on 18-01-2014 10:18 AM
Feeling generous so I thought I should answer some unanswered posts.
Just some of the wonderful positive things that the CURRENT Government has done/plans to do in the interest of????
The size of the cutbacks and sell-offs
The listed measures below reveal the size of some of the cutbacks and sell offs that the BCA and Abbott's Coalition Government wish to achieve and will carry out through the imprimatur of the audit commission:
• 20,000 public services jobs to go. The running cost of the federal public service is 15% in a $400 billion budget
• The sale of Medibank Private could bring in about $4.5bn
• The sale of the Australian Rail Track Corporation could earn the government $5bn
Below is what the Abbott Coalition Government already intends to slash from the working class and the favours they will pass onto capital and the rich:
• Have abolished the Low Income Superannuation Contribution, which reduces tax on superannuation contributions from workers on less than $37,000 per year. This is an effective tax increase on 3.6 million workers, including 2.1 million women. It means that these workers will be paying more tax on their superannuation than on their take home pay and will have less money in retirement.
• However the government announced that it would scrap the proposed 15% tax on superannuation pension earnings over $100,000. This change will apply to those with more than $2 million in superannuation assets, around 16,000 people. The 1% 'filthy rich' will be very appreciative and save themselves $313m in taxes.
• The Schoolkids Bonus has been scrapped which helped millions of families with the cost of sending children to school.
• The Income Support Bonus has been stopped, which will hurt people on a range of income support programs, including Newstart and Parenting Payments, which are already too low.
• The Mineral Resource Rent Tax for big mining companies will be abolished, not that it collected much revenue. The mining industry sends 80% of its profits offshore.
These measures are to ostensibly reduce government debt, which is currently around $400bn mark or 27.1% of Australia's GDP and eventually create a government surplus.
However the touted cutbacks and sell-offs are not only to assist achieving a surplus budget of 1% of GDP by 2023-24, but to restructure the budget over the long term so that the 'welfare state' will cease to exist, and the state will redirect revenue towards capital.
This 'Austerity Commission' has the objective to snatch back gains that the working class had won in the past and make them wear the burden of capital's economic crisis.
on 18-01-2014 10:56 AM
@donnashuggy wrote:Is telling porkies an achievement?
Does anyone believe it was an accident?
Yet another post running Australia down.... Why are you defending Indonesia yet again and running your own country down? you do nothing but defend Indonesia and run Australia down of late, you are more concerned for the Indonseian borders than you are for Australian borders and security and the Australian people.
WHY?
Are you that unhappy living here and want to move to Indonesia?
on 18-01-2014 10:57 AM
Super N, feel free to add to the list
on 18-01-2014 10:59 AM
See Donnashuggy, exactly what I was talking about.
on 18-01-2014 10:59 AM
Breaks its NBN election promise of giving all Australians access to 25 megabits per second download speeds by 2016
on 18-01-2014 11:04 AM
Are you that unhappy living here and want to move to Indonesia? That retort is getting worn out now.
on 18-01-2014 11:07 AM
18-01-2014 11:10 AM - edited 18-01-2014 11:12 AM
@donnashuggy wrote:He avoided the question......again
****** I am sure you meant to say..... SHE avoided the question......again...... I will put this down yet again to either a typo or a broken S key on your key board 🙂
so did you when you posted the OFF TOPIC post and link running Australia down and supporting the Indonesians yet again.
The link and your post an #8 has nothing at all to do with the topic.
on 18-01-2014 11:59 AM
Hello, everyone. This thread is getting a little heated.
Could we please bring the discussion back to a less heated and interpersonal state.
Thanks!
18-01-2014 12:06 PM - edited 18-01-2014 12:06 PM
@underbat wrote:Hello, everyone. This thread is getting a little heated.
Could we please bring the discussion back to a less heated and interpersonal state.
Thanks!
It seems you drew the short straw working today.. lol..
I am going to do my best to behave... in other words I won't participate on this thread...
on 18-01-2014 12:11 PM
Still waiting patiently..............oh well thought as much, name calling not included Govt supporters have added nothing to list, oh well must dash, I have heard there are some homeless Australians in town being "moved on" , have to rush to let them know - Never fear the Abbott Govt is here to look after you all.