http://www.smh.com.au/business/the-economy/australia-s-perfect-economy-set-for-a-wake-up-call-20190430-p51igr.html
I offer this link as a reality chack
It highlights very real stormy waters head no matter who wins the election
It could have apeared in the capitalism thread, evidence is mounting change maybe forced on us
Foxy believe me the nastiness will get worse
LNP dare not run on their record so back to the fear and loathing
After all it is all they have

'Wahine' exits, and Paul 1405 pops up after long break. Interesting.

Dear Foxy,

«It's an absolute turn-off.
My husband and I are planning to vote early - (at
the end of this week.) We're in the electorate
of Kevin Andrews. A safe Liberal seat.»

Aren't you pissed off that you and your husband have no say in this elections?

Some people who happened, perhaps 30 years ago, to buy their house in a street on the other side of the electoral-boundary have the power of perhaps 10 votes each while you and your husband have none!

This Australian electoral-system was designed by the two dinosaurs to ensure that they stay in power forever. Perhaps the one, perhaps the other, they don't mind, they are one and the same, you need a microscope to see the "differences" between them.

As part of this design to reinforce their control forever, any attempt to change the system will be drowned by the white noise of the majority of electors who only know two things about politics: that these two parties exist; and that they will be fined if they failed to vote.

Paul FYI the person who named me as Alan b also named a poster of NZ heritage wahine as you
Outstandingly dumb stuff
Last night [this is an election thread] Hanson fronted her tormentor a current affair
She showed a frail side, and the tough one we have come to expect
Worth noting she, time and again,told us it is HER party, nothing happens without her
Then? claimed to know nothing of her two clowns talking about cash donations to? HER party
Take nothing for granted,this election is not won yet
But we can at least hope some take their brains not their blind bias in to the voting booths

Dear Foxy,

It was an interesting debate with Bill gaining a couple of undecided in our viewing group.

And yes Bowen did very well on Q&A. I think we are finally seeing good policies which aren't completely soaked in economic rationalism coming to the fore. This use to be what governments and politics looked like in the past. They are mindful of fairness and equity.

The line the LNP and particularly Scott Morrison have been running with is that “It's your money and you know best what to do with it” which is code for further lowering taxes and keeping loopholes like dividend imputation and negative gearing. There are many people who I would rather see as PM than Bill Shorten but I can appreciate the vision Labour has set out.

Steel,
how is dividend imputation a loop whole? Or negative gearing.

Dividend imputation is getting a tax credit for tax that has already been paid, that is (using round figures) If BHP pays a dividend and has already paid tax at 30%, the shareholder gets a tax credit of 30%. The shareholder could be you , a retiree, your super fund or any organization (trust fund charity) . So what Mr Shorten is proposing is to remove franking credits on those who do not pay income tax.
The funny thing is tax has already been paid on the profit, so Labor wants 300000 odd Australians to pay tax twice.

Why is it fair that James Packer can get franking credits, yet Mr and Mrs average retiree misses out? It is simply NOT FAIR. So any Charity that invests in shares misses out, any retiree or unemployed person ends up paying 30% tax on any profits because they own shares.

As for negative gearing, just look at history 1985 to 1987, The Treasurer at the time was Paul Keating, he removed neg gearing and rents went up and demand for public housing went up 40%.

Mr Shorten says he will keep neg gearing for brand new houses, well as soon as settlement happens it is a second hand house and no investor is going to buy it, so instead of 100 people at the auction (and half our investors) you have 50 or less, so no capital growth. No investor will buy a new home. Full Stop. as you only buy a home for capital growth.

Do the numbers without neg gearing no one invest in housing as the numbers don't add up compared to investing into shares, commercial property etc