Beoz

On the contrary, it's hardly going to arrest property decline. Its restricted to 10,000 first home buyers. There has already been over 8000 in the first quarter this year. Nothing to fear for you there.

Can you give me some stats on the wealthy not paying their fair share. Last time I looked the top 10% of earners paid 50% of taxes. More than fair. Or is it just popular propaganda for the me me me's to say otherwise?

the troubadour

I seem to recall giving you all the facts on a previous thread when you were going on a rant about such an issue. Fact being Australia has rightly a progressive tax system so obviously the rich will pay more. But they are only taxed on declared income not gross which substantially reduces amount paid due to a range of reasons, creative accounting being at the centre. (tax minimisation on gross income sure you have heard of the term)Can you tell me when 10% who have under their control almost 49% of net wealth only pay 50 % of taxes. (as if that is something altruistic or something) What do you expect the 50% of Aussies who control well under 4% of share of private wealth to pay for the rich as well?

The housing market requires no stimulation. it requires a return to sanity. That means a market where the average person can partake in and housing is returned as meant, as a place to grow in and not to flip to turn a fast profit.

the troubadour

Last Howard government spent up big in bribes in an attempt to be returned. WA Con's spent pretty much the entire earnings of the biggest boom in mineral resources. So much for being economic managers. Both sides fail on most things. ALP shows more heart and without doubt better for ordinary people. For those seeking out entitlements, like franking well Coalition would be your choice.

GarryP

As we have well covered in the past, and as you know full well, labor could point to the GFC as the cause of the rises, which LABOR began to reign in. And then the coalition stuffed up with poor economic management and poor policy (eg giving backhanders to their mates). The coalition can't point to a GFC to explain their failure - it's all down to them. Which was the point - you've said there's "not a lot to fault" in their performance, whereas the reality is there's not a lot BUT fault in how they have mismanaged things.

Oh, and as has been pointed out, many, many, times in the past - I'm not a "labor voter". This is a 'least worst' between the two main parties - and the coalition are economically inept to add to their corruption and social destruction. That's the reality that I'm pointing up with evidence (and not letting you get away with lying about).

Beoz

The bottom 50% control 18% of wealth. You do make up some crap. Are you Bull Shorten in disguise?

But that's how it works. If you aren't wealthy, you don't own as much. Do you really expect someone on $50k per year to own as much at someone on $150k. You probably do given your me me me attitude.

And here's something else Bull Shorten is not telling you.

The decision means the top quartile of taxpayers – those earning more than $90,000 a year – will have effective average marginal tax rates 5 per cent higher under Labor than they would under the Coalition by 2022.
SMH

Suddenly $90k per year is the top end of town

the troubadour

Best do a little research outside of the Coalition manifesto and see what is what. Little use sprouting Coalition lies and propaganda from the hymn sheet. The future of this nation is at stake. Still no reason for wage earners to subsidise the rich. Nor to cheer on growing inequality. If people vote Coalition in numbers, then they clearly want to go down the American line in health care and education. Better get building more prisons, as crime will increasingly get out of hand. Coalition scare campaign is but that. Fear is there main weapon as policy is defunct. The real fear though will be if the coalition is returned. One can anticipate the right wing of the party to make ever more odious demands on the few remaining centre ministers and attempt to re introduce a budget and policy to match which will likely prove very hard to turn back. Don't allow fear to dictate your vote folks. Use it wisely. Neither party is tackling a host of issues. Some tightening of the numbers of 'vibrants' entering should be considered to give respite to overcrowded infrastructure in Sydney and Melbourne at least.
More discussion into the type of nation people desire this nation to become as well. A purely economic unit of increasing division or demand better and become a nation of greater inclusion, a place where live to work is turned back to a place of work to live, with the aim to develop the best health facilities in the world available to all and education to match and a return to sensible house pricing.
Isn't it not a little odd, Aussies appeared far happier thirty plus years ago when they earned less, but living was easier and more time on hand to do with as wished? Far less mental health issues as well, which has developed into another 'growth industry;.

Beoz

The numbers are from the Guardian. Your true left wing morning reading. Where are yours from?

