|
LIVE AMMO COSPLAY posted:Or tax them at all. Check out Stalin McJobsKiller here
|
#
?
May 25, 2020 07:44
|
|
|
|
| # ? Jun 3, 2024 02:26 |
|
|
Nanpa posted:Does "in cash" mean in term/bank deposits or something else? Is that just to have a safe asset to draw upon instead of getting fire sale prices for stocks at the bottom of the market or something else? Yeah pretty much. While technically not cash, bonds might be in the same boat if they're safe enough and liquid enough i.e. government bonds. Just be careful of some term deposits from finance companies because while they offer a much higher rate of return they are not covered by the deposit guarantee and the companies are nowhere near as well capitalised as the major banks. Banksia was a classic example of this and we've only just finished with those this year even though it went belly up in 2011 or something because of all the class actions and whatnot going on in the aftermath. The idea is pretty much as you say, if there's a prolonged downturn in the market you aren't forced to sell assets at a depressed price in order to fund your pension. You need to withdraw between 4% and 14% from your super income streams each year depending on your age in order to comply with the regulations, so it's not like in that situation you can just decide to tighten your belt and live off your savings outside of super until it blows over. This is why one of the Covid measures was a temporary 50% decrease in the minimum pension drawdown people are required to make in 2020 and 2021 - because fuckwit boomers don't have enough cash on hand in their SMSFs. The most aggressive Australian Super blend has 4% cash at the moment, and the typical advice would be for people to move that into a balanced or conservative blend as they get older to reduce the risk of fluctuations in the value of their investments as they approach retirement and have cash on hand when they enter retirement and need to fund a pension.
|
|
#
?
May 25, 2020 08:14
|
|
|
teacup posted:Like I get how things fall through the cracks. My auntie lives in a house she’s lived in for like 60 years and it’s suck if she lost her pension because it’s now worth heaps, she’s never owned another property and lived really modestly her whole life. I think you would be surprised at how many "rich boomer" are pretty much rich only in the massive and sweetly located house they live in. One of the goals of reforms such as land tax is specifically to get boomers to downsize as they get older and prevent them sitting in a $1 million house that could house a growing family and yet still require a pension to survive. The intent is that the assets would be sold and proceeds used to fund their old age in place of the pension for as long as possible. This would increase housing affordability and reduce the pension bill. I think of UBI as the provision of government services such as health, education and security. Social security given out as cash is basically privatizing provision of things such as food, recreation and housing. You increase the proportion given out as cash, it naturally leads to reduction in government provided services.
|
|
#
?
May 25, 2020 08:34
|
|
|
Electric Wrigglies posted:I think of UBI as the provision of government services such as health, education and security. Social security given out as cash is basically privatizing provision of things such as food, recreation and housing. You increase the proportion given out as cash, it naturally leads to reduction in government provided services.
|
|
#
?
May 25, 2020 08:41
|
|
|
Electric Wrigglies posted:I think you would be surprised at how many "rich boomer" are pretty much rich only in the massive and sweetly located house they live in. A pleasant side effect of this would also be retirees suddenly being in a situation where it makes sense to support the development of smaller/denser/more appropriate housing in their neighbourhoods. Right now, their opposition to development in their suburb is effectively an opposition to anyone younger or poorer than them moving in, while also locking out individuals in their own cohort who want to downsize.
|
|
#
?
May 25, 2020 09:00
|
|
|
CrazyTolradi posted:I uhhh yeah uhhhh that's totally how it works. I think I missed the part where the government provides food and recreation as a service, though. And state provided housing is already woefully insufficient as it is, regardless of JobSeeker/Pension amounts. Soup kitchens and school meals are examples of government produced and suppled food (more UK/US than Aus), parks as government supplied recreation and halfway house housing as the housing. You can argue the best way to provide those services but for the most part, the common approach is NewStarter/social security/rent-assistance etc and that money is used by the citizen to make their own assessment of best bang for buck as opposed to lining up at the designated soup kitchen in their designated estate after a quick game of Estate901 vs Estate902 lacrosse. froglet posted:A pleasant side effect of this would also be retirees suddenly being in a situation where it makes sense to support the development of smaller/denser/more appropriate housing in their neighbourhoods. yeah, why fight all day and all night about taking their rights where with just a few modest changes to the tax laws, all of a sudden they will be big fans of economical housing in livable areas.
|
|
#
?
May 25, 2020 09:27
|
|
|
froglet posted:A pleasant side effect of this would also be retirees suddenly being in a situation where it makes sense to support the development of smaller/denser/more appropriate housing in their neighbourhoods. You know they’ll all end up in some lovely over 50s village complaining about the youth of today and giving each other syphilis
|
|
#
?
May 25, 2020 09:29
|
|
|
gay picnic defence posted:You know we'll all end up in some lovely over 50s village complaining about the youth of today and giving each other syphilis
|
|
#
?
