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Result Called - Decisive Liberal Victory
Topic Started: 7 Sep 2013, 02:54 PM (9,611 Views)
themoops
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Blondie girl
8 Sep 2013, 12:54 PM
As for me ...well when it's my time to die, I'll certainly be on a mission to spit out a few chosen words to that bastard called god...otherwise I'll just be good fertillizer I suppose...


It seems I have sinned, I am hungover...
Ta ta
Bears won't need to do that. They'll be more like "fuck you dislikeable person send me to heaven bitch I've earned it".
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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Shadow
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Evil Mouzealot Specufestor

Dr Kinetoscope
8 Sep 2013, 10:18 AM
The greatest housing boom in Australian History did commence during the Howard era - but Shadow, Strindberg and a host of other bulls on this site claim prices have merely tracked average incomes over the same period.

Which one is it property investors? Was it the greatest boom in Australian History or not?

Those two viewpoints cannot co-exist.
Incorrect. You have gotten yourself confused over two different time periods, mistakenly believing them to be the same.

The Howard-era boom ended a decade ago, in 2003. Since then, national house prices have tracked incomes.
Edited by Shadow, 8 Sep 2013, 07:02 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Kulganis
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The Liberal party may have trouble getting anything done in this government if predictions pan out in the senate...

Quote:
 
Senate looms as an obstacle to Tony Abbott

An extraordinary mix of minor party senators appears set to be a fly in the ointment for the victorious Coalition despite the new government securing a solid lower house majority.

Instead of Labor and the Greens being able to form a blocking majority, the Abbott government must deal with the uncertainty of minor party senators, including one or perhaps two from the insurgent Palmer United Party, South Australian Nick Xenophon and an allied candidate, and potentially a Motoring Enthusiast Party senator from Victoria.

Results are highly provisional, with less than half the upper house vote counted and counting at an early stage in Western Australia, but the new Parliament would seem unlikely to be entirely free of the uncertainty that dogged the minority Labor government in the last.

Pre-election simulations had suggested the Coalition was likely to fall well short of a Senate majority. The swing to the Coalition in early counting was clearly too weak to change that prediction, with the Palmer United Party claiming much of a stronger swing against Labor. The new party appeared strongly placed in early counting to snare Senate seats in Queensland, with a double-digit primary vote, and more surprisingly in Tasmania.

The strength of the swing to the Coalition in Tasmania also increases the government's chances of snaring a third Senate seat, to Labor's two, with the Greens facing the Palmer insurgency for the sixth Senate spot.

Anxiety was high for the Coalition in NSW, where Arthur Sinodinos, who could be a senior figure in the new government, was in a life-and-death struggle with One Nation's Pauline Hanson for the state's sixth seat. Despite a primary vote of only 1.25 per cent, a very strong preference flow appeared likely to get Ms Hanson across the line, although three-quarters of the vote remained to be counted last night.

Across the nation, only about a dozen Senate seats are in play, with half of these likely to be determined by a labyrinthine flow of preferences among a record number of minor party candidates.

On pre-election polling figures, simulations had shown the Greens could win six Senate seats, taking their total to 12, but the early counting was discouraging for the party, which suffered swings against it.

In most states, Labor hopes not to drop into the danger zone well below the two-quota mark - the danger is greatest in the west.
In South Australia, the Greens' Sarah Hanson-Young was struggling to keep her head above water in a fight to retain the sixth seat, which looked set to become a minor party raffle.

The territories' seats have historically been evenly shared by the major parties, but if their candidates fall below a quota, the door opens for the Greens at the Coalition's expense in the ACT and an ex-Labor independent who could oust the ALP in the North Territory. Both major parties were hovering in the danger zone.


Read more: http://www.smh.com.au/federal-politics/federal-election-2013/senate-looms-as-an-obstacle-to-tony-abbott-20130907-2tcqu.html#ixzz2eHqfOwKk
Edited by Kulganis, 8 Sep 2013, 07:28 PM.
"If man is to survive, he will have learned to take a delight in the essential differences between men and between cultures. He will learn that differences in ideas and attitudes are a delight, part of life's exciting variety, not something to fear." - Gene Roddenberry

"Balloon animals are a great way to teach children that the things they love dearly, may spontaneously explode" -- Lee Camp
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peter fraser
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barns
8 Sep 2013, 09:53 AM
Degrees in economics aren't much good for understanding modern economies and markets (I know, I have one). The only way to gain true knowledge is to be a practioneer (and I'm not confident that being a politician is sufficient practice).
That's true, but I'm an optimist. One part of me tends to expect that with solid education it would give him an understanding and a basic knowledge that will allow him to appreciate what treasury is telling him even if it broke new ground for him, on the other hand he could believe that he is the "suppository' of all knowledge and not take new thinking on-board, but he strikes me as more rounded than that.

I know that he had discussions with Bill Mitchell in 2002 on MMT and the jobs guarantee, and last night Peter Costello joked that Abbott was never a budget cutter, he was a spender.

So although I expect a media circus with many budget cuts touted, I think the reality might be more reasoned, or perhaps the beneficiaries of the spending will change. I just don't think it will be the slash and burn that I expected in the early stages of the election campaign.
Any expressed market opinion is my own and is not to be taken as financial advice
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Kulganis
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I don't know if I should post this here, but oh well, I'm sure Alex will put me right if I'm wrong...

Posted Image

It tickled my funny bone.
"If man is to survive, he will have learned to take a delight in the essential differences between men and between cultures. He will learn that differences in ideas and attitudes are a delight, part of life's exciting variety, not something to fear." - Gene Roddenberry

"Balloon animals are a great way to teach children that the things they love dearly, may spontaneously explode" -- Lee Camp
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mel
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themoops
8 Sep 2013, 06:39 PM
dislikeable person send me to heaven bitch I've earned it".
i often reflect on that for a number of reasons moops - the punchline is that we are all going to the same place at the end of the day
Edited by mel, 8 Sep 2013, 08:27 PM.
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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According to Robb we are on the verge of rebooting the mining boom!

Clearly, that horse is going to get a good whipping.

I get the feeling they may even try to reboot the housing asset price boom – the Howard-Costello memorial economic strategy.

We may well find out how high household debt can go!

But then Robb often sounds like he missed a few memos.

Will the ALP see the opportunity or will they do nothing (and sullenly acquiesce to hopeless short termism).
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themoops
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mel
8 Sep 2013, 08:23 PM
i often reflect on that for a number of reasons moops - the punchline is that we are all going to the same place at the end of the day
I dunno it's hard to tell isn't it. Some people are bad people, but whether or not they are intentionally bad or something is just wrong with their brains, or they just had some bad shit happen to them, it's hard to tell.
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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Black Panther
7 Sep 2013, 11:18 PM
peter fraser
7 Sep 2013, 11:07 PM
That's not really true. Howard brought in GST which added 10% to the value of all housing and it brought forward a lot of demand, and then he introduced the FHOG.

I wouldn't call that the free market at work.
Australia is under new management and is now open for business.

:oo:
Australia is bankrupt and soon we are going to told "life wasn't meant to be easy". A simple change of government can't change the path we have gone down.
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peter fraser
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8 Sep 2013, 08:50 PM
Australia is bankrupt and soon we are going to told "life wasn't meant to be easy". A simple change of government can't change the path we have gone down.
That's just not correct. Where do people get this stuff from?
Any expressed market opinion is my own and is not to be taken as financial advice
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