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  don_dunstan Minister for Railways

Location: Adelaide proud
We show dogs and also breed some. Over the years we have shown various breeds, and then retired them, so from the oldest to the youngest, we have two Irish Setters, two English cockers Spaniels, and three Golden Retrievers. We also have two additional English Cocker Spaniels who are visiting to be groomed and trimmed, making up the nine. We have council permission for seven dogs normally.

I notice Nicola Roxon has furthered the cause of Labor dis-unity yet again overnight by referring to Kevin as a 'bastard'. Will they ever learn?
TheBlacksmith
I like Golden Retrievers, they're always happy aren't they.  My friends who live outside of Ballarat were thinking about having boarding kennels at one stage but they got all sorts of grief from their neighbours about their idea which is fair enough - they're only on two acres and it's on the verge of a small hamlet so not as well suited to it as when your neighbours are a few hundred metres away.  I gather that your nearest neighbours are a fair distance away?

Nicola used to be my local member when I lived on that side of town - she's not an MP any more so she can say what she likes.  Maybe she felt it needed to be said.  Personally I think people should just forget about Kevin now he's a backbencher - he'll probably leave at some stage before the next election anyway.  He's worth millions (or at least Therese Rein is) so why should he bother with playing in the sand-pit any more?

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  Aaron Minister for Railways

Location: University of Adelaide SA
A kennel of dogs probably make less noise than a single 'lap dog' left in the backyard whilst his full time working owner goes to work all day. The Goldie breeder I am talking about lives in Goodwood, as Don could attest, a relatively upmarket inner (or perhaps outer edge) city surburb.

The Scottie breeder lives in suburbia Port Adelaide(ish) way IIRC, and now that I think about it, another friend bought their Scotties from a breeder in Morphettville - again, a sort of upmarket city suburb. Scotties don't take much room... Irish Setters on the other hand...
  don_dunstan Minister for Railways

Location: Adelaide proud
The Goldie breeder I am talking about lives in Goodwood, as Don could attest, a relatively upmarket inner (or perhaps outer edge) city surburb.
Aaron
I had a chance to buy a house in Wayville (same area) when I was living in Adelaide 15 or so years ago; I'm kicking myself that I didn't do it now.  Adelaide is still about half the price of comparable areas in Melbourne though.

So now we add Don Randall (Liberal MP) to the list of people charging inappropriate trips to the taxpayer.  I must say, I'm not sure if I buy the 'ignorance' excuse this time - there's just too much of this sort of thing (on both sides) coming out of the woodwork.  If the letters page of the Herald-Sun is anything to go by, people are very angry about the behaviour of our MP's.  If the average bloke did this they'd be sacked wouldn't they?  Instead there's not even a slap on the wrist.  One rule for them, another for everyone else?
  TheBlacksmith Chief Commissioner

Location: Ankh Morpork
I had a chance to buy a house in Wayville (same area) when I was living in Adelaide 15 or so years ago; I'm kicking myself that I didn't do it now.  Adelaide is still about half the price of comparable areas in Melbourne though.

So now we add Don Randall (Liberal MP) to the list of people charging inappropriate trips to the taxpayer.  I must say, I'm not sure if I buy the 'ignorance' excuse this time - there's just too much of this sort of thing (on both sides) coming out of the woodwork.  If the letters page of the Herald-Sun is anything to go by, people are very angry about the behaviour of our MP's.  If the average bloke did this they'd be sacked wouldn't they?  Instead there's not even a slap on the wrist.  One rule for them, another for everyone else?
don_dunstan
Don't forget that this is similar in concept to the idea of claiming things you are not entitled to on your tax return. Both actions deprive the public purse of money. The difference is that when you do it on your tax return, the ATO may be looking at it or may not. When a pollie does it, half the country is watching.
  don_dunstan Minister for Railways

Location: Adelaide proud
Don't forget that this is similar in concept to the idea of claiming things you are not entitled to on your tax return. Both actions deprive the public purse of money. The difference is that when you do it on your tax return, the ATO may be looking at it or may not. When a pollie does it, half the country is watching.
TheBlacksmith
If you did what they're doing in the private sector you'd be out the door.  You certainly wouldn't have a chance to pay it back with no penalty.  People compare what would happen to them in their own lives, regardless of whether it was a genuine mistake or not, and they're justifiably angry that there's no sanction whatsoever.

Using taxpayer money to inspect an investment property on the other side of the country - it's really hard to imagine how he could have possibly thought that it was part of his duties in public office.
  T88 Junior Train Controller

Location: Banned
RP is the only reliable source for Abbott news on the Internet.

So how's the abolishment of the carbon tax going? Last I heard it would be scrapped from day one. Now Abbott is saying it will take time and be done by the end of his term.

