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.
"It's not actually a "one off media C and P without consideration"
I was alluding to comment within CS, because of the lack of investors/traders here'
What is happening in China is a little like the Dot-Com spike in 2000 which was a combination of greed, ignorance, no market control, excessive leverage, and more ignorance. The "bubble came and went, and the world still rotates.
NASDAQ Composite index
"and it's been going on for some time" Not the Chinese "bubble", that commenced only 8 months ago, and as I have mentioned : period and trend should be studied !
The lack of enthusiasm from big institutional investors, and a surprise increase in bad debt provisions, were behind today's (ANZ) plunge.
Actually IR the ANZ has soldl $2.5 billion worth of new shares to institutional investors and $500 million will be raised from household shareholders. A little checking would indicate that the share dilution equates to 4.5 % and annual profit will be a record high albeit not what was actually expected.
The " plunge" is due to the stock dilution and the requirement by APRA for banks to hold greater reserves.
The headlines are from a media aimed at a not very knowledgeable audience/readership who often do not consider that even if a bank's share price fluctuates it still trades regardless, What does say a 10% reduction in share price actually mean in practical terms?
In the GFC the CBA share price fell 50% (50%), $60 to $30, now that is a meaningful reduction. I have lots of them ! No jumping out of tall buildings, I am not leveraged, and the banks continued trading.
Here are some of my CBA dividends over the years including 2009-2010 (bought 500 in Jul 2013)
So with headlines declaring (and people repeating) the catastrophe (sky falling) 50% price "crash" my dividend fell just 7%. during the GFC period.
A share price fall (blue chip) makes good reading for the uninitiated, but is only meaningful if one has to sell, or is leveraged and is "called". The latter group are fools in my opinion.
"Actually I was alluding to comment within CS because of the possibility of a lack of traders here". which I think is obvious now:
" anyone looking at your chart and your post would think that the Chinese economy was racing full steam ahead. Which in reality, is not the case." ?????
This below chart:? "racing full steam ahead" ??? with this comment of mine???
What is happening in China is a little like the Dot-Com spike in 2000 which was a combination of greed, ignorance, no market control, excessive leverage, and more ignorance. The "bubble came and went, and the world still rotates.
Perhps D9275 you are mixing up China's economy (7% growth), with the Chinese stock market roller coaster?. If you regard a 7% economic growth rate with distain, how do you view Australia's current rate of 2.3% ?
"
D9275: " anyone looking at your chart and your post would think that the Chinese economy was racing full steam ahead. Which in reality, is not the case."
This below chart:? The Shanghai Composite Index
"No, not that chart"
The only other one posted is the: NASDAQ Composite index and I would hardly judge the Chinese stock market using the American NASDAQ 
seriously 
I don't know why you can't work out that I was talking about your graph and post 14034, nope, no mention of the Nasdaq in that one
Many lessons to come before this graph below is understood, but it is relevant, within the thread because it indicates a real "stink" index, :the XAO (and CBA) covering the current "Govt's" supposed malodorous tenure to-date.
