Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Locked thread
Senor Tron
May 26, 2006



I hate this witch hunt kind of crap. Obviously investigate and analyse to see if anything could have been done differently, but unless anyone was grossly negligent it's way too easy to rely on hindsight.

Adbot
ADBOT LOVES YOU

Solemn Sloth
Jul 11, 2015

Baby you can shout at me,
But you can't need my eyes.

the government should mandate minimum home loan interest rates - a nazi

fiery_valkyrie
Mar 26, 2003

I'm proud of you, Bender. Sure, you lost. You lost bad. But the important thing is I beat up someone who hurt my feelings in high school.

Senor Tron posted:

I hate this witch hunt kind of crap. Obviously investigate and analyse to see if anything could have been done differently, but unless anyone was grossly negligent it's way too easy to rely on hindsight.

From what I've read from the inquest grossly negligent would sum it up.

Recoome
Nov 9, 2013

Matter of fact, I'm salty now.

Solemn Sloth posted:

the government should mandate minimum home loan interest rates - a nazi

Yeah look it's dumb because my understanding is that the banks charge a fee which reflects the "interest", so it's not actually an advantage.

norp
Jan 20, 2004

TRUMP TRUMP TRUMP

let's invade New Zealand, they have oil

Recoome posted:

Yeah look it's dumb because my understanding is that the banks charge a fee which reflects the "interest", so it's not actually an advantage.

I understood it that it's just compounding interest that's against the rules

Grumio
Sep 20, 2001

in culina est
JOBS AND GROWLITH



- M. Turnbull

Urcher
Jun 16, 2006


Word cloud for May:



2016: JFMAM

2015: JFMAMJJASOND

2014: JFMAMJJASOND

2013: AMJJASOND

Highlights from last month's thread:

norp posted:

There are two things you are voting for; House of Representatives and senate

HOR: this is your state's representative, it's proportional and the two local teams they couldn't have raised a big chunk of cash, interest rates are low and they are super profitable.

Recoome posted:

honestly i'd like to know what they were thinking when the TBC (somewhat of a UPF ofshoot) organised a rally in Coburg, of all places. Either they knew that this was going to be a big turnout, to be the outcome, and they wanted to come off like it's a limited scope program that probably wouldn't get funded beyond the 12 or so electorates they want to put out (Rally against the left-wing isn't that great, no real temporal proximity). In any case, they weren't likely to get any local support, and the locals were pretty annoyed that a bunch of duders were bussing it in to fight. They should've held it in the Perth area.

Solemn Sloth posted:

A centrepiece of his own reds under the bed campaign against the man who does not exist; the unreal does not act on his renounced glory and tormented soul, a mystic God with some incomprehensible design or any passer-by whose rotting sores are held as some inexplicable claim upon him-it does not hold his own mind and inducing an inner fog to escape from your leaders’ attempt to evade that effort. But you are hearing it now. I told them the nature of atmospheric electricity permit it to be planted in soil in order to save his life-right or wrong? Is a man’s mind, a mind of others and no man may start-the use of force, is a stalled machine slowly going to meltdown during a meltdown

Amoeba102
Jan 22, 2010

Vote maybe.

Solemn Sloth
Jul 11, 2015

Baby you can shout at me,
But you can't need my eyes.
I thought you randomised the best of posts but you just directly quoted mine :confused:

MiniSune
Sep 16, 2003

Smart like Dodo!

Amoeba102 posted:

Vote Wizard Master

Amoeba102
Jan 22, 2010

Liberals paid Negligent.

Urcher
Jun 16, 2006


Solemn Sloth posted:

I thought you randomised the best of posts but you just directly quoted mine :confused:

You can't improve on perfect (j/k I couldn't tell it was a straight quote)

Solemn Sloth
Jul 11, 2015

Baby you can shout at me,
But you can't need my eyes.
Reachtel has the coalition losing Page, Macquarie, Lindsay, Gilmore, Eden Monaro and Labor increasing lead in Dobell.

ModernMajorGeneral
Jun 25, 2010

fiery_valkyrie posted:

From what I've read from the inquest grossly negligent would sum it up.

Some pretty bad stuff has come out of the inquest but it did assume a witch hunt like character and I felt a bit sorry for the police (not something I say that often) when the media were reporting outrage that 'the senior officer in charge had NO EXPERIENCE with radical islamists taking hostages', like when did you expect the nsw police to have ever got this

Wistful of Dollars
Aug 25, 2009

"liberals negligent code"

Checks out.

Snod.
Oct 3, 2014

But what about the carp?

tithin
Nov 14, 2003


[Grandmaster Tactician]



Snod. posted:

But what about the carp?

