Free money!
Submitted by tailor marc on Tue, 2009-02-03 11:28
Did anyone else hear about the latest 'stimulus' package we should be getting?
950 bucks will go a long way for me. Whats everyones thoughts on this?
Time to buy that good real you have had your eye on for a while!!!!
http://www.news.com.au/business/story/0,27753,25001488-462,00.html
____________________________________________________________________________
My photography pictures... http://westernhorizonsmedia.wordpress.com/
hlokk
Posts: 4293
Date Joined: 04/04/08
They should give it to the
They should give it to the middle and higher income earners: i.e. then it'll be the disposable income needed for the economy
So what reel are you getting marc?
--------------
Always interested in someone to go fishing with
tailor marc
Posts: 2979
Date Joined: 27/09/06
I now acually have all the
I now acually have all the tackle i need. I just bought a vy ss. Time for loud exaust :)
My photography pictures... http://westernhorizonsmedia.wordpress.com/
tommytomato
Posts: 415
Date Joined: 25/07/05
I'm on a low income earner,
I'm on a low income earner, probley wont see it either
TT ( karl )
hlokk
Posts: 4293
Date Joined: 04/04/08
You should Karl, unless 100k
You should Karl, unless 100k is low :p.
Heres an official site: http://www.pm.gov.au/media/Release/2009/media_release_0778.cfm
If you paid tax in the 2007-2008 financial year and earned the following:
The bonus is subject to an income threshold test which determines that a:
--------------
Always interested in someone to go fishing with
tommytomato
Posts: 415
Date Joined: 25/07/05
Wont the Mrs get the $$$$,
Wont the Mrs get the $$$$, she earns the $$$ in the house so far, since I've my illness, we always tell Center Link her earnings and I never really get a payment, I think I've had two payments in 16 weeks, since OCT last year.
TT ( karl )
Colin Hay
Posts: 10407
Date Joined: 23/10/07
I think the money they are going to give to people to spend on
ceiling insulation should go straight to the local tackle shop to be spent on more "Bling"
(Colin 1 - Co-founding member of the prestigious Colin Club)
Moderator. Proud member of the Fishwrecked "Old Farts". Make sure your subscribed to Fishwrecked Reeltime http://fishwrecked-reeltime.com/
hlokk
Posts: 4293
Date Joined: 04/04/08
Might need some insulation
Might need some insulation if you have a SO who isnt so rapt on you getting some more bling....
--------------
Always interested in someone to go fishing with
Andy Mac
Posts: 4778
Date Joined: 03/02/06
Apart from the Bling purchases
Cheers
Cheers
Andy Mac (Fishwrecked Reeltime Editor & Forum Moderator)
Youngest member of the Fishwrecked Old Farts Club
hlokk
Posts: 4293
Date Joined: 04/04/08
Considering how much house
Considering how much house prices went up the last few years, I think a few years ago would have been the best time
Andy, can I get a loan to build a time machine?
--------------
Always interested in someone to go fishing with
Colin Hay
Posts: 10407
Date Joined: 23/10/07
Good to hear that there is interest in the market Andy
I think WA should be okay with all this. There are still about $100 billion in new gas projects that are either underway or will be announced for construction start-up in the next 6 to 12 months.
(Colin 1 - Co-founding member of the prestigious Colin Club)
Moderator. Proud member of the Fishwrecked "Old Farts". Make sure your subscribed to Fishwrecked Reeltime http://fishwrecked-reeltime.com/
GrahamM
Posts: 648
Date Joined: 19/01/09
COOL im off to bali for a
COOL im off to bali for a diving trip in april first boys trip without the wife and kids this will give me some spending money as i dont have any yet.
Mick.C
Posts: 184
Date Joined: 09/08/08
I'll get nothing as usual.
I'll get nothing as usual. Never got the first homebuyers either. I guess its my own fault for being motivated.
big john
Posts: 8790
Date Joined: 20/07/06
Fair call
Yep, fair call that one Mick C.
John
I head a little FURTHER NORTH each year,
Leave the cities behind, out of sight of mind,
.......
WA based manufacturer and supplier of premium leadhead jigs, fligs, bucktail jigs, 'bulletproof' soft plastic jig heads and XOS bullet jig heads.
