Australian Policies -- from October 2024

Be that as it may.

Left leaning Blitzers, what are your thoughts about Victoria possibly selling state owned assets to bring debt under control? This was a long standing criticism of the Kennett government, I assume a bitter pill to gulp down If it transpires…

I saw this last night, I actually voted for albo in the last election coz i was sick of Morrison, but happy to admit he has done a terrible job as p.m. and i struggle to think of one good thing he has done. Like you said, everything has gotten worse, but at least we’ll get a new png team in his favourite sport costing the Aussie tax payer 600 mill.

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Not a fan of the editorialising there, but moving on…
Generally, I’m against it.
But like most things it depends.
If something isn’t a massive revenue stream anyway, if the service is duplicated, if standards can and will be maintained privately, then it’s worth considering.

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Hes an employee of AMP.

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Privatisation is a massive issue for ALP Members. I have not heard one Member who speaks in favour of it, and most MPs have a philosophical dread of the issue, except of Premiers and Treasurers. I honestly cannot think of one privatisation from any government where it has benefitted us. Maybe there can be a cash benefits but long term, I would rather put everything in public hands, especially the AFL.

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Just put it in the hands of the EFC
Everyone will then be ■■■■■ :rofl:

The state needs the $$$. Victoria’s finances are in a poor position. First it was increase in stamp duty, then land tax hikes now privatisations

They could just bin that rediculous rail sinkhole from Box Hill to Cheltenham.

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The State is rated AA+ with a stable outlook by Fitch, AA with a stable outlook by S&P, and Aa2 with a stable outlook by Moody’s.14 Oct 2024

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For now ……it’s getting worse.

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Well, yes.
I’m talking about now. I thought you were, too, but apparently not.

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I posted links like a day or two ago how vic finances are fine. Some clearly ignored it to hold their own views.

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Clearly

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Actually Bill look at about every State in Australia and overseas as well. COVID smashed many places. That said many Economists reckon Victoria is under control.

It has not added to any of the debt Davo. In any case, contracts signed and it is happening, so suck it up baby !

Libs have said they would go ahead with it if they were to win power.
And it might be ridiculous for a guy living in QLD, plenty down here are wanting it. (not me, I won’t ever use it, no need)

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Yes and I’m not saying there’s plenty that do want it. Lots of people don’t want it too though.
The ones whose property prices are continuing to decline and fall behind other cities thanks to all the extra taxes the govt are introducing to pay for it. Investors are leaving Victoria and investing in QLD and other states like SA. Business rank Victoria the worst state to do business due to the higher taxes and red tape.

Victoria’s debt situation mightn’t seem to resonate with the folk but the actions to address the debt are hurting their wealth. I just think the money could be better spent and reallocated elsewhere for more optimal outcomes to services and also to stop people’s wealth declining as a result of the growing tax burden.

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Sorry Davo but you have no idea, so just give it a miss and add to your tan.

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I wasn’t even aware of it, but…I could possibly use it for work…
Interesting.
Save me having to find a park.

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