View Full Version : Kevin Rudd - Congratulations on a great first year!
Well, I think after just one year we can all look back at all the good things Kevin Rudd and his Labor team have achieved. While up against it from the start with the dire situation this country was in with massive interest rate hikes, fuel prices, mortgage stress and the like, i think we should all take a moment to thank Kevin for the fantastic job he's done so far.
Interest rates have been falling sharply since he ousted Howard.
Petrol prices are dropping at a great rate for the first time since the Gulf War started.
And while the rest of the World tinkers on the edge of recession, Kevin has managed to keep us largely unaffected through good Government and prudent strategy.
Thanks Kevin, thanks Labor. Finally we can all breathe a sigh of relief. :thumbsup:
you
have
got
to
be
joking............
That breathe of relief you just let out, well you can suck it back in mate.
The biggest market in the world has all but collapsed, half of europe is already gone and Asia is following suit. Now our economic genius' Rudd\Swan seem to think we will be 'largely unaffected'.
$1bn Budget deficit looms
By Colin Brinsden
November 24, 2008 12:04pm
VOTERS are happy with the Rudd Government's first-year performance, but are less relaxed about the prospect of a Budget deficit.
A new report suggests the Budget is facing a $1 billion deficit next financial year as the global financial crisis kills the resources boom.
Independent forecaster Access Economics expects the Budget will remain in surplus in 2008-09, although its estimate of $4.83 billion is more pessimistic than the Government's $5.4 billion.
The difference in opinion is more stark in 2009-10 with Access predicting a $1.16 billion deficit, compared to the Government's projected $3.6 billion surplus.
"We are headed for deficit pretty fast,'' Access Economics economist Chris Richardson said, adding China's economy was slowing.
Prime Minister Kevin Rudd says the Government has no intention of borrowing to cover its spending initiatives, despite being given the green light last week by the Reserve Bank for a deficit Budget and "prudent'' borrowing.
Mr Rudd, speaking yesterday to reporters in Lima where he is attending a meeting of Asia-Pacific Economic Cooperation (APEC) leaders, was firm in his commitment to a Budget surplus.
"I don't believe there is a need for the Government to borrow to invest and spend,'' he said.
The latest Newspoll reveals 56 per cent of those polled would be concerned if the Government took the Budget into deficit.
But Labor still retains their electoral support, holding a two-party preferred lead of 10 per cent over the Coalition.
The Opposition says taking the Budget into deficit may prove addictive, because Labor governments are fixed on deficits.
But Mr Richardson argues the previous Howard government was guilty of being a spending junkie.
``We p....ed the good years up against the wall in the usual ill-disciplined blowout of tax cuts and big spending during the boom,'' he says in the latest Access Budget Monitor.
I wouldn't mind a realistic review of the political year gone by; ya know - how are our health & education systems 'revolutionising' along. Oh, and how are the Abo's progressing along since the big apology? We all took note of Rudd big promise of better internet access, and look where that's heading.
And it never cease to amaze how thoses morons continue to flatter themselves; "let's give ourselves a pat on the back". Far cannal..........
I checked to see if Chris posted this on April 1st
TITAN PETE
25-11-08, 10:28 PM
Nah can't get involved in this thread :?)
I have to say, I really don't expect to see much change after a year. Most government policy is long term.
I find it odd that while our dollar was riding high vs the US$, petrol prices were still through the roof, but now I've seen fuel under $1/litre. Apparently it's because we're strong vs the European market.
I actually think Labor could lose the next election on the internet issue alone if the filter goes ahead. Assuming Comrade Rudd allows an election.
We probably are fairing pretty well in the global recession, it'll be interesting to see how long that lasts.
titanstattman
26-11-08, 12:21 AM
A fan of Fudd well that sure explains alot....:p
Boofhead
26-11-08, 01:02 AM
Nah can't get involved in this thread :?)
Yeah, I'm with you on that Pete!
Nah can't get involved in this thread :?)
Yeah, I'm with you on that Pete!
Pussies..........
Hoppy2007Dragons
26-11-08, 03:20 PM
Interest rates have been falling sharply since he ousted Howard
Sure they went up before they went down, and Rudd claimed that was Howards economic mismanagement, so you can't now claim the drop is because of Rudd's good managment, its the RBA trying to starve off a recession/depression by cutting interest rates and boosting spending.