Jigs available online in my web store!
diff
Posts: 113
Date Joined: 03/04/08
my thought on this is why
my thought on this is why would you give 300 $to someone who makes $100000 whats $300 to them, pump it back into low income earners someone who makes 30,000 - 50,000 or less this goverment going to drive us right were he wants us and then charge us more tax to pay the money back boat rego up car rego up tax up electricty up water up phone up etc etc good on you crudd
diff captjack
Mick.C
Posts: 184
Date Joined: 09/08/08
If you are a one income
If you are a one income family on just over 100k you get 950 for your missus. You pay approx 35k in tax and get no concessions from the gov at all. You probably also work a lot more than 36hrs.
If you and your missus both work and both get 70k each, You pay approx 25k in tax combined, earn 140k combined income and recieve 1900 bucks.
If you live in the pilbara and earn 100k, You have to pay upwards of 1200/week rent or pay 800k for a 45yr old house. You pay 150/ltr for fuel (was 200/lt not long ago). It cost you $100 to go see the doctor, 300/week per child for daycare if you can even get them into one, it costs you minimum 400/week for food, you electricity bill will be around a thousand for the quarter over summer and you get your 35k tax bill as well. No hand out from the gov because you are a high income earner.
Yeh we are rich.
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
Child Support will get Mine
Due to a miscalcualtion by our beloved tax dept I have some money I owe my ex. Seeing as every tax return over the last 15 years has been intercepted by the CSA I can only assume that these bumbling nazis will just take my $950.00 and send it to the cow down the road, along with her cheque for whatever and for each child. Look's like she will be heading to Bali again soon. #2#*#@
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
tommytomato
Posts: 415
Date Joined: 25/07/05
here here, We have a that
here here, We have a that problem too, money owning because the Mrs forget to declare her fuel and tea time pay.LOL
So why did I cop the bill, because I'm the one on New Start getting no money at all, and she's on the family pension ( 4 kids ) and get $$$ after declaring her money to Center Link makes you wonder hey.
I wonder if I'll get any at all
TT ( karl )
out wide
Posts: 1535
Date Joined: 30/12/08
free money
Hello all you recipients of my money. Because i get bugger all. Hope you enjoy it and Mr k rudd [krud] you can go and get *&*&^% . Boy is this country in the manure with this mob running it. Anyhow hope ya all have a good day.
jay_burgess
Posts: 4648
Date Joined: 18/08/05
lol the current economic
lol the current economic situation has nothing to with how the current government is running things.
Dreamweaver
Posts: 4688
Date Joined: 01/12/07
Bang on Jay
The current WORLD financial crisis has nothing to do with any Australian government or policy - current or passed.
Thing is, I think the current situation on such a scale and impact, is virtually un precedented - unless you go back to the Great Depression and no one seems to have the defintive answer as to the fix - certainly not anything other than a long term one anyway.
I applaud Obama for the exex caps on assisted countries - some of those salaries are obscene. Certainly our Telstra CEO doesn't diserve his salary, and there are many others.
No shot at you Marc, but unfortunately, I don;t see it as 'free' money - the hand out (if it ever happens!) comes at a great cost with a LOT of people joining the unemployment ranks and facing other hardships.
IF I get what's promised, we'll be putting it against our mortgage.
Colin Molloy
RECFISHWEST Member
(Colin 2 - Co-founding member of the prestigious Colin Club)
Soon to be de "dreamweaver" ed!
NOHA
Posts: 914
Date Joined: 24/06/07
Interest rate cuts have more
Interest rate cuts have more of an impact to me. I dont see any of the free money but since rates have turned arround Im saving over a grand a month..
.
.
No Orange Hats Allowed
V8 twin turbo diesel....Ohh what a feeling!
Twin turbo..V8 diesel..Ohh what a feeling!!
No Orange Hats Allowed
Matt T
Posts: 875
Date Joined: 19/11/07
Might not happen now
http://news.ninemsn.com.au/national/740274/opposition-may-block-42b-stimulus-plan
out wide
Posts: 1535
Date Joined: 30/12/08
Free money
Yeah true Jay, but its just that im a bit older than you and i well remember the last time they were in and this sort of thing happend, the shit we were all in when the dust settled. About $9600000000 worth and that was back in 87 or around abouts. Your good with figures Jay whats that equate to in today money. Boy are we in trouble or what.
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
Errant Businesses - not the Gov't
This whole situation is a result of business at its worst. Rich fat pigs cashing in on a time of boom with no regard what so ever about the rest of the world and what the future might bring. Risk management is about covering their own asses and protecting their bonuses. It's every government in the world now that is forced to prop up the economy. Where are the rich fat pigs now??? Of course everyone will blame KRudd. Perhaps Jonnie Howard and his mate George W Bush should have seen this coming. George can blame Obama and Bin Laden. Everyone in Australia will blame the KRudd.
