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13-02-2014, 03:09 PM | #91 | ||
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And this would certainly help any industry we had left
http://www.theage.com.au/business/ma...212-32iib.html
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13-02-2014, 04:36 PM | #92 | ||||||
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13-02-2014, 04:48 PM | #93 | ||
bitch lasagne
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It shocks me that people believe that the financial sector is sustainable and able to absorb the jobs lost from manufacturing. It is built on the premise of exponential growth and fuelled by ever increasing levels of debt.
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13-02-2014, 05:11 PM | #94 | |||
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Hopefully the world needs your services for as long as you want to work. Personally I prefer Australia to have a diverse range of industries and services, so if one is struggling people can move to another industry. However at the moment I see several industries suffering, which I believe will add to Australia unemployment rate and put pressure on our economy.
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13-02-2014, 05:14 PM | #95 | ||
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Add to that the financial sector is not immune to overseas competition. Our banks have already moved elements of the operations overseas and will continue to do so.
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13-02-2014, 06:50 PM | #96 | ||
T3FTE -099. OnTemp Loan
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And to add to that, our banks have borrowed their reserves from international lenders.
Its only a matter of time, and when things tighten further o/s and the big lenders chase what they're owed, our banks could cripple. Considering their obligation is to repay their debt, they have the legal capacity to claim all deposits as their own money, basically rob you of your deposits and leave you with nothing - Just as Cyprus did. If you think this cant happen in Australia, think again. And its 100% legal !
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13-02-2014, 07:27 PM | #97 | |||
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Anglo Saxons need to wake up and understand what's going on in the wider world or we will be paying rent to foreigners just to live here.
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13-02-2014, 07:49 PM | #98 | |||
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There has actually been a book written by AI (described as acceptable) and music is quite often improved through Inteligent software. Dont assume anything. JP |
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13-02-2014, 08:55 PM | #99 | |||
bitch lasagne
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13-02-2014, 10:43 PM | #100 | ||
Wirlankarra yanama
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Fixing the mess, 5 things to stop unemployment from getting worse (as per Economic Professor Sinclair Davidson)
1) Massive tax cuts at both Federal and State level. Top rate a flat 30% (big call). Short term pain long term gain. Think about it, workers given an incentive to work rather than the current situation where half our pay goes to Canberra. More disposable income, people have some money to actually do stuff. 2) Big cuts in Government a) Cuts to industry policy - don't give money to companies that don't need it e.g. SPC b) Big cuts to Foreign Aid c) Research cuts to CSIRO d) Sell the ABC 3) Cut Green and Red tape a) remove mandatory renewable targets - these have done nothing except cause massive price increases to energy b) remove red tape which hinders business from doing business 4) Liberalise the Labor Market. For example Toyota wanted to change their EBA, rather than give workers the option to vote on a new EBA, the union took Toyota to court. In the meantime Toyota says to hard and pulls the pin. It is unacceptable to have a situation where the EBA process is used "against" workers such that workers lose their jobs. 5) Liberalise the housing market. Work is dynamic and moving all around (personally we once relocated 7 times in a 24 month period). Relocation is now the norm and you have got to make it easier for people to relocate, release more land, reduce stamp duties, reduce infrastructure levies. All these things add to the huge prices we pay for housing. Situations where people can not get to new jobs, because they're stuck where they are and can not afford to buy/sell. |
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13-02-2014, 11:47 PM | #101 | |||
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2. let companies fold . doesnt seem to be working 3. what sort of red tape . the kind of tape that says , climb up there and do this , and if you fall can we have your number so we can call someone to pick you up . 4. let the company not adhere to rules , so get some indian kids to take over some of the easier work maybe to save the company , 5. tend to agree here . however tough on the family . kids leaving friends etc spouses having to leave there job to follow a partner . Last edited by gtfpv; 13-02-2014 at 11:57 PM. |
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13-02-2014, 11:52 PM | #102 | |||
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Quote:
http://www.abc.net.au/news/2014-02-1...rdmona/5257564 |
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14-02-2014, 12:01 AM | #103 | |||
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14-02-2014, 12:06 AM | #104 | ||
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It's amusing that some think putting the other mob in will make things betterer(yes i ment to spell it that way )...... when in fact they played a pivotal policy role in getting us to where we stand today..................
Last edited by mik; 30-08-2014 at 11:26 PM. |
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14-02-2014, 12:09 AM | #105 | |||
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Didn't elaborate further as he was busy ... I myself am confused.
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14-02-2014, 02:00 AM | #106 | ||
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14-02-2014, 09:38 AM | #107 | ||
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I think Ardmona were upfront in asking for money to help 'modernise' their factories. In my mind modernise is to automate to increase production while reducing labor input machines can make and fill cans better than people today, cost less in the short term and work faultlessly without pee stops.