Increased share via the entry

BBJoey
Oct 31, 2012

Urcher posted:

Highlights from last month's thread:

that solemn sloth quote is a thing of beauty

Granite Octopus
Jun 24, 2008

arsetralian posted:

Global ratings agency Standard & Poor’s has backed a controversial decision by Queensland Premier Annastacia Palaszczuk to raid the sunshine state’s pension fund to pay down debt and fund infrastructure.

But the agency has warned other Australian states on their unfunded superannuation liabilities, worth a collective $80 billion, and singled out Tasmania as the only government not proactively looking at reducing its burgeoning pension liability.

Until the introduction of personal superannuation accounts, into which employers contributed part of a worker’s salary, state governments ran defined benefit pension schemes for their employees with a predetermined rate of payout.

However, much of the pension promises remain unfunded in the long term. Various state governments intend to pay for the pensions out of future revenues, and S&P credit analyst Anthony Walker said this plan could impact on credit ratings.

“Large unfunded liabilities can have an impact a state government’s future budget and may increase its debt to fund them,” Mr Walker said. “Indeed, states’ unfunded superannuation liabilities continue to grow, and are likely to peak in the early 2030s,” he said.

The ratings agency said it would make a negative assessment of a particular state if its unfunded liabilities were greater than 50 per cent of its revenues and it had “no credible plan” to address the imbalance. While the Northern Territory, the ACT and Tasmania all have unfunded pension liabilities greater than 50 per cent of revenues, the Apple Isle is the only state failing to get ahead of its payments.

“Tasmania has ceased making contributions to help pre-fund these liabilities and chosen to pay pensions as they fall due, which may weaken its budget in the long term and increase its debt levels,” Mr Walker said.

Queensland is the only state to have funded its liabilities to the extent that it is now planning to dip into the fund to pay for projects — a move Mr Walker said had “attracted a lot of attention”.

Queensland Treasurer Curtis Pitt has defended his government’s decision to strip out around $4bn of the fund, which has a $10bn surplus, to pay down the state’s debt and fund infrastructure. The government would also suspend annual contributions into the QSuper scheme, managed by the Queensland Investment Corporation.

Queensland has the highest state debt in the country, approaching $80bn. By comparison, NSW’s budget this week revealed its net debt was approaching zero.

“The Queensland government, while carrying the highest debt burden of any Australian state, is in a uniquely strong position when it comes to pension liabilities,” Mr Walker said.

Treasury documents said taking out the $4bn carried a 19 per cent chance the super fund would risk going into deficit by 2020. But Mr Walker said the government remained committed to fully funding the pension.

“We don’t believe using excess pension funds to reduce debt or invest in long-term productivity-enhancing infrastructure weakens the state’s credit quality,” he said.

“… Queensland is lowering its debt burden.”

Queensland worst state etc, but I didn't know the states could just dip into the super funds to pay down debt? I'm not particularly educated in these matters so pls ignore if this is old news. Still, it seems awfully risky, though I guess it won't matter since the boomers will have started to die off before the funds go into deficit.

starkebn
May 18, 2004

"Oooh, got a little too serious. You okay there, little buddy?"
This is slightly old news, and not being a money person I can't really see a problem with them taking off some of the excess money tied up in the fund to do something else, as long as it doesn't get out of hand.

open24hours
Jan 7, 2001

That's how every Ponzi scheme gets started.

Cartoon
Jun 20, 2008

poop

Mr Chips posted:

A bellwether is a castrated male sheep.

:eng101:
A demographic that has many sound reasons for voting vegan Greens.

http://www.abc.net.au/radionational/programs/breakfast/greens-outline-their-demands-in-the-event-of/7535720

quote:

Greens insist on political donation reform in the event of a hung parliament Thursday 23 June 2016 7:35AM (view full episode)

With the election just over a week away, the Greens will today issue their demands in the event of a hung parliament. Addressing the National Press Club, Greens Leader Richard Di Natale will announce that as part of any power sharing arrangement, the Greens will insist on a national anti-corruption body, plus the reform of political donation rules. He says its time to break the 'business as usual' model of politics, and return power back to 'ordinary people'.

This is smart politics. Even dyed in the wool National supporters want this. To use a casting vote position to force a clean up is exactly what the Democrats promised to do but never delivered. If the Greens pull this off they will require a gently caress up of Meg Lees proportions to ever lose third party status.