I see just today that BHP have admitted that it wasn't the best decision they ever made to open Ravensthorpe. Who suffers here? The workers and their families.
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
saltatrix
Posts: 1081
Date Joined: 30/03/08
A. Is that money to be added
A. Is that money to be added to your taxable income?
B. How much of that money is returned as GST?
C. How much of that money is returned as income tax?
10%GST of 42 billion =
I get that $300 and possibly pay $100 income tax and 10%GST
Ok so I dont get taxed on it.
I give it to the tackleshop $300 = $30GST and the tackleshop owner pays $100 income tax
The tackleshop owner gives the $150 distributor who pays $15GST and $50 tax
The distributor buys a pool chemicals with his $85 who pays $8.50 GST and $30 income tax.
People stayed employed still paying tax. More tax without a drop in revenue.
How much does the government get each time in return each time it hands it out?
An example with poor stats but it might be the tax returned to the govt is
$130 + $65 + $38.50 = $233.50 tax returns to government
Chaaaaaa Ching!
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
saltatrix
Posts: 1081
Date Joined: 30/03/08
Johnny doesnt fish so he
Johnny doesnt fish so he spends it on petrol and Alcopops
Chaaaaaaaaaaaaa ching ching!
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
Stevef
Posts: 478
Date Joined: 27/02/08
Vince, we should be looking
Vince, we should be looking a bit further back than 9/11. Slick Willy Clinton pressed the button for the "sub prime" crisis with the provision of loans to "undeserving" recepients for home loans in the USA through Freddie Mac & Fannie Mae who are both Government controlled "public" companies.
When I say "underserving" I mean that the loan recipient would not meet any normal lending standards. This results in many mortgages being written that have little chance of being conducted in a normal way, which in turn leads to a heap of mortage fire sales (in the USA you can give up a mortgaged propoerty and then be free of the debt whether the property covers the debt or not. In Australia you are still liable for the debt, even after the property is gone).
Simple supply and demand leads to falling property prices and then institutions call in loans to cover their liabilities as their asset (e.g. mortgaged properties) values decline.
All a very rational consequence of a Governmnet sticking its nose into business to gain a few votes.
Very Rudd like
Steve
roberta
Posts: 2773
Date Joined: 08/07/08
Couldn't agree more Vince
SPEWIE LEWIE
Cockburn Power Boat Member
Ginger Tablets Rock
Reefmonkey
Posts: 711
Date Joined: 22/09/08
Fishin trip!
Mine is goin straight to the west australian tourism industry! it'll help out alot wen me and the girlfriend head north in may were spending 5 weeks driving to broome and back stopping everywhere time alows on the way
Dave J.
Mick.C
Posts: 184
Date Joined: 09/08/08
The tackleshop owner will
The tackleshop owner will claim his gst back at the end of the quarter mate.
saltatrix
Posts: 1081
Date Joined: 30/03/08
The tackleshop owner will
The tackleshop owner will claim his gst back at the end of the quarter mate
The tackleshop owner only claims the GST on his business expenses.
But Dave who might of got sacked last week and there maybe 40000 daves in the country who would have been retrenched still have the privilage of paying tax.
Chaaaaaa Ching!!!
They do not have the stress of running a tackleshop so they claim no GST back.
They get $300 too.
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
Mick.C
Posts: 184
Date Joined: 09/08/08
mate if you buy stock it is
mate if you buy stock it is a business expense.
saltatrix
Posts: 1081
Date Joined: 30/03/08
mate if you buy stock it is
mate if you buy stock it is a business expense.
So who pays the GST on lures?
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
Mick.C
Posts: 184
Date Joined: 09/08/08
you do when you buy it as
you do when you buy it as the consumer
till
Posts: 9358
Date Joined: 21/02/08
Technically stock isn't
Technically stock isn't expensable. In fact the change in value of stock = profit according to the taxman and dependant on your business structure.
Colin Hay
Posts: 10407
Date Joined: 23/10/07
I think they should build a massive FAD behind Rottnest
With the money they want to spend on infrastructure.
It could double as a floating hotel.
(Colin 1 - Co-founding member of the prestigious Colin Club)
Moderator. Proud member of the Fishwrecked "Old Farts". Make sure your subscribed to Fishwrecked Reeltime http://fishwrecked-reeltime.com/
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
I Can't Swin that far!!!!
Fuggin infrastructure for boaties; No way LOL. Boat ramps OK. the rest is up to you, the boat and the extent of your wallet...
