What will a Scott Morrison government look like?

[Maggie5]

So it looks as though Morrison's only policy, tax cuts, won't be able to be legislated in time to apply before the end of the financial year despite his bluster during the campaign.

I am thinking that Australia elected their version of Trump. Big end of town cheering.

 

[kickazz]

+1 for Sinodinos being someone with listening to. An intelligent and pragmatic man.

 

[kickazz]

Now the election has been won, business will really flourish and employ more people, even labor voters.

This government has just presided over a per capita recession. What specific policy changes will they use to turn things around to "flourish" mode? Hope for the best?

 

[EasternTiger]

This government has just presided over a per capita recession. What specific policy changes will they use to turn things around to "flourish" mode? Hope for the best?

Business was wary of a Shorten labor government, and has been treading water for the better part of a year.

The doom and goom of a labor govt was hanging over our heads like a dark cloud, like impending danger

Now the shackles are off, the skys the limit. The stockmarket surged just on the strength of ScoMo's victory.

 

[Chief]

 

[Chief]

This government has just presided over a per capita recession. What specific policy changes will they use to turn things around to "flourish" mode? Hope for the best?

And ScamMo just promised more of the same.

 

[GoldenSky]

Business was wary of a Shorten labor government, and has been treading water for the better part of a year.

The doom and goom of a labor govt was hanging over our heads like a dark cloud, like impending danger

Now the shackles are off, the skys the limit. The stockmarket surged just on the strength of ScoMo's victory.

Exactly! Funny to think that the lethargy in the economy being blamed on ScoMo was actually because a Labor victory had been built in for years. Too funny!

 

[GoldenSky]

And ScamMo just promised more of the same.

So, I assume you support business tax cuts then to support greater business investment and the economy growing, as most of Labor's front benchers have said in the past? Or are you one to parrot Shorten envy lines about the "top end of town"?

Can't be both!

 

[Chief]

Exactly! Funny to think that the lethargy in the economy being blamed on ScoMo was actually because a Labor victory had been built in for years. Too funny!

I know! The lies people will tell themselves!

 

[Chief]

So, I assume you support business tax cuts then to support greater business investment and the economy growing, as most of Labor's front benchers have said in the past? Or are you one to parrot Shorten envy lines about the "top end of town"?

Can't be both!

Where is the $160bil coming from to allow for the shortfall in tax revenue over the next decade?

 

[Gough]

This government has just presided over a per capita recession. What specific policy changes will they use to turn things around to "flourish" mode? Hope for the best?

It's as if the GFC never happened when you hear the Libs bigging up themselves on the economy.

 

[Mr_Moogle]

People went into this election fearing Labors policy changes when they should have been fearing living in a recession under a Liberal government. If anybody wants to know what this government will look like, check out the UK post 2008. This country is about to head into a massive recession and when it does, the Liberal party will introduce austerity measures that will utterly * the working and middle classes.

 

[GoldenSky]

Where is the $160bil coming from to allow for the shortfall in tax revenue over the next decade?

Businesses grow! Profits grow! More tax take!

 

[GoldenSky]

It's as if the GFC never happened when you hear the Libs bigging up themselves on the economy.

Sorry but we had a DISPROPORTIONATE response by Labor to the GFC because we were going through a massive mining boom at the time.

Labor introduced a response more suited to Greece than to Australia.

Saving a couple 0.x% of economic growth in a quarter or two in 2009 has meant a whole decade of paying off Labor's debt with a massive interest bill.

 

[GoldenSky]

Why don't people understand there is not some massive line between, say, 0.2% growth and -0.2% growth in a quarter other than the scary word "recession"?

 

[Mr_Moogle]

Why don't people understand there is not some massive line between, say, 0.2% growth and -0.2% growth in a quarter other than the scary word "recession"?

You just said it was going to be boom times. Now you say recessions aren't that bad anyway?

 

[GoldenSky]

You just said it was going to be boom times. Now you say recessions aren't that bad anyway?

I said we were going through a mining boom so economic growth was NEVER going to plunge to the depths that it did in the EU or US.

 

[Mr_Moogle]

I said we were going through a mining boom so economic growth was NEVER going to plunge to the depths that it did in the EU or US.

We aren't going through a mining boom now though so I'm not sure why you're optimistic about this country's economy over the next few years.

 

[EasternTiger]

Exactly! Funny to think that the lethargy in the economy being blamed on ScoMo was actually because a Labor victory had been built in for years. Too funny!

They just don't get it do they.

It's hard to discuss where we're going, if they don't understand where we've been.

Never mind. We have 3-6 years to educate them.

