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@mariner4life said in Aussie Politics:
Meanwhile the RBA have cut interest rates 50 points in a month, and we now have an official cash rate of 1%
Not looking great out there.
Increased liquidity from tax cuts eaten by real cash rate.
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@antipodean said in Aussie Politics:
@mariner4life said in Aussie Politics:
Meanwhile the RBA have cut interest rates 50 points in a month, and we now have an official cash rate of 1%
Not looking great out there.
Increased liquidity from tax cuts eaten by real cash rate.
the savings on their mortgage might mean people can pay their electricity and insurance bills.
otherwise they will pay more off their mortgages to safeguard against future pain.
Do the old rules hold true any more?
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@mariner4life said in Aussie Politics:
@antipodean said in Aussie Politics:
@mariner4life said in Aussie Politics:
Meanwhile the RBA have cut interest rates 50 points in a month, and we now have an official cash rate of 1%
Not looking great out there.
Increased liquidity from tax cuts eaten by real cash rate.
the savings on their mortgage might mean people can pay their electricity and insurance bills.
otherwise they will pay more off their mortgages to safeguard against future pain.
Do the old rules hold true any more?
If they're smart (and able) they'll keep paying their mortgage at the same amount as their equity decreases but I have little (none) sympathy for those who bought at the top of the market chasing absurd capital gains.
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On mortgages and housing, we don’t seem to be hearing the “overheated Melbourne and Sydney” tag line being thrown around. Which is a good thing.
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@ACT-Crusader No, you just have vested interests talking about bargains and recoveries. Domain.com.au for example.
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Governments should be borrowing like mofos and financing infrastructure builds - particularly energy transmission infrastructure.
OR they could just hand out a high tax bracket break waaaaaay off in the distance and straitjacket future services funding. Whatevs.
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https://amp.abc.net.au/article/1128
Mine safety committee dissolved last year
Shortly before the State Government headed into crisis talks this afternoon, it was revealed a mining safety committee has been idle for six months because it could not reach a gender quota — during which time four miners have died.
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@NTA the numbers tell a different story Nick. Increased funding every year over the next decade for public schools, hospitals, bulk billing.
I agree that infrastructure is much needed and states and Commonwealth should be looking to push some of this forward.
Iron ore prices are high and Rio, BHP, FMG, Gina, can’t get it out of the ground quick enough.
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@ACT-Crusader which is really where mining should start to pivot in the journey away from coal. Would be nice if we were manufacturing as well.
Thing is, if tax cuts are coming, but spending continues to climb, are we just going to see gross debt continue to climb under this government?
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@NTA said in Aussie Politics:
@ACT-Crusader which is really where mining should start to pivot in the journey away from coal. Would be nice if we were manufacturing as well.
Thing is, if tax cuts are coming, but spending continues to climb, are we just going to see gross debt continue to climb under this government?
Depends if spending is constrained. The important aspect to remember about the tax cuts is all it does is address bracket creep because neither side of politics will index tax rates.
I'm reminded of Packer's appearance (from 7:42 onwards)
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And an Aussie basketballer has to bring that insane US racism shit to Australia.
Anyone who has ever stepped foot into a casino in any of the Aus capitals knows how multi-ethnic the clientel are. Claiming that people of colour are excluded is absolutely insane. I was carded aged 27 FFS. They card just about everyone in their early 20s.He shouldn't get away with this bullshit, but he probably will.
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@Rancid-Schnitzel I got denied entry in Queenstown for not having ID. No doubt because of my Irish heritage, nothing at all to do with my babyface.
Hate crunts like this. Race baiting alarmist out for personal gain by harming others...and he's a millionaire. Privileged wankstain.
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@Rembrandt said in Aussie Politics:
@Rancid-Schnitzel I got denied entry in Queenstown for not having ID. No doubt because of my Irish heritage, nothing at all to do with my babyface.
Hate crunts like this. Race baiting alarmist out for personal gain by harming others...and he's a millionaire. Privileged wankstain.
It makes a mockery of the civil rights struggle and victims of actual racism. And you can imagine the effect this will have in the US. "Ben Simmons is a basketball superstar but in his native country he's still a second class citizen". Why do they want to create this narrative? What do they honestly hope to achieve?
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Why are Australian courts giving Jussie-Smollett-types the benefit of the doubt and not permitting a defendant to face their accuser?
Judge calls rape case evidence law an ‘affront to justice’
A man accused of rape will be forced to defend himself in court without being allowed to tell the jury about the alleged victim’s history of making false allegations to police, in a situation the judge has labelled an “affront to justice”.
A NSW judge has called for law reform after he was forced to exclude the evidence from the man’s trial because it was caught by strict state legislation aimed at protecting rape victims from being cross-examined on their sexual history.
He joins at least three other judges who have called for the legislation to be reformed to give courts a wider discretion to allow evidence to prevent an injustice. [...]
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@Rembrandt said in Aussie Politics:
Oh.....good.
To be fair I never watched women's cricket anyway. Will probably give it a squiz though when a fat bloke in a wig starts dominating and folk cheer it on not daring to mention the emperor's bits on display.
What are "gender diverse players"?
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@Rancid-Schnitzel fucken me now!!!
Play at the best grounds, free tea and lunches, training gear, coaching, mediocre bowling. Fuck yes. Where do I sign up and what do I have to tell them??
I knew my day would come, at 50 plus. God bless diversity
😁👍
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@Rancid-Schnitzel said in Aussie Politics:
@Rembrandt said in Aussie Politics:
Oh.....good.
To be fair I never watched women's cricket anyway. Will probably give it a squiz though when a fat bloke in a wig starts dominating and folk cheer it on not daring to mention the emperor's bits on display.
What are "gender diverse players"?
Liars? Narcissists?
Aussie Politics