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Finally had the Nissan talk with my CEO

He used to drive an ADM 32R as his company car during his tenure at Nissan, and was pretty involved with the Gibson Motorsport arrangement etc. Pretty cool hearing about it all and we now have some common ground, besides us both sitting on committees...and besides me thinking 32s are Japanese VN Commodores.

Liberals could be in power for another 30 years and the Liberal supporters on this forum would still say it's all Labors fault.

Only the deficits though... it's definitely the previous governments fault when it's a downward trend, but when howard inherited an upward trend after a world recession that little fact was conveniently forgotten lol

"The iron ore price forecast has been cut to $US39 a tonne, down from $US48 a tonne in the 2015-16 budget and way down from the record high of $US180 a tonne in 2011.

That hit to prices is expected to cut about $7 billion from tax receipts over the next four years."

That's a $7bn hit for a $9/tonne reforecast. Can only imagine the hit from $180 to $48.

you do realize that if the housing boom ends he will make more money than ever..

all these ppl who are leveraged way too bad will need to offload quick.

not that anyone would have leveraged themselves too hard on the idea that houses would only ever go up..

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