Any tally on boat arrivals this week?
  2301 Train Controller

Location: Banned
Good to see our friends at the Greens haven't changed. Stupidity and deceit is their trademark; Adam Brandt is now blaming Tony Abbott for the bushfire emergencies in New South Wales.  He obviously doesn't seem to be too concerned about the people caught up in this emergency by using them to sleight Abbott.

Typical green/lefto thinking at hand here.
  The Vinelander Minister for Railways

Location: Ballan, Victoria on the Ballarat RFR Line
RP is the only reliable source for Abbott news on the Internet.

So how's the abolishment of the carbon tax going? Last I heard it would be scrapped from day one. Now Abbott is saying it will take time and be done by the end of his term.

Any tally on boat arrivals this week?
T88
Don't forget the 'national emergency' that is Labor's crushing deficit Exclamation

So important and urgent is it to address this national emergency that the house still hasn't sit over a month after the polls and wont sit for at least another 3 weeks...Rolling Eyes

Mike.
  Aaron Minister for Railways

Location: University of Adelaide SA
RP is the only reliable source for Abbott news on the Internet.

So how's the abolishment of the carbon tax going? Last I heard it would be scrapped from day one. Now Abbott is saying it will take time and be done by the end of his term.
"T88"
Well we wouldn't turn to you for fact, now would we, for you and those others with poor memory, here's what was actually said:

If the Coalition is elected, we will take immediate steps to implement our plan to abolish the carbon tax.
·On day one, I will instruct the Department of Prime Minister and Cabinet to draft legislation that repeals the carbon tax and to have the legislation ready within one month.
·On day one, the Treasurer will notify the Clean Energy Finance Corporation that it should suspend its operations and instruct the Treasury to prepare legislation to permanently shut-down the Corporation.
·Within the first month, the Cabinet will approve legislation to repeal the carbon tax.
·On the very first day of a new Parliament, the Coalition will introduce legislation to repeal the carbon tax.
"LNP Pre Election Policy"

https://www.lnp.org.au/campaign/tony-abbott-press-release-coalition-moves-immediately-to-scrap-the-carbon-tax/

Just in case you missed it the election was September 7 (a Saturday)

A federal election to determine the members of the 44th Parliament of Australia took place on 7 September 2013.
"Wiki"

http://en.wikipedia.org/wiki/Australian_federal_election,_2013

And on the very next day this happened:

PRIME Minister-elect Tony Abbott has personally instructed his new departmental secretary to make preparations to axe the carbon tax and activate Operation Sovereign Borders to stop asylum boats.
"The Australian 8 Sept 2013"

http://www.theaustralian.com.au/national-affairs/election-2013/tony-abbott-to-get-rolling-from-day-one/story-fn9qr68y-1226714557397#sthash.8MzwCO6e.dpuf

Now in case you missed it, that would have been Sunday the 8th of September... Who thought public servants didn't work Sundays...

Then, not two days before you post your ridiculous post:

The Australian Government will abolish the carbon tax from 1 July 2014. This will lower costs for Australian businesses and ease cost of living pressures for households.
"Repealing the Carbon Tax - Call for public comment"

http://www.environment.gov.au/carbon-tax-repeal/consultation.html

Because I can see you've not read them... And want to...

http://www.environment.gov.au/carbon-tax-repeal/pubs/clean-energy.pdf

http://www.environment.gov.au/carbon-tax-repeal/pubs/cca.pdf

http://www.environment.gov.au/carbon-tax-repeal/pubs/tax-rates.pdf

http://www.environment.gov.au/carbon-tax-repeal/pubs/true-up.pdf

Any tally on boat arrivals this week?
"T88"
-1 boat.
  T88 Junior Train Controller

Location: Banned
1st July 2014? Hmmm thats a long way off yet.
-1 boat? Did the good government build a arc and send them back with fat welfare checks?

Thought for the day. With all these fires in NSW. Perhaps a fire tax should be paid by Queenslanders in return for the flood tax.
Yes! Yes! what a great idea.
  don_dunstan Minister for Railways

Location: Adelaide proud
Any tally on boat arrivals this week?
T88
I was listening to ABC's PM in the car and an interview with Scott Morrison (the weekly "Operation Secure Borders" update); he was very agitated towards the media but he did admit three boat arrivals this week.  One of those boats was from Sri Lanka and the passengers were sent back to their native country immediately, or so Scott Morrison said but he was reluctant to talk about the other boats.  It wasn't a good press conference, the minister was not getting along with the media very well on this occasion.

I'm not particularly impressed with Bill Shorten already, sounds too much like another talking head with not much substance.  Who cares if a cabinet is young?  What's more important is their capability.
  TheBlacksmith Chief Commissioner

Location: Ankh Morpork
I was listening to ABC's PM in the car and an interview with Scott Morrison (the weekly "Operation Secure Borders" update); he was very agitated towards the media but he did admit three boat arrivals this week.  One of those boats was from Sri Lanka and the passengers were sent back to their native country immediately, or so Scott Morrison said but he was reluctant to talk about the other boats.  It wasn't a good press conference, the minister was not getting along with the media very well on this occasion.

