Bye bye Scomo

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22-05-2022, 10:32 AM
GoldfishMan

Quote:

Originally Posted by BennyB

So what specific policies did we all vote for that are going to set us up for success as a society over the next decade and more?

For me, it was more about what I did Not vote for. I did not vote for a Gov whose only strategy for tackling the housing crisis was to let you use your own future money to pay for a house, the price of which will certainly rise by the same amount. It will, you don’t need to be a genius to figure it out. Take a look at what happened to property prices when SMSFs were allowed to purchase investment properties.

That’s got to be the most amazingly stupid idea I’ve ever heard. Fix a demand and supply issue, by increasing the demand!
22-05-2022, 11:22 AM
GoldfishMan

Quote:

Originally Posted by BennyB

Would have made very little difference to the housing market as superannuation balances are so low in the first home owner home bracket and rules around access and return would end up meaning very few could use it and house prices wouldn’t catch a sneeze from it.

But anyway - still curious to know if, as voters, we are clear on what specific policies we voted for and how they are going to make a difference.

I disagree. For one thing, the fact that they could propose such a solution tells me that their general approach to fixing the problem is to throw more money at it. This time it’s the super, next it could be some other source of funding. Salary sacrifice? Increase the super limit to tap into? The population will end up being enslaved to the banks, with ever growing mortgage debts that would never be paid off.

The other thing is you might think 50k was a small amount compared to the price of property, but that’s the amount people can use for only the deposit, not the full price. That means the impact of adding that 50k is almost certainly not going to be just an increase of 50k on the full price of the property, it could be a lot more than that depending on borrowing capacity, etc.
22-05-2022, 11:34 AM
Vader

Quote:

Originally Posted by BennyB

I agree it’s a bullshit solution.

But what do you think of the labor solution and the comparative impact?

Labor's solution would have exactly the same impact on prices. Plus there will be more pressure on housing when they increase immigration.
22-05-2022, 11:39 AM
GoldfishMan

Quote:

Originally Posted by BennyB

I agree it’s a bullshit solution.

But what do you think of the labor solution and the comparative impact?

Labour doesn’t even have a solution, ROFL. That idea where the Gov will take on a percentage of the debt will never be implemented. Too radical an idea with no technical framework to support it. How is it going to be implemented? A government bond type of thing, or are the banks going to need to put a process in place where the Gov is somehow one of the borrowers in a mortgage? How does the debt get paid off, in what sequence, government portion first?

So my opinion is their solution is a non-solution. The property market will continue as market forces dictate. Like I said, they were simply the lesser of two evils.
22-05-2022, 12:43 PM
Ziggurat

Before the election Dai Le said that "win or lose I'm staying in Fowler beyond the election" and asked whether Kristina would too. "Yes, of course" Kristina claimed. Mind you, she had already covered her bases by renting a short term lease. I'm thinking that instead of enduring the flambeau of a western Sydney summer she is going to long very quickly for the cool breezes of Scotland Island to once again kiss her cheeks...:shout:
22-05-2022, 12:53 PM
asiafever

Dai is a true local, went to Cabra high, deputy mayor of Fairfield, KK is an entitled fly-in with NOTHING in common with the constituents. It was a ridiculous plan from the outset. Labor thought it couldn't lose.
22-05-2022, 01:02 PM
FatStache

Have met Dai on a couple occasions, she's a brilliant and admirable lady. Well deserved win for her.
22-05-2022, 01:25 PM
GoldfishMan

Quote:

Originally Posted by asiafever

Dai is a true local, went to Cabra high, deputy mayor of Fairfield, KK is an entitled fly-in with NOTHING in common with the constituents. It was a ridiculous plan from the outset. Labor thought it couldn't lose.

Mate, KK woulda stuck out like a sore thumb at Cabra. Seriously, she might as well have said her GPS malfunctioned that’s why she was there!
22-05-2022, 01:39 PM
asiafever

Quote:

Originally Posted by GoldfishMan

Mate, KK woulda stuck out like a sore thumb at Cabra. Seriously, she might as well have said her GPS malfunctioned that’s why she was there!

Haha correct. I'm just trying to imagine KK walking doqn John St, then through one of the arcades, stopping at a fruit and veg shop, trying some durian...
22-05-2022, 01:41 PM
GoldfishMan

Quote:

Originally Posted by asiafever

Haha correct. I'm just trying to imagine KK walking doqn John St, then through one of the arcades, stopping at a fruit and veg shop, trying some durian...

Durian! She will spit it out and call an ambulance thinking that someone had tried to poison her, lol!
22-05-2022, 01:45 PM
GoldfishMan

Just in: Labour have secured a majority Gov. Hooray, at least they will have some consistency! Good or bad, it’s all up to them now.
22-05-2022, 02:06 PM
asiafever

Quote:

Originally Posted by GoldfishMan

Just in: Labour have secured a majority Gov. Hooray, at least they will have some consistency! Good or bad, it’s all up to them now.

Correct, good or bad it's all on them.
22-05-2022, 02:12 PM
rooter

Quote:

Originally Posted by GoldfishMan

Just in: Labour have secured a majority Gov. Hooray, at least they will have some consistency! Good or bad, it’s all up to them now.

That’s a good result.
I like the Greens and most of the Independents but a majority government is best for the country.
Getting agreement from the cross benches on everything is a nightmare.
It’s enough that the small parties and independents have the balance of power in the Senate.
22-05-2022, 03:05 PM
dannyboy

Quote:

Originally Posted by asiafever

Dai is a true local, went to Cabra high, deputy mayor of Fairfield, KK is an entitled fly-in with NOTHING in common with the constituents. It was a ridiculous plan from the outset. Labor thought it couldn't lose.

