The Australian politics thread

[Burgey]

Hahahahaha. John Laws on 730. Pimpin' so hard with sunnies on at night and a glass of Wild Turkey in hand. Brilliant.

[social]

Originally Posted by Burgey

Interest rates will always be lower under a Labor government.

Cant believe people have let this slip by

RBA has lowered rates because economy, as usual, is headed down the toilet under ALP

At least they're consistent in this regard

[Burgey]

Originally Posted by social

Cant believe people have let this slip by

RBA has lowered rates because economy, as usual, is headed down the toilet under ALP

At least they're consistent in this regard

Then why do the Tories promise interest rates will always be lower under the Coalition?


Oh.......

[Dan]

Since when are low interest rates as apocalyptically bad as social seems to think?

[Redbacks]

The Adelaide Lol-salination plant to be mothballed thanks for the GST revenue WA

[Burgey]

Originally Posted by rvd619323

Since when are low interest rates as apocalyptically bad as social seems to think?

Since 24 November 2007.

[Spark]

They're still ridiculously high if the AUD is anything to go off.

[Dan]

Originally Posted by Spark

They're still ridiculously high if the AUD is anything to go off.

Well the banks don't pass it on half the time. We'd be at a 0% cash rate and you'd still be borrowing at 5%

[uvelocity]

Originally Posted by Spark

They're still ridiculously high if the AUD is anything to go off.

that't too complicated for me

[Quaggas]

Tsk, tsk.

[Redbacks]

I'm on site and for the second time in two weeks an innocent discussion about the economy has ended with a lecture on the 'self appointed leftist elite' by a tradie.

We really are still living in John Howard's Australia.

[Burgey]

Abbott's internal numbers must be tanking so bad.

[Son Of Coco]

Good to see Tone snuggled behind his wife today while she explained to the neighbours why he'd broken their window. At least, that's what I assumed was happening. It looked far too contrived to bother listening to.

[social]

Originally Posted by rvd619323

Since when are low interest rates as apocalyptically bad as social seems to think?

Low rates arent bad per se but it's the RBA's reasons for dropping the rates which are the worry - basically, the economy is at high risk of tanking

It's not a surprise because the ALP's only strategy is to mortgage your future against stuff we dig up and sell to a couple of countries

If those countries catch a cold, Australia is screwed because virtually every other industry is struggling massively

In the meantime, the ALP continues pointing to the revenue generated by this one industry and telling the world that things are great for everyone in Oz - it's a total heap of ****

[Burgey]

"A Liberal Party spokesman said Mr Abbott has no perceived issues with female voters."