Albanese - how long?

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Gough said:
My year 12 Oz History teacher was always on about the wobblys. Would be enough to get him sacked from a flash private school these days.
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They shit me because in the 80s and 90s they hijacked protests purely to have a punch on.

A lot of good causes got smeared with their crap
 

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JBMAN said:
If he had done his homework he would know the answers asked of him. He is a dud.
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I don't accept the premise of this response.
 
Maggie5 said:
Who are these hard working people you refer to? I am thinking of the people I know - widowed mum supporting two teenage children doubt she would have more than $130K in super, currently renting; male friend mid 20's out of his apprentice and can see himself living at home for a few more years; Father a self employed painter with 3 children under 5 wife not working - renting; Couple in the 40's no children but working part time etc etc.

Plenty more scenarios, terrible idea as who is to say if they get a house, when they are ready to sell value would be the same as income on super. Further, who knows what the retirement age will be when they get older?

So many flaws in this. Just another way for the comfortable to get richer.
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The hardworking people that have jobs but are homeless because their rental they've been living in for the past 3, 5 or 10 years or whatever, has been sold?

There are 100 people going to each open for inspections and quietly bidding rental prices up and / or paying 12 months in advance. People with young children are down the pecking order for getting a rental, because kids damage things.

These people have never missed a rent payment but they're just don't have enough extra cash to get that 20% deposit together (not for 10 or 20 years anyway) for a $500,000 first home, which is just over $100,000 for a first home buyer. Not everyone has family to help them out, whether that be with cash for the deposit, to go guarantor for the deposit by putting their home up as collateral or by letting them move in for an extended period rent free until they can put the deposit together.

Maybe a person in a regional area was only a few thousand short of putting that 20% deposit together and then COVID hit, their hours were cut back and local prices surged 50%+.

There's a hundred other scenarios apart from yours.
 
Ned_Flanders said:
They were discussing the policy on NewsRadio this morning.

One journo said they actually have been trying to find people who actually support the policy. So far both economists and even punters are all either questioning its value, or saying its outright useless.
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Outside of NewsRadio a lot of punters like it.

I was listening to early AM yesterday and they were asking young people in western Sydney, each person they asked were in favour of it. Most economists I'm seeing opinions from now are also supporting it. I won't include the obvious vested interests in real estate and builders, nor Laborites who will talk it down just because it's come from the LNP.

Funnily enough, it is the one policy that has swung both my wife and my votes for the election now, we'll vote purely from self interest and nothing less. We're in the market to buy again and we don't want anything that could potentially inflate prices even more (even though this proposal isn't due to kick in until the end of the next financial year), particularly with interest rates kicking up.

Labor it is for both of us despite Albo being an absolute dud. He'll be the figure head, but who's going to be giving him his orders?
 
Herne Hill Hammer said:
Outside of NewsRadio a lot of punters like it.

I was listening to early AM yesterday and they were asking young people in western Sydney, each person they asked were in favour of it. Most economists I'm seeing opinions from now are also supporting it. I won't include the obvious vested interests in real estate and builders, nor Laborites who will talk it down just because it's come from the LNP.

Funnily enough, it is the one policy that has swung both my wife and my votes for the election now, we'll vote purely from self interest and nothing less. We're in the market to buy again and we don't want anything that could potentially inflate prices even more (even though this proposal isn't due to kick in until the end of the next financial year), particularly with interest rates kicking up.

Labor it is for both of us despite Albo being an absolute dud. He'll be the figure head, but who's going to be giving him his orders?
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Economists are not supporting it. There is a reason the liberal cabinet opposed this thing in 2017, it's bad policy.

It raises prices, makes it HARDER, for first home buyers to enter the market, AND it depletes the super funds of those that do.

The only economists supporting it are the ones sky News is finding to validate the Scomo is God position.

Politics aside, this is a policy that does not achieve its intended aim. That's the definition of bad policy
 
Ned_Flanders said:
Economists are not supporting it. There is a reason the liberal cabinet opposed this thing in 2017, it's bad policy.

It raises prices, makes it HARDER, for first home buyers to enter the market, AND it depletes the super funds of those that do.

The only economists supporting it are the ones sky News is finding to validate the Scomo is God position.

Politics aside, this is a policy that does not achieve its intended aim. That's the definition of bad policy
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ok. I'll take your word for it.
 
Ned_Flanders said:
Okay, you tell me how it will not raise property prices, especially for small dwellings.
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I never said it wouldn't raise prices, if you bothered to read my post properly, I said that both my wife and I will be voting Labor because we don't want this policy lifting house prices as we are in the market.

