10-02-2015 12:31 AM - edited 10-02-2015 12:32 AM
The board seems to be devoid of the very vocal Lefties today. Poor lefties were deprived of their promised feeding frenzy and are most likely under their particular rock licking their egos.
Makes a pleasant change 🙂
on 10-02-2015 01:28 AM
If you remember, I also said I hoped Abbott would stay to lead his party into the next election. He deserves a fair go and a shot at a mandate for his policies.
10-02-2015 01:32 AM - edited 10-02-2015 01:33 AM
@iapetus_rocks wrote:If you remember, I also said I hoped Abbott would stay to lead his party into the next election. He deserves a fair go and a shot at a mandate for his policies.
He deserves that for the last election as well. It was a huge mandate, yet the hostile lafties are doing everything to block that mandate.
Why is that do you think?
on 10-02-2015 01:34 AM
The budget aimed at making the less well off even more so.
Abbott needs to reign in his spending but he also needs to concentrate on making those sectors of society which can best afford it, to contribute more.
"Treasurer Joe Hockey has hailed the agreement to axe the mining tax - which will cost the budget $6.5 billion - as a "damn good deal" for the Australian people."
He robbed us.
Those minerals belong to all the Australian people. We need to make the companies pay their fair share for digging up and selling our public resources for their private profits.
on 10-02-2015 01:37 AM
@poddster wrote:
@iapetus_rocks wrote:If you remember, I also said I hoped Abbott would stay to lead his party into the next election. He deserves a fair go and a shot at a mandate for his policies.
He deserves that for the last election as well. It was a huge mandate, yet the hostile lafties are doing everything to block that mandate.
Why is that do you think?
I believe his mandate was for a responsible, adult govt, offering no surprises and no cuts to health, education, pensions or to the SBS or the ABC.
and he breached the trust of the voters. We never gave him a mandate to lie and to deceive us.
he deserves political oblivion for such perfidy.
on 10-02-2015 01:39 AM
Oh it is late - I thought this thread was just for us :
Quiet, sinistrals.
Night all - sleep well all.
on 10-02-2015 01:43 AM
on 10-02-2015 01:44 AM
6.5 billion???? really?
remember this?
Report suggests still no revenue from mining tax
Updated 14 Jan 2013, 8:39pmMon 14 Jan 2013, 8:39pm
The Coalition is demanding the Federal Government reveals how much revenue the mining tax has raised amid reports it has generated no revenue for a second consecutive quarter.
The Australian newspaper has today reported that none of the country's three biggest miners - BHP Billiton, Xstrata or Rio Tinto - will make payments when second quarter instalments are due next Monday.
Treasurer Wayne Swan has deflected questions about whether the tax has failed to collect any revenue, telling CNBC in Hong Kong that budget revenues generally have taken a hit in the past six months.
"It is company tax, it is resource rent tax, and it is superannuation tax. It's across the board and it reflects the global volatility that we have seen in the economy, affecting confidence, lower commodity prices affecting incomes," he said.
The companies involved are saying little, with BHP noting the market situation has changed considerably since the mining tax was designed in 2010.
"The Australian dollar and commodity prices in particular have experienced significant volatility over this period and these have a direct bearing on MRRT payable," a company spokesman said.
The latest budget figures released last month show the Government received $1.1 billion in resource rent taxes (including both the Minerals Resource Rent Tax and the Petroleum Resource Rent Tax) between July and the end of October, but it did not provide a breakdown of the figure.
The mining tax secrecy must stop. People deserve to know how much or how little the Government has raised.
Shadow assistant treasurer Mathias Cormann
In the 2012-13 budget, the Government predicted the mining tax would raise $3 billion, although that was later revised down to $2 billion.
The Coalition has described the tax as a failure, because it is costing tens of millions of dollars to administer while not raising any revenue.
"He's supposed to be have been collecting the revenue for more than six months, [but] he's refused to tell us how much or how little he has collected," shadow assistant treasurer Mathias Cormann told ABC News.
"So what we're saying, the mining tax secrecy must stop. People deserve to know how much or how little the Government has raised, in particular given the Government has already committed all of the money they thought it would raise and more."
'Won't be enough'
The Greens have long argued for changes to the design of the tax so that it applies to more companies and more resources.
"Let's wait and see until we actually get the figures in next week, but whatever they are it won't be enough," Greens leader Christine Milne told reporters in Hobart.
We need to raise revenue in Australia. We need to plug the loopholes in the mining tax so that we do have the money to increase Newstart, to fund the Gonski review into education, to fund Denticare.
Greens Leader Christine Milne
"We need to raise revenue in Australia. We need to plug the loopholes in the mining tax so that we do have the money to increase Newstart, to fund the Gonski review into education, to fund Denticare."
There has been a steady recovery in the spot price of iron ore over recent weeks, prompting speculation it may help reverse the Government's budget problems.
But a spokesman for Acting Treasurer Penny Wong said: "As the Treasurer said on a number of occasions, people should be cautious about putting all their faith in numbers that are based on a day's, week's or month's spot prices for our resources."
Late last year, Mr Swan announced it was "unlikely" the Government would be able to deliver a budget surplus this financial year, despite repeatedly promising to do so.
He pointed to declining tax revenues and lower-than-expected commodity prices.
Mr Swan recently wrote to some ministers, asking them to find further spending cuts given the need to pay for other expensive promises including a National Disability Insurance Scheme and an overhaul of school funding.
10-02-2015 01:53 AM - edited 10-02-2015 01:55 AM
No govt is going to deliver a budget surplus until they start making those who have the most, pay the most in taxation.
No govt is going to get re-elected if they act to make the poor even poorer while giving tax breaks and perks to the wealthy.
Workchoices killed the Howard govt and cuts to healthcare, education, pensions SBS and ABC, along with an attempt to re-introduce workchoices by stealth, will quickly put an end to any hopes for re-election for this current govt.
on 10-02-2015 01:54 AM
Whatever revenue the minig tax earned, it was better than no revenue at all, courtesy of its being scrapped.
on 10-02-2015 02:09 AM