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Australia - The Lucky Country - On borrowed money.

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14 hours ago, emptypockets said:

Do you have anything intelligent to say?

Your retarded child statement is sufficient to rest my case in regards to your intelligence at least!!

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  • KhunHeineken
    KhunHeineken

    I wonder how much of it can be attributed to generous welfare systems that get taken advantage of.  

  • scottiejohn
    scottiejohn

    Why don't you leave the man alone and mind your own business? His lifestyle choices  have nothing to do with you!

  • Current annual cost of welfare / social services in Oz is AUD$191.8 billion. Personally I would not define welfare payments as 'generous', it is extremely difficult to live on welfare in Oz. e.g. Age

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  • Author

This economist paints a bleak picture for Australia.

18 hours ago, KhunHeineken said:

This economist paints a bleak picture for Australia.

So income ie wages is to blame hey, union bashing was the wrong move by the coalition as per f usual. What's your excuse KH!!

  • Author
3 minutes ago, Olmate said:

So income ie wages is to blame hey, union bashing was the wrong move by the coalition as per f usual. What's your excuse KH!!

Worse household disposable income growth in English speaking OECD countries in 11 years.

Not about union bashing. Unions could have coexisted with business if it wasn't for Australia's great housing market Ponzi scheme.

5 minutes ago, KhunHeineken said:

Worse household disposable income growth in English speaking OECD countries in 11 years.

Not about union bashing. Unions could have coexisted with business if it wasn't for Australia's great housing market Ponzi scheme.

Listen don't crapolla, you post the economist speaking about low income, then blame expensive houses, the cost of houses isn't at fault it's the folk wages are too low..

Australia started going pear shape when they privatised everything. I came from the western suburbs of Melbourne where there was all sorts of major industry. They've all gone now putting many thousands out of work. Many major industries were sold to overseas interests who don't pay tax in Australia. A classic example was the Liberals sold the Port Of Darwin to China even though the Liberals despise the Chinese but it is ok by them to use China as Australias major trading partner. Of course a senior Liberal official is now a senior figure in the Chinese running of the Port Of Darwin plus he's probably getting a retirement pension from his time in politics. When I was a kid we didn't have much after WW2 but everyone was happy, how things have changed and not for the better.

2 hours ago, Rams86 said:

Australia started going pear shape when they privatised everything. I came from the western suburbs of Melbourne where there was all sorts of major industry. They've all gone now putting many thousands out of work. Many major industries were sold to overseas interests who don't pay tax in Australia. A classic example was the Liberals sold the Port Of Darwin to China even though the Liberals despise the Chinese but it is ok by them to use China as Australias major trading partner. Of course a senior Liberal official is now a senior figure in the Chinese running of the Port Of Darwin plus he's probably getting a retirement pension from his time in politics. When I was a kid we didn't have much after WW2 but everyone was happy, how things have changed and not for the better.

West Footscray I boarded with family friends first job in the city, Dynon Rd bus to n fro, tried out with Bulldogs under Teddy Witten, good times👌

  • Author
3 hours ago, Olmate said:

Listen don't crapolla, you post the economist speaking about low income, then blame expensive houses, the cost of houses isn't at fault it's the folk wages are too low..

It's a Catch 22, or a dog chasing its tail.

House prices / rents go up, unions fight for more pay. People get more pay, house prices / rents go up. Unions fight for more pay, house prices / rents go up.

Negative gearing and the CGT discount turned what would be homes for the average Australian into an investment vehicle that got out of control.

  • Author
4 hours ago, Rams86 said:

Australia started going pear shape when they privatised everything. I came from the western suburbs of Melbourne where there was all sorts of major industry. They've all gone now putting many thousands out of work. Many major industries were sold to overseas interests who don't pay tax in Australia. A classic example was the Liberals sold the Port Of Darwin to China even though the Liberals despise the Chinese but it is ok by them to use China as Australias major trading partner. Of course a senior Liberal official is now a senior figure in the Chinese running of the Port Of Darwin plus he's probably getting a retirement pension from his time in politics. When I was a kid we didn't have much after WW2 but everyone was happy, how things have changed and not for the better.

Privatization is also a Catch 22 or dog chasing its tail.

The government/s are broke, so they sell off assets, p*ss the money way, so sell off more assets, p*ss the money away, so find something else to sell.

Then, as you say, the board / CEO / shareholders maximize profits by either going offshore, or rising prices in Australia.

Classic example, electricity. Australia went from some of the cheapest electricity in the world 20 years ago, to now one of the most expensive for electricity in the world.

Just when you think there's nothing left to sell, they come up with the idea of selling off defense assets. How desperate / broke must a country be to consider selling off military bases?

  • Author
2 hours ago, Olmate said:

West Footscray I boarded with family friends first job in the city, Dynon Rd bus to n fro, tried out with Bulldogs under Teddy Witten, good times👌

From there, you ended up in Coober Pedy. What went wrong? 😂

1 hour ago, KhunHeineken said:

From there, you ended up in Coober Pedy. What went wrong? 😂

Nought wrong with Coober, Mad Max showed you that😭😭 Footscray, on the other hand, is rooted.!!

  • Author
2 hours ago, Olmate said:

Nought wrong with Coober

Nought right with Coober also. 🙂

2 hours ago, Olmate said:

Mad Max showed you that

This comment brought back memories of Aussies fight over toilet paper in grocery stores. 😂

2 hours ago, Olmate said:

Footscray, on the other hand, is rooted.!!

Same as most of Australia.

1 hour ago, KhunHeineken said:

Nought right with Coober also. 🙂

This comment brought back memories of Aussies fight over toilet paper in grocery stores. 😂

Same as most of Australia.

Wrong but if that's your thinking why suggest

5 hours ago, KhunHeineken said:

From there, you ended up in Coober Pedy. What went wrong? 😂

Seems your looking for" a hole in the ground"cardisoma-guanhumi-2523708.jpg

  • Author
Just now, Olmate said:

Wrong but if that's your thinking why suggest

I suggest because it's right, not wrong.

1 minute ago, Olmate said:

Seems your looking for" a hole in the ground"

You were the one digging holes looking for opals, whilst on the dole. 😂

Talking about being on the dole, Australia is still The Lucky Country for those on the dole. 😂

Edited by KhunHeineken

12 hours ago, KhunHeineken said:

I suggest because it's right, not wrong.

You were the one digging holes looking for opals, whilst on the dole. 😂

Talking about being on the dole, Australia is still The Lucky Country for those on the dole. 😂

Thats the difference u n me, I dig x pensive rock, you dig up cheapo crock!! 💯iraq-1023450.jpg

Edited by Olmate

  • Author
4 hours ago, Olmate said:

Thats the difference u n me, I dig x pensive rock, you dig up cheapo crock!! 💯iraq-1023450.jpg

My house in Australia is on town sewage. You are the one that had to pump it out. 😂

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