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Re: State Elections

Reply #90 –
Quote from: ElwoodBlues1 – on
I'm just waiting for Dan to sneak another pollies pay rise through parliament during the middle of the night....
I suspect Politician payrises are inevitable, as long as Corporates keep making mega wages and bonuses off scalping big companies and staff it's inevitable you'll need to pay politicians more to get people interested in the public service gig!

Have a look this week, QANTAS CEO Joyce gets a massive payday, off the back of COVID redundancies and huge airfare rises because if they didn't they would go bust! Instead they miraculously end up with a record all time profit and Joyce hits the jackpot!

That is what we are competing with when we call for better people in politics.
"Extremists on either side will always meet in the Middle!"

Re: State Elections

Reply #91 –
Getting rid of the payroll tax exemption for private schools could have devastating consequences. Maybe plans to build that 3rd Olympic size pool will have to be deferred or maybe that new radio-telescope and planetarium won’t be built. Or perhaps Scotch College won’t be able to sign up Alistair Clarkson to coach the 1st XVIII. Quelle horreur !

Re: State Elections

Reply #92 –
Well the cost will be passed onto the parents who will definitely up the rent on their rental properties.
2012 HAPPENED!!!!!!!

Re: State Elections

Reply #94 –
Quote from: dodge – on
This was set up some time ago - not sure by who.
Is that for both Federal and State or just Federal?

I thought it was set up by Howard for Federal only.
"Extremists on either side will always meet in the Middle!"
 

Re: State Elections

Reply #95 –
Or maybe the schools won’t build the 3rd Olympic size pool or that new radio-telescope and planetarium or won’t sign up Alistair Clarkson to coach the 1st XVIII.

But it seems the landlords have already factored in the new budget by imposing extortionate increases in rents. The thing that I don’t understand is why the landlords went big on rent rises in NSW when they weren’t even subject to the Victorian State Budget …

I guess the best remedy is to decrease taxes on landlords and give them more tax breaks like negative gearing. We know landlords are really hurting right now and it must break their hearts to Jack up rents as they’re doing now. Surely, reducing their expenses would see them fighting over who will decrease rents by the most. And it’s great to see that they’re already being given a chop out: Landlord tax breaks to exceed $100b, Australian Financial Review.

Re: State Elections

Reply #97 –
Quote from: Mav – on

And it’s great to see that they’re already being given a chop out: Landlord tax breaks to exceed $100b, Australian Financial Review.
It's just horrendous isn't it.

At the moment so many are having adult kids move back in, we aren't talking teenagers, but late 20 or even 30 somethings with fulltime employment who either can't afford a mortgage or can't find a house to rent that they can afford! Qualified Tradies, Nurses, Salespeople, even the self-employed are being screwed over by soaring mortgage and rental prices.

Something is about to break, if I was dependant on cash flow from heavily financed property portfolios I'd be liquidating some assets and getting into the black as soon as possible.

COVID made things horribly worse, many inner city well-to-dos headed into suburbia and surrounding regions buying "cheap" investment properties for temporary accommodation. They renovated droving up the property prices, and now demand high rentals beyond the remit of the locals they originally displaced.
"Extremists on either side will always meet in the Middle!"

Re: State Elections

Reply #98 –
Quote from: madbluboy – on
Well the cost will be passed onto the parents who will definitely up the rent on their rental properties.
Or they will send their kids back to the State School system and drain more resources from the needy families who need support.
Of course what people dont realise is that the Vic budget will cost the federal government almost $3 billion in revenue over the next four years, and more than $7 billion over a decade, as landlords and business owners write off the tax rises imposed on them.
So where is that shortfall in money coming from....answer.... the mug public taxpayer, wouldnt be surprised to see the GST go up either as Albo also had to fork out as well for his share of Dans Infrastructure builds in Victoria.
From the Australian: "Tasmania is seeking to lure Victorian businesses in the wake of the Andrews government’s ‘horror’ high-taxing state budget, as it promises to hand down a more benign budget of its own".

