Opinion AUSTRALIAN Politics: Adelaide Board Discussion Part 6

[adelaidecrows]

Let's be clear here - I detest the Odd Notion party, and its leader. I think anyone who supports them (let alone votes for them) is a Class 1 Grade A Idiot.

Sadly, based on recent polling, around 1 in 4 voters falls into that Class 1 Grade A Idiot category. It's scary how the idiot class has grown recently, due to the self-immolation of the Liberal Party.

Is ignorance idiocy though?

id say a fair portion of One Nation support has come from messaging piggy backing in through favourable pro Trump social media algorithms Even this drastic rise in popularity took One Nation by surprise. This wasnt a gradual build up its a fad.

Will be interesting to see how long she lasts and it will be even moreso watching those brand new supporters defend all the stupid shit she is likely to say between now and the election.

 

[Mutineer]

Talking about idiots and idiotic have any of you read what you've actually posted.

Everyone that doesn't think like you folk are idiots, and as usual you somehow think you're superior which is a very leftist thing.

 

[Vader]

Talking about idiots and idiotic have any of you read what you've actually posted.

Everyone that doesn't think like you folk are idiots, and as usual you somehow think you're superior which is a very leftist thing.

No... I don't think you're idiotic, just because you're so rusted on to the Liberal Party that you would never have a critical thought about them in your life.

I do think that anyone who supports the Odd Notion Party is an idiot.

 

[adelaidecrows]

No... I don't think you're idiotic, just because you're so rusted on to the Liberal Party that you would never have a critical thought about them in your life.

I do think that anyone who supports the Odd Notion Party is an idiot.

just had a covnvo with my wharfie mate and he was a rusted on ALP voter. Even he is so sick of Albo's bullshit that he is considering the switch. So Mutineer in his own way is right. Not everyone is an idiot. I dont mind admitting that.

End of the day though protest votes serve a purpose. Gives the decent parties a message. But the trick is you dont gift the protest party the keys to the kingdom. Thats just insane.

 

[adelaidecrows]

Talking about idiots and idiotic have any of you read what you've actually posted.

Everyone that doesn't think like you folk are idiots, and as usual you somehow think you're superior which is a very leftist thing.

“Yes—if I vote for ‘the leopards eat my face party’ despite all the warnings, believing the hype that the leopard will only target the other side, and then the leopard eats me too, I should absolutely be considered an idiot.


It’s the same reason you don’t stick a knife in a power socket, believing it only targets forks.


But that’s exactly the problem with voting for parties or candidates who thrive on popularity instead of substance.”
.

 

[kirky]

thanks kirky, your self awareness is appreciated. did you think my points made were all correct or some incorrect re inequalities?

i will also say young generations have it BETTER in some other ways like mobile phone and internet, cheaper intl travel and believe it or not are actually more prudish and drinking less and having less sex than previous generations (much of it could be related as they are poor, cant afford to drink at pubs relative to yesteryear, dont get drunk as much and dont hook up etc. also more health conscious or self aware despite weight gains in this and ALL generations over recent decades.

And Boomers I agree were hard workers and didnt have some of these 'luxuries' young people do know when they were young but they certainly have it now. i have countless retired boomer clients, inc the incredibly generous defined pension schemes which you may even be on yourself, and many retired by mid 50s after working 30 years so still lots of life to enjoy things.

But with 4 older siblings some that saw still the 'swinging early seventies' they also admitted to SO MUCH partying and experimenting in their youth. AND my Silent Generation parents always told all of us : 4 Boomer kids and me the 1 X'er how MUCH HARDER they worked in their generation and I definitely believe it hearing the stories (no running water, electricity, cars etc when young).

Each generation has had to work less hard than the other before (inc Boomers and young ones today) but NEVER previously has a previous generation (Boomers) left the next generation poorer than themselves. We have seen this entrenched with Govt policy for decades now. People have become self interested and vote in policy that supports their own welath without giving a **** about the next generations as aa BROAD sweeping statement. The fact that Shortens negative gearing policy changes to existing property was so unpopular is a good example of that

Keen to get your overall thoughts mate and appreciate your support above

I think your points are all valid.

