We are at an interesting and somewhat dangerous place at the moment, as we are now starting to feel the knock on effects of the new way of running businesses here in Oz.

I said back in 07 that if we take an axe to IR, that somewhere down the track we would pay for it dearly, and perhaps that somewhere is closer than we might think.

When you think about it, we have recently come through the largest mining boom in our history, yet, we are in worse shape now, than we were pre boom, with the CSG infrastructure phase being our last real source of job creation, and that has an end date of approx 2016/17.

Our coal industry is in meltdown, and even manufacturing icons like the top end smelting plant are closing shop.

Furthermore, with our car industries in turmoil, and the likes of Qantas, a national icon, buckling under the strain, one has to wonder just where we will be by say 2020, especially given our collective powers to be expect us to cut emissions during the next seven odd years as well. A move THAT MUST add to costs.

Our schools are in poor shape, we have unfunded dreams such as the gonski, NDIS and the so called NBN that is becoming ever closer to the white elephant that many of us predicted it would.

Even the die hard labor supporters would have to admit that the labor experiment of 07&10 were dismal failures and have set the tone for what looks to be decades of struggle street for generations to come.

I'm fear the lucky country ship has sailed and we've missed the boat.

Butch you have your dream govt; installed. Yet you don't seem happy. Abbott has got things under control as he told the people of AU before the election. So work choices will return, but the cost of buying will remain the same, will that fix your concerns. GST will rise to 18% and that will get a few extra bucks. The sale of medibank will be a great help also. You must have faith in Abbott and co to guide the ship.

Gee 579, if any of what you say is true, and actually occurs, it's a disgrace that it will only occurr as a means to try to pay down labors useless debt.

I say useless, because what did they achieve with the billions the spent/wasted.

Notice the Decline in the boats lately!

I have little doubt work choices, of some form, will one day return, so we can stop paying ridiculously high wages for the losers, and increase the wages fir the real workers, which in turn will increase productivity.

You see when you over pay poor workers, the good ones sit on their hands.

Point in case.

too easy
you rekon..their going bust
bet on/them going down..[you cant buy shares..in them/only bet if their going up/or down]

BUT WHOCARE WHAT CAPITALISTS WANT?
govt only needs put ina lasw..[that our tools remainin oz]

and dont get sold for scrap value

TAX DEDUCTIONS..means the tools
tax-deducted..to minimize tax..[that govt compensated..them for]

..stay here
simple..you can go..but the building and the tools BELONG TOTHE WORKMAN

its why you got the sack[to carry YOUR tools/home]

the TRADES MAN OWN THE TOOLS
unionists fought for that

so..sure..mr/gmh..you can go
BUT*..your tools STAY

removing them means you..gottta pay back..the deductibles[depreciation/your..too clever lawyers used..to scam..us/all.

exporting tools/machines..is treason

thieves..must/not gain..from their LIES
you..signed..it..YOUR PERSONALLY LIABLE*

ex-us

579, you think Rechub is unhappy even though the Lib/Nat were elected.
Well I have to tell you that neither Lib/Nat or Labour know what is
happening but as it does happen the Lib/Nats I believe will be better
able to adapt to the circumstances.

They do not understand that we are entering an era of zero growth and
if not managed properly will put us into contraction.
Neither will at first understand that this is a PERMANENT condition.
It is not something that can be overcome by money manipulation or by
nationalisation of banks and businesses.
The situation in Europe and the US illustrate this brilliantly.

Peter Costello warned that we cannot pay off the current debt ever !
If so how much worse off is the US ?
What do you think will happen when the world accepts that US bonds and
debt will never be paid off ?

It is a fundamental change that is just now starting to happen.
The government will now start pouring money into a 2nd Sydney airport.
I will bet quids that it will never be more than half done when it is
abandoned due to falling air traffic. Overseas, air traffic has fallen
in some areas already.
The airport may be abandoned earlier because the government will not
have the money. Indeed, if anyone thinks government money is tight
now, it will be party time compared to the next 15 years.

IR rules will become irrelevant as unemployment rises.
Imports will decrease as everything becomes local and
"chuck it out and buy a new one" will be what grandpa did.

"""
so we can stop paying ridiculously high wages for the losers
"""

Should we not pay people a living wage?

Coz if you don't, we the tax payers fill in the shortfall, welfare for the rich!

I'm sick of paying burger flippers through my taxes because companies refuse to pay a living wage, Wake up!