Diary of our stinking Govt.

As it's more than 100 days now, it has been suggested that a new thread was needed.  The current govt has been breaking promises and telling lies at a rate so fast it's hard to keep up.Woman Happy

 

This below is worrying, "independent" pffft, as if your own doctor is somehow what? biased, it's ridiculous. So far there is talk of only including people under a certain age 30-35, for now. Remember that if your injured in a car, injured at work or get ill, you too might need to go on the DSP. They have done a similar think in the UK with devastating consequences.

 

and this is the 2nd time recently where the Govt has referred to work as welfare???? So when you go to work tomorrow (or tuesday), just remember that's welfare.

 

http://www.abc.net.au/news/2014-04-20/disability-pensioners-may-be-reassessed-kevin-andrews/5400598

 

Independent doctors could be called in to reassess disability pensioners, Federal Government says

 

The Federal Government is considering using independent doctors to examine disability pensioners and assess whether they should continue to receive payments.

 

Currently family doctors provide reports supporting claims for the Disability Support Pension (DSP).

But Social Services Minister Kevin Andrews is considering a measure that would see independent doctors reassess eligibility.

 

"We are concerned that where people can work, the best form of welfare is work," Mr Andrews said at a press conference.

 

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Telstra Corp Ltd (TLS.AX) -ASX
5.27 Down 0.04(0.75%) 16:10
 
It is called ex-dividend dip A3,  which actually has increased from the many years of twice annual payments of 14 cents to this current one of 15 cents, which makes the  return on the bunch of TLS I bought as a result of the ALP ineptitude with the NBN, and their silly attempts to bludgeon Telstra,   a return of just under 15% ( with full franking credits).
 
However, I have offered all my TLS  for sale in their forthcoming buy-back,  after which I will then purchase back an equal amount (of what  I might sell)  on the open market.
I  just love the money that the ALP have produced for me via  Conroy/NBN/Circus, and are still doing so!
 
 
 
kudos blue up.jpg
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"That IPO was way overpriced "

 

Actually D9275 the price of T1 was $3.30  and the first year dividends resulted in a 6% return (with FF) The subsequent sale was somewhat overpriced though.

 

Regardless of the above, the T1 was vastly oversubscribed by experts and the general public, so no, it was not overpriced.

 

Myopic Tongues2 Small.jpg

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But wasn't T2's IPO around $7.40? That one was way too pricey. The dividends are good but the share price is pretty range bound, I've been in & out a few times but never purchased any of the IPO's.
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http://www.abc.net.au/news/2014-09-30/dole-wait-will-breach-human-rights-bipartisan-report-finds/577...

 

A bipartisan parliamentary report has found the Federal Government will breach its international obligations if it goes ahead with its budget proposal to force young jobseekers to wait six months for unemployment benefits.

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http://www.independentaustralia.net/article-display/tony-abbotts-reckless-crusade,6951

 

Tony Abbott’s reckless Crusade

 

Tony Abbott is desperate to go to war, but what are the costs and what is he really signing the Australian people up for? Veteran Australian diplomat Bruce Haigh says — a world of unintended consequences.

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http://www.abc.net.au/news/2014-09-30/gold-pass-scheme-axing-questioned-by-coalition-mps/5779972

 

it seems some LNP members are not too happy about the age of entitlement being over

 

Federal Coalition MPs have raised questions in a party room meeting today about plans to axe a taxpayer-funded travel entitlement for retired politicians.

The Government pledged in the budget to axe the life gold pass scheme, which allows former MPs some travel on the public purse.

It followed a decision in 2011 by the former Labor Government to close the scheme for new MPs and cut the number of annual return trips from 25 to 10

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The Palmer United Party has done a deal with the Greens to secure an Inquiry into the Newman government.......... interesting!

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QLD is quickly becoming a leader in low wages, QLD, beautiful one day - well and truly LNP'd the next

 

Low-paid Queensland workers' wages slipping below inflation

 

The wages of Queensland's lowest paid public servants and council workers are falling behind inflation.

 

Last month 25,000 of the state government's low-paid public servants and council workers quietly received a "safety net" increase up to $32 a week courtesy of the Queensland Industrial Relations Commission.

 

It comes as a record number of Queensland homes – 25,305 - were disconnected from their electricity supplier in 2013-14 because they could not pay the electricity bill.



Read more: http://www.brisbanetimes.com.au/queensland/lowpaid-queensland-workers-wages-slipping-below-inflation...

 

Government will not answer questions about public service wages

 

Fairfax Media reported on Tuesday about 25,000 of Queensland's lowest-paid public servants received a 3 per cent increase to their minimum wage "safety net".

 

 

That wage increase was granted by the Queensland Industrial Relations Commission in August and increases began from September 1.

 

 

That increase is separate from the 2.2 per cent rise awarded through the annual enterprise bargaining agreement.

 

Depending on how low their award wage had become, these public servants received a portion of a maximum $22.30 a week pay rise.



Read more: http://www.brisbanetimes.com.au/queensland/government-will-not-answer-questions-about-public-service...


Read more: http://www.brisbanetimes.com.au/queensland/government-will-not-answer-questions-about-public-service...

 

 

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I wasn'rt sure where to post this article, buy here is as good as any place

 

Vhttp://m.smh.com.au/comment/islamophobia-feeds-on-our-fear-of-an-evil-within-20140930-10o073.html

 

it is an opinion piece by a university lecturer, but worth a read

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