The Australian steps up its campaign of fear and smear

The Arsetralian why would you click this?

quote:

Rob Oakeshott and his kitchen cabinet running a DIY campaign THE AUSTRALIAN12:00AM JUNE 23, 2016 Sharri Markson Senior writer Sydney (I really hope that helps win your defamation case Sharri)

Rob Oakeshott, independent candidate for Cowper, in the kitchen at his home in Port Macquarie where he has situated his campaign office and is being helped by local university students. Cash-strapped Rob Oakeshott, who stands to receive at least $47,000 in government funds from an election campaign he is running from his kitchen, has a new career lined up as a ­doctor. The independent candidate for the NSW seat of Cowper, who has not had a full-time job in three years, says he is struggling financially on his $70,000-a-year lifetime parliamentary pension. He has barely spent a cent on his campaign, which volunteer students clad in recycled campaign T-shirts are helping to run. Mr Oakeshott said he decided 18 months ago to run for the federal election but in January he started a four-year medical ­degree at the University of Wollongong, hoping to become a GP. The man, who with Tony Windsor and Andrew Wilkie, del­ivered Julia Gillard her prime ministership (never forget!), is so financially strapped he has failed to live up to his promise to donate $20,000 a year of his NSW parliamentary superannuation from an earlier stint as a state MP to a charity trust for children (The utter bastard).

MORE: Windsor’s betrayal a rabid act (No use of hyperbole here!)

He admits he can no longer ­afford to be so generous. “Financial circumstances have changed and we do the best we can as a family,” he said. “I don’t like talking about my private circumstances but if we could, we would, but we can’t. The want was there if the means were there. And as someone of average means, the means haven’t been there.” Mr Oakeshott stands to pocket (*snicker*) about $47,000 if he attaints a ­primary vote of 15 per cent, with each vote earning him $2.62 under electoral laws. Internal ­Nationals polling predicts Mr Oakeshott will receive a primary vote of higher than 20 per cent, and with preferences from Labor and the Greens, he is neck and neck with Nationals MP Luke Hartsuyker.

Across the Cowper electorate of 117,000 voters based around Port Macquarie there are no corflutes, posters, billboards or glossy how-to-vote cards. Mr Oakeshott is not paying a campaign manager or staff members. Instead of leasing temporary ­office space, four student volunteers have set up a campaign base at his kitchen table. “It may not be a winning strategy, and I know there are suits in headquarters who will be shocked by me saying it, but I really want to see whether it (an election campaign) can be done on the smell of an oily rag and whether a ­community will still support someone if they’re not jamming $20,000 of brochures in the letterbox and blanket TV and radio ads,” he said. Mr Oakeshott categorically says he has not re-entered the political fray to make money. He made the decision to contest the federal election 18 months ago when he saw there were ­“issues of urgent national significance” that needed addressing, such as “the amount of punching down on disadvantaged communities”. “There is a bit of a passion to get back in and expose the rich talking to the rich about the rich,” he said. “I don’t think government understands poorness and poverty and disadvantage. “I do think, and this is part of what’s drawn me back into the game … there’s a lack of understanding in the corridors in Canberra as to what really does help for those that are of average means. That’s not just my personal story, that’s a community story.”

It’s an area Mr Oakeshott feels he has come closer to than his former political colleagues. Apart from not having had a full-time job since he resigned from politics three years ago, he was “knee-deep in debt” after losing a “large six-­figure sum” on an injury management business in about 2008. He was also forced to sell his family home. “Part of being of average means is sometimes you bounce along the bottom and sometimes you’re doing OK — that’s our journey, but I don’t want sympathy, I am not crying poor,” he said. “We pay the bills. We meet all our expenses and we’re proud of that.” The former MP had promised in 2003 to donate $20,000 a year of his NSW parliamentary pension to a children’s trust he set up in 1997, but only $5000 was ­donated to the Mid North Coast Youth Trust, and Mr Oakeshott wound it down (Didn't read it the first time? Lets hammer the point home). He said he would like to be as generous as he had ­intended to be but, with four children, he could not afford to make the donations he had pledged.

Mr Oakeshott passed the exam to get into medical school two years ago, and enrolled in a four-year postgraduate medical degree at Wollongong University, which he began in January with the aim of becoming a GP. “This has been a two-year process to basically get into medical school, so it is serious,’’ he said. “That’s been the major focus this year, driving back and forth to Wollongong. It’s in my family. I come from a family of doctors; my grand­parents were doctors, that’s how I grew up. So I’m very comfortable in that space.” If he wins the seat of Cowper, he will consider whether he has the time to continue his studies. Over the past three years, he wrote and published his memoirs and has undertaken contract work for the UN in Fiji, Myanmar, the Marshall Islands and Samoa. “They (Fiji) previously had a coup culture there and they are trying to keep parliamentary democracy working and so they contract some people in to help with stabilising various parts of the parliamentary process,” he said, arguing, when pressed, that he was well-suited for that role. Mr Oakeshott still defends the carbon tax (never forget!), which he prefers to call an ETS. And according to a Facebook Q&A he held on Monday night, he wants to change Australia’s border protection policies.

