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Ways to improve the Australian economy... what would YOU do?
Topic Started: 17 Dec 2013, 06:49 PM (3,380 Views)
MMM
Unregistered

Our economy is on the back foot , Mainly caused by the government focus on increased house prices and little else. I guess the main cause is due to our high wages, being the highest in the world I believe. The higher house prices simply take more money out of our pockets which takes more money away from the economy, this massive amount of money in the form of debt is then mainly channeled into the pockets of the big four banks, so four businesses then take the majority of our money for decades on end and hence the insulting ability to pay the likes of Gail Kelly 15 million dollars a year. While the rest of Australia is struggling in a major way , these four businesses continue to post continual record profits in the billions. Our banks make more profit than most around the world yet we have one of the smallest populations in the world.
Something needs to be done about our banking system and the way they rob us all of so much money. All this money is again taken away from the economy and place ed into the pockets of very few.

So the only way to improve our economy right now is to either reduce housing costs and also the costs of living, which would put more money into peoples pockets and more money into the economy.

Another thing that needs to be done is reduce governments employee numbers, reduce government wages and reduce there waste full spending ways, yes I know, easier said than done.And reduce government departments and perhaps privitise some areas to reduce costs through competetition or tender by private enterprises.

So to reduce the cost of housing and stop the billions of wasted taxpayers money through tax con sessions for people claiming losses year after year on property the first thing would be to remove all negative gearingon ALL Residential property , and probably on all other property including commercial. Negative gearing ONLY works with increasing prices, if prices decrease, its a dissater. And negative gearing may become a thing of the past even if the government does not interviene. With prices no longer doubling like they used to, negative gearing will not work.

Deregulate the price of lpg with international markets for domestic use , any leftovers can then be priced at international prices and sold overseas. We don't need petrol, or to be robbed by the government with massive petrol taxes, they only waste our money on crap. The fact is we have enough lpg to run the whole country with, this would also create a huge market around Australia with the installation of lpg tanks to vehicles, cap the price at 30 cents a litre for a couple of years.We actually have enough petrol in our ground to power all of Australian vehicles but our fuel is so good it is exported for aviation fuel, so log it is then.

Stop all immigration until we get things in order.

There are a couple of things to start , I could mention a few more , but will start there for now.

So any more ideas on what we could do to improve our economy, fixing our economy is no easy task and may not even be possible in the current economic climate but we have to start somewhere, seeing as our government seems incapable......
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MMM
Unregistered

Here's a bit on negative gearing.

http://m.smh.com.au/federal-politics/political-news/negative-geared-investors-lose-13-billion-20130430-2irf3.html


http://www.macrobusiness.com.au/2013/10/reia-persists-with-negative-gearing-lies/

OK so we just saved 13 billion for a year from the first article above and made housing more affordable to
somebody who needs it for their family to actually live in

As for immigration , we can save a lot more again, legal migrants cost us enough, illegals more again, according to the article below we are being robbed by these people

http://mobile.news.com.au/national/australia-will-be-paying-70000-for-each-asylum-seeker-that-arrives/story-fncynjr2-1226655532914


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MMM
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Elaborating on the lpg.
We have heard the government jibber shit about reducing our carbon footprint and making Australia a cleaner , greener nation.
But what a croc of shit this comment is. If they were serious , they would adopt the lpg solution, less pollution and a much greener country with far less carbon footprint. But if they did this , they would not be able to rob so many Australians of massive petrol taxes. So do they really want a cleaner , greener country with less carbon footprint .Not if it reduces.there chances of taking more money from you and your family.

Shows how these fwts, are more concerned with robbing you than having a cleaner , greener country .
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MMM
Unregistered

OK., with the money we saved on negative alone we should be able to.build Australia's largest gaol and improve our society while improving the economy at the same time.
Maybe we can get the unemployed to work on the jail alongside contracters and builders. And we will sack thousands of mindless government employees who do nothing and retrain them as prison staff, let's put them to good use for a change .

So where do we put this jail, tassy , what aboit Queensland, WA anybody.

Maybe change the laws , instead of maximum sentences , which are never used , we should have minimum sentences.


So far we have saved billions for the economy and are on the way to improving society.

So nobody has any suggestions at all , no wonder we are going down the drain fast. Everybody just sits back and does nothing.Let's our dictatorship make the decisions that are not the public majority or what the public wants. Is it a democracy or a dictatorship we now live in ?

