Open for Business or over a cliff?

What a fine job the "adults in charge" are doing.

 

http://www.independentaustralia.net/politics/politics-display/open-for-business-or-over-a-cliff,6240

 

The Abbott Government has been in power for less than six months, but rather than creating employment and business confidence, the nation appears to be in economic decline. Peter Wicks from Wixxyleaks reports.

 

IT SEEMS LIKE AN ETERNITY AGO, but it was only a few months back, on 7 September 2013, that Tony Abbott declared Australia was now “Open for Business” after the previous Government defeated in the Federal election.

 

Finally Australia was going to be put on track, because the Liberal Party understood business, and furthermore there was the promise of the creation of one million jobs and two million within a decade from the incoming Prime Minister.

 

So, how are we tracking on the jobs front and how is being now open for business going now that the Coalition have been in power for roughly 20% of what is likely to be their single term if the polls are to be believed?

 

Let’s have a look at business investment now that the sign on our door reads “open”. I’ll use figures from the Bureau Of Statistics, as reported by Fairfax, as the Bureau are an unbiased and reliable source.

 

As it turns out, immediately after the Coalition victory, in the final three months of 2013, business investment in Australia dropped 5.2% — the highest drop in level since the Global Financial Crisis.

 

The Bureau Of Statistics also reports that the estimates for the 2013-2014 financial year have been downgraded from a year ago to the tune of 17%. With a 17% plummet in business investment within a year, it is so good we not have “the adults in charge”.

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Re: Open for Business or over a cliff?


@catsnknots wrote:

Nero we can't believe that paper.... you know it is not a communist back print media. 


 Yes cat you are so correct and you cant believe the banks or the ABS and all indercators that we are on the up.... 

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Re: Open for Business or over a cliff?


@silverfaun wrote:

Gosh? I wouldn't call one post "spamming" ?? Did anybody call the initial post "spamming"???


no... we both accidently posted the same article... 

 

that is the spam I think 

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Re: Open for Business or over a cliff?

the page filling pictures on the other thread is the spam. its far too big. if someone puts up something of that size they generally apologise for not re-sizing.  getting desperate now? its all coming apart in front of you.

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Re: Open for Business or over a cliff?


@lakeland27 wrote:

the page filling pictures on the other thread is the spam. its far too big. if someone puts up something of that size they generally apologise for not re-sizing.  getting desperate now? its all coming apart in front of you.


may as well post some more of the op article, I suppose the ANZ is a Communist Bank, I do have an account there. Woman LOL

 

It will probably come as no surprise that forecasts show manufacturing investment is down 20%.

ANZ reported to its clients that business investment may drop up to 11% and described the financial implications of the new direction the country has taken since the "grown-ups" took over as:

“Over the cliff we go."

What is eye-opening though is that mining industry investment is also forecast to be down a colossal 25%.

 

This is the industry that really pushed hard for Abbott and the Coalition to be put into government; with a 25% drop in business investment, they must be feeling like they backed the donkey in the Melbourne Cup.

 

So how about employment, how is that tracking?

 

Well despite a huge spike in the number of spin doctors employed by a Minister For Immigration Scott “No Comment” Morrison we have yet to see the million jobs that the Coalition promised to deliver.

 

Instead, the numbers of jobs seems to be falling off the same cliff ANZ’s investors jumped off.

 

Perhaps the one job that should definitely be lost is that of Employment Minister Eric Abetz. Rarely have we seen a Minister fail in their role so dramatically in such a short period of time.

 

Unemployment has risen approximately 20% since the Coalition came into power, with the unemployment rate in February hitting 6% the first time in over a decade. It should be noted that the unemployment rate never hit this rate through the entire time the previous Labor Government was in power — not even during the Global Financial Crisis, which decimated western economies right around the world.

 

In fact, the last time unemployment was this high in Australia was under the Coalition back in July 2003, when we had another lacklustre employment minister — the current Prime Minister Tony Abbott.

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Re: Open for Business or over a cliff?

lake, this song is a perfect fit for our current "adults in charge" government.

 

http://www.youtube.com/watch?v=WRNYqsMIbg0

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Re: Open for Business or over a cliff?