I still have my Leaving Certificate from when I left high school in 1978 and the comments from each and every one of the teachers are valid today as they were then. I’m have a very strong work ethic which is a product of my upbringing, I got my first job after school at 13 years of age. I had to as my folks did not have it easy (dad worked two jobs - he was obsessed that he didn’t want his kids to go thru what he did - thats a whole other story) so if I wanted something, like to go on the school ski trip, I had to fund 50%-75% of it.

I don’t have a generous defined superannuation scheme and I retired when I was 57. My employer, a big 4 bank, contributed 9% from the age of 22 and I contributed 5% until I was 40 then I increased it once I paid my mortgage off until I retired. My superannuation will see me out (unless I live to over 100) but I started planning my retirement once I hit 40 years old, I’m not sure you can do that anymore given the mortgages one has to have.

I bought my first house at 27 years old (a weatherboard shack in the northwest beach suburbs in 1988 - mortgage was 1.5 times my salary) and paid it off in 2.5 years then demolished it and built a new home which the mortgage was 3 times my annual salary. Nowadays you need many more multiples of your annual salary, did I have it good? Absolutely.

As many here know, I don’t have any kids, I’ve travelled extensively but I don’t take for anything for granted and last year I assisted a younger mate and his family to buy their first home (covered the stamp duty and all the associated costs). I’d be mentoring him for the last 8 or so years on finances etc. so the chance to give back was an easy decision. He and his wife can’t thank me enough.

There is wealth transfer that will occur as the boomers age however it will be concentrated to only a small % of the population.

We have a very unbalanced tax system - the 50% capital gains, negative gearing concessions, the generous superannuation concessions, franking credits given to those that have no or have paid minimal tax (and yes I’m a recipient of this). All of this needs to be looked at as it is unsustainable.

Perhaps we do have to revisit a death duties type of tax as currently future generations are going to be less well off than the baby boomer generation. I can already hear the screams already from some on here.

The question you have to ask yourself sometimes, as I did as I neared the end of my working life, when is enough money enough? I could have worked for another 3-4years (my boss certainly kept asking, are you sure you want to retire he often would say) but I knew I had positioned myself financially that the time had come. None of it was by accident.

 

[kirky]

Talking about idiots and idiotic have any of you read what you've actually posted.

Everyone that doesn't think like you folk are idiots, and as usual you somehow think you're superior which is a very leftist thing.

So thinking that one is superior is only a very leftist thing?

Jeezus, think you need to be a bit more self aware, it isn’t just the sole domain of those on the left.

Which party do you think had the “born to rule’ mentality?

 

[StonesThrow]

As I've said previously .....no-one wins or concedes in political discussions .....I don't think I've seen anyone change their POV .....so this is all a bit of a fruitless waste of time

But I will outline my POV .....firstly my kids are 40 & 44 ....one is a remedial speak pathologist, teaching stroke, drugged up patients, and others who struggle to communicate period.....and my eldest is an Australian Marketing Manager

We haven't helped the kids in any way financially .....but taught them the values of hard work & resilience

Firstly, you don't need high grades to get into Uni Courses .....that's the front door approach ....there are always a multitude of options available to get into the course you desire .....we've proven it

There's a lot of kids feeling pressure to go to Uni, from parents ..... a lot of the courses undertaken do not help you career, an arts degree ??
Kids who change career directions 2,3,4 times whilst at Uni, racking up HECS fees .....the % of high school students going to Uni is far far greater than in my day, where private colleges were more influential, and a lot of qualifications were completed in night courses

There are specific instances you're referring to, however it seems to me the cost of education has sky rocketed .....another debate, but have Universities become profit centres rather than educational centres ?

