The Sa Wasteland

[SLED]

Sorry for the coming long post, but I received this excellent 'on topic' email from my Mum just yesterday .... unfortunately I think a lot of guys on here will experience this in the coming 2 years of recession under the Krudd government.

The moral of the story is that rather than give below average income earners $1k to blow on pokies, booze, turbos etc (which is exactly what happened last handout and only benefited the hoteliers of Adelaide, not the economy in whole whatsoever), the govt should ease tax on businesses, so that 1. they manage to stay in business through the tough times, and subsequently 2. many people actually keep their jobs as a result of the businesses not going under and massively effecting the economy.

what a revelation Andrew.......could not have been said any better!!

Do you know that the majority of Australia's workforce is employed by small business, not big industry?!

Smarten up people and stop misdirecting your winging & whining to your boss but rather the gov.

[PREISS]

On the money nightcrawler.

However I feel most people are entirely blaming Krudd for these troubled times.

Has alot to do with China. Alot to do with the US.

I feel Krudd took over government in very different times. Very different to the early 90s etc.

Its a different world. I wouldnt want to be in his shoes

At the end of the day we are still a lucky country. So I try not to whinge too much.

[skyhighR33]

hmm have i missed something can i claim this $950 aswell or what do you have to do to get it and nightcrawler that was a very interesting read.

[PREISS]

what a revelation Andrew.......could not have been said any better!!

Do you know that the majority of Australia's workforce is employed by small business, not big industry?!

Smarten up people and stop misdirecting your winging & whining to your boss but rather the gov.

True. good fact.

But; The government is handing out lump sums to help the small businesses.etc (so they say) People will spend more with the lump sum. I agree some people will just spend it on the pokies.

In contrast; Buying a turbo. buying a swimming pool. Getting your car fixed up. are all helping small businesses. to a certain degree.

[rhys5169]

yes it is hard times but he has handled it shockingly, bring back costello! people can hate on the howard years as much as they want but australia under costello was a economically safe australia

[SLED]

At the end of the day we are still a lucky country. So I try not to whinge too much.

don't know about us living in the lucky country anymore......that may have been the case a few years ago

Did anyone see the latest figures on home affordability around the world??

Only 10 years ago we were amongst the most affordable places on the planet to own a home, we have now moved up to around the top 10 of the least affordable on the planet......and I'm talking Adelaide here, not just Sydney!!

[SLED]

yes it is hard times but he has handled it shockingly, bring back costello! people can hate on the howard years as much as they want but australia under costello was a economically safe australia

here, here!

[r33 chris]

does that mean ill get a 1000 bux for being an apprentice coz i get payed so shit?

[PREISS]

Ive read its the lowest in 22 years.

http://www.news.com.au/business/story/0,23...5013951,00.html

[rhys5169]

sled did you read alexander downers collum in yesterdays advertiser? its the only thing worth reading in that shocking paper, he finally let loose on what he thinks of rudds handling, very good read. i'll see if i can find a web link

[rhys5169]

http://www.news.com.au/adelaidenow/story/0...8-22202,00.html

here it is

[SLED]

Ive read its the lowest in 22 years.

http://www.news.com.au/business/story/0,23...5013951,00.html

and mind you, they are referring to an average household income (which usually means X2).

Anyone have any idea what the so called average income is at the moment........judging by the average age on these boards, only a small % would be on it and even less over it...........and if you don't have a missus to contribute, you're stuffed!

Here's one of the quotes from the above link:

The Deposit Power/REIA Affordability report for the September quarter found 36.6 per cent of household income was needed to cover average home loan repayments.

That tells me that it would be close to 100% of some of your wages!

sled did you read alexander downers collum in yesterdays advertiser? its the only thing worth reading in that shocking paper, he finally let loose on what he thinks of rudds handling, very good read. i'll see if i can find a web link

no I didn't see it bud

[AndrewJZX100]

which may come as a surprise to the ferals who write to the Mt Barker Courier

[scandyflick]

this whole thing has me shaking my head. everyones going on about how awesome its going to be to get $1000, but they dont realise the long term cost of this. its billions of dollars in deficit over the next couple years, surely people can see the problem in that?

[PREISS]

Thats deff one point alot of people dont address.

Without a partner or business counterpart how are you supposed to afford buying a house.

I dont go back on my word when saying we are a lucky country.

But I must agree that its very hard to afford and pay for a house. Almost seems you have to have no life and sit at home and constantly pay off your mortgauge with a lovely interest involved.

[heslo]

That's an awesome letter there Andrew... read it to my olds, they agreed 100% and have added it onto their mailing lists to send out to others. It's sad that people can realise this but somehow the government doesn't, or doesn't want to

[Damo_R34]

this whole thing has me shaking my head. everyones going on about how awesome its going to be to get $1000, but they dont realise the long term cost of this. its billions of dollars in deficit over the next couple years, surely people can see the problem in that?

but what can we do about it? the Majority of the population voted him in!

[DamageInc]

anyone here into Photography ?

[scandyflick]

theres quite a few here into photography dude.

[kralster]

here, here!

ohh bull, the liberals just rode a wave of success, and they didn't capitalise when they had the oppurtunity to do things to help soften the blow when the eventual bust came.

And what goes up MUST come down it's simple.