Anyhow, 30 years ago you wouldn't know about mental health. It wasn't discussed. There was no help. Speaking of which the only candidate to bring mental health to the table is Morrison. If that's high on your priorities you know who to vote for.

Just watched Leigh Sales interview both candidates. It's pretty clear where we are.

Libs - laying a platform for ALL Australians to succeed and make a better life for themselves.

ALP - take from those who have used the platform to make a better life for themselves. It's not for ALL. It's for some. Class and age warfare at its greatest.

Beoz

Australia was isolated from the GFC. Labor just screwed it up as they always do.

Sadly your Greens are not much better. However if the ALP get in we might be doing dodgy deals with the Greens so look out death taxes.

the troubadour

More the case being the Coalition is devoid of real policy. There agenda is clear enough. Any bodies business if Morrison can withstand a far right of the party challenge, over time if re elected. Well they do have a policy of sorts, furthering the failed neo liberal agenda and cutting social services ever further. The real age warfare is being derived from Coalition policy obviously combined with class war on both sides, representing different sides of the coin and pure self interest. Nothing of benefit for the nation en mass and parochial politics entrenched. The coalition has for a considerable time been quite successful in making a better life in spades for those who support them, being self entitled, self obsessed , greedy applauders of the cause with little interest in the bigger picture . All gets down to a void of statesmen with vision on all sides. Unlikely to have any in the foreseeable future either, hence entrenched interests will dictate results.

the troubadour

Australia was isolated from the GFC not due to any competence on its part, but as a result of being in the right place at the time as China was expanding its economy. No the real issue will be the Far Right dictating terms in The Senate. Nothing fundamentally wrong with looking into death taxes if done correctly.

The Greens though are a bit of an odd lot. No policy on returning incoming population flows to more normal figures, which in turn means turbo charge population growth in the main cities indefinitely.

Beoz

Do you remember what I previously wrote.

ALP - take from those who have used the platform to make a better life for themselves. It's not for ALL. It's for some.

What you just wrote is the shining emblem of the ALP.

You are the SOME

Take what you can and give nothing in return.

Welcome to the next 3 years. Enjoy.

Beoz

This emphasises the point. The ALP screwed it up.

GarryP

I think its worth noting that surviving the GFC wasn't just leeching off a chinese economy that was doing well, but also some astute moves from the government, and the Australian banking sector being somewhat under control, and separated from the rest of the world. Had the policies and circumstances been different you could still have seen contagion and a bad time for Australia. Certainly will be next time, given the failures to muzzle the banksters by the coalition.

Their policy is focused on sustainability and reducing carbon footprint. Now I think there is some daftness in there, but population into cities is fine with their sustainability goal. As for the net influx levels, again there is nothing specifically wrong with that if you let in the highly educated types, reformat the economy to be able to benefit from them, and cut the average footprint of every individual. Remember, the Greens want the R&D budget to be 4% of GDP, the coalition just 2% - which points to them having a better grasp of economics and how you use your population successfully.

the troubadour

Simply amazing but consistent would be the best that could be said I suppose. Your failing of course is your confusion between parties. The ALP have more a policy of spreading the wealth in order to enhance the common good, while the Coalition reserve theirs for a specific part of the electorate. Most part already Liberal voters, with little concern for the common good but plenty of sense of entitlement and self interest. The results can be seen, I suspect in any major centre across Australia with the growing army of homeless as one example. I know Perth is diabolical at the close of day with the sight of ever larger numbers of dispossessed people seeking shelter in the CBD. Quite probably the result of being 'breached' of their miserly New start benefits, all too often as shown wrongly and forced to fend for themselves. Just an obvious example of the road this dreadful Coalition is taking us and how immune too many people are becoming with the callowness of its government.The disaster doesn't end there of course. Aged Care facilities are too often a disgrace' only in it for the money and self interest.
We desperately need a return to a government of the people, for the people, not ideological interests. I think this election will show if we are to go down the American path entirely or not. One wonders if Bob Hawke would have any chance of succeeding in todays self interested world. Time for change.

Amazulu

Voting done - in the queue at the polling station, the majority had Liberal how to vote cards (I never use one)

Anyway, I got a democracy sausage AND a cupcake - what a great country we live in