You can buy your way into University .....overseas students compete for courses with local kids, hard to compete against up-front course payments ....but has it added to the costs for local students ...I'm not close enough now
But again the question needs to be asked ...are too many kids wasting their time & money going to University .....many observers believe so

Talking about AI, has only been a recent phenominan .....so lets not factor it in ATS

I've posted this B4 .....but the better comparison is not median income levels, but cost per square mtr

I grew up as a first generation war baby ....so you want to talk about tough after the war ....yeah

Our house was not even as big as a typical 2 bedroom unit .....kids these days want houses that at a minimum are twice the size of average houses in our era
My first house that I built .....same size as a unit ....14% interest rate

We had hand me down furniture, curtains .....one car ...one television, no mobile phones, no streaming ....certainly no overseas holidays, that was reserved for when you retire

Today, they want big houses, that want new furniture, they want all the technological gadgets, and holidays .....two cars, 3 x televisions ....they want it all NOW and aren't prepared to wait
We never had credit cards .....so we had to save to buy ....and let's not start talking buying short-term obsolescent "anything"
There was a greater emphasis on quality until roughly around the year 2000 .....things that lasted ....that you didn't fork out money again in 3-5 years

So no, I don't think any generation has it easier .....every generation has its challenges ....but it's all about the decisions you make & how hard you work for your goals .....as there's always been, there are solutions and work arounds

No doubt you've seen young singles buying a house & paying it off in 8 years .....or people building a property portfolio on modest income levels

4 Lasscock Avenue, Lockleys, SA 5032
https://www.realestate.com.au/prope...aignSource=share_link&campaignName=share_link

170m2 for almost $1.8 million

This was $700-800k in 2020. That's at least 120% increase in 6 years. What do you think wages have done in the same time?

It's not even a boomer vs the rest debate anymore. Anyone who bought pre 2024 has it way better than everyone else.

 

[119others]

4 Lasscock Avenue, Lockleys, SA 5032
https://www.realestate.com.au/prope...aignSource=share_link&campaignName=share_link

170m2 for almost $1.8 million

This was $700-800k in 2020. That's at least 120% increase in 6 years. What do you think wages have done in the same time?

It's not even a boomer vs the rest debate anymore. Anyone who bought pre 2024 has it way better than everyone else.

Not sure how Wayne can seriously attempt to argue that buying property now isn’t infinitely harder. It clearly is to anyone with their eyes open.

With Uni kids I can say many similar aged youngsters are already asking what part of the world do they look at moving to over coming years to live. All they want is the basics inc owning a property. That is now out of reach of so many young people that’s it’s a cruel ****ing joke on our nation and for people that try to deny it.


Thanks for the above example. It’s normal.

 

[Mutineer]

No... I don't think you're idiotic, just because you're so rusted on to the Liberal Party that you would never have a critical thought about them in your life.

I do think that anyone who supports the Odd Notion Party is an idiot.

LOL

No different to you old son, you're a rusted on Labor voter, 2 decades of your posting on this site alone makes that blatantly clear.

 

[119others]

‘We have a cruel system for the young, not by chance but by choice’

The top marginal tax rate is far too high, says the Labor luminary in this edited extract from his submission to the capital gains tax inquiry.

www.afr.com

Living standards increased up to 2009-2010. However, since then increases in living standards have stalled.

From 2010, living standards stalled, though, remarkably, superannuation increased to 12 per cent of wages. The recipients of the NDIS are better off. Executives have done well, and the Rich Listers are much richer.

The wealth of many Australians who own their own home and have superannuation is beyond the wildest expectation.

So, what does all this mean for tax reform?​

Ask the same questions:

• Is the system fair?
• Is there vertical fairness?
• Is there horizontal fairness?
• Is the tax system assisting in allocating resources efficiently?

The same questions produce the same answers.

A single income worker on $80,000 is paying tax at the marginal rate of 30 per cent. They are paying the GST – for most people, a flat and full 10 per cent. They are often still paying HECS debt into the bargain.

They are often paying private health insurance as well, otherwise they are paying the Lifetime Health Cover loading introduced by John Howard.

They are paying the new taxes of road tolls and privatised utility charges.

Their rents have quadrupled. Just since 2022, rents have increased by 44 per cent, whilst inflation has increased by 17 per cent.

Often, they cannot buy a house at all, unless they can conjure up some magical fiscal resources from friends or family.

The question is simply this​

Do we have a fair system for young people?

The current position is not there by chance. It is there by deliberate political decisions. The GST knowingly increased the tax burden on young people.

The compulsory Lifetime Health Cover Loading was a deliberate decision. So too was HECS.

The failure to index taxes was deliberate. So, too, was the privatisation of public utilities. The high levels of debt are a burden on the next generation.



Advertisement
Equally, decisions about expenditure are political. Some by necessity; the response to the GFC and COVID, for example.

