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The Forum > General Discussion > Pros and Cons of the Federal Budget 2016

Pros and Cons of the Federal Budget 2016

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Noticed on the ABC Lateline Business Sauk Eastlake pontification on
but in a separate interview another commentator expressing the
realisation of the "End of Growth" !
This is I think the first time the ABC has even let it be mentioned.
The commentator pointed out that the low interest rates have not helped.
That there is a low growth condition everywhere, and nothing that we
do seems to fix it.
Yet the politicians are repeating Jobs, Jobs, Growth, Growth ad infinitum.
By the time of the next budget the losing party will be screaming
"Where are the jobs and growth you promised ?"
Well I am here to tell you there won't be any. What we have is all there is.
If we are lucky.

The banks have stopped lending to overseas borrowers, read Chinese,
because they have been caught offering up forged annual income
statements and the difficulty in getting money at settlement time.
That may have a bigger effect than any fiddling with NG & CGT.
It seems that there might be a glut of apartments heading for the market, offered up by the banks and/or agents.
Posted by Bazz, Wednesday, 11 May 2016 4:15:40 PM
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I'd like to have a beer with Duncan, and help him with his family budget, so he can afford more picture outings.

http://www.theaustralian.com.au/business/media/broadcast/the-truth-about-my-father-duncan-storrar-the-q--a-hero/news-story/ecf8f9d4eebbd54f9899697053fb445b

Q&A, you've done it again!
Posted by Luciferase, Thursday, 12 May 2016 9:38:34 AM
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Once again I would like to Thank all of the contributors
to this discussion. So much food for thought as always
on this Forum.

Thank You.
Posted by Foxy, Thursday, 12 May 2016 11:00:51 AM
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Luciferase,

Good one, but your link is U/S.

Recently, the ABC finally admitted in its own defence that Q&A is entertainment, not news. Sure could have fooled the audience who were led to another view entirely.

If it was to 'fact check' itself, the ABC could add that Q&A is full of the proverbial too.

Duncan
<Q&A 'battler' Duncan Storrar undeserving of cash, says son
ninemsn May 12, 2015

Geelong truckie Duncan Storrar has been hailed Australia's "new national hero" for his appearance on Q&A, but to his son he is a deadbeat fraudster undeserving of sympathy.

Aztec Major, 20, says he is in disbelief his estranged father has received more than $50,000 in donations after claiming on the ABC panel program he was a low-income earner who deserved a tax cut "to take his kids to the pictures".

"He doesn’t deserve it … It's ridiculous," Mr Major told The Australian.

"He’s used drugs. He’s not the person he’s making himself out to be."

Mr Major, who works as an apprentice spray painter in Geelong, says he lived with his father until he was four-years-old.

When he turned nine his mother Susan passed away from breast cancer, after which he lived with his grandparents.

He tried to reconnect with Mr Storrar when he was 17, only to realise he "was the kind of person I don't want to be".

"I came to the conclusion the best solution was to cut all the crap out of my life. I had to cut him out," he said.

Tamika Drew, the daughter of Mr Storrar's ex-partner, Cindy-Lee, agrees.

"I saw things as a kid living with him from when I was seven that I shouldn’t have to see," she said...>
http://www.9news.com.au/national/2016/05/12/09/29/qa-battler-duncan-storrar-undeserving-of-cash-says-son

I wonder if the twits of the Twitterati (and OLO has a few who lay claim to be Big Swinging Twits) will ever wake up to themselves. Heh, heh, not likely.
Posted by onthebeach, Thursday, 12 May 2016 1:12:32 PM
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Waleed Aly was awarded the "Golden Logie," by the
Australian public. Noni Hazelhurst explained that
it was because - :He makes people, think, feel, and
listen." (and of course - entertain).

Noni Hazelhurst did the same with her 2016 Logies speech.
And so does "Q and A," with their weekly TV program.

Still, it is all a question of attitude, as to what we
like or don't like and how we interpret events and issues.
Who determines a good or bad attitude?

It is us - and how we relate to our world since it covera
personal beliefs, feelings, and values. It is an extremely
subjective topic.

Hopefully, as we grow older we learn how to deal with these
attitudes much better. Having a mum with dementia is teaching
me not to dwell on the situation. Don't let negativity set in.
Talk with friends. Breathe and move on and above all - stay
positive. It doesn't always work - but it's worth trying
at least.

See you all on another discussion.

All The Best.
Posted by Foxy, Thursday, 12 May 2016 2:15:45 PM
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