May 25, 2020 09:59
|
|
|
Cartoon posted:Every school bus I observed this morning was absolutely packed to the rafters with no attempt what so ever towards social distancing #notascreepyasitsounds. Short of shutting the schools down again, there's no practical fix for this that I can think of, and considering I drove a school bus that was at drat near capacity this afternoon, it's sure as poo poo on my mind.
|
|
#
?
May 25, 2020 10:02
|
|
|
Friendly Fire posted:Short of shutting the schools down again, there's no practical fix for this that I can think of, and considering I drove a school bus that was at drat near capacity this afternoon, it's sure as poo poo on my mind. We've cancelled all social distancing measures for children as of today at school, but we're in WA. No more staggering lunches, no nothing. I think we're still not letting parents into the school, but I'm not sure of that.
|
|
#
?
May 25, 2020 11:19
|
|
|
Very glad the Hillsong global youth conference can continue unrestricted E: oh they canned it, very dissapointed the push to reopen is just market bloodlust instead of a protestant conspiracy "Every year, I look forward to Hillsong Conference with great expectation. This year was no exception as it was looking like a packed and sold out conference. However, in light of the current global climate, as the world continues to grapple with COVID-19, it is with a devotion to wisdom and to the health and well-being of all that we have made the decision to postpone Hillsong Conference 2020 until 2021." The Peccadillo fucked around with this message at 11:27 on May 25, 2020 |
|
#
?
May 25, 2020 11:22
|
|
|
The Peccadillo posted:Very glad the Hillsong global youth conference can continue unrestricted Surely god would protect them for a few dollars more, they dont seem very strong in faith
|
|
#
?
May 25, 2020 11:37
|
|
|
gay picnic defence posted:You know they’ll all end up in some lovely over 50s village complaining about the youth of today and giving each other syphilis if i'm lucky
|
|
#
?
May 25, 2020 12:03
|
|
|
Jobmaker
|
|
#
?
May 25, 2020 22:07
|
|
|
Everyone I've heard talking about jobkeeper and jobseeker mix up the terms, including me. Why would you do jobmaker. Did the job providers feel left out. What's next in the job expanded universe
|
|
#
?
May 25, 2020 22:30
|
|
My first car was a stick
|
Job Reaper
|
|
#
?
May 25, 2020 22:36
|
|
|
https://www.theguardian.com/australia-news/2020/may/26/welfare-recipients-facing-five-month-delays-to-exit-cashless-debit-card-schemequote:A cashless debit card “opt out” scheme introduced last year to allow people to exit the controversial program has been plagued by long delays, leaving participants trapped on income management.
|
|
#
?
May 25, 2020 22:38
|
|
|
bandaid.friend posted:Everyone I've heard talking about jobkeeper and jobseeker mix up the terms, including me. Why would you do jobmaker. Did the job providers feel left out. What's next in the job expanded universe JobHelper - The government is going to help companies who mainly employ casuals not get hosed by the court ruling.
|
|
#
?
May 25, 2020 22:39
|
|
|
Department of Social Services to require JobSeekers to pass a Bene Gesserit Gom Jobbar pain test
|
|
#
?
May 25, 2020 22:41
|
|
|
bandaid.friend posted:https://www.theguardian.com/australia-news/2020/may/26/welfare-recipients-facing-five-month-delays-to-exit-cashless-debit-card-scheme working as intended
|
|
#
?
May 25, 2020 22:43
|
|
|
And as predicted by several in this thread the libs are talking about IR reform. This is the one thing that did end Howard’s reign, will it happen again!?
|
|
#
?
May 25, 2020 23:21
|
|
|
Zenithe posted:Jobmaker We appear to back to politics as usual at this point. So this is going to be IR reform and cash to mates considering the lack of detail, and the clear lack of understanding about how the current welfare measures are propping up what little is left of the economy.
|
|
#
?
May 25, 2020 23:25
|
|
|
teacup posted:And as predicted by several in this thread the libs are talking about IR reform. *takes long sip of water* I don't think so
|
|
#
?
May 25, 2020 23:48
|
|
|
My uni rejected the NTEU framework, what a surprise. There was no real reason for them to play ball anyway.
|
|
#
?
May 25, 2020 23:49
|
|
|
teacup posted:And as predicted by several in this thread the libs are talking about IR reform. My bold prediction is no it won't and the ALP will 'express concerns' about the proposed legislation but vote for it anyway.
|
|
#
?
May 26, 2020 00:04
|
|
|
Recoome posted:My uni rejected the NTEU framework, what a surprise. There was no real reason for them to play ball anyway. My uni has done the same and is about to sack a bunch of people.
|
|
#
?
May 26, 2020 00:15
|
|
|
bandaid.friend posted:Everyone I've heard talking about jobkeeper and jobseeker mix up the terms, including me. Why would you do jobmaker. Did the job providers feel left out. What's next in the job expanded universe Remember that Morrison is all about marketing despite being poo poo at it.
|
|
#
?
May 26, 2020 00:34
|
|
|
x1o posted:My uni has done the same and is about to sack a bunch of people. Like i'm glad the NTEU actually tried but my reading of the VC's statement is that my uni considers itself "too big to fail" and they didn't feel like they needed to kowtow to the union to stay afloat. I've posted earlier but my uni has also started the layoffs/winding back staff and have cut-down teaching expenses already. I'm lucky that I've got a specific teaching niche that won't likely go away but loving hell.
|
|
#
?