Petrol prices are dropping at a great rate for the first time since the Gulf War started
Maybe because the army is bringing oil back with them :) I'm glad the price is dropping, i don't think rudd has had much to do with this though, pretty sure all his commissions and inquirys have done sfa and its just a result of the poor economy of europe.
An
d while the rest of the World tinkers on the edge of recession, Kevin has managed to keep us largely unaffected through good Government and prudent strategy.
Lost super anyone, unemployed anyone, australian dollar weak anyone.
While i agree were in a good position as oppossed to the rest of the world i dare say its because the rudd govt gained power with a surplus and a number of strong economic deals and trade agreements with our asian neighbours, as well as a good functioning economy. I mean i don't think jettign off to brazil for a confrence on what we should do for the world economy does anything other than use taxpayers funds, petrol and waste time, i mean after the talks all rudd did was hold a press confrence, "Australia is in a good position, there are tough times ahead, we are committied to doing something.
I dare say apart from his guarranteed bank depoists, most of the saving has been a result of the RBA and the consumers. (we still spend like no tomorrow, ven when their might not be one)
Pussies..........
Nice call, can't blame em though, politics fires people up, i think i upset a few with my pro-liberal comments during the election. :) I'm still waiting for all the aussie troops to be pulled out of iraq like kevin 07 promised. when he doesn't i'll be re-posting in a old thread.
Nathalie
26-11-08, 03:58 PM
I still think people are bitter over Little Johnnie getting ousted :) And that's all I have to say about that..
However, my lil bro did make a good comment the other day... when they were talking about Kev being PM for a year and his achievements etc, my brother said 'I have more achievements on World of WarCraft' - LOL :D
I'm still waiting for all the aussie troops to be pulled out of iraq like kevin 07 promised. when he doesn't i'll be re-posting in a old thread.
How did I forget that one?
Probably too busy downloading all the porn before Rudd cut's off the supply :?)
It'd probably be good reading going back through those old threads come to think of it; Saddam execution, Iraq War, ect....
That reminds me, what ever happened to Steelers & Aspher? They were good value.....
you
have
got
to
be
joking............
i agree buddy....
oaky so he is one year in lets hope that in 2years that is GONE!!!!!!!!!!!!
LABOR will do nothing but send the country back into the red like they did last time, and it was HOWARD that got us out....
interest rated went up coz our economy was so strong
full prices - hrmmmm...... blames the saudi's on that.... pushing the price up world wide
very soon oit WONT be wall-to-wall in this country - u will find alot of the states will change then the feds!!!!!!!!
bring back liberal!!!!!!!!!
Hoppy2007Dragons
26-11-08, 06:24 PM
How did I forget that one?
Probably too busy downloading all the porn before Rudd cut's off the supply
It'd probably be good reading going back through those old threads come to think of it; Saddam execution, Iraq War, ect....
That reminds me, what ever happened to Steelers & Aspher? They were good value.....
great minds think alike, i went back and revisted the post.
Haven't seen stellers and aspher for a while, must have moved onto grater pastures, also i think you and me need to improve our spelling, i have no idea how c-whix decipher half our arguments.
great minds think alike, i went back and revisted the post.
Haven't seen stellers and aspher for a while, must have moved onto grater pastures, also i think you and me need to improve our spelling, i have no idea how c-whix decipher half our arguments.
stellers, grater pastures, c-whix? Are you pissed? :p
Hoppy2007Dragons
26-11-08, 08:00 PM
nah just taking the piss out of myself.
i type to fast and dont go back over my posts. its a forum so i assume the formalities are not necessary.
Grimmace
26-11-08, 08:17 PM
nah just taking the piss out of myself.
i type to fast and dont go back over my posts. its a forum so i assume the formalities are not necessary.
Not rlly tha only thing that ppl shuldnt do is type in txt talk and use a bit of punctuation and ull b fine.
titanstattman
26-11-08, 10:48 PM
Not rlly tha only thing that ppl shuldnt do is type in txt talk and use a bit of punctuation and ull b fine.
