Tony Abbott's Support Page

[icyfroth]

A reminder of the debt that Australia has, while Labor can bury their heads and deny it exists the fact remains we have a huge problem with debt and sooner than later the chips will fall, no business, no state and no country can keep operating in the red, eventually those we own the money to will own us. Who will own us?
The state of Qld has debt of $80 billion dollars, Labor are saying they don’t think it’s that bad, Bill Shorten on Australia’s debt, there is no debt crisis, there is a crisis and we are in this situation because of Labor, no one else and the bottom line is Labor can’t fix this problem, their speciality is creating debt not fixing debt.

[boris1gary]

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@alexander*beetle wrote:

The IMF (International Monetary Fund) recently stated Howard was the most profligate Australian Prime Minister in history. If you take issue with that statement, talk to the experts.  

Australia took decisive action to stem the impacts of the GFC on jobs and economic growth. The economy is now at trend growth and 926,000 jobs have been created since the GFC. An outstanding result no matter how you slice it.

This meant stimulating the economy with a significant stimulus package of around $52 billion (3% of GDP in today's terms). A response that was heralded as a model targeted and effective response by the IMF, OECD and World Bank. The OECD praised the package stating it would save 200,000 jobs.

World experts such as Nobel Prize laureate Professor Joseph Stiglitz also said the stimulus "served Australia well".  To maintain surpluses over the GFC period –as some in the Coalition seem to suggest Labor should have done – would have been irresponsible.

The remainder of our gross debt is about $50.5 billion over five years. This is equal to 0.6% of GDP each year in today's terms.

The numbers sound big, but in the context of our almost $1.6T trillion economy, they are small. The Coalition try to take interest payments and debt out of the wider context because they are large by historical standards. However, to do this without reference to the wider economy, the global scenario and the GFC is just plain deceptive.

Fitch  affirmed their AAA rating for our economy.

A point only further underlined by Dun and Bradstreet's recent release entitled Australian economy ranked among world's safest, in which it says:

"Solid GDP growth, relative to other developed economies, contributes to Australia's status as one of the world's safest trade destinations. Likewise, the nation's unemployment rate is low, and its annual average inflation remains within the Reserve Bank's target band. Terms of trade at historical highs and solid commodity prices have also helped Australia avoid much of the turbulence experienced within other advanced economies."

All this when LNP took over. 

Even Joe Hockey, July 2014 - 

Joe Hockey has told New Zealand that there is no crisis in the Australian economy, nor is it in trouble.

Read more: http://www.smh.com.au/business/the-economy/australian-economy-is-not-in-trouble-joe-hockey-tells-nz-...

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So who do we believe?  World economic experts and our own Treasurer?  Or the murdoch press and posters on an internet forum? 

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Don't waste your time AlexanderBeetle, these loyals  will continue to parrot the spin regardless of the facts, good news is their number is dwindling very quickly.

[cherry*135]

A few million wasted here by Tony. How much is a cuddle with a koala worth?


G20 bill still rising as Tony Abbott accused of hollow words on downsizing the hosting spend

"A revision of the contract with event services company ExpoNet shows the government was forced to cough up a further $3.2 million for building work, signage and furniture – bringing the bill to $9.6 million.

"NSW MP Pat Conroy, who chairs Labor's waste watch committee, claimed Mr Abbott was a "repeat offender when it comes to short-changing the taxpayer".

"He was so busy patting himself on the back because he saved money upgrading luxury hotels for the G20 that he forgot to mention the massive cost blowout on G20 expenses like signage, furniture and decor," Mr Conroy said

"This is on top of what was spent on other G20 activities like $24,000 koala cuddles for Vladimir Putin or the one-day conference at a luxury resort in Mexico for $45,000."

SMH

[poddster]

How do those figures compare to 43 Billion on the NBN white elephant and all the other Rudd/Gillard failed ventures?

[nevynreally]

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@paintsew007 wrote:

Abbott also stated/promised that there were a lot of other things he would do and would NOT do.......look at all the lies!...... he lied and lied and lied whilst SLEDGING everything.

This is what Libs do. Sledge.

They don't make anything good 'happen' or create anything useful or even creative or improve conditions for everyone.

They do have special concessions though just for their rich corporate maaaaates.

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Oh, honey, they ALL do it. They are all in it for themselves. And if you believe one side isn't over the others, I have a bridge to sell you.

