Anthony Albanese - How long? -3-

[King Patty]

There are zero checks and balances in privately run companies like Hancock Prospecting or Visy or Linfox. There are far more checks and balances in the public sector than in those companies.

Still I doubt there is as much stealing / corruption compared to the NDIS.
(From the employees.)

Gina , et al likely corrupt and scheming the govt too.

 

[Bloods86]

Yawn, do we have to have these arguments over and over again? As to America's health system - it is undoubtedly expensive and ineffectual for low-mildly serious conditions, but it must be said that the majority of pharmaceutical, and medical discoveries come out of the United States, their system proxy props up the rest of the world in terms of research and development of new techniques, technology and pharmaceuticals. There are numerous procedures which can only be done by medical professionals in the US for extremely niche and complicated medical issues. While expensive and inefficient, it does arguably underwrite a substantial portion of the rest of the worlds medical care by taking on that R&D burden - which it is only able to do via its current system. While I would personally prefer to live under a system like Australia's, Australia relies on the US to be able to provide its medical system in the way it does currently.

"under-investment", as per whose definition? Yours? Laughable.

Government funding of medical/pharmaceutical R&D, while definitely the minority stake (seems to be 20-25%), is also often focused on early stage research which doesn't necessarily have a primary concern re: high-probability viability or profit motives. It's a fundamental part of R&D, well mostly R, which would suffer without government involvement.

If in fact, the main concern is health.

 

[Rob R]

Another dismal effort by Albos dud defence minister. correctly call for a review into defence estate. sits on it for over two years then drops it while people are focussed on interest rates. the result- as usual less capability and jobs in the regions and suburbs while Canberra is protected. If defence had vacant buildings on bases why not move jobs to those bases so we can cancel expensive inner city leases on office buildings, saving money, reducing congestion, enhancing security and helping struggling areas

 

[Festerz]

The consensus is....

But you watch the whining regardless - too much, too little, too late, unfair, breaking promises, unintended consequences, blah, blah.... And that will be just from Pauline Hanson and her new found media mates.

 

[QuietB]

We just had a 28% pay rise over 4 years ticked off. (25-28). I’m sure that will help inflation.

The CEO's are going at 14% at year so..............

 

[FlowersByIrene]

Government funding of medical/pharmaceutical R&D, while definitely the minority stake (seems to be 20-25%), is also often focused on early stage research which doesn't necessarily have a primary concern re: high-probability viability or profit motives. It's a fundamental part of R&D, well mostly R, which would suffer without government involvement.

If in fact, the main concern is health.

Sure, as i said there are elements of government funding that are essential and beneficial. But that is a minority, and the majority of goverment funding is inneffecient. Ergo, when government funding increases - the proportion of that funding that is "bad", "innefficient" or unnecessary grows at a larger rate than good spending.. which goes back to the original point that therefore - increased goverment spending is generally a bad thing.

 

[Pakenhamsaint]

The consensus is....

View attachment 2521524


But you watch the whining regardless - too much, too little, too late, unfair, breaking promises, unintended consequences, blah, blah.... And that will be just from Pauline Hanson and her new found media mates.

It being put on the table does suggest they've done some polling on it.

 

[Festerz]

It being put on the table does suggest they've done some polling on it.

Yep.

Even the retired Liberal member for Sturt and cherished mincing poodle Christopher Pyne was advocating for it in his National Press Club address today, but heavily emphasising the need for 'grandfathering' of concessions to existing landlords/investors.

Pyne is now Chair of the Council on the Ageing (COTA) Australia and his speech today made the telling point that although much of the focus of the housing affordability crisis is rightly on the generational impact on young Australians, it has an immediate devastating impact on those post retirement who are renting and without a home. Without that asset base and if they have just a moderate pension or superannuation income they are left with no pathway to get into quality aged care - the cost of aged care places having increased in line with the housing market.

His speech indicated to me that Pyne and others had been lobbying the Federal Government about the reality of the housing affordability crisis not being a simplistic boomer vs the rest debate but something far more fundamental that cuts across generational boundaries - i.e. the need to redirect publicly funded tax support to those without a paid off home and to take steps to correct the inequality of tax subsidies flowing to investors in established housing.

The equity rationale is compelling.

Make no mistake though, the knives will be out from the mainstream media and lobby groups as soon as it's announced.

 

[QuietB]

Why do you say that? Government spending is inherently inefficient, because it is not bound by needing to be earned, nor is it really borrowed and owned (at least to those responsible for spending it, who will leave government or their public sector roles before any debt on public spending is ever repaid), plus the people making decisions in government are, generally speaking, less capable than private sector equivalents because if they were capable they'd be working in an industry other than the public sector - so all government spending is, by definition 'bad', there are obviously spectrums of 'bad' and some inefficient government spending is absolute required but as government spending as a whole increases, naturally the proportion of 'bad' government spending increases, and likely on a compounding basis.

 

[Pakenhamsaint]

Make no mistake though, the knives will be out from the mainstream media and lobby groups as soon as it's announced.

They'll try but they will be screaming into the void a bit given the largest voting groups don't exactly consume such media.