Haha b lke tht if u wnt 2 bt i undrstnd wat ppl r try 2 say.....lmao
Early this morning whilst we were all snoring our heads off and dreaming about whatever, one of our finest has died in combat overseas fighting terrorism. Look at what happened in Mumbai this morning and nearly at the excact same time,this fine digger lost his life. Bring our troops home? Forget it. Stick to your guns Kevin Rudd. What would all of you people have to say if this happened here on the Gold Coast or in Australia for that matter and these terrorist killed members of your family? It would be a different tune then. May he and all of his fellow fallen mates R.I.P.
AN Australian soldier has been killed by a bomb blast in Afghanistan, the Defence Force has announced.
The Vice Chief of the Defence Force, Lieutenant General David Hurley said the unnamed soldier was patrolling on foot in Oruzgan province when he was killed by a blast.
Hurley said two other soldiers were slightly wounded but have returned to operational duties.
The army has refused to disclose any more information, saying only the soldier was killed by an improvised explosive device.
Prime Minister Kevin Rudd has expressed his sadness at the death.
"I'm deeply saddened today to hear of the death of an Australian soldier this (Thursday) morning in Afghanistan," Mr Rudd told reporters in Canberra.
"On behalf of the government, I wish to extend my condolences to the family of this soldier.
"Our deepest sympathies are with this young man's family, his friends and his colleagues."
His death brings the number of Australian casualties in Afghanistan to seven.
"Our troops in Afghanistan are engaged in dangerous work, they are engaged in important work and they perform their role with distinction, with bravery and professionalism," Mr Rudd said.
"There is no higher call for any person than to wear the uniform of Australia and today we are tragically reminded of the risks that come ... with that calling."
Mr Rudd called on Australians to hold the families of the dead and wounded soldiers in their thoughts and prayers.
...... Bring our troops home? Forget it. Stick to your guns Kevin Rudd. .......
It were Rudds guns that were blasting "vote for me - immediate withdrawl"
Just ask DIEHARD, it was one of his favourite arguments for Kevin07.
As you know Ryan, pollies will say anything to get into office and when they get there nothing changes. They are all full of false promises just like every government that has been elected before this one. Our soldiers will not be home anytime soon and there will be many more deaths before and after this government has come and gone. And it will go on and on and on.
titanstattman
28-11-08, 12:28 AM
Im just wonding if we turned our back on the other countrys who would look after us if we in the **** do u think they would turn thedy back on us or helps yes????
OH, how I love bleeding heart Liberals who just can't admit when things are going well under Labor and things were getting out of control under Howard/Liberal.
As far as troops go, I think u might be reading too much into it. I don't believe it was full withdrawl from any country, I think it was phased withdrawl of certain troops from Iraq. And in fact, I think there will be a bigger build-up in Afghanistan. The reasoning is, unlike little Johnny who followed his good mate GWB into Iraq without hesitation (against the wishes of mainstream Australians), Rudd and Labor see the real fight with terrorism being in Afghanistan (which is where we should be fighting it).
As for wanting Rudd out in 2 years.... well, firstly, Libs need to work out who will be leader next week, next month and next year. Then work out what to do without Howard and Costello. Sorry Libs-lovers, just accept the fact you have no one to challenge at the moment. And while you're at it, just accept the fact that Kevin and Labor are doing a good job at the moment.
Kevin 2011. :D
titanstattman
28-11-08, 08:14 AM
OH, how I love bleeding heart Liberals who just can't admit when things are going well under Labor and things were getting out of control under Howard/Liberal.
As far as troops go, I think u might be reading too much into it. I don't believe it was full withdrawl from any country, I think it was phased withdrawl of certain troops from Iraq. And in fact, I think there will be a bigger build-up in Afghanistan. The reasoning is, unlike little Johnny who followed his good mate GWB into Iraq without hesitation (against the wishes of mainstream Australians), Rudd and Labor see the real fight with terrorism being in Afghanistan (which is where we should be fighting it).
As for wanting Rudd out in 2 years.... well, firstly, Libs need to work out who will be leader next week, next month and next year. Then work out what to do without Howard and Costello. Sorry Libs-lovers, just accept the fact you have no one to challenge at the moment. And while you're at it, just accept the fact that Kevin and Labor are doing a good job at the moment.
Kevin 2011. :D
Like i said this explains alot...........
OH, how I love bleeding heart Liberals who just can't admit when things are going well under Labor and things were getting out of control under Howard/Liberal.
