24-07-2017, 10:49 AM
17-08-2017, 02:34 PM
http://www.theaustralian.com.au/business...15a72169be
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"Unemployment falls to 5.6pc in July
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"Unemployment falls to 5.6pc in July
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Australiaâs economy continued to create jobs at a fast pace in July, lowering unemployment and signalling rising momentum in the economy.
The number of people employed rose 27,900, the Australian Bureau of Statistics said.
That compared with an increase of 20,000 forecast by economists ahead of the release.
Unemployment fell, as expected, to 5.6 per cent in July from an upwardly revised 5.7 per cent in June.
The number of people in full-time work fell 20,300 in July, while those in part-time work rose 48,200.
The bureau said its seasonally adjusted workforce participation rate rose to 65.1 per cent in July from 65.0 per cent in June.
The economy has churned out 240,000 new jobs in the last year, of which 200,000 have been full-time positions.
The Reserve Bank of Australia"
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Well done Federal government
!!!
!!!
 Creation of 200,000 full time jobs - that's something to be happy about I reckon.
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17-08-2017, 02:38 PM
With penalty rates included !!! :officechair:
18-08-2017, 02:33 PM
The anti worker government creates jobs for workers???
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With or without penalty rates?
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Do try a little harder PZ!!
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With or without penalty rates?
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Do try a little harder PZ!!
18-08-2017, 02:45 PM
Don't have to try.
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The penalty rates are there and unemployment isn't increasing.
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No need to cut them after all.
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Now if Turnbull understands this rather basic fact he might last a bit longer
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The penalty rates are there and unemployment isn't increasing.
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No need to cut them after all.
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Now if Turnbull understands this rather basic fact he might last a bit longer
18-08-2017, 09:57 PM
Long bow you draw there PZ
19-08-2017, 06:05 AM
Not really.
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It's easy for rich folk to underestimate the need for a decent wage to pay the bills.
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Even the reserve bank have been saying it.
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Economic growth has ground to a halt because of stagnant wage growth.
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Cutting penalty rates will only make it worse.
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It's easy for rich folk to underestimate the need for a decent wage to pay the bills.
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Even the reserve bank have been saying it.
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Economic growth has ground to a halt because of stagnant wage growth.
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Cutting penalty rates will only make it worse.
19-08-2017, 10:11 AM
Have no idea how rich folks see this issue, are you a rich person?
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As I see it we should be rejoicing that 200000 folks now actually earn a wage - surely you can acknowlege that?
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Economic growth has not ground to a halt:
http://www.skynews.com.au/news/top-stori...ecord.html :dance:
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Since you got that wrong your other claim may be equally doubtful! :Talking:
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As I see it we should be rejoicing that 200000 folks now actually earn a wage - surely you can acknowlege that?
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Economic growth has not ground to a halt:
http://www.skynews.com.au/news/top-stori...ecord.html :dance:
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Since you got that wrong your other claim may be equally doubtful! :Talking:
19-08-2017, 12:37 PM
Shi
t mate, you made a mistake with a comma once... using your logic does that mean every other claim you've made is dubious?
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I didn't say we were in a recession so I don't see why you had a need to link that article. Unless it's just semantics?Â
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1.7% GDP minus inflation with increased Govt debt is going backwards in the real world.
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My underlying point, and the reserve bank agrees - is Australia needs wage growth.
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Yes I'm happy to acknowledge that penalty rates didn't stop 200000 people from getting a job.Â
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What it proves is anyone who ever says that workers should ever earn less money in this expensive country needs a reality check.
t mate, you made a mistake with a comma once... using your logic does that mean every other claim you've made is dubious?
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I didn't say we were in a recession so I don't see why you had a need to link that article. Unless it's just semantics?Â
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1.7% GDP minus inflation with increased Govt debt is going backwards in the real world.
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My underlying point, and the reserve bank agrees - is Australia needs wage growth.
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Yes I'm happy to acknowledge that penalty rates didn't stop 200000 people from getting a job.Â
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What it proves is anyone who ever says that workers should ever earn less money in this expensive country needs a reality check.
23-08-2017, 09:08 AM
I certainly agree with wage growth but it must be based on reality - economic reality.
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A growing economy will always lead to stronger employment which will lead to wage growth - as you say a good thing indeed.
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Wage growth without economic growth is temporary, and inflationary.
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Your claim - see above was: Â "Â Economic growth has ground to a halt because of stagnant wage growth"
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I provided a link to a site that showed a different story. Seems fair to me.
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A growing economy will always lead to stronger employment which will lead to wage growth - as you say a good thing indeed.
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Wage growth without economic growth is temporary, and inflationary.
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Your claim - see above was: Â "Â Economic growth has ground to a halt because of stagnant wage growth"
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I provided a link to a site that showed a different story. Seems fair to me.
23-08-2017, 10:13 AM
OK. I'm happy to stand corrected on that technicality
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Most of my friends are actually going backwards.
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Their last payrise already got wiped out by higher rego / insurance / power bills. Just like last time and the time before that.
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So they will spend even less money in the future and it will cost us dearly.
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In my opinion economic growth that's less than inflation and Govt spending is a loss.
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That's why we're running deficits.
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Most of my friends are actually going backwards.