I'm not particularly impressed with Bill Shorten already, sounds too much like another talking head with not much substance.  Who cares if a cabinet is young?  What's more important is their capability.
don_dunstan
Yes, young and with a high percentage of women. No doubt all of that is very valuable, more so than actual experience. I suggest the composition of the shadow cabinet is more to do with who is actually left to serve or who can stomach Shorten.
  Donald Chief Commissioner

Location: Donald. Duck country.
Yes, young and with a high percentage of women. No doubt all of that is very valuable, more so than actual experience. I suggest the composition of the shadow cabinet is more to do with who is actually left to serve or who can stomach Shorten.
TheBlacksmith
And those with their snout in the trough.   Don Farrell gets a shadow cabinet spot although he leaves the Senate in July.   A top up for his super???
  don_dunstan Minister for Railways

Location: Adelaide proud
Hmm, well finally something new to post here.  Joe Hockey has announced today that they're increasing the debt limit that the Commonwealth can carry from $300 billion to $500 billion.  He didn't explain much except to say that their projections were that Commonwealth debt would soon pass $300 million and probably in the future hit $400 billion; he did make assurances that they were doing a Commission of Audit to find all the savings they can but that in the meantime they need to make a pre-emptive strike and increase the debt limit so we wouldn't end up with a situation like the one that recently occurred in the United States.

I think personally it might have more to do with honouring promises like the very expensive paid maternity leave while scrapping taxes like MRRT and the Carbon Tax.  Something has to give.


Thoughts?

EDIT: How embarrassment, I said 'millions' when I meant 'billions'.  We're not into the trillions yet but we're working on it...
  michaelgm Chief Commissioner

In the midst of a budget emergency, we can raise our credit card limit from $300billon to $500billion, OUTSTANDING.
  2301 Train Controller

Location: Banned
But you people are forgetting that the Government HAVE to increase the debt limit because if they don't we will be in the same boat as the USA, where the Government cannot pay it's bills and run the country.

It was Krudd and that stupid b*tch Gillard that caused this problem by carrying on like a bunch of drunken sheilas in a sportsgirl shop.
  don_dunstan Minister for Railways

Location: Adelaide proud
But you people are forgetting that the Government HAVE to increase the debt limit because if they don't we will be in the same boat as the USA, where the Government cannot pay it's bills and run the country.

It was Krudd and that stupid b*tch Gillard that caused this problem by carrying on like a bunch of drunken sheilas in a sportsgirl shop.
2301
2301: I'm not a woman but even I find the above comment very offensive.  You can bag communists as much as you like but when you slag off women in the manner that you have above I think it's high time you stopped posting altogether.
  simont141 Chief Commissioner

Location: Adelaide
Hmm, well finally something new to post here.  Joe Hockey has announced today that they're increasing the debt limit that the Commonwealth can carry from $300 billion to $500 billion.  He didn't explain much except to say that their projections were that Commonwealth debt would soon pass $300 million and probably in the future hit $400 billion; he did make assurances that they were doing a Commission of Audit to find all the savings they can but that in the meantime they need to make a pre-emptive strike and increase the debt limit so we wouldn't end up with a situation like the one that recently occurred in the United States.

I think personally it might have more to do with honouring promises like the very expensive paid maternity leave while scrapping taxes like MRRT and the Carbon Tax.  Something has to give.


Thoughts?

EDIT: How embarrassment, I said 'millions' when I meant 'billions'.  We're not into the trillions yet but we're working on it...
don_dunstan
Public + private debt in Australia = $1.5 trillion (yes, with a T), which is higher per capita than the US and EU. Hopefully the private portion of the debt is never socialised any time in the future, a la Greece.
  don_dunstan Minister for Railways

Location: Adelaide proud
Public + private debt in Australia = $1.5 trillion (yes, with a T), which is higher per capita than the US and EU. Hopefully the private portion of the debt is never socialised any time in the future, a la Greece.
simont141
If the banks tank then the debt will become public, both parties support the system of covered bonds protecting our banks.  There would have to be a rapid deterioration in the core assets of our big banks to necessitate a bail-out... it's unlikely but not impossible, it has happened in many places overseas.
  michaelgm Chief Commissioner

But you people are forgetting that the Government HAVE to increase the debt limit because if they don't we will be in the same boat as the USA, where the Government cannot pay it's bills and run the country.