As far as troops go, I think u might be reading too much into it. I don't believe it was full withdrawl from any country, I think it was phased withdrawl of certain troops from Iraq. And in fact, I think there will be a bigger build-up in Afghanistan. The reasoning is, unlike little Johnny who followed his good mate GWB into Iraq without hesitation (against the wishes of mainstream Australians), Rudd and Labor see the real fight with terrorism being in Afghanistan (which is where we should be fighting it).
As for wanting Rudd out in 2 years.... well, firstly, Libs need to work out who will be leader next week, next month and next year. Then work out what to do without Howard and Costello. Sorry Libs-lovers, just accept the fact you have no one to challenge at the moment. And while you're at it, just accept the fact that Kevin and Labor are doing a good job at the moment.
Kevin 2011. :D
The next election will be much the same as the last - It won't be about voting someone in, it'll be about voting someone out!
Who knows where Rudd really stands on the war issue, after publicly condeming Australia's involvement, shortly before his letter of approval to Johnny was leaked. He then publicly advertised a 'full withdrawl' however in his fine print it was only about 500 coming home......
At least the liberals had stability in their stance regardless of how popular it was at the time;)
Admit it mate, Kevins time is already counting down :D
titanstattman
28-11-08, 09:22 AM
The next election will be much the same as the last - It won't be about voting someone in, it'll be about voting someone out!
Admit it mate, Kevins time is already counting down :D
Oh so ture so ture.....
Hoppy2007Dragons
28-11-08, 10:56 AM
I think it was phased withdrawl of certain troops from Iraq. And in fact, I think there will be a bigger build-up in Afghanistan. The reasoning is, unlike little Johnny who followed his good mate GWB into Iraq without hesitation (against the wishes of mainstream Australians), Rudd and Labor see the real fight with terrorism being in Afghanistan (which is where we should be fighting it).
We legally have more right to be in Iraq then we do Afghanistan, although i agree the real fight is in Afghanistan. And yet Rudd is yet to remove the combat troops from Iraq like he promised.
Things have never been good under labor, the Labor party has destroyed queenslands education, health, water, transport and from what i hear its similar in other states, and despite these being state responsiblities, people place the onus on the federal govt, so one would think with wall to wall Labor something might get fixed, but no, we still don't have worldclass broadband, the education revolution has not been started, the troops are not home, things may not have been perfect under Liberal, but i've yet to see the great effects of the allmighty Labor and Rudd.
titanstattman
28-11-08, 11:12 AM
We legally have more right to be in Iraq then we do Afghanistan, although i agree the real fight is in Afghanistan. And yet Rudd is yet to remove the combat troops from Iraq like he promised.
Things have never been good under labor, the Labor party has destroyed queenslands education, health, water, transport and from what i hear its similar in other states, and despite these being state responsiblities, people place the onus on the federal govt, so one would think with wall to wall Labor something might get fixed, but no, we still don't have worldclass broadband, the education revolution has not been started, the troops are not home, things may not have been perfect under Liberal, but i've yet to see the great effects of the allmighty Labor and Rudd.
And i'll think we will be a waiting awhile for that
Rudd blowout does not compute - Turnbull
couriermail.com
November 28, 2008 03:10pm
THE Rudd Government's offer of an additional $807 million for the computers in schools program "speaks volumes for poor economic management'', Opposition Leader Malcolm Turnbull says.
The Government has caved in to pressure from the states and territories by offering them an additional $807m to meet the costs of installing and running computers for high school students.
"Labor's challenge is one of economic management and what we have seen with the computers in schools saga is a program that was promised and costed at $1.2bn now going to cost $2bn,'' Mr Turnbull said in Sydney today.
"That speaks volumes for (Prime Minister Kevin Rudd's) poor economic management.''
The program was just another example of the financial mismanagement that was taking the Government's finances into deficit, he said.
The rollout of computers to every student in Years 9 to 12 has been stalled by state government complaints the Commonwealth's contribution of $1000 for each computer is insufficient to cover installation and running costs.
The new offer ups the Commonwealth's contribution to $2400 for each computer.
Mr Turnbull said the program was going to cost twice as much and deliver only half what was promised.
