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The Forum > General Discussion > Bills super grab, oh what a hide they have.

Bills super grab, oh what a hide they have.

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Yes OTB, I often refer to as comments from the under achievers in life, those who willingly accept the finical support they rely on for their every day lives, yet despise those who provide that support.
Posted by rehctub, Monday, 27 April 2015 6:20:07 AM
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For every action there is a reaction, if there was no reaction the action would be pointless. Action is all about creating a reaction, like the reserve bank lowering interest rates it is only good for so many reductions for the economy to be stimulated, beyond that it sends people broke, which is not it’s intended reaction. It’s the by product of an action when the action no longer works. Like Abbott’s budget action it got an unintended reaction which makes you think the action was not well thought out. Australia is now in limbo, a reaction of a failed action, which desperately needs action to refresh the pm’s inaction. The great ship AU is acting dangerously, floating aimlessly around the pacific ocean without any action to correct it’s reaction of being allowed to drift un attended without corrective action.

There is no such thing as rightful inheritance, you can give away your assets in any manner what so ever. Inheritance is not a prerequisite of life, it is your will to give or not to give.
Superannuation has become a haven for the under-taxing of assets, and is long overdue for for a reassessment. The coalition does not have the supporter base for such action, labor is the only one’s to alter tax at the big end of town.
As with the coalition budget, which was shouldered by the small end of town and had full support of the big end of town. The financial parents welfare was not exactly overwhelmingly knocked down by coalition supporters now was it.
Hockey says we are going to live to 150, not any time soon. Our medical system is in decline, the fat cats need to pay their fair share of tax, and quit them budging on the system to support their bank balance.
Posted by 579, Monday, 27 April 2015 11:36:04 AM
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Hockey now faces a dilemma on myriad fronts. In opposition, he railed against profligacy and continually denounced the previous government's "debt and deficit disaster". That was with net debt at about 12 per cent of GDP.
That's all changed. After the community backlash from last year's budget and with the crash in commodity prices punching a $25 billion hole in annual government revenue, Tony Abbott reckons "a ratio of debt to GDP at about 50 or 60 per cent is a pretty good result".
Posted by 579, Monday, 27 April 2015 12:59:45 PM
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It is not only Labor who have eyes on our super. The Coalition are the same. There is $1.8 trillion in super in Aust and they will take a large portion when our crisis happens.

BTW there won't be much left after the next financial crash anyway.
Posted by Arjay, Thursday, 30 April 2015 7:57:07 AM
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