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
Gang Plank
OK so by now you are asking me to walk.. LOL.... Let's spend a bit and erect some gang planks about 10 meters apart and 2 meters above along some of my favourite beach reef structures? Oh, and we want night lights...LOL
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
Mick.C
Posts: 184
Date Joined: 09/08/08
That would come under
That would come under infrastructure.
Colin Hay
Posts: 10407
Date Joined: 23/10/07
That's the beauty of making it a floating hotel Vince
We won't need a boat. The hotel acts as a FAD and you fish from the hotel grounds (or my ultimate dream)- from your hotel room balcony while habing a bbq and watching the cricket on a widescreen TV.
(Colin 1 - Co-founding member of the prestigious Colin Club)
Moderator. Proud member of the Fishwrecked "Old Farts". Make sure your subscribed to Fishwrecked Reeltime http://fishwrecked-reeltime.com/
PilbaraBrad
Posts: 3628
Date Joined: 16/05/07
I dont get a single cent!
I dont get a single cent!
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
Start Selling Fish...
Yeh, so I ma jealous..LOL If I could only post so many great shots...
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
saltatrix
Posts: 1081
Date Joined: 30/03/08
you do when you buy it as
At the end of it people who spend money on petrol pay approx 30 cents in fuel tax.
They may spend it on alcohol tax, they may spend it on cigarettes
So we are from exact here but people get the picture.
Well actually I am far from exact but through several transactions the money returns to government at an amount quite high on the scale.
People stay employed and its win win.
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
Mick.C
Posts: 184
Date Joined: 09/08/08
the shop owner at the end of
the shop owner at the end of each quarter.
saltatrix
Posts: 1081
Date Joined: 30/03/08
Technically stock isn't
Technically stock isn't expensable. In fact the change in value of stock = profit according to the taxman and dependant on your business structure.
Actually this is correct and so is Mick. The end Retailer accounts for the 10% of the amount he paid for the stock and takes the GST he gave the Wholesaler off the the GST he sends off.
The wholesaler sends off his GST though well the retailers GST.
So if the retailer had paid $150 for the stock he would deduct x.1 GST and takes it for the product he eg sold for $300exGST $30GST,
I love GST its simplified everything so well unless you selling pizza rolls.
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
till
Posts: 9358
Date Joined: 21/02/08
Hrm depends on your
Hrm depends on your industry. I used to work for an exempt industry and GST really sucks balls there. My suppliers charges it and has to account for it, I have to account for it and charge it, my customer has to as well.
Although we all get all of it back from the govt we don't get a refund for time wasted accounting for a tax that no one actually pays.
out wide
Posts: 1535
Date Joined: 30/12/08
free money
If a goverment spends more money than taxes coming in....same with us if we spend more than we earn.... thats called going broke..... if the gov keeps spending like pissed sailors..... then we are f&$#@$... I think thats how it works ... simple really
saltatrix
Posts: 1081
Date Joined: 30/03/08
free money
The reason it gave money away was job loss prevention. If the job losses start to occur it can compound. If it does, the govt goes into deficit anyrate.
Its why people were told to slow their spending like pissed sailors ages ago.
Now that people are tight as fishes asses the govt needs to spend like pissed sailors before the momentum falls.
The government isnt ever out of a job. A million extra people on the dole sucks the living preverbial out of their bank account well, our govt bank account.
They have a deficit credit card and you pay the bill.
This is why they want you to blow the money. So it returns to them asap. If you bank it, well.
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
I agree.
Go back some months when inflation was on the way up because people were spending and the retailers pushed all the prices up. The Reserve Bank upped interest rates to stop people spending and now look what's happened. Businesses can't sell anything because there is no money to buy stuff. So, down go the rates again and we pump shit loads into the system to help business keep going and to avoid the inevitable layoffs. The reality is that businesses don't plan for such spikes. They just lay off and wait.
The beneficiaries of good times are generally the self-funded retirees who pray on stocks to get by. It doesn't matter how you look at it really, in hard times everyone suffers, in good times business booms, investors get rich but the working class still struggle.
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
kane
Posts: 1752
Date Joined: 07/12/08
How is it supposed to help?
Ive been overseas working for the past month so Im not fully up with this but I think I have the jist...
They give everyone in the country say 800 dollars on average, every body goes out and has a fat time for a day, buy a new something, go out for tea, get the car fixed, whatever.....
So for one week all this money is being spent yay!
