Federal Election

[eddie]

Surely now im in Paddos good books???!!!???

My "gut feeling" is that none of us mere mortals will ever receive his approval.

[zac]

random - yes, the australian economy has had long term growth, but was it because of the recession or because of the economic reforms that hawke and keating implemented? would those reforms have been less effective if they'd raised interest rates a bit sooner than they did and achieved a smoother slow down?

[mightyrooster]

Thats because it actually was the recession we had to have.....

http://www.marketeconomics.com.au/24...we-had-to-have



What didn't help was standing up to Kerry Packer. Keating as Treasurer had overseen new media rules that prevented media owners from owning both TV stations and newspapers....which infuriated Packer (he wanted to buy Fairfax print media) who went on a anti-Keating rampage.Anyone remember the 60 Minutes program on Packer’s Nine Network in the late 1990s that falsely alleged Keating had been involved in dodgy dealings during his ownership of a piggery, later sold on to Indonesian interests?? Packers personal attacks on Keating were infamous albeit lacking any truth. Interesting days!!!

Of course in 2007 the Howard government began the unravelling of Paul Keating's cross media regulations. Howard had to pay back the massive push he got to be PM from Packer....even if it was to the detriment of the Australian people.


Surely now im in Paddos good books???!!!???

Yes I do remember all that. And yes if you don’t get a triple like from Paddo for this, you never will .

[mightyrooster]

Oh really? Never heard that!
I am sure they are ruing the day when house were cheap but money was expensive instead of cheap money and expensive houses. Just hope they had superannuation to help them get by

Yes good point. What we are starting to see now with rising prices and projected interest rate rises is something we haven’t seen for a very long time. I just went grocery shopping and paid $5.50 for an iceberg lettuce! Also three plain pies at the local bakery cost $19.50! My house is worth 10 times what I paid for it 25 years ago.

[ism22]

ScoMo in the stands there knocking back tinnies with Gal. Respect to him for doing it for the footy when there's zero political gain in it and his team's getting pumped.

[ism22]

PS - to those still following the election there have been the following updates:

- Greens won Brisbane, so progressives now have a lower-house majority. ALP's predicted to win Macnamara, which would give them an outright majority in the lower house (just to please the bitter Tories who were trying to say it wasn't a valid win... despite the fact the Libs have literally never formed a majority in the lower house, so are always strong-armed by the Nats).

- The senate's likely to be a progressive majority with ALP on 26, Greens on 12 and Pocock on 1. IMO this will be pretty neat as we'll finally get some proper debates going on about issues that matter.

[Andrew Walker]

Thanks for the update

[Random Rooster]

random - yes, the australian economy has had long term growth, but was it because of the recession or because of the economic reforms that hawke and keating implemented? would those reforms have been less effective if they'd raised interest rates a bit sooner than they did and achieved a smoother slow down?

Yes very good point Zac and in hindsight you are probably right....i don't think they would have been less effective if the interest rate was pushed up sooner- but the high interest rate was causing a lot of pain as it was- it would have been a brave move.

You would make a good Australian treasurer! Do you work in the finance field?

[zac]

Yes very good point Zac and in hindsight you are probably right....i don't think they would have been less effective if the interest rate was pushed up sooner- but the high interest rate was causing a lot of pain as it was- it would have been a brave move.

You would make a good Australian treasurer! Do you work in the finance field?

haha, no, not unless driving cabs since 1985 counts?!

the other thing about the seat count is that the independent in fowler is a good chance to be disqualified. don't know what the rules of vietnamese citizenship are but a google search suggests that they're enough to mean that dai le has a problem.

[Random Rooster]

haha, no, not unless driving cabs since 1985 counts?!

Id take real people with real life experience to do the job anyday

[eddie]

haha, no, not unless driving cabs since 1985 counts?!

I was a cabbie in the 90's........................RSL out of Liverpool.

St George drivers were a mean lot.

[zac]

Id take real people with real life experience to do the job anyday

don't think i'm cut out for politics

[zac]

I was a cabbie in the 90's........................RSL out of Liverpool.

St George drivers were a mean lot.

good stuff. i drove for rsl in the late 80s

[ism22]

ALP's now ahead in Gilmore and almost certain to win Macnamara. Greens won Brisbane.

Fairly confident we're looking at a Labor majority which is impressive given the Libs have never had one since Federation.

[zac]

think they had a couple in 75 and 77 ... more common is the coalition winning without winning the two party preferred vote, or indeed, the combined first preference vote, which happened in 54, 61, 69 and 98