Pages

Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Monday, 5 August 2013

Spot the difference between a reborn contrite Kev and Team Tony

Posted to The age (5/8/2013) on 5/8/2013 at 11:06 AM
Commenting on "Spot the difference between a reborn contrite Kev and Team Tony"

http://www.theage.com.au/federal-politics/federal-election-2013/spot-the-difference-between-a-reborn-contrite-kev-and-team-tony-20130804-2r7pd.html

No thanks. I don't want to know about the devil or vote for any devil at all who ruined the country through incompetent and inapt government. Some people may say, "A bad policy is better than none", but Labor has far too many ill conceived and ill managed policies-on-the-run.

Kevin Rudd has a heart of coal and weak tear ducts. His "burning" desire to return to his throne after his ungraceful removal by his colleagues was never far away. Again and again, he sheds his crocodile tears begging for forgiveness even for things that he did not do. There is nothing fair dinkum about his tears.

Winning the hearts of the people of Australia is more than just showing a shaving cut on YouTube or knowing how to fiddle with the buttons or keyboard Twitting. Prime ministership is a dignified position, and the office must be filled by the rightful person who shows respect to the position - definitely not by a clown.

Can anyone trust the team of "drunken sailors" who has no concept of numeracy and economy, and turn a $18 billion blackhole into $30 billion in three months? If they can't make a short term forecast, what hope do the people of Australia have in returning to budget surplus of $4 billion in 2016/2017 as promised?

Tuesday, 17 April 2012

Feeling weak (Post 1 of 3 Posts)

Posted to The Age (15/4/2012) on 17/4/2012 at 3:16 AM
Commenting on "Feeling weak"


http://theage.domain.com.au/real-estate-news/feeling-weak-20120414-1x0g2.html


I have written on many occasions, and still believe firmly that the real estate market will not see an upswing until March/April 2013.

The Labor Federal Government, especially Julia Gillard and Wayne Swan are still far too indulged in budget surplus. This is an absolute nonsensical strategy, which basically means collect more money from the people of Australia and cut spending on the people. They cannot have the cake and eat it at the same time. If the surplus money does go back to the people, the budget should be a neutral one - no surplus or deficit.

It is no point to squeeze blood out of rock, the already heavily debt-laden Australians who are facing employment uncertainty. What Australia needs is trade surplus, getting more money to fill the coffers from external sources.

All these create enormous uncertainty for business and property investors, which can lead to further economic downturn especially those states that are not involved in the mining industry.

Australians must also take the blame too by spending more and more on online purchasing from overseas, and swamp the every corner of the Earth creating an outflow of money to other countries. This adds to the burden of trade deficit.

Do not ignore Harvey Norman, David Jones, Myers and the car industry complaining about poor performance in sales. These are the siren warning about disastrous staff sacking, which in turn sets out a chain reaction affecting all other service industries.

Downturn in real estate industry affects a lot of related industries, and the negative effect feedbacks to the real estate loop. Many young people are living like there is no tomorrow; true if they keep sipping coffee the travelling overseas, their hope of owning a house is just pie in the sky.

Wednesday, 11 May 2011

Federal Budget 2011 - Swan's blueprint for surplus

Posted to Adelaide Now (11/5/2011) on 11/5/2011 at 1:07 AM
Commenting on “Federal Budget 2011 - Swan's blueprint for surplus”

http://www.adelaidenow.com.au/news/in-depth/swans-blueprint-for-surplus/story-fn8o0uyv-1226053507909

Does it mean that people like me mature-age person need to be retrained to work in mining towns in Western Australia or Queensland, go under the house to fix plumbing or up the roof top to install solar panels? I am well-trained, with post-graduate degree and other qualifications, more than qualified to train the untrained, and yet I find myself unemployed.

I had been a sessional TAFE and VET trainer for 15 years, until the international education bubble burst when the government changed policy. More than half of the international students choose not to come to Australia anymore, and therefore, many trainers like me are unemployed.

Life as a sessional teacher is very tough. We are hard working people, and no dole-bludgers. Each term, we queue up, not at Centrelink, but at the course coordinator office asking whether there is any work for us.

Budget 2011 Let's turn mining boom into job boom

Posted to Herald Sun (11/5/2011) on 11/5/2011 at 12:47 AM
Commenting on “Budget 2011: Let's turn mining boom into job boom, says Wayne Swan”

http://www.heraldsun.com.au/news/special-reports/federal-budget-2011/story-fn8melax-1226053631468

Does it mean that people like me mature-age person need to be retrained to work in mining towns in Western Australia or Queensland, go under the house to fix plumbing or up the roof top to install solar panels? I am well-trained, with post-graduate degree and other qualifications, more than qualified to train the untrained, and yet I find myself unemployed.

I had been a sessional TAFE and VET trainer for 15 years, until the international education bubble burst when the government changed policy. More than half of the international students choose not to come to Australia anymore, and therefore, many trainers like me are unemployed.

Life as a sessional teacher is very tough. We are hard working people, and no dole-bludgers. Each term, we queue up, not at Centrelink, but at the course coordinator office asking whether there is any work for us. I cannot speak on behalf of other trainers; yes, I do indirectly and crudely beg for work and therefore, money.

End 1 of 2


Posted to Herald Sun (11/5/2011) on 11/5/2011 at 1:02 AM

Creating 500000 jobs is pine in the sky; along the way probably more jobs are lost. Realistically the net number is probably negative or negligibly small. Do the politicians understand what training really entails? If this is Asia, where people have the right attitude to learn and want to be trained to excel rather than just be competent, training will be a breeze. Unfortunately, I find that the real success rate of people being trained and achieved proper outcome is far from satisfactory. After so many years in the training / education industry, I can only conclude that we are producing half-bake Rolls Royces instead of top quality T-Fords - it is still a long way to have "mass-produced" skilled workforce.

The mythical unemployment rate of around 5% is just pure nonsense. A person receiving payment for one hour during the survey period is considered as employed. In short, the real hidden unemployment rate should be at least 15% or more.

Many mature-age workers who have lost their jobs turn to running small businesses. Not that they are good at doing so, but they are not untitled to go on the dole queue, like the boat-people or welfare bludgers.

End of 2 of 2

Friday, 29 April 2011

Coalition warns of 'record' budget deficit amid revenue slump

Posted to The Australian (29/4/2011) on 29/4/2011 at 6:48 PM
Commenting on “Coalition warns of 'record' budget deficit amid revenue slump”

http://www.theaustralian.com.au/news/nation/coalition-warns-of-record-50bn-budget-deficit/story-e6frg6nf-1226046962406

Anyone still supports these three stooges, “Gillard, Swan and Rudd”, is a stooge too. $50 billion or $54.8 billion are not just numbers; these translate into pain and suffering for most Australians now and a generation or more to come. Government does not have money; the money comes from your pocket, my pocket, and pockets of many fellow Australians.

Government run by stooges who are inept to manage our hard-earned money should be sacked as soon as possible. It was not because these stooges were handed a debt burdened economy; they had more than $20 billion in the kitty when baby face Rudd of the Labor Party snatched the prime ministership from Howard. Rudd and his fellow stooges spent the money recklessly and behaved as though there was no tomorrow.

Imagine if you were filling an Olympic-size pool with bottled water of 1 litre each, you will need 2.5 million bottles. If you pay $1 for a bottle of water, the amount of money Australia owes the world will buy you 189.9 billion bottles, enough to fill 76,000 Olympic-size pools. Honestly, the way these three stooges spend our money like water must have beaten any Guinness World Record.

From SinFongChanNextElection.blogspot.com