In the broad, we have the current position by choice, not by chance.

The facts are still these​

Over the five years, the tax paid by working people without the benefit of big deduction is growing in real terms, whilst their real incomes are barely moving, or falling.

It is working people who are paying disproportionately for the increases in expenditure. It is working people who are paying a disproportionate share of AUKUS and the NDIS.

At the Commonwealth level, we are spending 27 per cent of GDP.

That is the nub, both of the problem and the set of policies we have in place. This is the political issue of fairness that has to be addressed.

The question does not only go to fairness; it goes to efficiency. There are three costs that need consideration. The costs to taxpayers in collecting the information, the accountancy costs and costs to the government in the collection and enforcement of the systems.

The other cost is in the allocation of resources.

The old deduction for life insurance and superannuation created a bloated bureaucracy that employed a great part of the Liberal and National Parties membership. Without imputation credits, management had less accountability to shareholders. Without capital gains tax, the speculator and private equity companies play with greater enthusiasm.

With capital gains free homes and negative gearing, more resources go into private homes and investment homes. It forces up the price of contents, materials and labour. With accelerated depreciation, it forces up the price of trucks and cars and their availability. The tax system does impact on resource allocation.

So, what does it mean?​

It means that a worker who had a 4 per cent wage increase in 2024 and who had $3200 extra dollars via the low and middle-income tax offset has now lost the offset.

They also paid an extra few hundred dollars to the GST. They paid extra income tax of over $1000.

So, they ended up with less than $1000 in their pocket, yet had to pay five, six or seven thousand dollar increases in prices.

At the same time, the government provided accelerated depreciation.

The result was that Linfox drivers were struggling to meet the living costs, but the owners, Linfox itself, were given long tax holidays.

What is wrong with the tax system?​

In essence, I believe that three groups are treated unfairly.

The first is working people, particularly the young. The second is small business. The third are those caught in poverty traps.

 

[MrKK]

That's how bad the Libs are polling at present! Yes, it's crazy, but so is their predilection for self-sabotage, implosion and self-destruction, across most states and the Federal Party. We're in unprecedented territory here.

IF the current polling is reflected at the ballot box - and that's a big IF - then there would be a maximum of 1x LP member in remaining in the SA lower house, and only a small number in the LC.

You are putting a lot of faith in one poll. An alternative poll released the day before had their primary vote 7 points higher.

 

[MrKK]

Didn't Xenophon's SA Best party poll incredibly well, then go on to not win a seat?

Any genuine threat to the duopoly usually gets snuffed out by both parties using their resources to undemine them.

 

[Kane McGoodwin]

Vader - One Nation look likely for 2 legislative council representatives, including Bernardi... but doubtful they will land any electorate seats.

Can One Nation make it in South Australia? Liberal party fears peak humiliation at state election

Labor under Peter Malinauskas seems set for a massive win in the 21 March poll, but all eyes are on how the rightwing vote will shake out

www.theguardian.com

 

[Mutineer]

How do these people keep their jobs, Katy must have some prime shyte on Albo...

Just listen to this diarrhea coming out of her mouth.....incompetence writ large.



Uuuuummmm the only word in poor little Katy's vocabulary.....Seems that way

 

[Mr_Moogle]

4 Lasscock Avenue, Lockleys, SA 5032
https://www.realestate.com.au/prope...aignSource=share_link&campaignName=share_link

170m2 for almost $1.8 million

This was $700-800k in 2020. That's at least 120% increase in 6 years. What do you think wages have done in the same time?

It's not even a boomer vs the rest debate anymore. Anyone who bought pre 2024 has it way better than everyone else.

My fear is that the broken social contract of people not being able to afford housing will lead to populism and we'll all be worse off.