And nobody asked the question is this a good thing? JP |
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14-02-2014, 09:41 AM | #108 | ||
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The SPC thing is bad in two ways. If they close the workers and farmers lose out. If they get more automation, the factory workers lose out, but the farmers still operate as per normal.
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14-02-2014, 10:00 AM | #109 | ||
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14-02-2014, 10:13 AM | #110 | |||
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i wonder if they will get elected next time with this educated slogan , with their educated voters..... we're betterer we promise . |
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14-02-2014, 10:46 AM | #111 | ||
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I’m not defending or attacking either party, ideology or person. But Unemployment can be a good thing for an economy. Never a good thing for the individual and their families though.
A slowdown in spending, through employment falling has several benefits governments may pursue which will have benefit to the longer term economy. Usually we can’t see the reasoning as no politician is coming out to declare this is the unemployment we had to have... Macroeconomics theoretically dictates an optimum unemployment rate for given scenarios, how the government of the day achieves this is what history will judge them by. They will also be judged by who they help and who they will let fall through the net. Electorate favouritism or vote seeding is dangerous and can lead to effective punishment in susceptible jurisdictions for voting a particular way. An aside, Dubais government has just launched a pilot program of delivery by drones which the likes of google and amazon have been testing for some time. The end of traditional couriers is nigh over the next 10-15 years JP |
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14-02-2014, 11:57 AM | #112 | ||
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The aging population is going to be the biggest economic challenge for Australia in years to come and the high level of unemployment will only make things worse. There is only a very small percentage of self funded retirees, massive pressure placed on the health system and social welfare system, that coupled with a shrinking manufacturing base, high unemployment, and ever increasing cost of living is going to make things very interesting.
I can envisage that at some stage retirees will have to forfeit their family home in some kind of Govt mortgage that will ensure their pension benefits until they die and the govt will recoup a percentage of their money upon sale of the property. Constructive thoughts on the subject anyone !
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14-02-2014, 12:09 PM | #113 | |||
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Cant see any government changing the rules about pensions etc for a while given the BBoomers still wierld very large social sticks. And its their 'god given right' to recieve what they 'have been promised all these years'. This employment slump wil only last 3-5 maybe 6 years then back to Normal (when will we learn) until the next time 15 years hence. Manufacturing slump?, from todays 8 percent of GDP wont affect retirees...they dont work in any job let alone manufacturing. Soylent green anyone. JP |
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14-02-2014, 12:25 PM | #114 | |||
Pity the fool
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Fords I own or have owned: 1970 XW Falcon GT replica | 1970 XW Falcon | 1971 XY Fairmont | 1973 ZG Fairlane | 1986 XF Falcon panel van | 1987 XFII Falcon S-Pack | 1988 XF Falcon GLS ute | 1993 EBII Fairmont V8 | 1996 XG Falcon ute | 2000 AU Falcon wagon | 2004 BA Falcon XT | 2012 SZ Territory Titanium AWD Proud to buy Australian and support Ford Australia through thick and thin |
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14-02-2014, 12:49 PM | #115 | |||
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14-02-2014, 12:58 PM | #116 | |||
Wirlankarra yanama
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If a pensioner is living at home, then the house is not asset tested. But if they're widowed or a widower, and require high level care in a nursing home, they are fairly much forced to sell the family home to pay for the care. |
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14-02-2014, 01:05 PM | #117 | |||
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Previous generations had the promise of a pension as thanks for their lifetime contribution. The retirement age was determined based on life expectancy such that the pension would only be paid for a reasonable short time. Of course the life expectancy of Baby boomers is so much better than expected but their health is as expected meaning longer periods of reliance on the healthcare system than had they just lied down and died. Younger generations have had superannuation forced onto them to reduce reliance on the state once they cease working, a greater propensity for self funding their retirement, the age of which will be increased to match life expectancy and further reduce the likely impost on the community. (UK has started this process) The question is how does our society pay for the baby boomers who had promises made and collectively are in no position to change direction now only a decade away from all of them being retired and dying and until they are just a memory they still wield significant financial, social and political clout JP |
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14-02-2014, 01:10 PM | #118 | |||
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14-02-2014, 01:20 PM | #119 | ||
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Im confused by super doesnt the business you work for pay it? and there raising it slowly to 12% if thats the case i think it should be taxed they could tax it at 2 or 3 percent and youd still be infront compared to the super you get today? or am i wrong?. This money business isnt my strong suite.
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14-02-2014, 01:30 PM | #120 | |||
bitch lasagne
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An old adage: - You don't hold it, you don't own it. |
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