What about the following weeks, months year? It seems like a total idiotic waste of time, but hey if theyre gonna give me some cash ill take it, but as far as stimulating the economy to stop a recession or stop aus falling into the global economic crisis?
That is simply rediculous - a 5 year old would know better!
Goooooone Fishin!
Gooooone Fishin!
saltatrix
Posts: 1081
Date Joined: 30/03/08
What about the following
What about the following weeks, months year? It seems like a total idiotic waste of time, but hey if theyre gonna give me some cash ill take it, but as far as stimulating the economy to stop a recession or stop aus falling into the global economic crisis?
Its all designed to stop the near dip. Once people are retrenched eg:say 40000 it takes and costs a lot to build momentum. An attempt to flatten out the economy and keep it going.
I am with you though some of the way, prior to 10 years ago there was a decade of total flatness with little growth. Deregulation of employment was designed to get it going. The economy was further fuelled by equity. Equity in some cases that was driven by rising house prices that may not be there again as the market flattens. That boat and car isnt worth what it was 5 years ago.
Fortunately Australia was a little more regulated so hasnt suffered the same as the US.
However the US has impacted China and China will go on and slowly lose steam till it is supporting its own economy without the commerce/produce sales to the US and other countries. That is some saving grace.
Its not all doom and gloom. The first home market has been kickstarted and other mines are taking on staff.
It would be interesting to see how much credit card debt Australia has.
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
Tony Halliday
Posts: 2500
Date Joined: 14/06/07
hell go back 2000 years to
hell go back 2000 years to the good-book and you get:
Give a man a fish and he is fed today, but starves tomorrow...
Give a man a net and teach him to fish and he is fed for life...!!!
All Rudd is doing is giving you one serving of gruel today, but tomorrow you will still be hungry.
They should have taken the whole $50Billion they will have spent by then, and applied it to massive projects to keep thousands in jobs, not one off pay-outs and small scale sand castles ....
We should be building a rail line from Leonora to Broome, to open up the north to cheaper rail fair and more travel by train. Why can't we have a "Gahn" from Esperance to Broome, it would be a massive winner. Oh and a double line is the only way to go. Economies of scale are built on rail and not on trucks.... look at China, USA and Europe!!! it's easier to subsidize rail costs, when diesel is going through the roof again.
Secondly we need cheap power and more cheaper water.!!!!
six years ago a mine worked on 9c per kilowatt hour, now a new plant is close to 18c per kilowatt hour. To land Sulfur for mining refinery to leach nickel, copper, uranium etc.. you looking at $80 a ton to buy and get the sulfur to our ports, then over $200 a ton to get it past Kalgoorlie!!!! how the @#$% :x can that be???? most mines will be closing not just because of high labor costs, but spiraling transport, water and power costs, killing the costs of utilities and chemicals.!!! FACT.
China is keeping many industries alive by subsidizing rail, water and power, that equals jobs ....
So KRudd the leader.... where is the next $50billion coming from with a shrinking mining and export of raw resources???
When does Australia join the first world and manufacture goods an keep wealth and forex in the country,instead of having to buy everything from kettles to steel rails form the rest of the world ( mainly China!!)
Marx was right, excesses of social welfare and handouts lead to a communism state stance, with more on the dole and less on the tools!!!
JMO
Tony
Full-time piscatorial-idiot, in The Vines. "It is always in season for old men to learn." Aeschylus (525-456 BC) Greek poet.
Supporter of Meals on Reels & The Wally Weight
Tony Halliday: ~Meals on Reels ~
It takes a strong fish to swim against the current. Even a dead one can float with it
"It is always in season for old men to learn." Aeschylus (525-456 BC)
"In a mad world only the mad are sane." Akira Kurosawa (1910-1998)
hlokk
Posts: 4293
Date Joined: 04/04/08
That quote is not from the
That quote is not from the 'good book'. Lots quote it from Laozi, who lived more than 2000 years ago though.
The point of the package is not akin to serving gruel one day, but being hungry the next. The purpose of the short term injection is to mitigate downward trends, which will then correct themselves due to market forces. If you can stop recession for a short period of time, it can continue on. So, its more akin to giving one serving of gruel so that person can then be prepared to go out and do some grocery shopping the next day, or perhaps make it to a job interview. At least thats the point of it. Hence why it is called a stimulus. A stick cant break down a fence, but if you prod a bull it can ;)
Also, dont forget, handouts are one part of the package (about 30%). Theres more money to be invested in school infrastructue and maintenance, trade training centers, housing, regional road fixes, deductions on business equipment purchases (encouraging purchases) and and insulation and solar rebates (rebates are only a small part of the cost, injecting extra cash, not to mention workmen are required).
