on 25-01-2015 04:38 PM
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.
Solved! Go to Solution.
on 02-02-2015 07:25 PM
not written by Andrew Bolt, but from The Wall St Journal
http://blogs.wsj.com/briefly/2015/02/02/5-things-things-that-went-wrong-for-tony-abbott/?mod=e2tw
Australia’s Prime Minister Tony Abbott is fighting for his leadership and the future of his conservative government after an election setback in Northeast Queensland. This has underscored growing voter disaffection for center-right politics Down Under. Here are five reasons why it has gone so wrong for Mr. Abbott.
on 02-02-2015 08:04 PM
Tony Abbott today:
We're On A Journey!
.....well I did not get my ticket 'punched' so I'm off this bus at the next stop
on 02-02-2015 08:15 PM
AUSTRALIA'S small business will get a tax cut from July, Prime Minister Tony Abbott has confirmed.
IT will be at least the 1.5 per cent cut already flagged, he said during a year-ahead speech to the National Press Club on Monday.
"More jobs and better paid workers will only come from more profitable employers in a better position to employ people," Mr Abbott said.
on 02-02-2015 08:25 PM
on 02-02-2015 08:27 PM
on 02-02-2015 08:31 PM
@donnashuggy wrote:He's a liar
Yes billy shorten sure is and so is julia gillard.... now she was a huge liar but thats ok for labor voters
on 02-02-2015 08:38 PM
Icey wrote:
Tony Abbott’s speech to the National Press Club was billed as critical to his survival.
Verdict: It was very good.
Nero_???? has certainly brain washed you hasn't he
The speech was a phartic effort of self survival. The sooner Peta tells him to resign the better for the Libs
02-02-2015 08:39 PM - edited 02-02-2015 08:41 PM
sounds like Warren Entsch is one of those who want abbott to step down
http://www.abc.net.au/news/2015-02-02/laming-entsch-lead-charge-to-abolish-knights-and-dames/6064132
Coalition figures say Abbott should resign
Before the speech, two senior Coalition figures told the ABC that they believed Mr Abbott should consider the damage he was doing to the Government and resign.
There was no desire to move against him and there are deep reservations about the damage a leadership spill could cause.
The worries about how bloody a spill might be extend beyond the considerable task of blasting out a sitting Prime Minister.
really, the libs are inbetween a rock and a hard place after the way they've sledged Gillard/Rudd. Abbott must be reminding his party of it every day
02-02-2015 08:42 PM - edited 02-02-2015 08:45 PM
@icyfroth wrote:AUSTRALIA'S small business will get a tax cut from July, Prime Minister Tony Abbott has confirmed.
IT will be at least the 1.5 per cent cut already flagged, he said during a year-ahead speech to the National Press Club on Monday.
"More jobs and better paid workers will only come from more profitable employers in a better position to employ people," Mr Abbott said.
His Govt has changed the criteria for 457 visas, where employers are no longer required to search for a suitable local worker...a business can get its whole workforce from Japan, Korea etc ,if it wants too.
Better paid workers?????- this Govt want to get rid of the minimum wage, penal time.... = lower paid workers
Small businesses don't employ many staff anyway in good times or bad.
Nothing new then, if the 1.5% cut is already flagged for small businesses... whoopee.
He doesn't know what he is talking about.
on 03-02-2015 03:54 PM
Think about this and let’s ask ourselves where Australia is heading, a first grader could work this out.
In 2007, we had a strong and sustainable budget with a $20 billion surplus and $50 billion in the bank.
After six years of Labor, the deficit had blown out to $50 billion and gross debt was skyrocketing towards $66...7 billion.
$37 million a day interest, $1 billion a month, $11 billion + per year.
Right now, we’re borrowing $1 billion a month just to pay the interest on debt that the former Labor government ran up.
That’s right – one thousand million every month to pay Labor’s interest bill – that’s a brand new tertiary hospital that could be built every single month if Labor’s interest bill did not have to be paid.
Or would you rather focus on Knights and Dames or Mr Abbott's Ears?