While I'm here let's also get rid of hippy style government parties funded by the taxpayers, like the marijuana party and sex party and whatever other crap we pay for, like the greenies .

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Ex BP Golly
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Fix up the child welfare system.

Save the community a small fortune.

Step one: get churches out of service provision.

Oh, and also end state aid to church schools.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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themoops
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Ruby Member
MMM
17 Dec 2013, 06:49 PM

There's no nice way to fix the economy.

What are we going to export? What does the world need that isn't already done by someone else for far cheaper and probably better quality than what we could do? :bl:
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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sylvester
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If I was running the country, here is what I would do:

I wouldn't be popular with the vested interests but I would prick the housing bubble by:

1. Cutting right back on immigration to maybe a quarter of what it is now.
2. Go back to foreign investment rules the way they were before Krudd inflated the bubble. And I would set up an FIRB that actually does something.
3. Quarantine negative gearing to losses on income only from property
4. Stop all FHOG.

In addition, I would set up government offices in rural areas and also provide incentives for businesses to move to rural areas.

Imagine this - housing prices would revert to their mean, which is about half the price they are now, and in many cases less than half. And money would be freed up for other things. I know these ideas are radical, and certainly nothing that the present government or previous government would consider, but I know the outcome would be for the betterment of us all.
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Count du Monet
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Quote:
 
Our economy is on the back foot


Economy is a subject, not an object. If you wish to refer to an object, then refer to the Aussie "market place".

First we need an Educated brain!

Quote:
 
Something needs to be done about our banking system and the way they rob us all of so much money. All this money is again taken away from the economy and place ed into the pockets of very few.


Change Australia into a dual currency system. Alongside the fiat currency introduce a legal tender gold coinage with a gazetted rate subject to change. Originally British currency was dual both Sterling and guinea.

Bring back the gold Koala!

Posted Image

Quote:
 

So to reduce the cost of housing and stop the billions of wasted taxpayers money through tax con sessions for people claiming losses year after year on property


The only fair way is too make interest payments a non tax deduction for all business. Singling out buy to let investors is grossly unfair. This will also reduce the power of the banks.

Quote:
 
Deregulate the price of lpg with international markets for domestic use , any leftovers can then be priced at international prices and sold overseas. We don't need petrol, or to be robbed by the government with massive petrol taxes, they only waste our money on crap.


It would a wise move to have most of our private car fleet on LPG, this reduces toxic emissions to third for starters. But we've gone from supply 80% of our petrol to less than 50% and it is getting worse.

Quote:
 
Stop all immigration until we get things in order.


I'd reduce the quota on immigrants greatly. Personally I'm not against foreigners as long as they integrate into our culture or at least respect it.





Edited by Count du Monet, 18 Dec 2013, 12:49 PM.
The next trick of our glorious banks will be to charge us a fee for using net bank!!!
You are no longer customer, you are property!!!

Don't be SAUCY with me Bernaisse
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mel
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Count du Monet
18 Dec 2013, 12:41 PM
I'd reduce the quota on immigrants greatly. Personally I'm not against foreigners as long as they integrate into our culture or at least respect it.





I think the law should be that immigrants who commit a serious/violent offense within 2 years of citizenship get deported. This would go a long way toward getting rid of the 'shit' while giving incentive to others who are borderline to change their ways.
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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MMM
Unregistered

Ex BP Golly
18 Dec 2013, 11:57 AM
Fix up the child welfare system.

Save the community a small fortune.

Step one: get churches out of service provision.

Oh, and also end state aid to church schools.
Child welfare, that a tricky one , but I like your style.

Would legalizing dope help. The druggy mums would then have more to spend on the kids instead of drugs, and if they get that for nothing they may not take other shit or prescription prozac or whatever that is also funded by the government. Dope.could be controlled by the government , would put more money I'm government hands than the dope dealers, and stop dope related crime , and put more money in everybodies pockets but the drug dealers, gotta be a win for the economy and alzo society. I noticed uraquay is legalising dope next year, see link below

http://www.theweek.co.uk/americas/55686/joint-decision-uruguay-sell-marijuana-1-gram

Not sure about ending funding for church schools. While I am not really a godly person, kids still need to learn, I would take from others before taking from kids who need to be educated
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