"It was promised to put a computer on the desk of every student in Year 9 in those vital middle years of high school, and now we know it's only going to put a computer on every second desk,'' he said.
or third or fourth. Their will never be any computers for every child in this country for as long that I am alive. I have still got aleast 45yrs to go yet. In my time on this earth the poor will always miss out and the funds will always go to the private sector.
So they want the Commonwealth contribution to be $2,400 per computer. I assume then the states are contributing as well.
What freaking computers are these kids getting?!
So they want the Commonwealth contribution to be $2,400 per computer. I assume then the states are contributing as well.
What freaking computers are these kids getting?!LOL, that's my question too. Obviously they need the best 3D graphics cards for serious algebra equations. ;)
The next election will be much the same as the last - It won't be about voting someone in, it'll be about voting someone out!Hahaha. Do you mean an actual election or the next Liberal meeting where they vote someone in and someone out?
Who knows where Rudd really stands on the war issue, after publicly condeming Australia's involvement, shortly before his letter of approval to Johnny was leaked. He then publicly advertised a 'full withdrawl' however in his fine print it was only about 500 coming home......We know where he stands, but that doesn't mean it's in the best interest to just pull troops out at any time. The Iraq/War On Terror thing is an omellette. Let's not pretend the right thing to do is just pull troops out right now becuase he said he would. At least he's made a commitment to start a phased withdrawl.
At least the liberals had stability in their stance regardless of how popular it was at the time;)LOL, yep, they certainly were good at giving the big finger to average Australians when Howard didn't want to listen. I assume that's what you mean ;)
Admit it mate, Kevins time is already counting down :DI'll ask all you Liberals....... who would you vote for at the next election? Who will be there? Who is better? Stop living as if Howard or Costello are still waiting for another shot at the title. You've got no one! OK, maybe Brendan Nelson would have been just awesome as PM. Too bad he got booted.... :?)
Hahaha. Do you mean an actual election or the next Liberal meeting where they vote someone in and someone out?
I'll ask all you Liberals....... who would you vote for at the next election? Who will be there? Who is better? Stop living as if Howard or Costello are still waiting for another shot at the title. You've got no one! OK, maybe Brendan Nelson would have been just awesome as PM. Too bad he got booted.... :?)
Like I said, it won't even matter who the Lib\Nat leader is; 'the people' will be that pissed with Labour it'll be a default win to the opposition. Kevin can go back to eating his ear wax on the back bench and Swann can go back to miscounting the coke machine change.
We know where he stands, but that doesn't mean it's in the best interest to just pull troops out at any time. The Iraq/War On Terror thing is an omellette. Let's not pretend the right thing to do is just pull troops out right now becuase he said he would. At least he's made a commitment to start a phased withdrawl.
Haha, I could probably pull a dozen posts\articles screaming "IMMEDIATE WITHDRAWL, IMMEDIATE WITHDRAWL", there might even be one or two with your name on it. From what I remember the following 'withdrawl commitments' were xmas07, then March08, then May 08, ect. He has obviously put that policy in the 'too hard basket' along with the health department issues, oh that reminds me - "The buck will stop with me!" - lmfao!
titanstattman
29-11-08, 12:00 PM
Hahaha Ryan 7 Whiz 0.....:p
Nathalie
29-11-08, 12:18 PM
Don't get me started on Turnbull. That smug look just makes me wanna smack him upside the head - and I'm not even a violent person at all.:fight:
all i want for christmas is......
LIBERAL
all i want for christmas is......
LIBERALLucky that's all you want, because you can't have Liberal and money left to spend as well. It's one or the other! :D
Lucky that's all you want, because you can't have Liberal and money left to spend as well. It's one or the other! :D
hrrmmmm..... let me think....
when the liberals took over approx 12yrs ago now the country was in a bad shape... a massive defficet..... which they succesfully turned around to a MASSIVE surplus....
12 months into labor again.... and wot?? we are heading to a recession...
oh, and the aussie dollar has dropped approx 30%....
SO..... liberal is a much better option, coz there was money to spend... now we dont!!!!!!!
I've gone from living comfortably to having to remortgage and get rid of/downgrade a few things despite earning the same money & not having any extra expediture as I had before Rudd got in
and I'm not the only one in this situation
Personally I think a lot of the things effecting us have little to do with the government in power.
Liberal rode on the back of a boom in mining and Australia got a surplus.
Fuel prices dropping have pretty much nothing to do with the Labor government.