I could have told them putting a non local American in Cabramatta was not a good idea..
22-05-2022, 03:24 PM
dotcumdotinyou

That's the problem with labour, they think they can do anything they want in a "safe" seat. So good to see the locals hitting back.

Good to see KK out of government too, she was one of the three who was accused of bullying a fellow female senator before she passed away and albo was too gutless to recommend an enquiry.
22-05-2022, 06:11 PM
GoldfishMan

Quote:

Originally Posted by BennyB

Not quite. We will have a Labor Greens Alliance for the next four years.

Labor will require Greens support to pass Legislation in the Senate. It’s back to the days of Rudd, if you were a fan of that era.

Nothing new about the senate. There has not been a dominant party there since 2009.
22-05-2022, 07:05 PM
Climax598

Quote:

Originally Posted by BennyB

Not quite. We will have a Labor Greens Alliance for the next four years.

Labor will require Greens support to pass Legislation in the Senate. It’s back to the days of Rudd, if you were a fan of that era.

Good I don't one to see a "bulldozer" Government🤣
22-05-2022, 07:24 PM
DrBean

While I cannot vote, there seems to be very little difference between the two major parties and their policies. I recall reading an article by an economics firm that suggested over the past 20 years there was a less than 5% GDP impact between the major parties’ policies.
22-05-2022, 07:38 PM
DrBean

I shall try to locate this in my archives. I think I may have saved the publication. Apologies I should have provided a reference rather than hearsay.
22-05-2022, 08:07 PM
rooter

Quote:

Originally Posted by tpol

Will albanese entice girls baack

Albanese's swearing in as Prime Minister was fast tracked so he can fly straight to Tokyo first thing monday morning where he will meet Japanese Prime Minister Fumio Kishida.
Clearly the importation of Japanese sex workers is his top priority.
The rumour is he has a list of Top 10 JAV actresses he wants the Japanese to lend us as part of an arts and culture exchange. In return we are giving the Japanese Bluey's mum and Kath and Kim.
President Biden and Indian President Modi are also flying to Japan to bid for the JAV stars.
No doubt Modi will be haggling non stop for a discount.
Will be the first big test for Albo if he can out haggle Modi. Lets see if Albo has got what it takes.
22-05-2022, 08:57 PM
AHLUNGOR

Quote:

Originally Posted by GoldfishMan

That’s got to be the most amazingly stupid idea I’ve ever heard. Fix a demand and supply issue, by increasing the demand!

Yeap, simple Econ 101, supply and demand!

Why no government ever willing to commit for more supply ??

The State government should be the biggest long term housing developer and set some restrictions on these units to limit the sale prices and foreign ownership and investment property .

Why can’t we learnt from the Singapore government, we have plenty of land and enough money to build. Let the Australian people own their own home which they can afford and own them for 99 years. It’s a great policy !
22-05-2022, 09:11 PM
AHLUNGOR

Quote:

Originally Posted by rooter

Albanese's swearing in as Prime Minister was fast tracked so he can fly straight to Tokyo first thing monday morning where he will meet Japanese Prime Minister Fumio Kishida.
Clearly the importation of Japanese sex workers is his top priority.
The rumour is he has a list of Top 10 JAV actresses he wants the Japanese to lend us as part of an arts and culture exchange. In return we are giving the Japanese Bluey's mum and Kath and Kim.
President Biden and Indian President Modi are also flying to Japan to bid for the JAV stars.
No doubt Modi will be haggling non stop for a discount.
Will be the first big test for Albo if he can out haggle Modi. Lets see if Albo has got what it takes.

Purely on a punting talents point of view. All AA has to do is stand up for Australia and not following on the ass of Joe Biden. We should have our own foreign policy and economic priorities with our No. 1 trading partner- China .

Once the Chinese students, working holiday, backpackers and general tourists return , there will be hundred times more talents than what the Japs can supply . No ?
22-05-2022, 10:48 PM
woodland

Quote:

Originally Posted by rooter

Sunday morning and we wake up to Morrison and his corrupt Liberal cronies finally out of office.
A great day for Australia and a great day to be Australian.
That scumbag was unfit to be the leader of our beautiful country.
Good riddance to bad rubbish.
It’s a beautiful day!
And great to see the obnoxious Kristina Keneally told to fuck off by the people of Western Sydney.
Again good riddance to bad rubbish!
A “fuck you” delivered to Keneally and the arseholes in ALP Head Office from the people of Western Sydney.
Congratulations Dai Le, the peoples candidate and peoples choice.
Democracy is a beautiful thing when it works the way it is meant to.

Bravo! Too true, too true!
22-05-2022, 10:50 PM
woodland

Quote:

Originally Posted by AHLUNGOR

Purely on a punting talents point of view. All AA has to do is stand up for Australia and not following on the ass of Joe Biden. We should have our own foreign policy and economic priorities with our No. 1 trading partner- China .

Once the Chinese students, working holiday, backpackers and general tourists return , there will be hundred times more talents than what the Japs can supply . No ?

Agree with you there Ahlungor.
23-05-2022, 01:28 PM
tkicks

Come back to this thread 4 years from now when Labor have messed everything up....socialism never ever works....enjoy your 4 years of regional jobs lost/crazy power prices all in the cause of virtue signalling on emissions...enjoy your taxes being hiked to subsidise EVs for rich people and to pay for hand outs to lazy benefits harvesters who just got off the boat...enjoy your kids having race and gender theory brainwashing in kindie and then can't count or write when they reach 18...enjoy the govt taking on debt that your grandchildren have to pay off....enjoy all the quotas at work that see less qualified than you become your boss just because they female....enjoy being the victim of crime and the criminals escaping punishment......you'll be begging peter Dutton to fix it all

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