measure? The fact that Bowen has been on air calling them hypocritical is telling - it's safer to call the government hypocrits if you agree with the measure, than to outright oppose the measure in the first place.
|
|
#
?
Mar 30, 2015 03:32
|
|
|
They're going to get shitslammed if they raise the GST as suggested on the ABC this morning, as well - the ads for that would be hilariously easy. $550 a year from the carbon tax is nothing compared to 5% on every single purchase made throughout the year.
|
|
#
?
Mar 30, 2015 03:36
|
|
|
Raising the GST is a much bigger deal because it gets the states involved as well. Doing it without running an election campaign on it would be a loving mess.
|
|
#
?
Mar 30, 2015 03:39
|
|
|
Murodese posted:They're going to get shitslammed if they raise the GST as suggested on the ABC this morning, as well - the ads for that would be hilariously easy. $550 a year from the carbon tax is nothing compared to 5% on every single purchase made throughout the year. What the LNP will likely do is shovel more into the GST category. Unless it still has dirt on it or blood dripping off it it will probably end up attracting a GST.
|
|
#
?
Mar 30, 2015 03:41
|
|
|
Graic Gabtar posted:The 10% GST rate is arguably the third rail of Australian politics. Let's hope Joe is dumb enough to touch it. To be hideously flippant, would that mean the LNP would *remove* the GST from female sanitary products?
|
|
#
?
Mar 30, 2015 03:47
|
|
|
Graic Gabtar posted:If he is so afflicted the judge should not be allowing him to represent himself and he should be assessed. If the judge thinks this is necessary, then its exactly what will happen, the court will arange a legal aid lawyer, and if necessary suspend proceedings until he's healthy again, which is possibly indefinately if he's truly bonkers. That said anything like that will go through a court appointed forensic psychologist first, and they tend to be fairly pro at spotting people faking out the insanity defence. As this is a civil case, the judge isn't going to let a guy get crushed because he's having a hard time. Civil cases are *not* about guilty vs innocent, but rather resolving a dispute, and if the dispute can't be resolved because one plantif is barking, then it'll get put on the backburner until thats not the case anymore, and likely the judge would be pushing things toward arbitration anyway. It does sound like, however, the judge isn't completely convinced (Although its possible this is all a setup to enable appeals). Frankly the dude should get a good lawyer or he's going to end up living in a box. duck monster fucked around with this message at 03:54 on Mar 30, 2015 |
|
#
?
Mar 30, 2015 03:48
|
|
|
Tim Blair tearsTEARS posted:Green in my seat ignites an itch for pedantry oh my god so glorious, cry more you gigantic child
|
|
#
?
Mar 30, 2015 03:58
|
|
Waaaah the Christians are out to get me
|
duck monster posted:Frankly the dude should get a good lawyer or he's going to end up living in a box. I think we all agree though no-one wants to see people necking themselves over money or a legal process.
|
|
#
?
Mar 30, 2015 04:00
|
|
|
Quantum Mechanic posted:Tim Blair tears Amazing.
|
|
#
?
Mar 30, 2015 04:00
|
|
|
Jesus why are they still raking him over the coals after all these years. Get over it people.
|
|
#
?
Mar 30, 2015 04:01
|
|
|
Quantum Mechanic posted:Tim Blair tears
|
|
#
?
Mar 30, 2015 04:06
|
|
|
Remember that Tim Blair when he went to Lakemba and whinged about how all the Muslims, what other suburbs do you think they should send him to next?
|
|
#
?
Mar 30, 2015 04:11
|
|
|
Quantum Mechanic posted:Tim Blair tears Ahaaa gently caress you tim blair hahahahah
|
|
#
?
Mar 30, 2015 04:11
|
|
|
Quantum Mechanic posted:Tim Blair tears "The Greens used to be persistent and annoying, and that was bad. Now they're quietly confident and stopped wasting my time, and that's worse." EDIT: He should go to Elizabeth and talk about the dole bludgers.
|
|
#
?
Mar 30, 2015 04:16
|
|
|
Quantum Mechanic posted:Tim Blair tears Holy poo poo. I love that quip about "evangelist mode". When doorknocking if they aren't interested you just move on to the next house, it's a waste of time trying to convert people.
|
|
#
?
Mar 30, 2015 04:19
|
|
|
On the latest in the Thompson affair. What are they suing for? If it is to recover the funds he was convicted of stealing, why not do that as part of the sentencing phase of the trial? Also what does fair work have to do with it, did he steal from them? If he was convicted of stealing in the magistrates court, then shouldn't the same venue deal with civil claims about the same matters at least? It makes no sense.
|
|
#
?
Mar 30, 2015 04:20
|
|
|
Timbo's let himself down badly there as that bile was just shite. I'd ask how it got published but, yeah.
|
|
#
?
Mar 30, 2015 04:21
|
|
|
"Some of those kids in the picture will one day get a job and start to pay taxes and a mortgage and support a family and so on . Then they will realise how bad the Greens policies are and changeover to the Libs . The rest however will remain un washed and stupid ." "The sooner we realise that Greens and Democracy is incompatible, the better. We shouldn't be celebrating the slow and painful death of labor, because the alternative is deadly, and never, ever in the interest of the west."
|
|
#
?
Mar 30, 2015 04:34
|
|
|
"Exactly!! I left school in at 14, and Im pretty sure I run circles around most of the GP's and scieintists Ive ever speaked to."
|
|
#
?
Mar 30, 2015 04:39
|
|
|
When I was doorknocking for the greens I was often asked if I'd ever had a "real" job. They were surprised that I worked in oil and gas. Tim Blair: "Take this I'm going to be an informed and active participant in our democracy, that'll sure burn those stupid greenies who have been pushing for more people to be informed and active participants in our democracy."
|
|
#
?
Mar 30, 2015 04:41
|
|
|
Tim Blair is going to become the Jasper character from Mad As Hell.
|
|
#
?
Mar 30, 2015 04:45
|
|
|
Freudian Slip posted:"Exactly!! I left school in at 14, and Im pretty sure I run circles around most of the GP's and scieintists Ive ever speaked to." I honestly do not comprehend how the loving stupidest people get it into their heads that they're smarter than everyone else. Where does that idea come from?
|
|
#
?
Mar 30, 2015 04:47
|
|
|
BBJoey posted:I honestly do not comprehend how the loving stupidest people get it into their heads that they're smarter than everyone else. Where does that idea come from? http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
|
|
#
?
Mar 30, 2015 04:52
|
|
|
BBJoey posted:I honestly do not comprehend how the loving stupidest people get it into their heads that they're smarter than everyone else. Where does that idea come from? Their biology, evidentily. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
|
|
#
?
Mar 30, 2015 04:52
|
|
|
GoldStandardConure posted:Tim Blair is going to become the Jasper character from Mad As Hell. I just went back to read parts of the article in Jasper's voice, and I heartily recommend doing so.
|
|
#
?
Mar 30, 2015 04:53
|
|
|
xPanda posted:Their biology, evidentily. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect I must be super smart on account of my self assessment being "terrible at literally everything".
|
|
#
?
Mar 30, 2015 04:55
|
|
|
BBJoey posted:I honestly do not comprehend how the loving stupidest people get it into their heads that they're smarter than everyone else. Where does that idea come from? An education system that rewards rote memorisation rather than understanding and critical thinking.
|
|
#
?
Mar 30, 2015 05:03
|
|
|
|
| # ? May 26, 2024 15:31 |
|
|
hi thread i just got back from nine days in nsw where we won a record number of seats did i miss anything
|
|
#
?
Mar 30, 2015 05:06
|
|