But just because we don't want it, it doesn't mean other won't. We're not arrogant enough to think we know better than everyone else. As i said, every single young person that the ABC's, AM program interviewed about it for yesterdays program liked the idea.
 
Herne Hill Hammer said:
I was listening to early AM yesterday and they were asking young people in western Sydney, each person they asked were in favour of it. Most economists I'm seeing opinions from now are also supporting it. I won't include the obvious vested interests in real estate and builders, nor Laborites who will talk it down just because it's come from the LNP.
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Any economist supporting the policy should hand back their degree.

Unless they are supporting it because they want prices going up.
 

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Johnny Bananas said:
Can someone please tell me why Labor has the Liberal Democrats and Derryn Hinch on their Victorian Senate HTV card, but not the Victorian Socialists, the most pro-worker party in the country?
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Because they have more in common with right winger capitalists than socialists


Ned_Flanders said:
I don't know this mob, but if they are mates of Int Socialists I would not be putting them on my ballot
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They have links to Socialist Alliance and Socialist Alternative
There candidates are a bit of mixed bag depending on where you sit on the left
Ned_Flanders said:
Speaking for myself, reason have gone backwards this election.

Their policies are the kind of stuff you normally expect from a random Indi (and I'm someone who 2 months ago planned to vote 2 for reason - their candidate for Higgins basically talked me out of supporting them)
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Reason are pretty centrist, they've grown by taking on candidates that have pulled them into the middle so they've got some policy conflict

But they're still way better than Hynch or Lib Dems

Lib Dems especially are nazi adjacent ****ers who vote for government authority (when its carcarel) while saying they do the opposite, they made their own doco about marching for freedom which was marching with antivaxxers and nazis and unlike the regular plebs they knew who they were marching with
 
Gralin said:
Because they have more in common with right winger capitalists than socialists



They have links to Socialist Alliance and Socialist Alternative
There candidates are a bit of mixed bag depending on where you sit on the left

Reason are pretty centrist, they've grown by taking on candidates that have pulled them into the middle so they've got some policy conflict

But they're still way better than Hynch or Lib Dems

Lib Dems especially are nazi adjacent duckers who vote for government authority (when its carcarel) while saying they do the opposite, they made their own doco about marching for freedom which was marching with antivaxxers and nazis and unlike the regular plebs they knew who they were marching with
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i had a mate who was actively involved in the former Secular Party, so ive always had sympathies towards reason. This year their candidate for my area talks like a mix of a libertarian and an antivaxxer, so his skew on their policies is obv colouring my perceptions of them.

Its one thing that sucks for minor parties, their people are their marketing - and if you get nutters it kills you (as happened with the Australian Democrats)
 
Ned_Flanders said:
i had a mate who was actively involved in the former Secular Party, so ive always had sympathies towards reason. This year their candidate for my area talks like a mix of a libertarian and an antivaxxer, so his skew on their policies is obv colouring my perceptions of them.

Its one thing that sucks for minor parties, their people are their marketing - and if you get nutters it kills you (as happened with the Australian Democrats)
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On the subject of the Secular Party, their successor Fusion are also not on Labor's Victorian Senate HTV.
 
Johnny Bananas said:
On the subject of the Secular Party, their successor Fusion are also not on Labor's Victorian Senate HTV.
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apparently secular has basically imploded since the rebrand (no idea whats gone on, my mate also bugged out - get the vibe it was a change of leadership, but im just going off the vibe)
 
Hojuman said:
" Labor don't like our housing policy because it takes money out of union controlled superannuation funds."

Scott Morrison.
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They never did like Superannuation. Surprised they don't know super funds also consist of Banks, Insurance Companies. Are they all bad or just the union controlled ones.

Why do they try to putdown things that help all levels of society? They have tried workers rights, Medicare and now Super.
 
Maggie5 said:
They never did like Superannuation. Surprised they don't know super funds also consist of Banks, Insurance Companies. Are they all bad or just the union controlled ones.

Why do they try to putdown things that help all levels of society? They have tried workers rights, Medicare and now Super.
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Well crooks are always after " other " people's money.
 
Maggie5 said:
They never did like Superannuation. Surprised they don't know super funds also consist of Banks, Insurance Companies. Are they all bad or just the union controlled ones.

Why do they try to putdown things that help all levels of society? They have tried workers rights, Medicare and now Super.
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The industry funds they are trying to kill have the lion's share of people who would potentially take advantage of this scheme were it to eventuate.

They would need to change their whole portfolio structure and invest in more higher-liquidity/lower-return assets than they currently do.

Retails funds aren't as much at threat.
 

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Albanese - how long?

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