/aus/ - Australia★

good thread

I don't fin so

>>119405 (OP)

> Finland was a relative latecomer to industrialization, remaining a largely agrarian country until the 1950s. It rapidly developed an advanced economy while building an extensive Nordic-style welfare state, resulting in widespread prosperity and one of the highest per capita incomes in the world.[13] However, Finnish GDP growth has been negative in 2012--2014 (−0.698% to −1.426%), with a preceding nadir of −8% in 2009.[14] Finland is a top performer in numerous metrics of national performance, including education, economic competitiveness, civil liberties, quality of life, and human development

> Bloody dole bludgers making erryone poor!

think about something rude and hurtful

and then say it

>>119505

you had so much potential when you were younger

but look at you now

>>119582

>you had so much potential when you were younger

naaaaah no hope then either

>>119405 (OP)

FUCK OFF CUNT

>>119671

howdy fellow sydneyfag

>Australian memes

>Implying Aussies are capable of making memes

Here's a stale set of memes

>>119821

> mother britain wants to be more like the aussies

> imports a bunch of africans

never go full murican

> Federal treasurer tells WA to explain to the states/him how fixing the gst carve up is in the nations interest

Because there's no problem with having a couple of states running at different paces, there's a problem with the federal government trying to do things for each state individually, and applying it nationally

Seriously though, 70% of wa's gst (~ 5 bill total) is probably only what of the 20 - 30 bill totals the housing-boom states are pulling

share the load a bit eh, you've already taken the whole income tax

>>119405 (OP)

WA GST Carve up: -30%

How about a GST payment plan so we can keep our money for now, let it balance out a bit lol

How about limiting the fed to 50%

Bloody Common-thief

There's what 99 other taxes you might consider sharing out, instead of sharing from the only tax the states are `federally' entitled to

Boo, fuggen haven't properly funded the states since ww2 and you wonder why healthcare is eating 1/3 the budget

Wonder why these house prices are booming, gotta live closest to the fuggen cash hemorrhage if you wanna buy a house or five

Nobody wants to live in a state with a fuggen chinese childrens hospital, where they can't afford anything but asbestos panels and lead water pipes

And you got the cheek to even mention that we're running deficits? We run surpluses and deficits at the same fuggen time with these geniuses in charge

We'll think about fixing the gst when we feel like lifting your gst share back up to relatively normal levels, whenever that will be

> Such responsible

> Why is the Northern Territory the only territory?

> The votes of people living in Territories are given lesser weight than votes from States in a federal referendum. In federal Parliament territories are represented by two Senators. … Territorians can be discriminated against by living in the NT or ACT because the Constitution only applies to states.Jul 23, 2015

Really, all this shit about constitution and it doesn't even apply in canberra?

>>121415

As someone living in Canberra I'm perfectly happy with a Tasmanian's vote being worth 6 times mine in the Senate

Imagine how bad another 5/4 labour, 4/3 Liberal and 2 Green senators would be

>>121416

Nothing really actually happens in the senate though anon, it's a token extension of state government to make it look like we're involved

> senators job description

participating in the investigative work of parliamentary committees

attending to letters from individuals and organisations who are seeking information or putting a point of view

meeting with delegations, visiting community groups and receiving petitions

examining proposed new laws and regulations

studying parliamentary and government reports

keeping in touch with public opinion by reading a variety of newspapers and journals

monitoring current affairs programs on radio and television.

speaking at public meetings, conferences and party meetings

participating in current affairs programs on radio and television and preparing statements for the media

participating in the work of parliamentary and party committees

writing letters and submissions to ministers, government agencies and interest groups

publishing articles and letters in newspapers, magazines and newsletters.

> house of reps job description

Makes laws

Determines the Government

Publicises and scrutinises government administration

Represents the people

Controls government expenditure

>>121441

>> house of reps job description

>Represents the people

haha good one

> All bills must pass the senate, but if the senate rejects a bill twice they all get thrown out

> The senate can make laws, but they cannot involve any spending or collecting of revenue

> the house of reps has the power to override most state law /constitution / court ruling

> international agreements can also be used to grant otherwise unconstitutional authority to the house

> conditional funding also allows the house to further control state business

>>121443

It might be nice to limit the house of reps to no more than twice and no less than half the number of senators per state, just to start to rebalance from one state's population hijacking the country

there's currently 12 sen.s per state so we'd still get 24*3 + 16 + 11 + 6+2+2 = 109 in the lower house

>>121311

why does qld get about the same funding as vic even though vic has 1 million more residents?

