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Mega Thread All things Tony Abbott

Who will be the next Prime Minister of Australia

  • Malcolm Turnbull

  • Julie Bishop

  • Scott Morrison

  • Andrew Robb

  • Someone from the LIberal Party other than those above

  • Bill Shorten

  • Someone from the Labor Party other than Shorten


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An example of a very wrong call.

What makes you think the regulation was any good? There has been a huge amount of legislation and regulation in the area, clearly it's been ineffective.

Why automatically assume more regulation would be good? Particularly from the last government who were utterly clueless re financial markets and regulation (see Rudd Bank etc). How about ASIC and the regulators actually do what they are paid to do?
 
What makes you think the regulation was any good? There has been a huge amount of legislation and regulation in the area, clearly it's been ineffective.

Why automatically assume more regulation would be good? Particularly from the last government who were utterly clueless re financial markets and regulation (see Rudd Bank etc). How about ASIC and the regulators actually do what they are paid to do?

Don't tell me that you are one of those bloody low life investment advisers.
 
Don't tell me that you are one of those bloody low life investment advisers.

No I'm not. I totally agree many of them are low lifes. Let us not kid ourselves though that a mountain of regulation is the answer to everything. Most people are smart enough to get around rules set by union hacks in conjunction with public servants and even worse, policed by ASIC.
 

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Meds has an unshakable ideological position, detached from reality. Regulation=bad.

Such short memories they have. Regulations come into play because of the charlatans, shonks and rip off merchants. A few years later the cry comes out "there's too much red tape!", so they get rid of it and the same happens. Rinse, repeat.

Good luck relying on the goodness of people's hearts not to rip off vulnerable people.
 
Yeah, I don't understand his position.

"Red tape" was created to stop the incidents from occurring, so far it has helped. But the view is, it isn't working enough so let's scrap it all together, rather than fix it...

The best form of regulation, is self regulation? Isn't that what required the "red tape" in the first place?

I can certainly understand the frustration from honest operators. On the face of it, some legislation sounds crazy and designed to annoy, but like with OHS regulations, they all came into existence because of an incident.
 
Our ABC. You know. The taxpayer funded green - left propoganda department.

Quoting them exclusively, doesn't further your argument.

The anti ABC comments dont add anything to the discussion either. Clearly the Financial sector has a big responsibility. If they are untrustworthy then they need strong rules. Its unfortunate, but that does seem to be the case. Those rules wont affect the good operators.
Geez, Even the good old Commonwealth bank has been 'at it'.
Its no good talking about self regulation when the damage is done to peoples hard earned nest egg. Its too important not to regulate strongly.
 
I can certainly understand the frustration from honest operators. On the face of it, some legislation sounds crazy and designed to annoy, but like with OHS regulations, they all came into existence because of an incident.
But like OHS, most of the "red tape" has been implemented to stop people scamming money off others. Be that taxpayers, employees or investors.
 
But like OHS, most of the "red tape" has been implemented to stop people scamming money off others. Be that taxpayers, employees or investors.

But like OHS, most of the "red tape" has been implemented to stop people scamming money off others. Be that taxpayers, employees or investors.


We've seen what happens when not enough regulation occurs (insulation deaths). Funny that the party that screams about the checks and balances not being there wants to slacken checks and balances.
 

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Who can you quote to "further your argument"?

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There's gonna be very little left to extract. Come on down, Janet Albrechtsen

The Abbott government has appointed conservative commentator Janet Albrechtsen and former deputy Liberal Party leader Neil Brown to the panel overseeing appointments to the boards of the ABC and SBS.

Read more: http://www.smh.com.au/federal-polit...ments-panel-20140702-3b8rs.html#ixzz36IsOk2Dc
 
Apparently Abbott's inability to explain his ******ed policy is the fault of the ABC.
Can't wait until the next Fedral Election.
I hope they deport the ****er. Immigrant scum.
 

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There's gonna be very little left to extract. Come on down, Janet Albrechtsen

Bolt, Kenny & Murray are all lined up to blessed by Tone so it's just a matter of time, surely though he will call halt when the Jones boy & Michael Smith come a calling for the left overs.
 
More anti government propoganda from the AlpBC.



My point exactly. Of course you will only EVER hear one side from "our" AlpgreenBC
So what is the argument we aren't hearing, Xsess? Is it just 'deregulation = good'?

It's unlike you to go quiet.
 
Just in time for Naidoc week

http://www.theguardian.com/world/20...ustralia-was-unsettled-before-british-arrived
Australia was “unsettled” before the British arrived and owes its existence to Britain’s “form of foreign investment” in the land, Tony Abbott has said.

The prime minister delivered the keynote address to the Australian-Melbourne Institute on Thursday evening and during a question and answer session he was asked about foreign investment in real estate.
 

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