Cheap power and water would be nice, but its not that simple. Some would argue that water is too cheap allready (look at it being wasted). You say its not due to increased labour costs, but transport, water and power costs? Labour costs are built into those. Not to mention they are effected by supply and demand, which is not something you can magically fix (unless you increase supply or reduce demand somehow).
Australia wont manufacture goods due to the high costs of labour here. It is not economical to manufacture here paying a factory worker 10 times what you could in another country. Unless you think $500 kettles is the way forward ;)
(btw, countries with predominant manufacturing are second world countries. First would countries are predominantly agricultural)
Edit: Also, Tony, from the last tax bracket creep you would have saved some money on tax (depending on the specifics, it might have even been more than the handout)
--------------
Always interested in someone to go fishing with
Tony Halliday
Posts: 2500
Date Joined: 14/06/07
oh well Laozi
oh well Laozi did right his own good book...lol.
Well off to start my kettle factory...
ps I think you getting your 3rd world confused with your first world!!!... As nether the USA, UK, Germany, France, Japan etc are agricultural based economies...
Tony
Full-time piscatorial-idiot, in The Vines. "It is always in season for old men to learn." Aeschylus (525-456 BC) Greek poet.
Supporter of Meals on Reels & The Wally Weight
Tony Halliday: ~Meals on Reels ~
It takes a strong fish to swim against the current. Even a dead one can float with it
"It is always in season for old men to learn." Aeschylus (525-456 BC)
"In a mad world only the mad are sane." Akira Kurosawa (1910-1998)
Tony Halliday
Posts: 2500
Date Joined: 14/06/07
now tell this is fair!!!!
19 of our staff got the chop last Friday.
Most where over the $100K threshold mark, so they will not get any relief or the bulk of the pay-outs, as they won't qualify, cause it's based on last years salary tax info.
So if you now unemployed, but got over $100k last year, the you won't get the $950, if you where over $150k and now unemployed then you don't get the family and kids benefits either!!! So a chap that worked with us, where he and his Mrs both are now out of work, due to BHP chopping her as well, they basically buggered!!! with them not getting over $4000 that other will get and no chance of an engineering job for rest of the year.
ps you try and get a job with an engineering qualification, even at Meyers or at Coles, they quick to tell you that you over qualified and not suitable!!!!
And yes, I was one of the 19 as well!!!! so I'm just as stuffed as my staff are!!! and I will get a big fat ZERO
$0 in the hand out!!!!
Tony
Full-time piscatorial-idiot, in The Vines. "It is always in season for old men to learn." Aeschylus (525-456 BC) Greek poet.
Supporter of Meals on Reels & The Wally Weight
Tony Halliday: ~Meals on Reels ~
It takes a strong fish to swim against the current. Even a dead one can float with it
"It is always in season for old men to learn." Aeschylus (525-456 BC)
"In a mad world only the mad are sane." Akira Kurosawa (1910-1998)
7739ian
Posts: 948
Date Joined: 25/06/08
Thats tough
Tony - isn't there some statute that gives the right to some sort of redundancy package? I must say i've been nervous - my employer came and saw me this morning - the second time in 3 years and i was honestly packing it. All good for the next 3 months or so but no guarantees. It is a lousy situation, i have 8 staff and they are all nervous as well. Not much going in the development field where we work so i have 3 guys in Kununurra as this is where the only decent job we have won for the last 3 months is. Good luck mate.
saltatrix
Posts: 1081
Date Joined: 30/03/08
you try and get a job with
you try and get a job with an engineering qualification, even at Meyers or at Coles, they quick to tell you that you over qualified and not suitable!!!!
Theres still plenty engineering jobs going Tony. On that kind of meny hopefully theres some money saved for this type of event?
Is there redundancy payout with the predicament?
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
saltatrix
Posts: 1081
Date Joined: 30/03/08
Australia wont manufacture
Australia wont manufacture goods due to the high costs of labour here. It is not economical to manufacture here paying a factory worker 10 times what you could in another country. Unless you think $500 kettles is the way forward ;)
(btw, countries with predominant manufacturing are second world countries. First would countries are predominantly agricultural)
Kettles, probably. There is some sectors where technology assists in competing manufacture of goods.
Its a culture of outsource that is driven by some numbnut bean counter who looks at the hourly labour rate and not productivity or quality.
If you think labour is expensive in Australia you need to get your driveway concreted in Japan.