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Their last payrise already got wiped out by higher rego / insurance / power bills. Just like last time and the time before that.
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So they will spend even less money in the future and it will cost us dearly.
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In my opinion economic growth that's less than inflation and Govt spending is a loss.
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That's why we're running deficits.
24-08-2017, 08:27 PM
Tony Abbott admits he was drunk in Parliament and missed crucial GFC bailout vote
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 FORMER Prime Minister Tony Abbott has finally confessed that he was passed out, drunk, on the night he should have voted on Kevin Ruddâs GFC bailout measures in 2009.
Wayne Swan will no doubt be gratified that Mr Abbott has come clean, having dogged him to do so for years after the event.
Mr Abbott, who was the leader of the opposition at that time, has shared his story on The House With Annabel Crabb, in an episode set to air on September 5.
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http://www.news.com.au/national/politics...5b7635a94a
LOL> Quite funny. Now if he can explain all the other days?
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 FORMER Prime Minister Tony Abbott has finally confessed that he was passed out, drunk, on the night he should have voted on Kevin Ruddâs GFC bailout measures in 2009.
Wayne Swan will no doubt be gratified that Mr Abbott has come clean, having dogged him to do so for years after the event.
Mr Abbott, who was the leader of the opposition at that time, has shared his story on The House With Annabel Crabb, in an episode set to air on September 5.
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http://www.news.com.au/national/politics...5b7635a94a
LOL> Quite funny. Now if he can explain all the other days?
27-08-2017, 09:35 PM
Quote:OK. I'm happy to stand corrected on that technicality
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Most of my friends are actually going backwards.
Â
Their last payrise already got wiped out by higher rego / insurance / power bills. Just like last time and the time before that.
Â
So they will spend even less money in the future and it will cost us dearly.
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In my opinion economic growth that's less than inflation and Govt spending is a loss.
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That's why we're running deficits.
Whatever, your grasp of economics is more tenuous than you appear to believe
28-08-2017, 10:08 AM
I don't agree with you mate
30-08-2017, 06:07 PM
Quote:I don't agree with you mateÂ
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Neither do I
30-08-2017, 07:25 PM
Neither do I either.
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Because state Govts have a bigger role in job creation than the Feddies particularly in the case of Victoria.
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There are cranes everywhere and big infrastructure projects all over the place.
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So when someone questions my grasp of economics but says well done Feds for creating 200,000 jobs I don't think I have too much to worry about
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Because state Govts have a bigger role in job creation than the Feddies particularly in the case of Victoria.
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There are cranes everywhere and big infrastructure projects all over the place.
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So when someone questions my grasp of economics but says well done Feds for creating 200,000 jobs I don't think I have too much to worry about
30-08-2017, 08:01 PM
Try this one instead
Malcolm Turnbullâs bid to cut energy bills for one million Australian customers
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MALCOLM Turnbull has secured an agreement with energy retailers, who have promised to write to more customers informing them of better deals.
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The Prime Minister met with energy bosses today in Sydney to ensure millions of Australians would be told they can switch to discount plans if required.
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âAs a result of the action from the two meetings weâve now had with the retailers, as many as 2 million Australian families and small businesses could save hundreds of dollars on their electricity bills,â he told reporters.
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âThis is a very big breakthrough, and itâs happening here and now. A lot of the things we are doing on energy are long-term, like Snowy Hydro 2.0, but this is helping Australian families now.â
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Mr Turnbull said energy retailers had agreed to contact customers who were on discounted plans that had expired and âlet them know that they were paying more than they ought to and
that there are better options availableâ.
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http://www.news.com.au/national/malcolm-...39aed19325
Malcolm Turnbullâs bid to cut energy bills for one million Australian customers
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MALCOLM Turnbull has secured an agreement with energy retailers, who have promised to write to more customers informing them of better deals.
Â
The Prime Minister met with energy bosses today in Sydney to ensure millions of Australians would be told they can switch to discount plans if required.
Â
âAs a result of the action from the two meetings weâve now had with the retailers, as many as 2 million Australian families and small businesses could save hundreds of dollars on their electricity bills,â he told reporters.
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âThis is a very big breakthrough, and itâs happening here and now. A lot of the things we are doing on energy are long-term, like Snowy Hydro 2.0, but this is helping Australian families now.â
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Mr Turnbull said energy retailers had agreed to contact customers who were on discounted plans that had expired and âlet them know that they were paying more than they ought to and
that there are better options availableâ.
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http://www.news.com.au/national/malcolm-...39aed19325
04-09-2017, 09:33 AM
Quote:Neither do I either.Â
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Because state Govts have a bigger role in job creation than the Feddies particularly in the case of Victoria.
Â
There are cranes everywhere and big infrastructure projects all over the place.
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So when someone questions my grasp of economics but says well done Feds for creating 200,000 jobs I don't think I have too much to worry about
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Heh Heh you just reinforced their point!!
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Well done PZ!! :Hug:
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Worrying would be the first step toward education.
04-09-2017, 10:00 AM
Quote:ÂÂ
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Heh Heh you just reinforced their point!!
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Well done PZ!! :Hug:
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Worrying would be the first step toward education.
why would I want to worry about you making false claims? Â :laugh:
04-09-2017, 03:43 PM
Let you know when I make one!