Friday 29th of March 2024

MYEFO .....

MYEFO .....

If you go to Tony Abbott’s facebook page, at time of writing, you will find six threads about the Martin Place siege and one about the slaughter of innocent children in Pakistan.  Four days after its release, you will not find any comment about Hockey’s MYEFO.  That in itself should be cause for concern.

Tony Abbott has admitted he has little interest in the “dismal science” of economics and it appears he is hoping that applies to the rest of us.  He is sticking to his forte – death cults and shirt-fronting.

Despite telling us all to carry on our lives as normal, he seems determined to class the acts of one deranged individual as a terrorist attack on home soil.

When Australians responded by showing solidarity with the Muslim community through the “I’ll ride with you” campaign, the odious Miranda Devine found a new target.

“Thus it was that on Monday, while real people were suffering at the hands of an Islamic State-inspired terrorist in Martin Place, hashtag activists sprang to the defence of theoretical victims of an Islamophobia that wasn’t occurring.

The meaningless, narcissistic, one-sided nature of this “near silent encounter” perfectly symbolises the leftist ­approach to Islamist terrorism.

Denial, deflection, projection. They see themselves as morally superior to the rest of Australia, which they imagine as a sea of ignorant rednecks. In their eyes the threat is not terrorism but Islamophobia.”

This view was endorsed by LNP member for Dawson, George Christensen who tweeted

“#illridewithyou is a typical pathetic left wing black arm band brigade campaign, casting Aussies as racists who will endanger Muslims”

The colourful characters who frequent Andrew Bolt‘s blog joined in with a barrage of hate.

Whilst Abbott, Devine, Bolt and Christensen continue to pander to the minority of xenophobic racist rednecks, others have been commenting on the policy direction of this government and none of it is good.

Firstly, Joe Hockey has cost us $28.6 billion in foregone revenue over the forward estimates through his own decisions.

Carbon Tax                                        $12.8 billion

MRRT                                                $3.4 billion

FBT on cars                                       $1.8 billion

Tax on super earnings                       $313 million

Work-related self-education               $266.7 million

Closing corporate tax avoidance         $775 million

RBA                                                    $8.8 billion (classed as foregone dividends)

Add to that his spending on Direct Action, the “war on terror” at home and abroad, and the extra spending on Operation Sovereign Borders and PPL and we would go close to wiping out his deficit of over $40 billion.

So when you hear the girlinator Cormann talking about Layboor’s debt and deficit disaster, understand you are being sold snake oil by a con man.

Speaking of con men, the G20 leaders must be wondering about our commitment to join the war on corporate tax avoidance which has been shown to be yet another example of Joe “over my dead body” Hockey’s ‘tell em what they wanna hear’.

The head of the Australian Tax Office, Chris Jordan, has described a tax lurk for multinational companies that is being retained by the Abbott government as having been “abused” by foreign corporations at a cost of “hundreds of millions of dollars” a year to the Commonwealth but Hockey, following consultation with the big four accountancy firms and the Corporate Tax Association, which represents the biggest listed companies, decided not to tinker with section 25-90 of the act.  And they had the hide to criticise Gillard and Swan for caving in on the mining tax though that was one time I found myself in agreement.

And they will have more pressure coming as the world insists that we take action on climate change.

During an appearance before a British parliamentary committee meeting held early Wednesday morning Australian time, British Prime Minister David Cameron was asked by an MP whether there was hope Australia would do more because “the new Australian government is in denial” on the issue.

Mr Cameron did not disagree and told the hearing there was hope Australia would step up its efforts.

“Australia will respond to international pressure and do more on climate change because it will not want to be seen as the “back marker”.”

The new revised GP co-payment has also been blasted.

The Australian Medical Association (AMA) has expressed its formal opposition to the Federal Government’s new co-payment model, labelling it a “wrecking ball”.

“That this should be instituted and ready to go by January 19 is, I think, absurd,” Associate Professor Owler said.  “Particularly when there has been absolutely no consultation on this issue.”

The OECD was also not impressed with Hockeynomics slamming his budget measures and stating that ‘close monitoring’ was required mentioning everything from changes to Newstart and pensions through to Direct Action, deregulation of uni fees, and choice of infrastructure spending.  They were particularly critical of superannuation tax concessions.  The overall implication was “you haven’t thought these measures through”.

And as Abbott has his photo taken in front of lots of Christmas trees, presents are being delivered around the country.

Up to 100 ABC journalists have been told they will become redundant and ADF personnel will face rent increases as well as other charges for live in accommodation and meals.

Australia has transformed into the global Scrooge just in time for Christmas, with spending on foreign aid set to plunge compared to other wealthy industrial countries.

An analysis of Treasurer Joe Hockey’s $3.7 billion cut to the aid budget announced on Monday – on top of the $7.6 billion cut in May – reveals that Australia’s generosity towards the world’s poor will fall to an all-time low.

Australia will soon devote a paltry 22¢ cents in every $100 of national income to foreign aid – less than half the amount spent by the Coalition government more than 40 years ago.

This is the news Tony Abbott and his band of elves don’t want you to discuss as they take from the poorest in the world to give generously to wealthy corporations and mining companies.  Gina and Rupert should be well pleased.

Merry Christmas Gina and Rupert