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Thread: Who likes pork?

  1. #61
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    Quote Originally Posted by cookiesa View Post
    I love the references back to the 80's and the "recession" we had to have. One might want to look a little further afield at what happened globally. Then have a look now at what is happening globally, particularly the US stock market and prepare for what is coming in around 12-18months time, it won't be anything like the 80's but where will even a 4% increase in rates leave working Australia..
    Collapse of the US economy as the bottom falls out of the share market, due to hundreds of thousands of "baby boomers" being forced to sell shares held in retirement funds?

    I invest in real estate, not shares...

  2. #62
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    Quote Originally Posted by dirtdawg View Post
    i find what most people do for a living dictates who they vote for and usually those of a white collar job are lib voters
    Often correct. As a broad generalisation (is there any other type? ):

    Labour = Blue Collar Workers, Union Types, Etc.

    Liberal = White Collar Workers, Small and Large Business Owners, Etc.

  3. #63
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    Quote Originally Posted by spudboy View Post
    yeah - and farmers........
    Isn't owning a farm the same as running a small business?

  4. #64
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    Quote Originally Posted by cookiesa View Post
    That's a big generilisation, plenty of small business owners don't vote liberal because they hate the a mount of work the GST has created for them. How many small business people do you really think have gone out and employed people because of AWA's???

    Really? Have a think about how much more work this creates for small business again. You can't just check out the relevant award and employ someone based on those conditions.

    Yet again the libs are making business owners administrators for the government. Not all business owners want the hassle of AWA's.... much like many workers.

    Oh and yes I do employ people and own a small business

    I don't think the GST adds a huge workload to a well run small business.

    You can employ people by the award. Just because AWAs are available for use, doesn't make them compulsory.

    I currently work in a small business, in the past I have been the Director / Owner of one.

  5. #65
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    For the next 6 weeks this thread has to potential to reach the upper limits and equal the number already on the 'i can see stars' thread.
    A good subject to discuss over a campfire.
    If you are academically inclined it is an equally interesting subject to study, I did one unit at uni, should have done more, fascinating stuff, when you understand the system.

    While there are many differing opinions on who normally votes for which party, the reality is, IMHO, you should look forward and not backward. not what they have done, but what they can /or will do.
    My personal opinion is this, we are due for a change, world economics was not developed by costello. We are just riding the shirt-tails of a world/region economic boom,
    Local industry is declining and being fed off to our neighbours.
    Who benefits from that, the industry bosses and shareholders.
    In any modern society we need workers, regardless of the work they do,not everybody is going to be the boss/ the cheque writer, they can be; office workers, shop assistants, panel beaters, garbo's, stop/go people, productionline operators,nurses,police, ambo;s, truck drivers and teachers.
    When workers are ignored and attempts made to control them, industry will suffer. ie workchoices, if it wasn't broken why try and fix it.
    The current politicians have become politically stale!, we need some fresh ideas. fresh faces, imagine having the same faces on your favourite team for 12 years!
    The view that the other team is new and had never governed is not an issue. I guess those in at the moment forgot they were in the same position when they first got voted in.

    Keyholing voters occupationally , I believe is a thing of the past. Most voters are more politically aware these days and know when they are being fed cr*p , which is the norm leading up to an election.
    Your vote is a personal thing, decided by your current views and whether you believe they are telling the truth or lying!!


    john

    (nb. all comments are mine , I am not aligned with any political party!!)
    Last edited by JohnE; 17th October 2007 at 02:28 PM. Reason: oops

  6. #66
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    Quote Originally Posted by Captain_Rightfoot View Post
    No matter who you vote for you'll end up with a politician
    I like the fact that we live in a democracy, we elect a government who then seem to do what they bloody like. This seems to apply to both Lib & Labor.


    Martyn

  7. #67
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    Quote Originally Posted by Bushie View Post
    I like the fact that we live in a democracy, we elect a government who then seem to do what they bloody like. This seems to apply to both Lib & Labor.


    Martyn
    Hehe.

    We live in a dictatorship. But we do get the chance to change dictators every three years

    GQ

  8. #68
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    I'm pleased with the economic policies of the current govt. They've been good to my business and removed a lot of the quagmires put in place by Mr Keating.

    They smoothly pulled us through the so called asian economic crisis a few years back; and have taken advantage of the current boom.

    Labor govts have generally overspent and caused rises in interest rates. Sure, now Rudd is saying we've had a few rises in the past year or so, but 7% is still fantastic. Don't forget that they were around 10% when the Libs came to power.

    IMO if they go over 9%, with the amount of negative gearing out there, this country will collapse. Entirely feasible under a Labor Govt.

    And lastly, I've got a D3.

  9. #69
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    Quote Originally Posted by Jamo View Post
    IMO if they go over 9%, with the amount of negative gearing out there, this country will collapse.

    .
    So true. I have never really understood why someone would make a loss on a property deal just so they could potentially save paying some tax.

    Surely the better bet is to make a profit on the property bill and still have tax advantages?

    Our investment house is floating around the negative / positive geared boundary at the moment. When possible, we pay lump sums off to swing it more in the positive favour.

    No D3 for me, I don't like buying depreciating "assets" on finance (currently being an employee, it is difficult to write off vehicle expenses). Hence the 19 year old Range Rover.

  10. #70
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    Quote Originally Posted by BigJon View Post
    So true. I have never really understood why someone would make a loss on a property deal just so they could potentially save paying some tax.

    Surely the better bet is to make a profit on the property bill and still have tax advantages?

    Our investment house is floating around the negative / positive geared boundary at the moment. When possible, we pay lump sums off to swing it more in the positive favour.

    No D3 for me, I don't like buying depreciating "assets" on finance (currently being an employee, it is difficult to write off vehicle expenses). Hence the 19 year old Range Rover.
    Merely a thought here ... the interest etc on the investment property is fully deductible. So ... instead of pushing lump sums into it to reduce the mortage. Have you thought of building up a managed share portfolio ? They seem to be performing quite well and you are spreading your investment more somewhat.

    Cheers

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