Re: State Elections

Reply #99 –
Quote from: LP – on
Is that for both Federal and State or just Federal?

I thought it was set up by Howard for Federal only.

The Commonwealth and all States and Territories have bodies that determine remuneration for parliamentarians.  The Commonwealth remuneration committee was established under the Whitlam Government in 1973.

The Victorian tribunal determines remuneration for MPs, local government councillors and senior public service executives.
It's still the Gulf of Mexico, Don Old!

Re: State Elections

Reply #100 –
That’s tame from The Australian. Surely, Rupert could come up with a better scare campaign than that …

Funny how the Murdoch press argues that all of the Budget moves will be passed on 100% to the poor consumer but when they want to go for a 2nd bite of the cherry they focus on those impacts forming tax deductions coming out of the federal budget. Sure, it’s rank hypocrisy but would we expect information or disinformation from Rupert? He spins better than Warnie.

And how terrible that the changes may reverse the Liberals’ wet dream of stripping the government school system of students and resources. What a laugh that the Budget changes will hurt government schools by interfering with the private schools’ heroic and altruistic attempts to take the pressure off them  ^-^

Re: State Elections

Reply #101 –
Quote from: Mav – on
That’s tame from The Australian. Surely, Rupert could come up with a better scare campaign than that …

Funny how the Murdoch press argues that all of the Budget moves will be passed on 100% to the poor consumer but when they want to go for a 2nd bite of the cherry they focus on those impacts forming tax deductions coming out of the federal budget. Sure, it’s rank hypocrisy but would we expect information or disinformation from Rupert? He spins better than Warnie.

And how terrible that the changes may reverse the Liberals’ wet dream of stripping the government school system of students and resources. What a laugh that the Budget changes will hurt government schools by interfering with the private schools’ heroic and altruistic attempts to take the pressure off them  ^-^
Its like the Private Health system and Private Insurance....if it isnt there then all those patients end up overwhelming the public system. Im not in favour of over funding the Private school system and my kids and myself went to local public schools but the reality is Private Schools are an evil you have to have and the public system doesnt need any overflow of students from parents unable to afford Private anymore. That only drags the public system down and drains resources from families and kids who need extra support and care. My son teaches grade 5/6 and has 30 in his class this year, he has a couple of special needs kids who need teachers aides but there isnt any money for it......why make that situation worse?

Re: State Elections

Reply #102 –
Change the funding system to reverse the flow of money into private schooling that the Liberals engineered and make sure the students returning to government schools bring the funding back with them and you’ll have a far better education system. Gonski recommended needs-based funding but the Liberals were happy to listen to lobbying from private schools of various religious affiliations. The end of the payroll tax exemption is finally a small but virtually insignificant step in the right direction.

Re: State Elections

Reply #103 –
Like Terry McCrann said we are broke.
2012 HAPPENED!!!!!!!

Re: State Elections

Reply #104 –
Interesting the Commonwealth Games announcement.

I suspected at the time the costs / bidding was all a bit dubious. because coming out of COVID I was hearing from mates in construction and event business that costs were skyrocketing and the announced budget was basically the same as a pre-COVID 2018 games. Some materials have gone up twofold or threefold in cost, also not directly but because resources are being redirected the decision to cut forestry in Vic has made things even worse. All this feeds back.

I wonder how much of the estimated budget overrun is really increased material costs, versus contractors trying to recover their loss of income over COVID?

You'd have to be pretty nervous working on big projects at the moment, but on the bright side there might be a fresh material for a new episode of Utopia!

Those of you who do not follow this stuff won't be surprised to find the average blowout for a Comm games is about +50%, Brisbane was almost 100% and Birmingham was 43%. There are accusations of creative accounting for the Birmingham games with allegations some expenses were funnelled into special COVID budgets not included in the final report.
"Extremists on either side will always meet in the Middle!"