 

[Festerz]

They'll try but they will be screaming into the void a bit given the largest voting groups don't exactly consume such media.

This is a myth.

Outside of Facebook and X - whose owners have their own agenda - NewsCorp is the biggest investor in regional social media platforms. In Australia, NineNews media has a similar reach across local social media platforms.

Which means that social media discussion is dominated by the MSM news feeds and their AI investments.

You only need to look at the balance sheets of publicly listed MSM corporations over the past two decades to know that the idea that Australian political news content consumed by Millennials and Gen Z in the lead up to an Australian election is something different from what is being propagated by the owners of NewsCorp, Sky and The Age is nonsense.

 

[Crankyhawk]

But they're not being honest

you may need to explain that a bit more for the slow of thought like myself

 

[blueblood005]

RBA doing their thing again

gotta love when they're like yeah dunno what we're doing its all guessing and we kind of hope it does what we want and stuff

View attachment 2520788

Opposition want the government to accept responsibility government want to say its got nothing to do with them


whoever is in power loves the RBA being "independent" they can just blame it all on them when things are bad

and then of course take credit for when things are good

funny how government policy only impacts things in one direction, regardless of which party is in power

Bang. Spot on.

 

[Demonic Ascent]

Easy fix on paper .

But as the loss of the 'unloseable election" in 2019 by Bill Shorten showed - any attempt at fixing the Howard Government's capital gains and negative gearing decisions of 1999/2000 is a huge political risk, especially for a party looking to capitalise on the collapse of the Coalition to capture an even bigger share of the centre right.

But we can hope...


View attachment 2521253

Like Howard's GST the time to do it is when in government, not from opposition.

 

[JackOutback]

Sure, as i said there are elements of government funding that are essential and beneficial. But that is a minority, and the majority of goverment funding is inneffecient. Ergo, when government funding increases - the proportion of that funding that is "bad", "innefficient" or unnecessary grows at a larger rate than good spending.. which goes back to the original point that therefore - increased goverment spending is generally a bad thing.

A minority of stuff… like defence, policing, health, education. Nothing important.

 

[Demonic Ascent]

Because I've already articulated why public spending is bad, because of the inherent lack of checks and balances within the public sector that are not present in the private sector. You articulated no such inherent failure and just pulled a random example out - of which it isn't even an example of 'bad' private sector spending for the reasons I set out earlier.

Its bizarre that someone who genuinely has no idea what they're talking about can express their opinion so authoritatively.

 

[QuietB]

A minority of stuff… like defence, policing, health, education. Nothing important.

You forgot mining, construction, manufacturing, aeronautical, tech..........

As far as I can tell everything is government.

Trump has the western world gathering in Washington right now trying to figure out how they are going resolve the rare earth supply chain issue. Is that a failure of the private sector? Is that a private sector initiative? Or will that simply end up with the private sector putting their hands out to use tax payer money to mine and refine rare earths for the benefit of the industrial military complex, Apple, chip manufacturers, etc.

The private sector does things better is a complete folly.

 

[Gralin]

Its bizarre that someone who genuinely has no idea what they're talking about can express their opinion so authoritatively.

confident stupidity is an extremely dangerous combination

 

[Gralin]

you may need to explain that a bit more for the slow of thought like myself

oh i don't know

probably how they constantly talk about worker wages like its the problem when its not

probably how they refuse to talk about government inaction or corporate greed

they're just like well people are spending too much money so we have to raise interest rates to stop them spending

never mind the cohort spending isn't the cohort that will be impacted

oh no people had holidays at Christmas and everywhere put their prices up for peak season, that meas inflation we must raise interest rates

and then the lie that they're trying to keep people in jobs when they want higher unemployment to bring wages down

which again isn't about inflation but the fact that the board is largely made up of people that will benefit from having to pay their workers less

 

[Donakebab]

We just had a 28% pay rise over 4 years ticked off. (25-28). I’m sure that will help inflation.

Brosef are you complaining about getting a decent pay rise?

 

[Demonic Ascent]

confident stupidity is an extremely dangerous combination

"arrogant ignorance" / Dunning-Kruger

 

[Demonic Ascent]

From The Guardian

Australia politics live: Littleproud dismisses Hanson ‘hypothetical’ that One Nation could form coalition with Liberals and Nationals

Follow live

www.theguardian.com

Gambling ads inquiry motion fails

Despite the Greens, Nationals and independents voting for an inquiry into gambling advertising in the Senate, it was defeated 19 votes to 29 with Labor and the Liberals teaming up to vote it down.

Deplorable.

 

[RedOrWhite]

From The Guardian

Australia politics live: Littleproud dismisses Hanson ‘hypothetical’ that One Nation could form coalition with Liberals and Nationals

Follow live

www.theguardian.com

Deplorable.

I wonder how the rusties will defend this?

 

[Doss]

I wonder how the rusties will defend this?

Something something grew up in public housing something something COALition something something #LNPneveragain (because of course we live in a system where only two choices are possible)

 

[Forward Press]

As long as the money keeps flowing, neither Labor, Liberal (and One Nation if they ever threaten to form government) will push for strong regulations on gambling advertising.

Gamble responsibly