The recession we're heading into is global and Comrade Rudd has no control over that.
I'm in a similar boat to Paul. Things have gotten tighter, and I can't even pinpoint where and why that is. My income hasn't changed and I haven't got any extra bills, but there seems to be less money in my pocket each week.
when the liberals took over approx 12yrs ago now the country was in a bad shape... a massive defficet..... which they succesfully turned around to a MASSIVE surplus....
12 months into labor again.... and wot?? we are heading to a recession...
oh, and the aussie dollar has dropped approx 30%....
SO..... liberal is a much better option, coz there was money to spend... now we dont!!!!!!!LOL. Classic Liberal argument. Ride a boom, tax the people til their ears bleed and tell them how lucky they are because the Govt is making money faster than they can spend it. LMAO.
I've gone from living comfortably to having to remortgage and get rid of/downgrade a few things despite earning the same money & not having any extra expediture as I had before Rudd got in
and I'm not the only one in this situationLOL, this is one of the best yet! So, even though your financial income hasn't changed, somehow Rudd being in office has affected your personal situation with your mortgage? Ever considered it might have something to do with the interest rates and cost of living that kept going up under Liberal? It's just that people have probably chewed through their savings or stopped using/maxed out their credit card and now feel it harder. Same as when you get ahead on mortgage repayments for a few years, then that gets eaten away as interest rates go up and suddenly, a few years later, you've got less money available.
Personally I think a lot of the things effecting us have little to do with the government in power.
Liberal rode on the back of a boom in mining and Australia got a surplus.
Fuel prices dropping have pretty much nothing to do with the Labor government.
The recession we're heading into is global and Comrade Rudd has no control over that.
I'm in a similar boat to Paul. Things have gotten tighter, and I can't even pinpoint where and why that is. My income hasn't changed and I haven't got any extra bills, but there seems to be less money in my pocket each week.Yes, the fact is this is a global recession, and at this stage we are pretty well clear of the major ramifications. The big problem has been the drop in share prices which is affecting the big end of town mainly, so there is a trickle down effect, but I don't know anyone who has lost a job over it yet.
The cost of living has been going up steadily for the past 12 years with inflation. That's a direct result of growth. But it was unchecked for too long by Howard and got away from him. Now we are seeing it coming back to where it should be, obviously a lot quicker due to global financial situations.
If you single guys think times are tough, you should try feeding 3 kids as well. But I can tell you I think this is a great opportunity for people with some vision and balls to make their first million in the next 5 or 10 years. I'm watching and waiting, and will be hitting the bank manager up for fresh funds in the next few months.
In the meantime give thanks and praise to Rudd and Labor for petrol prices dropping. Fuel watch is working people! ;)
It's not the recession that should have people worried, it's how the Labour government is already mishandling the situation. Their 08-09 budget keeps changing without much change in the 'global climate'. And whats more worrying is how their 09-10 budget is ready about $5bn different than the more credible independent view!
Yet Rudd is still flogging off the same bullsh!t response "oh, but Australia is better placed than any other country......", "We will be largely uneffected...." Our currency and stock market have already been cut in half and we're not even one month into what the experts are predicting an 18 month recession. The sh!t has hit the fan; it just hasn't come back down yet.
The writing is on the wall as far as Labour's economic ability. Market conditions\expectations haven't been changing as much as Swann's budget predictions. Rudd's education policy alone has already blown out another $1bn before any school has even seen a computer.
The good thing about driving on a rough road, is that no-one can really tell how bad a driver you are ;)
Hoppy2007Dragons
30-11-08, 05:37 PM
On a associated question, i'm wonderign if anyone can explain the concept with fuel atm, the australian dollar is at 60- 70 us cents and i'm no paying 101.4 cents a litre, yet when the aussie dollar was at 80-90 i was paying 140+, last time i check, fuel is still sold at the same price for a barrel, so why is it cheaper when our dollar is weaker, and it can't be because the economies were buying from are weak, because we were strong when they were technically weak??????? someone shed some light, my gf asked me and she said i looked like a deer in headlights when i tried to come up with an explanation.