Japan still manufactures products and its reputation has seen many of Australians pay more rather than less for the cheaper rubbish.
One good example of Australia is boats which have been sold to the world.
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
Tony Halliday
Posts: 2500
Date Joined: 14/06/07
don't be fooled
don't be fooled, very little jobs being filled. Even though over 300 positions on seek advertised, less than 5% are being filled, with the majority now frozen. TRUST ME, I have been pounding the pavements for the last few weeks.Only some Oil & Gas roles going, but as for mining Process ~Chemical Engineers.... nothing happening with Raventhorp and other mines dumping loads of bad-cold-water on the industry. 90% of all mining engineering projects are now either canceled or on hold for years. Glough, Batemans, Aker Kavener, WooleyParsons, GRD Minproc, Ausenco, SNC Lavalin and Hatch, have together laid off over 1500 positions in Perth since the beginning of December. We where down 50% in staff numbers from September last year to this week.!!!
This is a hell of a lot worse than many want to believe. IT'S BAD... bad enough to have resulted in over 400 mine workers on 457 Visa's being sent back to their home lands. Bad enough to cause close to 1300 houses being built at present being labeled as "risk" investments, as the home owners have lost their primary incomes.
We going to see a hard time like never seen in 50 years and many will fiddle on thinking all is hunky dory till the lights go out.
I really hope I'm wrong, cause if I'm right, I'm as stuffed as the guy next two me,
oh as for packages, going rate is 2 weeks for every year services. Many people I know have been less than 2 years in their present roles... so they getting less than one months pay at the best.
oh well, catch squid and herring to feed the family,,, thats the answer for now,,,,
ps if anyone needs a good engineer / manager, now's the time to be looking for quality staff before they leave Perth...
Full-time piscatorial-idiot, in The Vines. "It is always in season for old men to learn." Aeschylus (525-456 BC) Greek poet.
Supporter of Meals on Reels & The Wally Weight
Tony Halliday: ~Meals on Reels ~
It takes a strong fish to swim against the current. Even a dead one can float with it
"It is always in season for old men to learn." Aeschylus (525-456 BC)
"In a mad world only the mad are sane." Akira Kurosawa (1910-1998)
Mick.C
Posts: 184
Date Joined: 09/08/08
How can the government give
How can the government give us cheap power when they let companies put in gas turbine power stations without waste heat recovery. Kevin rudd thinks that giving us free insulation will create jobs and reduce emissions. It will for two months and then that money will be gone. If he made companies that feed the grid put in WHRSG on thier gas turbines, it would give us cheaper power, create jobs and reduce emissions for the next twenty years. That is stimulus and value for money. There would also be no need to double our power bills.
Free insulation is an absolute waste of money. Put that money into subsidies to power providers for green house emission reductions or even the pipe line from the Ord river to perth and feed the other towns on the way. That is job creation and future thinking. Even if the pipe didn't work as well as they thought it would at least we are left with something for our money.
till
Posts: 9358
Date Joined: 21/02/08
Oh god not the canal again,
Oh god not the canal again, remember it sank barnet without a trace last time.
saltatrix
Posts: 1081
Date Joined: 30/03/08
Free insulation is an
Free insulation is an absolute waste of money.
Considering its been compulsary for the past 5? years in all new homes really, is he giving anyone anything?
Its also keeps the house cool to some extent that heaters come on sooner to heat the house at certain times.
I thought Karratha was originally been given money to build their own infrastructure decades ago in regards to mining?
How can our power bills double in two years? Give with one hand take with the other.
If power doubles then part self power production is going to become very viable very fast. At from an average of $1000 p/a to $2000p/a leccy bills a solar panel a year to near on free after 7 years.
If he made companies that feed the grid put in WHRSG on thier gas turbines, it would give us cheaper power, create jobs and reduce emissions for the next twenty years.
Interesting
Angling tourism is worth $10 billion to the Australian economy - 90000 jobs; more than any sport; spread the word
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
The story of Stuff. A persective
http://www.storyofstuff.com/
OK. This may give those who are wondering what we are all debating here a perspective that. to me. AND IN MY OPINION, makes sense out of all of this.
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
kane
Posts: 1752
Date Joined: 07/12/08
Whats free insulation about?
My house hasnt got any yet, wonder if theyll hook me up for free?
Goooooone Fishin!
Gooooone Fishin!
Shorty
Posts: 1549
Date Joined: 10/05/08
I think they are going to
I think they are going to give us $1600 towards insulation,,i am not sure what insulation costs now but "it will go through the roof "
just like gas converversons in cars did when the state and Feds offered money.