 

[GoldenSky]

We aren't going through a mining boom now though so I'm not sure why you're optimistic about this country's economy over the next few years.

Iron ore reached 100$ US a tonne for the first time in years yesterday.

With Adani and other mining projects now looked upon more favourably, not long to wait for another mining boom benefiting all Australians!

 

[Maggie5]

With Adani and other mining projects now looked upon more favourably, not long to wait for another mining boom benefiting all Australians!

You are of course assuming that they will pay tax and not writeoffs or send profits to some island.

Maybe a couple of thousand employees will benefit which is good but ALL Australians?

 

[The Warlord]

I'm not sure what else. Maybe some fair dinkum attacks on IR law or wage protections. Lastly, coal power is going to be a thing. Adani and existent suppliers are going to need somebody to sell to, with international demand being shaky.

Dunno on that. First party room/Cabinet meeting is going to have Joyce/Christensen/Canavan etc going "THE ELECTION PROVED WE WON COZ PEOPLE WANT COAL!" and then the Vics and New South types led by Frydenberg will get up and go "THE ELECTION PROVED IF WE KEEP GOING COAL WE WILL LOSE MORE SEATS LIKE WARRINGAH"

That tension isn't resolved and will just get worse. The few smart ones left like Sinodinos know that next time round Labor won't offer a franking credits target, not a dud leader and that climate will be even further up the list. He knows this wasn't some stunning victory - that in fact everything had to go right for them to stand still. It did, but that won't happen again. Will Clive give them $60m in free advertising again? Hmmmm.

I reckon the whole show will fall apart pretty quickly as those tensions rise again - the battle for the soul of the right side of politics hasn't been settled by this election, far from it, if anything, the divide has been brought in relief more clearly.

They might get majority of one or two, but the standard of candidate was pretty low, won't be too surprised if they lose a couple early on (Dutton via s22, Gladys Liu dodgier than a three bob note etc etc). Minority then involves being hostage to Zali Steggall etc. Then there's the Senate, which will do them no favours.

Add to that the local and global economy slowing, then the impact of the inevitable events dear boy, events - anything from Iran v US turning hot and oil prices doing a 1973 again to Murdoch carking it and the institutional investors breaking up the empire and philosophy and thus their most effective attack dogs - and it is really hard to see how they can come again in 2022.

Rather than a Howard in 2004 over-reach leading to people going NAAAAH I suspect these three years will be more like the dying days of the Major government, or Fraser in the early 80s. - gridlock, scandal, economic downturn.

If Labor go Jim Chalmers they are already halfway to winning a handy majority. Those Queensland seats will swing hard either way, they aren't baked in Lib safe by any stretch.

 

[The Warlord]

With the lefty faction of Turnbull, Bishop, Pine, Brandis and Banks gone Morrison has the best chance in 12 years to finally give Australia good goverance.

What i want to see;

-three successive surplus's, tax cuts and reduced red tape
- reduce spending on the public service
-take a good old look at the childcare rippoff industry
-royal commission into the union movement/Getup dodgy funding arrangements
-Reward the great Tony Abbott with the diplomatic post Shorten offered Bishop
-Reward Victoria and South Australia by defunding them and diverting to Qld, tear up SA's sub contract and give it to WA
-Reward the ABC by selling /defunding them
-slash our migrant intake, reduce refugee intake to 5000
-revise our climate target to 15%, use the extra dollars to prepare / insulate us from its effects
-fund new coal fired power stations to reduce power prices, build nuclear power stations in the northwest alongside huge desalination plants (or standing water), irrigate the top end
-withdraw from Paris agreement and tell the UN to ead
- have a good look at indigenous welfare issues, remove the leftists and do what needs yo be done to help
- forge closer ties with the US

You know there was one them already by this government?

 

[The Warlord]

+1 for Sinodinos being someone with listening to. An intelligent and pragmatic man.

Interviewed him once, very interesting, intelligent, pragmatic man as you say. Had a similar sitdown with Cory Bernardi a few months later, my God, the difference.

 

[The Warlord]

Business was wary of a Shorten labor government, and has been treading water for the better part of a year.

The doom and goom of a labor govt was hanging over our heads like a dark cloud, like impending danger

Now the shackles are off, the skys the limit. The stockmarket surged just on the strength of ScoMo's victory.

Wholesale power prices surged too after the election because there's three more years of no actual energy policy.

Actual industry - as in makes things, genuinely creates jobs - is flat after the election.

The business/scam of making money by shifting (often illusory) money around on computer screens went up when they realised that even the light restrictions they may have faced will go out the window now.