On a associated question, i'm wonderign if anyone can explain the concept with fuel atm, the australian dollar is at 60- 70 us cents and i'm no paying 101.4 cents a litre, yet when the aussie dollar was at 80-90 i was paying 140+, last time i check, fuel is still sold at the same price for a barrel, so why is it cheaper when our dollar is weaker, and it can't be because the economies were buying from are weak, because we were strong when they were technically weak??????? someone shed some light, my gf asked me and she said i looked like a deer in headlights when i tried to come up with an explanation.
Supply and Demand!
World wide energy demand has dropped as a result of 'economic climate'; factories are backing off production, less power being produced\consumed. So countries with alot of oil fired powerstations are trading less oil, also take into account cargo ships all run off crude oil, so the less trading of manufactured goods, mining minerals and oil itself - the less demand there is for oil again. Then what comes off the ship has to be transport by trucks, so if theres less cargo coming in theres less work for the truckies; less demand for diesel, less demand for oil. Keep going down the line to local transport, people feel the pinch and start consuming less petrol; less demand for petrol, less demand for oil, ect, ect...
So as a result crude oil has dropped from about $140\barrel down to $50\barrel.
Even with our exchange rate dropping 30% - crude oil has dropped about 65%.
Because the oil companies and the government are all in this together. If the bowser price comes down, the goverment misses out on their GST and the oil companies lose money. When the first Iraq war started the price of a barrel of oil hit about 80 to 90 bucks max. Price of petrol at the bowser hit around 70cents per litre. We should only be paying around 50 to 60 cents p/l at the moment with the oil prices the way they are. If our government wanted to do anything to help the Aussie public out they would get rid of the GST that is on top of the fuel excise tax. Two tax's on one product is unheard of in the industrialized nations of this world. Aussie's are the suckers for putting up with. All of this money was supposed to go towards our transport infrastructure. I sure have not seen any new federally funded roads being built between the gold coast and north queensland lately. As for your question Hoppy. I have no friggin' idea. And don't stand in front of cars at night otherwise you might get hit by a Mr. Krudd vehicle that is dodging all of these accusations.
There are quite a few things that affect fuel prices:
* Global Crude Oil Prices
* Global Petrol prices
* Global supply & demand of both
* Current exchange rates
* Local supply & demand of petrol
The only way we'll be getting back down to 70c\lt, is if crude oil stays low and our exchange rate gets higher. But don't count on that, with our stock market being largely based on the price of mining commodoties; iron, aluminium, copper, oil, coal..... When our stock market picks up, so will the price of oil!
Expecting the government to remove petrol taxes is ridiculous - so don't even go there.....
titanstattman
30-11-08, 07:55 PM
So where is my super going??????
If our government wanted to do anything to help the Aussie public out they would get rid of the GST that is on top of the fuel excise tax. Two tax's on one product is unheard of in the industrialized nations of this world. Aussie's are the suckers for putting up with. That's true. It's not just fuel though. Having GST on tolls is another example. It's just part of the double dipping Hoawrd and Costello introduced on their "never, ever" promise. Yes, a lot of us got sucked in. Some take longer than others to realise it. ;)
So where is my super going??????Same place as everyone else mate! Think yourself lucky you're not about to retire. Our losses will bounce back, but it will take some time.
We all got screwed and it is only going to continue, no matter who is in power. If that BLOKE from The LNP is reading this! Stop friggin' ringing people in the Northern Suburbs of the Gold Coast from Ashmore north. You always hang up before we all catch your name. Not happy mate. And not a good rap for your party.
Coaster
05-12-08, 08:23 PM
Yay for rudd.
Without him, i would be having a hard time controlling my cashflow, i would be sleepless at night wondering if the Aboriginals from 70 years ago needed an apolligy, Scared senseless that my Kids wouldn't know how to handle the massive surplus, and wondering if Qantas was safe to fly on.
What a great year it has been, i have had banks demanding margin calls, let go 2 of my best employees because of restraints, seen the housing market crash though the floor, and had the opertunity to see interests rates finally come down to some how jump start the dead economy back to life, but im afraid could be to late.
When he promised to bring Aboriginals and whites closer together with finances and life expectency i didnt expect him to make us whites to all lose our houses and die alot earlier because of stress and lack of common needs. But i guess he did keep his promise!!
Well done Krudd, if i was allowed close enough i would fair dinkem kick ya in the nuts
Hoppy2007Dragons
18-01-09, 12:17 PM
Rudd bonus blown on the pokies
Jan 18, 2009 1:01am
By: The Sunday Mail (Qld)
POKER machines were the big winner in the Government's economic stimulus package, with a multi-million dollar boost.
