Politics Super Thread - keep it all in here

Status
Not open for further replies.
With apologies to Banjo Paterson.


There was movement through the nation, for the word had passed around
That the voters there had finally had their say,
And had voted independent – who were mostly Canberra bound –
The Libs thought hard about where blame might lay.
All the so-called “hard right” Liberals blamed the so-called Doctors’ wives,
As they poured through numbers on election night,
For the pollies love the counting – it consumes most of their lives,
The pundits thought the blame lay on the Right.

There was Frydenberg who made his move when Petro tossed it in,
Made Kooyong his then settled in for life,
And imagined that the Lodge would be a prize that he could win,
If he could walk the middle road without much strife.
Tim Wilson hailed from Goldstein and he’d long had much to say,
He hated super, anti-bikie laws and tax,
Look back some years – director of the bloody IPA?!
“A moderate” is a tag that Wilson lacks.

And one was there – a stripling – on the Labor side of things,
Who’d lost some weight and smartened up his image,
‘Cause it’s never really over ‘til the fat, old lady sings –
He was really looking forward to the scrimmage.
Some early slips took bark off and the Libs went for the kill,
But Albanese managed to fight back,
The polls were trending nicely but there yet remained a hill –
The Murdoch rags kept sending up the flak.

So Rupert put his bets on and he doubled down of course,
Scared editors around the country bowed,
And after dark the Sky team poured their own vile type of sauce,
On the Commie, socialistic sort of crowd.
The Indies knew the relevance of Murdoch’s sort of press,
Had nothing like the clout of other days,
So they tweeted and they door knocked on each eligible address –
Hoped to prove that grass roots politicking pays.

The counting it had started and the Libs weren’t looking good
And recriminations came throughout the night,
‘Cause each and every seat that had an Indie who had stood,
Showed the Coalition’s sad and sorry plight.
Even Ant Green wouldn’t call it – “It’s a mess” – he might have said,
As he slowly gave the nod to Albanese,
And the benches in the parliament kept turning shades of red
While the Teals took seats in ways that looked quite easy.

And down at Tory central where the monied people live,
Instead of caviar they dined on mutton,
And they counted numbers carefully, and knew they had to give
The opposition leader’s gig to Dutton.
And he’ll wheel ‘em - oh he’ll wheel ‘em – oh he’ll wheel ‘em to the right,
Where half the Libs don’t really want to go,
They’ll spend terms in opposition if they give up on that fight,
And they’ll learn you reap the seeds that you might sow.
 
Also refreshing to see foreign policy return after what seems like an eternity of an insular, Small Australia approach.
Amazing what can be achieved when there is want for other than dog whistling in attempts to gain and then try and retain power.

Would like to hear from the Wong haters as to her actual abilities and maybe some comparisons to her predecessor. Such when remembering that Payne was probably the most capable minister in government just 17 days ago.

I look forward to improving relationships around the globe, especially in our region/s and particularly a much more positive one with China.
 
Kevin Rudd has an interview about China up on YouTube. If you can get through his demeanour, it’s interesting.

He talks about the recent governmental interference with their market that seems to be increasing.

Levers and handles now being pulled that weren’t even looked at a few years ago.
 
Kevin Rudd has an interview about China up on YouTube. If you can get through his demeanour, it’s interesting.

He talks about the recent governmental interference with their market that seems to be increasing.

Levers and handles now being pulled that weren’t even looked at a few years ago.
Does he still call them rat fornicators?
 
  • Haha
Reactions: TSP
Amazing what can be achieved when there is want for other than dog whistling in attempts to gain and then try and retain power.

Would like to hear from the Wong haters as to her actual abilities and maybe some comparisons to her predecessor. Such when remembering that Payne was probably the most capable minister in government just 17 days ago.

I look forward to improving relationships around the globe, especially in our region/s and particularly a much more positive one with China.
To be honest, I was never a Penny Wong fan. Can't explain why, just didn't like her. And I wasn't convinced Albo was your ideal diplomat. Happily admit I was wrong. Way wrong.
 
New analysis of data published by the Australian Tax Office (ATO) shows that five of the gas industry’s most prominent companies have paid no income tax for at least the past seven years, despite a combined income from their Australian operations of $138 billion.

https://australiainstitute.org.au/post/appea-members-pay-no-income-tax-on-income-of-138-billion/
We need to put in place a system where when a company’s revenue exceeds a certain amount they are taxed on revenue not profit.

