God save us

KEVIN Rudd has made a $200 million withdrawal from the budget’s secretive contingency reserve fund to prop up the car industry amid warnings his fringe benefits tax changes will smash domestic manufacturers In a separate measure, Labor has mandated a 100 per cent Australian-made target for the commonwealth car fleet.

The Prime Minister said supporting the car industry was critically important for the economy, as it provided an estimated 250,000 direct and indirect jobs.

If the car industry is so important to the economy why the hell did you do your honest best to cripple it with changes to the fringe benefits tax? I heard Senator Carr rattling on about how he was telling every government department, including the Army, that they had to buy local. The standard ALP rule of unintended circumstances applies.  Can’t you just see Rudd’s thought bubble appearing;

“I’ve got a geat idea to fix up our disasterous economic situation – let’s change the FBT….done.  Hang on, the industry is now reeling, looking to close down…mmm – let’s throw them $200 million – noone will notice – we are already $30 billion in deficit.”

No wonder Holden has today stated they are going to wait until after the election before committing money to expansion. Waiting for the adults to take over like most of the business investment decisions around the country….32 days to go. Trust the ALP on the economy – my arse    

8 comments

  • What a dodgy cluster of idiots we’ve elected in Queensland.
    Driscoll – Dowling – who’s next?

  • Craig Thomson – theft – use of whores – stealing money of low paid workers.  Gillard – sleeping sround and breaking up marriages – stealing money off low paid workers. Obeid – stealing millions off NSW punters. Dowling had an affair, apologised and didn’t steal any money off low paid workers.  

    Who’s next.

  • And once again Kev, you are talking about one thing then negative numbers comes up with his usual piece of educated rhetoric.

    • Like he never argues the opposite case to me – no point as it’s a fact so he raises another issue.  Rudd is screwing the economy but Numbers just counters – yes but Dowling had an affair

       

  • “Days after Prime Minister Kevin Rudd attended a live music fund-raising dinner in Melbourne, he has announced the federal government will spend $560,000 over three years on a new National Office for Live Music. The money will also pay for a national task force to produce a strategy to support live music.”

    Read more: http://www.canberratimes.com.au/entertainment/music/rudd-boosts-national-live-music-scene-20130727-2qr6t.html#ixzz2bHhWWqK8
    I’ve outgrown going to see live bands, but ignoring the idiocy of spending public (borrowed) money on propping up bands that can’t cut it commercially – surely in this day and age it is far easier for a band with a modicum of ability to get exposure, ignoring the plague of TV talent shows, a basic PC with free software can mix the recording, a $500 HiDef camera can do a basic music video and Youtube will not just host it for nothing, they’ll pay you if you get enough views, get enough fans that way and you can crowd fund an album (eg Adam Carolla just raised $1 mil in 2 weeks for an upcoming movie) or just sell tracks via itunes.
    So Mr Rudd, given that we are barreling towards $300 billion in debt, why the fuck am I paying to prop up a bunch of musicians who don’t have the drive or the ability to make it in todays market?
     

  • What “opposite case”.
    Why should my taxpayer dollar subsidise my brother’s Mercedes SUV that he uses to tow his boat to the bay on a good weekend?

    • I should have known you would have a “Mercedes SUV” story that fits into the 20% bracket. The other 80% of small businesses are having trouble already paying the carbon tax and now they face more costs on vehicles.

      Proof that it is a problem – $200 million offer top fix it.

  • Not a “story”- it’s reality.
    My brother, like lots of other business owners,  works hard and deserves his success, but why should my tax dollar subsidize his (or anyone else’s) lifestyle.
    He has always described the “work” car (an M Class) as a “bit of a joke”.
    BTW – the Carbon “tax” has made no difference to his business.

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