POKER machines won out with the Federal Government's stimulus package, which has been blamed for a $15 million boost in revenue in Queensland.
More than $167 million was spent playing poker machines in December ? 10 per cent above the previous month's $152 million.
It was also significantly higher than for the same period in 2007, The Sunday Mail reports.
In 2007, punters spent $156 million in November and $153 million in December
Source: http://www.optuszoo.com.au/article/news/news_latest/news_latest_ndm/774
DIEHARD
18-01-09, 12:21 PM
You can hardly blame Rudd for the global financial crisis that originated in the US.
You can hardly blame Rudd for the global financial crisis that originated in the US.
True.
But when the end of his term is up; the hospitals will still be ineffective, broadband speeds will still be slow, schools won't have their computers and our troops will still be in the Middle East - there will be no-one else to blame.
The buck stops with Kevin Remember! :thumbsup:
Hoppy2007Dragons
18-01-09, 05:42 PM
You can hardly blame Rudd for the global financial crisis that originated in the US
No but a stimulus package that he inititated after consulation indicated a large percent of it would end up in pokies or spent on alcohol, well as ryan said the bucks stops with Rudd.
The money could have been issued as vouchers for petrol, food, medical essentials, school supplies, etc.
Coaster
23-06-10, 10:13 PM
Goooooooooooone!!!!!!!!!
DIEHARD
23-06-10, 11:23 PM
This is sensational. This is panic from the ALP. Who are returning to their infighting ways of old. Whichmade them electoral poison to the people.
I always said Gillard would be our next PM, I didn't think it would be this soon!
Absolutely amazing!
titansrawesome
24-06-10, 07:59 AM
labour sucks.
DIEHARD
24-06-10, 08:09 AM
labour sucks.
It's spelt Labor.
I'm so pissed off about the treatment Kevin Rudd is receiving. He deserves better and I certainly don't think he would have lost the next Election.
Not against Abbott, possibly against Costello or even Turnbull.
Steelers
24-06-10, 08:38 AM
I'm so pissed off about the treatment Kevin Rudd is receiving. He deserves better and I certainly don't think he would have lost the next Election.
Not against Abbott, possibly against Costello or even Turnbull.
This. I am a Rudd supporter and was also a supporter of Gillard. What has occured has made me lose respect for Gillard and she won't get my vote this coming election. That being said, Abbott won't be getting it either. My vote will be going to the candidate who I think will be getting the least votes in my electorate. Hopefully the Australian Sex Party have a candidate for me to vote for :D
DIEHARD
24-06-10, 08:58 AM
Big boost for the Greens and smaller parties coming!
DIEHARD
24-06-10, 09:32 AM
Kevin Rudd apparently has stood down, no ballot. Gillard leader....
If this is the way Australia gets its first female PM, it is a very uninspiring way. And the treatment of Kevin Rudd very off colour.
I dont really wanna talk about politics here. But you know I'm a huge Kevin Rudd supporter and I'm naturally shattered.
Rudds style of politics was never gonna last him long.
It's like tricking a kid into thinking you've got something in your hand, then when you open your hand the kid finds that theres nothing in there. The smart kids wont fall for it, but for most it'll work once, sometimes twice and for the really gullable ones maybe 3 or 4 times. But you can only disappoint someone so many times before they turn on you.
For people who don't want to vote for either party this year, you can always draw an extra box on the ballot paper and vote for a dead celebrity or cartoon character :thumbsup:
titansrawesome
24-06-10, 10:30 AM
but do you reckon our 1st female pm will last long? i dont really see her lasting until 2013
Coaster
24-06-10, 11:59 AM
They are saying he was the most popular PM since Bob Hawke.
Didnt the same thing happen to him?
Gotta love the Labor Party LOL
Coaster
24-06-10, 12:09 PM
On another note this is the biggest news for red heads since the invention of SPF70+
titanstattman
25-06-10, 04:01 PM
we still stuffed....
1. Labor
2. The PM is a Female
3. FFS Its a red head......
Powered by vBulletin® Version 4.2.2 Copyright © 2024 vBulletin Solutions, Inc. All rights reserved.