As folks have said this could put our kids in a very bad spot in later years or it might be the kick in the ass the economy needs,,,we will see.
Colin 3 > long standing and highly respect member of the prestigous Colin's club.
mako magic
Posts: 5785
Date Joined: 03/08/05
oh well noticed the package
oh well noticed the package got passed thru today, so will be a good little bonus to help out with the exmouth trip for sure
The Tackle shack, for all your fishing needs
huge range of stock to suit any fisherperson.
PH:9248 3800 unit 3/11 Alexander drive Malaga
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
Dramas on Stage
Yeah Mako. After the independant prick held a gun to everyone's head. He will fall from grace really quickly. I think it's disgusting that the Libs continued to block support for such an important issue. Oh well, it's there now and all we can do is see what transpires I guess.
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
mako magic
Posts: 5785
Date Joined: 03/08/05
hopefully a few people
hopefully a few people dontate some to the bushfires, since its free money still
The Tackle shack, for all your fishing needs
huge range of stock to suit any fisherperson.
PH:9248 3800 unit 3/11 Alexander drive Malaga
out wide
Posts: 1535
Date Joined: 30/12/08
Good idea Mako
Australia has donated about $100 mil so far.Lets hope it get to those that need it the most. Oh and by the way theres on such thing as a free money, us and our children who had nothing to do with all this will be suffering under much higher taxes for years and years to come in paying it all back. Could climb as high as 300 BILLION DOLLARS
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
Conjecture
So what do we do?? Nothing??? The bill was rejected because some self-centred bastard saw an opprotunity to increase the tax liability over time by pushing his own cart and that of his finaciers/supporters. That's what politics is about, pushing your own cart or towing a party line for your own security and wealth.
Independants can been loose cannons and it has shown here.
Anyway, off my soap box and appologies to those who take offence to my opinion.
Regardless of the bill and the money on offer I support those in dire straights in any way I can and we always will. That's what we are about. Us Aussies are a very resilient and compassionate race, despite our willingness to engage in dabate
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
Tony Halliday
Posts: 2500
Date Joined: 14/06/07
The X factor
The X factor did what he needed to do to wake up a goverment to the death of a sub region and bread basket of the nation. All he was asking for was money already allocated to be moved forward and save the
Murray Darling basin region...
And he got his deal, you get your cheque and your kids will pay off the bill with higher tax's in ten years time!!!
Money should never be handed out willy-nilly... it should be used to create jobs and allow people to work for pay...
not hand-outs !!!
And thats my view on how my tax dollars should be spent.
as Breaker Morant said... "Shoot straight, you bastards! Don't make a mess of it!"
Same goes to Rudd from me, as he has only one magic buller loaded with all our cash and he better shoot it at the right target... their is no spares to reload with!!!
JMO
Tony
Full-time piscatorial-idiot, in The Vines. "It is always in season for old men to learn." Aeschylus (525-456 BC) Greek poet.
Supporter of Meals on Reels & The Wally Weight
Tony Halliday: ~Meals on Reels ~
It takes a strong fish to swim against the current. Even a dead one can float with it
"It is always in season for old men to learn." Aeschylus (525-456 BC)
"In a mad world only the mad are sane." Akira Kurosawa (1910-1998)
UncutTriggerInWA
Posts: 2692
Date Joined: 05/09/08
Fair Comments
It all depends where you sit on this. From looking at the news this morning it seems the people will be asked to decide on this earlier than expected. Again there will be arguements from both sides about opportunism versus the need for the Governement to be able to govern. Regardless, some big heads will roll if a vote happens in the near future.
Hopefully, the fishing will pick up before then. It's been a pretty lean run for me with the weather etc.
Cheers, Vince
http://vinceholt.spaces.live.com/
------------------------------
Work Smart - Fish Often
Vince.
Work smart and fish often.
Member and die-hard supporter of the mighty West Coast Eagles.
out wide
Posts: 1535
Date Joined: 30/12/08
Early election
They are tempted to go to the polls what after 12 months , to get on the Kevin 07 bandwagon before the wheels fall off in late 09- 10
schecky
Posts: 1645
Date Joined: 25/08/08
i dont know if im getting it
i dont know if im getting it i work at red rooster and usually get like over 100 a week
i have nop clue whats going on though ahah
formerly fishoreub
hlokk
Posts: 4293
Date Joined: 04/04/08
If you did a tax return in
If you did a tax return in the 2007-2008 financial year, then you should
--------------
Always interested in someone to go fishing with