By the way this was apparently front page news. Along with a scare headline on boats restarting because the ALP might win. gently caress this campaign.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Granite Octopus posted:

Queensland worst state etc, but I didn't know the states could just dip into the super funds to pay down debt? I'm not particularly educated in these matters so pls ignore if this is old news. Still, it seems awfully risky, though I guess it won't matter since the boomers will have started to die off before the funds go into deficit.

Just a temporary measure until the antibiotic superbugs do their thing

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Cartoon posted:


http://www.abc.net.au/radionational/programs/breakfast/greens-outline-their-demands-in-the-event-of/7535720


This is smart politics. Even dyed in the wool National supporters want this. To use a casting vote position to force a clean up is exactly what the Democrats promised to do but never delivered. If the Greens pull this off they will require a gently caress up of Meg Lees proportions to ever lose third party status.

Hopefully NXT make a similar demand as I can see those changes benefiting them too.

Aesculus
Mar 22, 2013

quote:

Those traitors leaking are attempting to split the party into those believe in our inherently socialist principles and those who see socialism as a political "evil".

Which one of you is this, because congrats you made the news.

Pidgin Englishman
Apr 30, 2007

If you shoot
you better hit your mark

ModernMajorGeneral posted:

Some pretty bad stuff has come out of the inquest but it did assume a witch hunt like character and I felt a bit sorry for the police (not something I say that often) when the media were reporting outrage that 'the senior officer in charge had NO EXPERIENCE with radical islamists taking hostages', like when did you expect the nsw police to have ever got this

The sooner we get AJs leading police task forces the better, I agree.

CATTASTIC
Mar 31, 2010

¯\_(ツ)_/¯

Cartoon posted:

By the way this was apparently front page news. Along with a scare headline on boats restarting because the ALP might win. gently caress this campaign.

It's impressive just how stupid and farcical this line of attack is, so naturally it'll work.

Synthbuttrange
May 6, 2007

It worked for Howard

Anidav
Feb 25, 2010

ahhh fuck its the rats again

Orkin Mang
Nov 1, 2007

by FactsAreUseless
sup cunts

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Labor Minority nets like 500 dollaridoos.

Cartoon
Jun 20, 2008

poop
Not you in all probability.

Orkin Mang
Nov 1, 2007

by FactsAreUseless

Cartoon posted:

Not you in all probability.

not bad. but seriously supcunts

Vladimir Poutine
Aug 13, 2012
:madmax:

Orkin Mang posted:

not bad. but seriously supcunts

hey mang, what's going on

Anidav
Feb 25, 2010

ahhh fuck its the rats again

Solemn Sloth
Jul 11, 2015

Baby you can shout at me,
But you can't need my eyes.
I think on q&a there was a question about creative industries providing higher rates of indirect employment than mining. Anyone know where the evidence base is for that?

Synthbuttrange
May 6, 2007

Ian Turnbull sentenced to 35 years for murder.

Tokamak
Dec 22, 2004

Solemn Sloth posted:

creative industries providing higher rates of indirect employment than mining

Whoa, that's not a very political correct thing to say. You better apologise to Ian Macdonald and the Minerals Council of Australia for that remark.

Vladimir Poutine
Aug 13, 2012
:madmax:

Solemn Sloth posted:

I think on q&a there was a question about creative industries providing higher rates of indirect employment than mining. Anyone know where the evidence base is for that?

These are different years unfortunately. This was before the mining industry shed like 50,000 jobs in 14-15 so the difference is probably even wider.
Arts:
http://arts.gov.au/sites/default/files/creative-industries/sdip/strategic-digital-industry-plan.pdf

quote:

Creative industries are part of the emerging services economy in Australia, contributing more
to the economy both in terms of output and employment than is commonly known.i
 $31.1 billion industry gross product in 2008-09;
 an average growth rate of 3.9 per cent in real terms, faster than the broader economy
(over the ten years to 2008-09); and
employing 438,000 people, or 4.8 per cent of total employmentii (based on the 2006
Census)
In 2008-09, the creative industries made a larger contribution to GDP than a number of
traditional industry groups, such as agriculture, forestry and fishing; electricity, gas, water and
waste services; and accommodation and food services.ii
Mining:
http://www.abs.gov.au/ausstats/abs@.nsf/mf/8415.0

quote:

EMPLOYMENT AT END JUNE
2013-14: 186,194

Adbot
ADBOT LOVES YOU

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
There was someone from one of the banks saying that they reckon another 50,000 jobs are going to be lost in the mining sector in the next couple of years too.

  • Locked thread