F O U R T H E Y E

Why are you winking?

"We make up around 1.3% of all global emissions. We could shut down ALL industry in Australia - TWICE - and it would not make one iota of difference to average global temperatures". - Alan Finkel, Chief Scientist Australia

So much for your "Election of climate change, Bill". The public have spoken.

Oh, the ASX is up a massive 110 points today.

Thanks Scomo!!!

It's not about the impact our country can make as in individual, more about being part of a responsible global community. We could be leaders in this area, embrace the technological advances and safeguard our economy for future generations.

Or we can keep digging up rocks and burning them until it runs out.

Had a few days to mull over the results and the main reason to me why the ALP lost was anyone over 50 who was thinking about their retirement and their parents nest egg would have been worried about Labor's new taxes. Bowen stupidly even goaded them into not voting for Labor by saying 'If you don't like our policies don't vote for us' and well, they didn't.

It's human nature to vote with your hip pocket, especially coming up to your 'golden years'.

Climate/energy policy I don't think had any major impact on this election, it was Labor pissing off older voters.

As to the polls and how wrong they were well, lol. That is a massive can of worms as you can't point to them anymore as to how a party is or is not going.

Still feel there is much needed reform on how trusts are taxed and how property is treated more of an investment then a primary place of residence.

Considering how passionately you were championing LNP this election hats off to ya for such a level headed comment mate. I have some very left centric friends on social media and fuck me are they carrying on.

Something that gave me some hope today was a local MP up my way Warren entsch was a big influence getting change for gay marriage in the Senate. This will be his last term before retirement and he's saying he wants his last legacy to be a battle against plastic. While it's fucked we are going to continue burning the shit out of coal and denying climate change for a few more years, at least there's someone down there with some pull, championing the need to reduce plastic

Busty McCracken wrote: ↑Mon May 20, 2019 3:58 am Considering how passionately you were championing LNP

Nooooooooooooooooooooooooooooooooooo

Well I couldn't make my compliment to soppy now could I . Had to Chuck in a smartarse comment somewhere

https://www.smh.com.au/business/banking ... 51q00.html

Treasurer Josh Frydenberg has highlighted the "social responsibility" of banks to lend money as he backed a plan by the financial regulator that will lift the maximum amount of money a home buyer can borrow.

Your gunna reap what you sow you fucking CLOWNS

tys0n wrote: ↑Tue May 21, 2019 11:02 pm https://www.smh.com.au/business/banking ... 51q00.html

Treasurer Josh Frydenberg has highlighted the "social responsibility" of banks to lend money as he backed a plan by the financial regulator that will lift the maximum amount of money a home buyer can borrow.

Your gunna reap what you sow you fucking CLOWNS

Home lending has been extremely restrictive in recent times. A friend who has just gone through the process has told of the minutia they check on including subscriptions to streaming services (so they'd do well to take a leaf from your book I gather and mine truth be told).

They have raised interest rates and tightened up on investment lending too. In terms of giving home buyers a good run at the market I think interest only loans are where they need to focus(ie restrict them) although with Sydney and Melbourne markets you'd be crazy to bank on capital gains.

Cost of living is the absolute most scrutinised item in home lending at the moment and foreseeable future.. for a very long time the minimum living index was used which was a figure used based on your income against your circumstances Eg , are you single or married + any dependants .

These days every applicant is treated different to the last and the shorter your servicing margin for a loan the more scrutinised you will be. Calculator goes like this:

Income
Less debts and cost of living
Equals = tiny surplus. Expect a fine tooth comb through all of your transactions

Income
Less debts and cost of living
Equals Large surplus: either be able to demonstrate where that surplus is going each month (eg savings , paying over your current loans minimum repayment) or once again expect fine tooth comb

HA HA HA HA HA HA HA HA...

Keneally, Shorten and Bowen on the front bench.





Congrats, Scomo. You're in for the long haul....

Ahahahahahaha Israel folaus go fund me page has Been taken down! Suck it

Hearing that 8 Australian children have been rescued from a Syrian refugee camp and brought home warmed my heart.

No political grandstanding involved, the government just got the job done.

No child should suffer for the sins of their father (or mother).

tys0n wrote: ↑Sun Jun 23, 2019 7:09 pm Hearing that 8 Australian children have been rescued from a Syrian refugee camp and brought home warmed my heart.

No political grandstanding involved, the government just got the job done.

No child should suffer for the sins of their father (or mother).

I agree although I do think that the the media involvement in this case, and a tenacious grandmother, applied pressure that pushed things along more quickly and positively than may have happened otherwise.

Our track record for helping Aussies abroad is not always stellar.

YEWL $1080!

Hookers and blow!

How good are tax cuts!

What's the go, basically once ya do ya tax return they just credit it separately as $1080?

Your tax return will determine your eligibility for it. You will get your normal refund plus this all in one payment I presume.

Busty McCracken wrote: ↑Thu Jul 04, 2019 8:55 pm What's the go, basically once ya do ya tax return they just credit it separately as $1080?

Yeah nah, it comes off the tax you owe or it's add to the tax you'll be refunded.

If you earned:

Under $37,000 – you will get $255 back.

Between $37,000 and $48,000 – $255 back plus 7.5% of what is over $37,000 (so that’s between $255 and $1,080).

Between $48,000 and $90,000 – $1,080 back, flat. No calculations needed.

Between $90,000 and $126,000 – $1,080 back but minus 3% of what is over $90,000 (so between $1,080 and $0).

Over $126,000 – zero.


So it looks like Hellboy the fat cat gets nada

Sadly you over estimate South Aussie wages. $1080 is ok though, but it's small penance for fucking over the environment and future generations.

I mean all the fat stacks running this site brings in.

I thought it's capped at $90K from what I'd seen as stage one or something?

I listed the cut offs busty, geez

The way I read it, youre saying folks who earn over $90K still get $1080 less 3% off what's over that amount. What I'm asking is, I thought I'd read this stage one roll out was limited to earnings up to $90K. E.g. if someone earns say $91K they aint getting shit until stage two roll out in 2022 or something?