@boris1gary wrote:

 

Well despite a huge spike in the number of spin doctors employed by a Minister For Immigration Scott “No Comment” Morrison we have yet to see the million jobs that the Coalition promised to deliver.

 

 


 Gawd you lot havent a  clue about the truth or research.   These are left overs from Labor and down on what he took on... Last August, immigration employed 72 media staff, under labor

 

Now not all of these people work or do media for Scott Morrission they do general departmental media work.

 

Now fact In 2011, the Immigration Department reportedly employed just 13 spin doctors. and under your GODDESS Julia and the Labor party that went to 72.

 

Now 66 and falling but hey never let the truth and facts get in the way of a labor leftie made up story and slur....

 

 

 

 

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Re: Open for Business or over a cliff?


@nero_wulf wrote:

@boris1gary wrote:

 

Well despite a huge spike in the number of spin doctors employed by a Minister For Immigration Scott “No Comment” Morrison we have yet to see the million jobs that the Coalition promised to deliver.

 

 


 Gawd you lot havent a  clue about the truth or research.   These are left overs from Labor and down on what he took on... Last August, immigration employed 72 media staff, under labor

 

Now not all of these people work or do media for Scott Morrission they do general departmental media work.

 

Now fact In 2011, the Immigration Department reportedly employed just 13 spin doctors. and under your GODDESS Julia and the Labor party that went to 72.

 

Now 66 and falling but hey never let the truth and facts get in the way of a labor leftie made up story and slur....

 

 

 

 


Clearly the above is full of "facts" - "Fact" - Julia is a Goddess - could you post a link to this "fact" or any other "facts" in your so "factual" post. Woman LOL

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Re: Open for Business or over a cliff?


@boris1gary wrote:

@nero_wulf wrote:

@boris1gary wrote:

 

Well despite a huge spike in the number of spin doctors employed by a Minister For Immigration Scott “No Comment” Morrison we have yet to see the million jobs that the Coalition promised to deliver.

 

 


 Gawd you lot havent a  clue about the truth or research.   These are left overs from Labor and down on what he took on... Last August, immigration employed 72 media staff, under labor

 

Now not all of these people work or do media for Scott Morrission they do general departmental media work.

 

Now fact In 2011, the Immigration Department reportedly employed just 13 spin doctors. and under your GODDESS Julia and the Labor party that went to 72.

 

Now 66 and falling but hey never let the truth and facts get in the way of a labor leftie made up story and slur....

 

 

 

 


Clearly the above is full of "facts" - "Fact" - Julia is a Goddess - could you post a link to this "fact" or any other "facts" in your so "factual" post. Woman LOL


  Reasearch isnt a  stong point of yours is it....... considering that the facts are in your story and the link you posted and that link is in my post above from your story..... .... All there. But then you have to read to get the facts.... :).. My facts came from your link and story that I actually read.... 

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Re: Open for Business or over a cliff?

nw, link for your fact - Julia is a Goddess - thanking you in advance.

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Re: Open for Business or over a cliff?


@nero_wulf wrote:

@boris1gary wrote:

@nero_wulf wrote:

@boris1gary wrote:

 

Well despite a huge spike in the number of spin doctors employed by a Minister For Immigration Scott “No Comment” Morrison we have yet to see the million jobs that the Coalition promised to deliver.

 

 


 Gawd you lot havent a  clue about the truth or research.   These are left overs from Labor and down on what he took on... Last August, immigration employed 72 media staff, under labor

 

Now not all of these people work or do media for Scott Morrission they do general departmental media work.

 

Now fact In 2011, the Immigration Department reportedly employed just 13 spin doctors. and under your GODDESS Julia and the Labor party that went to 72.

 

Now 66 and falling but hey never let the truth and facts get in the way of a labor leftie made up story and slur....

 

 

 

 


Clearly the above is full of "facts" - "Fact" - Julia is a Goddess - could you post a link to this "fact" or any other "facts" in your so "factual" post. Woman LOL


  Reasearch isnt a  stong point of yours is it....... considering that the facts are in your story and the link you posted and that link is in my post above from your story..... .... All there. But then you have to read to get the facts.... :).. My facts came from your link and story that I actually read.... 


facts before fiction nw, - suggest you do the same

http://www.theage.com.au/federal-politics/political-news/immigration-spin-team-how-many-does-it-take...

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