It’s too easy for multinationals to fake a loss. They do this by having multiple divisions, especially overseas divisions where there are tax havens, charge (invoice) other areas of the company so it looks like a division is loosing money, when in fact they are not. Instead they are just transferring funds overseas by internal invoices. It’s a bit more complicated than that but that’s the basis of it.

That’s how multinationals avoid paying tax. It’s a bookkeeping trick. It’s rife in the high tech industries as I am sure it is with most multinationals.
 
We need to put in place a system where when a company’s revenue exceeds a certain amount they are taxed on revenue not profit.
Trouble is if you do that you discourage CAPEX and investment in drilling which is very capital intensive.
It’s too easy for multinationals to fake a loss. They do this by having multiple divisions, especially overseas divisions where there are tax havens, charge (invoice) other areas of the company so it looks like a division is loosing money, when in fact they are not. Instead they are just transferring funds overseas by internal invoices. It’s a bit more complicated than that but that’s the basis of it.

That’s how multinationals avoid paying tax. It’s a bookkeeping trick. It’s rife in the high tech industries as I am sure it is with most multinationals.
 
  • Wow
Reactions: BZN
Trouble is if you do that you discourage CAPEX and investment in drilling which is very capital intensive.
Yeah, so maybe you get credit for CAPEX by the Australian company or division. Maybe that ups the threshold on a dollar by dollar basis for when you start taxing revenue. That may actually encourage CAPEX expenditure. There would be a way to do it so as not to stifle CAPEX. But that is not the area where multinationals fake a loss. It’s the internal invoicing by overseas divisions the allows the loss occur.
 
  • Like
Reactions: BZN
Yeah, so maybe you get credit for CAPEX by the Australian company or division. Maybe that ups the threshold on a dollar by dollar basis for when you start taxing revenue. That may actually encourage CAPEX expenditure. There would be a way to do it so as not to stifle CAPEX. But that is not the area where multinationals fake a loss. It’s the internal invoicing by overseas divisions the allows the loss occur.
Hey Mike, have you got an opinion on the French submarine compensation that was announced?
 
  • Like
Reactions: BZN
Hey Mike, have you got an opinion on the French submarine compensation that was announced?
Without knowing what contracts were signed can’t really say. My guess is we got out of it cheap. Whichever way, it was a total waste of taxpayer’s money though. We could have rebuild Stadium Australia with that money. 😂😂😂😂😂😂
 
  • Like
Reactions: BZN
Without knowing what contracts were signed can’t really say. My guess is we got out of it cheap. Whichever way, it was a total waste of taxpayer’s money though. We could have rebuild Stadium Australia with that money. 😂😂😂😂😂😂
Sorry got you mixed up with another member.
Any payout of that magnitude hurts, especially after inpact from covid, floods and fires.
I feel really strong about spending money on defense, or wasting money but I won't take up your time because it had nothing to do with what you were chatting about 👍
 
Amazing what can be achieved when there is want for other than dog whistling in attempts to gain and then try and retain power.

Would like to hear from the Wong haters as to her actual abilities and maybe some comparisons to her predecessor. Such when remembering that Payne was probably the most capable minister in government just 17 days ago.

I look forward to improving relationships around the globe, especially in our region/s and particularly a much more positive one with China.
In fairness to Payne seems like she was very much hamstrung and it's not fair to play her off against Wong when she had a government unwilling to listen to her advice.
 
Kevin Rudd has an interview about China up on YouTube. If you can get through his demeanour, it’s interesting.

He talks about the recent governmental interference with their market that seems to be increasing.

Levers and handles now being pulled that weren’t even looked at a few years ago.

It's been said that China is desperate to lift their birth rate, they have fallen into the same trap as other generally well educated and wealthy nations and stopped having kids. The one child policy has contributed heavily to this and has been reversed in order to arrest the falling birth rates. Apparently their population could dip as low as half of their current 1.1bn.
 
It's been said that China is desperate to lift their birth rate, they have fallen into the same trap as other generally well educated and wealthy nations and stopped having kids. The one child policy has contributed heavily to this and has been reversed in order to arrest the falling birth rates. Apparently their population could dip as low as half of their current 1.1bn.
Interesting.

Smaller population is good in some ways, bad in others. I think their population is aging and people need to work to keep the oldsters going like us.

For the west, maybe the regular couple wanted more material things instead of kids.

Now the cost of living is really kicking in.

Put prices up at work and already customers are pushing back.

Your factory Chinese isn’t altogether wealthy. Tough life for many,
 
Status
Not open for further replies.

Members online

Back
Top