 

[119others]

My fear is that the broken social contract of people not being able to afford housing will lead to populism and we'll all be worse off.

speaking to a well known TV finance personality last week - not Kochie - he said he has genuine fears is that theres lots of things building towards societal breakdown like we have NEVER seen:

• intergenerational inequity as ive been crapping on about
• but specifically if young ones now have limited working futures with AI (grandfather of AI thinks 30% U/E within 5 years) and some saying perhaps ALL jobs gone within 15 years
• no ability to buy a house for an 'average young person', and barely afford to rent

young generations arent just going to sit there and take it. they will come for others that have the money and assets. it will turn ugly and violent. thats what this placid mans real fears were (which he would never state publicly). esp young men 18-40 he mentioned. oldies have it good in many ways but they wont win a fight with a 25 year buff thug who thinks the world is pretty unfair.

god lets hope it never gets to it but the warning signs are already there

this is the time theyve been saying move to byron bay and start growing your own veggies...

 

[Slippery Pete]

It will be like the old days where the o-bahn buses divert down Frome and Bundeys Road.

It's a massive pain in the ass getting the bus into work, but it's worth the inconvenience and short term pain each year for Adelaide to be able to host a world class event.

I think Adelaide can turn this event, which gets lost in the shuffle in Victoria, into something special.

Iconic track. Would be great to see it back in full.

 

[Vader]

LOL

No different to you old son, you're a rusted on Labor voter, 2 decades of your posting on this site alone makes that blatantly clear.

Unlike you, I have a history of criticising the ALP when they make decisions I disagree with (e.g. their persistent failure to address the problem of online gambling advertising).

You have NEVER said anything critical about the LNP.

 

[Vader]

Vader - One Nation look likely for 2 legislative council representatives, including Bernardi... but doubtful they will land any electorate seats.

Can One Nation make it in South Australia? Liberal party fears peak humiliation at state election

Labor under Peter Malinauskas seems set for a massive win in the 21 March poll, but all eyes are on how the rightwing vote will shake out

www.theguardian.com

Reading from the article you quoted:

The current 47-seat House of Assembly has 28 Labor, 13 Liberal and four independents MPs; two seats are vacant. On at least one analysis of the polls, even before the shocking Newspoll, the Liberal party might not retain a single lower house seat, potentially leaving One Nation as the official opposition.

Also...

On Friday, the same day the News poll was released, a YouGov poll in Adelaide’s Advertiser also had One Nation ahead of the Liberals on primary votes, but by a much narrower margin, 22% to 20%, with Labor on 37%. Calculating the two-party-preferred vote against the Liberals, it gave Labor a 59% to 41% lead.

Manwaring says it is hard to know how preferences will flow, as voting patterns become more volatile and people increasingly do not follow how-to-vote cards.

Lots of uncertainty, but there is a chance that the LP could be wiped out completely in the lower house. If they do, then Odd Notion would have won any/all lower house seats claimed by right wing parties.

My guess, based on the NewsPoll numbers... LP 0 seats, Odd Notion 4-5, ALP everything else that's not won by an Independent.

... but there's a lot of IFs in there, and a lot can change between now and the election.

 

[Mutineer]

Unlike you, I have a history of criticising the ALP when they make decisions I disagree with (e.g. their persistent failure to address the problem of online gambling advertising).

You have NEVER said anything critical about the LNP.

Yeah what a load of baloney, you're rusted on Labor, 20 years of posting on here is a massive giveway.

 

[Kane McGoodwin]

Reading from the article you quoted:

Also...

Lots of uncertainty, but there is a chance that the LP could be wiped out completely in the lower house. If they do, then Odd Notion would have won any/all lower house seats claimed by right wing parties.

My guess, based on the NewsPoll numbers... LP 0 seats, Odd Notion 4-5, ALP everything else that's not won by an Independent.

... but there's a lot of IFs in there, and a lot can change between now and the election.

Lol, still living in the land of delusion that the Liberals will be wiped out.

Even more ridiculous that One Nation will get 4-5 seats, as they will be lucky to land 1!

 

[Vader]

Lol, still living in the land of delusion that the Liberals will be wiped out.

Even more ridiculous that One Nation will get 4-5 seats, as they will be lucky to land 1!

I guess we'll see on election day. Right now, the polling numbers back my version rather than yours.

 

[Kane McGoodwin]

I guess we'll see on election day. Right now, the polling numbers back my version rather than yours.

Lol, you are so gullible to believe the poll!

Your version is complete bollocks!

 

[kirky]

Yeah what a load of baloney, you're rusted on Labor, 20 years of posting on here is a massive giveway.

Do you lack comprehension skills?