It was Krudd and that stupid b*tch Gillard that caused this problem by carrying on like a bunch of drunken sheilas in a sportsgirl shop.
"2301"



Poor form. 2301 .
  bingley hall Minister for Railways

Location: Last train to Skaville
Public + private debt in Australia = $1.5 trillion (yes, with a T), which is higher per capita than the US and EU. Hopefully the private portion of the debt is never socialised any time in the future, a la Greece.
simont141
For context How much of that is public and how much is private?

If only government's could legislate to restrict families to one car and one widescreen TV each Razz

2301 how do you explain the leaders of industry actually encouraging the government to take on more debt prior to the election to fund infrastructure projects? Or are they part of your tinfoil hat socialist conspiracy as well?
  bevans Site Admin

Location: Melbourne, Australia
  Valvegear Dr Beeching

Location: Norda Fittazroy
But you people are forgetting that the Government HAVE to increase the debt limit because if they don't we will be in the same boat as the USA, where the Government cannot pay it's bills and run the country.
It was Krudd and that stupid b*tch Gillard that caused this problem by carrying on like a bunch of drunken sheilas in a sportsgirl shop.
"2301"
Don't worry about 2301's post, except for the offensive misogynistic language in it; 2301 believes in the Tooth Fairy and Santa Claus and has little, if any, grip on reality.

I doubt if even Joe Hockey believes that the debt limit increase has anything to do with the previous government; no columnist I have read believes it. What makes it even better is that Joe was in the US of A during their "will they; won't they allow the debt limit to rise", publicly telling them they had to live within their means. Condemnation of government debt is Opposition policy. The policy is rendered null and void by winning an election.
  simont141 Chief Commissioner

Location: Adelaide
For context How much of that is public and how much is private?

If only government's could legislate to restrict families to one car and one widescreen TV each Razz

2301 how do you explain the leaders of industry actually encouraging the government to take on more debt prior to the election to fund infrastructure projects? Or are they part of your tinfoil hat socialist conspiracy as well?
bingley hall
About $300 billion based on the August 2013 PEFO or closer to $500 billion with gross Commonwealth/State debt. This is a debt to GDP ratio of around 20% - 25%, depending on your source, up from 9.5% in 2007. In comparison, the US debt to GDP ratio is around 75%, UK 85%, Greece 160% and Japan 200%. Lower ratio the better - i.e. you have better ability to pay debt and therefore leverage funding. This puts Australia in a pretty good position on public debt. It has decreased in the last year or two, which indicates that if you use debt to generate productivity and increase GDP, then it isn't all doom and gloom (depending on how the GDP has increased!). Hockey's announcement of increasing debt limit to $500 needs to consider debt to GDP ratio. So long as the debt delivers boost in GDP (without just revenue raising through taxes, etc) and debt to GDP stays low, it may well be a good thing. I believe debt includes future liabilities that may not be realised for some time, like pensions?

By contrast, Australia's total public + private debt is at 95% of GDP, although some sources suggest it may be closer to 150%. US is at 105%, UK 406% and Greece 175%. This is where the concern is - private debt is not often talked about but is an elephant in the room. While highly unlikely, if the Govt did have to socialise a chunk of the remaining $1.2 trillion of private debt, that then becomes public debt, the debt to GDP ratio increases, harder to pay interest bill, leveraging funds becomes more difficult, credit rating falls, GDP may decrease, and so on.

A quick google suggests that $800 billion of the remaining (private) $1 trillion is business (overseas borrowing) and $200 billion is household (mortgage, credit card, etc.). Again, rubbery figures depending on source.

These figures change on the source, but I think it paints the picture. Government debt position is OK as % of GDP, with a good ability to pay interest, and leverage. Private debt is high which may present problems in the future depending on what happens on the macro level.
  don_dunstan Minister for Railways

Location: Adelaide proud
Private debt is the real worry here as I've said before; private debt remains stubbornly high at about 160% of GDP for the last three years.  Most of this occurred during the Howard/Costello years but they really weren't interested in trying to contain it because it fuelled the housing and construction boom in the capitals; in fairness Rudd/Gillard didn't give a damn about it either so it's bipartisan policy to keep private debt going up.

As Johnny Howard famously said (to paraphrase): "nobody is complaining that the value of their house is going through the roof". Except if you're a first home-buyer of course.

Condemnation of government debt is Opposition policy. The policy is rendered null and void by winning an election.
Valvegear
A bit like the state Liberals here in Victoria complaining voraciously about speed cameras in opposition but when they won government suddenly they were an important tool in keeping the road toll down and we need more.  Recently they reversed a long-standing policy so that they now can be hidden or disguised. Amazing how being in government suddenly changes everything.

Abbott and Hockey aren't stupid, they can see that any serious cutting is going to upset the apple-cart so it's going to be spend, spend, spend!  At least until some serious problems emerge.  I was really worried myself about the extent of the cutting they would do in office but obviously I was completely wrong about that... as were a lot of other people.

Bevans: Love the cartoon!

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