Printable View
im all out for money being given to mining industry? that news to me.Quote:
Originally Posted by incisor
it never makes its money back, look at the car industry.
if the govt made that much return, it would be investing more money. no such thing as a free lunch.
without that 200m handout the business would collapse yes? i call that a bad business model.
Quote:
Originally Posted by frantic
if its being bought and their making a profit, why are they shutting down?
I will ask him,I know he was quite annoyed about it as he uses the money for the year to top up his student allowence.Quote:
Originally Posted by Bytemrk
Andrew
Developed economies make complex premium products such as cars, ships, planes etc which require high investment in skills and facilities. Undeveloped economies don't. Which do we want to be?
Governments should enforce buy locally policies to support local industries by ensuring a base local market exists. For example we have a gas mining industry because the Qld Government in 1995 required 15% of Queensland's electricity to be generated by gas not coal
We might have retained a car manufacturing industry if the Abbott Government had continued the previous government's policy of supporting the manufacture of vehicles which were competitive such as the Holden Cruze and Ford Territory.
Thailand has become the 'Detroit of Asia' by imposing 400% import duties to protect companies which agree to make cars there (which we Aussies buy). That makes the Thais smarter than us Aussies.
If we throw away the steel industry because we're too selfish to work together to build up the country then we also undermine the industries which use its products to manufacture locally. That makes our country poorer and we all lose out in the long term.
We'll end up at the mercy of foreign companies who will jack up their prices to make us pay for being vulnerable to being exploited. I've just come back from Vanuatu so I've seen a vulnerable economy first-hand. Its not a pretty sight.
Surely its time for us Aussies to reject ideological economic theories and get back to doing what actually works in real life. Are we too stupid to see the truth?
Sent from my SM-G900I using AULRO mobile app
very myopic viewQuote:
Originally Posted by Eevo
well proven that the government both state and federal were getting back much more than they were putting in... sure it wasn't directly but they were certainly getting it back indirectly from the workers and the businesses that depended on it and were supplying it.
whether the company made anything out of it has nothing to do with it in the long run.
conservative governments have been selling off profitable bits of government for years. it's what they aspire to... read their policy platforms.. if it can make money it should be in the private sector they say.. then they pump out the tripe about government having not enough income to pay for health and education.
i'll leave you too your one eyed ideology....
Once again we get this same old clap trap argument .................. (in what had been a pretty good thread, free of politics and blind stupidity up until now).Quote:
Originally Posted by DiscoMick
Never mind that all three Australian car manufacturers had made up their mind to close up shop well before the Abbott government was elected to power - and Ford even made the announcement of their intentions before that election.
The decisions of the car makers were taken at a corporate level, outside of Australia, and were based on each company's interpretation of world competiveness and the size / capacity of the Australian market at the time - and had little, if anything at all to do with who was in government in Australia at the time (or who might / might not have been elected next time round - I don't think any of the car manufacturers had an accurate crystal ball at their disposal). These are undisputed and documented facts.
But some people never let the facts get in the way of their one eyed view of politics, and continue to dribble the same old garbage, even though it has been shown time and again for the garbage that it is. ;)
The biggest problem that I see today are the so called "free trade agreements" and the supposed "level playing fields". It is patently obvious to blind freddy that the playing field is definitely NOT level, across a very broad range of industries. This has been the doing of governments of BOTH persuasions - and is likely to continue as a problem for some time to come - until someone in high places realizes that these agreements are to Australia's detriment and has the balls to do something about it. If you are stupid enough to start pointing the finger at any one party / government - the demise of the Australian car industry is said by many commentators to have started with the "Button Plan" - a bloody long time before the Abbott government was even thought of.
The Mafia?Quote:
Originally Posted by incisor
Quote:
Originally Posted by LandyAndy
Pretty sure that HECS re-payment is based on "annualised" earnings, and not "annual" earnings. Unless I'm mistaken, the "ability" to re-pay HECS would be based on your pay for an individual pay period, multiplied by the number of pay periods in a year to give a calculated "annualised" earnings - in much the same way that taxation liability is calculated each pay period.Quote:
Originally Posted by Bytemrk
For example, I only work occasionally these days, but when I do work I am still taxed in the top tax bracket. They take my weekly earnings and multiply it by 52 to arrive at an "annualised" figure, and then tax me on that basis. The fact that I no longer work anywhere near the 52 available weeks in the year means that I get a refund at the end of the financial year, when the tax that I have paid is assessed against the actual earnings over the full year.
I'm not sure if you can claim a refund on HECS fees paid on this basis (somehow I doubt it) - but it is definitely worth asking the question of a decent taxation accountant.
It's got me buggered why Lindsay's student payments are affected by your super contributions though Andrew. As he is no longer a "dependent" and you are not claiming anything for him, I can't see how your financial matters should affect his entitlements.
Google the "Australian Debt clock" for probably the real reason we are not in good shape .
A Nigerian bank account, promise I will send the 1200m
We are a trading nation,and need to trade on our strengths. Last thing we want is barriers go up around the world blocking our exports.
About the best any Govt can do to protect industry is
Rigorous anti dumping controls
Rigorous quality control so we don't get crappy steel, cars, building cladding etc. Ffs the USA did not pick up non compliant VW for how many years
And give bonus marks for local content in contract tenders