[fourandsixpants]

..to poddster who said:

1.So paints, are you saying that stopping the ever increasing tide of illegal immigrants, that are a burden on all the taxpayers is not a good thing? Likewise with the carbon tax, that millstone around the neck of Australia' economy, getting shot of that was not a good thing?

2.And clawing back the level of debt is not good too huh ?

3.Sledging what Labor has done, you know the mess they created that will take a decade to clean up, is bad.

4.Stopping the illegals didn't 'Just happen" it was MADE to happen.

5.Creating a healthy corporate sector leads to a healthy economy, no?

6.But I guess anything but a hand-out mentally is against the Labor ethos

In that environment where do the hand outs come from? Government borrowings?

7.Try running a household on no income and nothing but a credit card, sustainable?

.................................................................................................................................................................................

well, well, well!!.....................

my responses:

1. No......Hypocritical as this govt is now opening the flood gates for more/same as 457 visa foreigner workers (with less restrictions and demands of them too!) to enter Australia-cheap labour for corporate maaaaates but the Foreign Investment Review Board is doing NOTHING about foreign investors buying up (escalating our residential property prices) our residential properties WHICH IS AGAINST THE RULES.

....the carbon tax was imo just another tax BUT those that made/make the pollution would've been made to pay to make it. This was a good idea.....and would have encouraged cleaner practises and a cleaner environment.

2. As you have not clarified which debt I will assume that you mean PRIVATE DEBT as this the emergency problem in Australia.....and where exactly has this Govt established a plan to 'claw back' here? NONE this govt is only helping the banks .....they should reverse decision made years where banks were de-regulated and REGULATE THE BANKS again.

3. Don't agree, no. Labor did not make a 'mess' therefore there is no rational reason to sledge everything.....LNP are even sledging that which Labor did not touch before LNP slimed thru the door.

4. See #1.  I bet there are still illegals entering Australia....maybe not by boat but certainly by plane LOL! What are LNP doing about this?

.......Has Tony Abbott renounced his DUAL CITIZENSHIP yet?

5. No. ....you start at the base and work up. You need jobs for workers to go to before you need bosses and supervisers and CEO's. *Der!

6. not sure what you are trying to say here. Guessing you are anti-welfare and complaining that this Govt cannot budget for welfare, therefore YES this Govt is INCOMPETENT.....maybe they should cut corporate, bankster and politician maaaaates perks to help pay for those that are jobless.

7. Govt budgets are not run the same as household budgets.

This present Govt is not sustainable either

....shut the back door on the way out please

[cherry*135]

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@poddster wrote:

How do those figures compare to 43 Billion on the NBN white elephant and all the other Rudd/Gillard failed ventures?

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Who declared the NBN a white elephant, apart from your good self?

The LNP are continuing on with it...............................in a slower, less efficient way.

[crosbystills]

http://youtu.be/b-6E5yX1E0U

[gleee58]

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@am*3 wrote:

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@poddster wrote:

How do those figures compare to 43 Billion on the NBN white elephant and all the other Rudd/Gillard failed ventures?

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Who declared the NBN a white elephant, apart from your good self?

The LNP are continuing on with it...............................in a slower, less efficient way.

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Plus NBN Co was set up as a GBE (just like the old Telecom and Auspost) that borrows the money for the build and repays it as it's revenue increases so it never would have been a burden on the taxpayer.

If we follwed some people's logic we'd still be using candles and the dunny man at dawn.

[cherry*135]

Then we have Abbott using 'scare' tactics by saying we will end up like Spain or Greece to try and get his dud Budget measures passed in Senate. (quote: "We are at risk of succumbing to the European disease.)

e.g.

Spain with 50% unemployment rate

Spain with Debt to GDP of 92.10 percent of the country's Gross Domestic Product in 2013.

[nevynreally]

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@gleee58 wrote:

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@am*3 wrote:

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@poddster wrote:

How do those figures compare to 43 Billion on the NBN white elephant and all the other Rudd/Gillard failed ventures?

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Who declared the NBN a white elephant, apart from your good self?

The LNP are continuing on with it...............................in a slower, less efficient way.

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Plus NBN Co was set up as a GBE (just like the old Telecom and Auspost) that borrows the money for the build and repays it as it's revenue increases so it never would have been a burden on the taxpayer.

If we follwed some people's logic we'd still be using candles and the dunny man at dawn.

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Yeah, thank God Labor isn't in power atm.