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.
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.
I do get the feeling that perhaps there is a lot of (political) talk, apropos economics, but very little practical walk.
A while ago 40 cents was "dismissed" when discussing Medibank's share price since its float. However, the IPO was $2.00 and that was 2 months later, 20% appreciation in a couple of months is very yummy. I bought a bunch of them then.
I wrote that a while ago, and now sit here amazed that sand and comments are flying apropos China's GDP.
I just sold my Medibank shares for a little under $2.50. I had bought quite a few @ $2.00 on the "float" and thus made nearly 50 cents a share (pftttt?) or 25% on the investment since the end Nov 2014.
Anyway children, argue away over international economics, whilst I consider some real domestic economic options, which tend to be isolated from the incessant bleating of : gimme gimme. (gimme gimme ?)
Now I have to decide what to do with the RIO buyback.
@debra9275 wrote:http://www.abc.net.au/7.30/content/2013/s3819616.htm
Joe Hockey says rates cut reveals struggling economy
interest rates 6/8/2013
there is an even better interview somewhere
just reposting- for those who seem to have missed the last post 
as long as people aren't getting any interest on cash accounts, i expect the ASX to remain high, there's nowhere else to put your money except into property
so low interest rates are a good thing for the ASX 