May 26, 2020 00:40
|
|
|
teacup posted:And as predicted by several in this thread the libs are talking about IR reform. In a worst case scenario, for the local economy, unemployment might reach levels where huge persistent dole queues and actual food riots became a daily occurrence. Bullshit IR reform to improve the heft of the boot on the throats of workers might not go down very well.
|
|
#
?
May 26, 2020 01:17
|
|
|
Recoome posted:Like i'm glad the NTEU actually tried but my reading of the VC's statement is that my uni considers itself "too big to fail" and they didn't feel like they needed to kowtow to the union to stay afloat. I've posted earlier but my uni has also started the layoffs/winding back staff and have cut-down teaching expenses already. I'm lucky that I've got a specific teaching niche that won't likely go away but loving hell. Yeah, the NTEU tried here as well, but our VC pretty much went "We're not doing it because you liked your EA so much, we wouldn't dare change it", so it's a 5% headcount reduction. I'm on the general staff side of things so we're all pretty miserable right now, as we're probably going to cop the brunt of the reductions. I like to think my position is secure, but I'm preparing for the worst. Their response to the question "Are the Uni execs going to take a pay cut?" was infuriating, pure distilled gently caress you got mine.
|
|
#
?
May 26, 2020 01:29
|
|
|
Cartoon posted:
I have little faith in Australians to think that they would support any kind of opposition to any new measures. Individuals will each say yeah it sucks for me but at least all the dole bludgers and so on are eating poo poo as the lord intended and be fine with it.
|
|
#
?
May 26, 2020 01:58
|
|
|
gay picnic defence posted:You know they’ll all end up in some lovely over 50s village complaining about the youth of today and giving each other syphilis Hate to break it to you but a lot of suburbs are now 50s retirement villages. teacup posted:And as predicted by several in this thread the libs are talking about IR reform. They have power for what, another 2 years at least? They have the numbers to put the changes through, I doubt Labor will put up much of a fight, and the worst affected will be too busy working multiple casual jobs to campaign for change when the next election rolls around. I mean, I'm obviously still going to chip away and do my bit, and so will a lot of people, but it's loving infuriating seeing this come from a mile off while everyone around you goes "welp, what can ya do?". froglet fucked around with this message at 03:00 on May 26, 2020 |
|
#
?
May 26, 2020 02:55
|
|
|
Part of the big backlash to WorkChoices also came about because it wasn't in reaction to anything. In 2005-2007 it was a boom time for Australia. The economy was growing, commodity prices were high. While the real estate bubble was well underway housing was still relatively affordable and there was a real perception of things going well overall. When the Coalition got control of the senate and pushed through WorkChoices there was a massive backlash because it was so easy to argue it was just taking things away from people and giving it to big business that was already doing well. The "Howard Battlers" were a real thing, and suddenly it became apparent that Howard wasn't actually on their side. 2020 is very different. There is going to be massive unemployment and underemployment. The government is going to say that changes are needed to get people back into jobs, sure the conditions may be a bit harder, but it's better than no job at all right? And Australians will eat it up.
|
|
#
?
May 26, 2020 03:09
|
|
|
teacup posted:And as predicted by several in this thread the libs are talking about IR reform. This parliament is a freebie for the LNP, so why not try?
|
|
#
?
May 26, 2020 03:32
|
|
|
Senor Tron posted:
Yeah they'll just sell it as the one thing to bring back the good old days of everyone having a job, and anyone who gets in the way is a wrecker who wants to keep you unemployed.
|
|
#
?
May 26, 2020 04:13
|
|
|
They'd probably get nailed to the wall for taking the extremely unpopular WorkChoices and railroading it in with a new label to exploit vulnerable people at the worst possible time if we had a competent opposition. Shame we don't 
|
|
#
?
May 26, 2020 05:28
|
|
|
The Neal! posted:They'd probably get nailed to the wall for taking the extremely unpopular WorkChoices and railroading it in with a new label to exploit vulnerable people at the worst possible time if we had a competent opposition. JobChoices
|
|
#
?
May 26, 2020 05:47
|
|
|
Morrison government shelves union-busting legislation 'in good faith' Wow, good faith, eh? quote:The government will shelve its union-busting Ensuring Integrity Bill as a sign of good faith ahead of a major, new effort to reform Australia's industrial relations system, Prime Minister Scott Morrison says. Ahh, that's why.
|
|
#
?
May 26, 2020 07:13
|
|
|
Don't need union busting legislation if essentially the same thing is going to be hardwired into their IR reforms
|
|
#
?
May 26, 2020 07:52
|
|
|
|
| # ? Jun 3, 2024 02:26 |
|
|
Media will say it's an olive branch to the unions while we watch teachers, become uber contractor sole traders and flexi casual legislated into law.
|
|
#
?
May 26, 2020 07:55
|
|