>>121329

why we're not america, faggot-san. our fed is actually able to do stuff.

>>121527

like making its own decisions, and lowering house prices ?

To be fair, it's not really the feds job to fix the house prices

But you can't expect them to let the states take care of their own affairs either, so its still their fault

> The two characteristics that distinguish Mrs Purvis from the "typical" NSW person is that she does not have one parent born overseas, nor does she own her home outright.

> But in these two respects, she is an exact match for the typical Australian: both her parents were born in Australia, and she is paying off a mortgage.

- 2016 census

> 6 days ago - A report shows how the postwar ideal of home ownership is not realistic for a younger generation. … Home ownership by millennials in Australia is the second-lowest of nine countries with just 28 per cent of … Related Quotes.

> Derryn Hinch tells millennials that owning a home is a dream, not a right

>>121625

If you are dumb enough to be looking for a million dollar house in Sydney when you can get one half the price elsewhere it is your own fault.

non-productive capital flows (ECB, Fed, PBoC), money laundering

negative gearing, CGT discount

land banking/urban growth restriction

joo'ed and masoned as all fugg

quit shitposting each other ffs

>>121645

What are you complaining about for? Their property is far more valuable.

>do you think this is reasonable?

The value is set by the market, if everybody wants houses in Sydney and are willing to pay then that is what the price will be, go elsewhere and it is much cheaper.

>>121627

The census actually says that most, or at least +50% of people in NSW own their home outright, where +50% elsewhere are either renting or have a mortgage, even with the price differences

> NSW residents are practically most able to own their own home

> 20% of the countries population lives in sydney

> 60% of NSW population

> 40 of the 43 foreign banks operating in Australia are based in Sydney, including the People's Bank of China, Bank of America, Citigroup, UBS, Mizuho Bank, Bank of China, Banco Santander, Credit Suisse, State Street, HSBC, Deutsche Bank, Barclays, Royal Bank of Canada, Société Générale, Royal Bank of Scotland, Sumitomo Mitsui, ING Group, BNP Paribas, and Investec.

> The Financial and Insurance Services industry now constitutes 43% of the economic product of the City of Sydney.

The government could also take it's own advice a bit and create a common-super, 10% of 20% gdp is about the same as the target military spend or those three state taxes

Works out as 1500 per person just this year

Of course they'd be tempted to reclaim some amount if it even were to be brought in, minus 10c for each extra dollar contributed ?

On 150K you must pay 15K super / gov contribution 1500 - 1500

Could also open it up for using on things like medical costs, what good is superannuation if you don't make it to 60-70 years old

>>121721

> DEMAND for Sydney housing is sky fucking high because every Obied, Chink and Pajeet wants to live/invest their property portfolio in Sydney.

Yes, that is the market.

>why don't they increase the supply to meet demand?

They are, the housing industry is the new mining boom, they are building houses everywhere. The problem is they all want houses in Sydney, you can't just build houses where there already are houses and as I said, these other ones are much cheaper but people want the expensive Sydney ones.

>THEY ARE THE SAME HOMES AS THEY WERE IN THE MID 80'S YOU DOLT!

Yes but people are WILLING to pay more for them now, as I said, it is the market, they would not cost so much if nobody was willing to pay for it.

>DO YOU THINK THIS IS REASONABLE?

Yes.

>>121760

>not you don't get it, it's the market so it's ok

>t. retard

> “That is literally the $1.2 million question, given Sydney prices, how on Earth have people managed to pay off their mortgages?

> “It strikes me as a bit odd,” Mr Oliver said, “that someone could buy a house and have paid off a mortgage by the time they are 38 (the median age for NSW residents).”

> “Taken on its own it suggests the typical person in NSW is having no problem with their mortgage and paying down debt pretty quickly,” he said.

Surprise, federal government is once again headlong into a state non-issue

Sydney council could start requiring some percent affordable rental units in all new planning to reflect > that owning a home is a dream, not a right

ITT: cunts who don't understand money supply

"Money is Power", or shall we say, "The Monopoly to Create Credit Money and charge interest is Absolute Power". (Alex James)

Amsel (Amschel) Bauer Mayer Rothschild, 1838:

"Let me issue and control a Nation's money and I care not who makes its laws".

>>121760

Don't bother, he probably is the autistic libertarian from the other thread

>>121847

It's a subtle difference i suppose, making the laws vs buying out the lawmakers