Gillards Boat's Baby Bonus + maid + Cosmetic surgery

[Rorschach]

Why are at least half the refugees assessed by immigration as being economic refugees?

Now that's a porky. I said "most" of the refugees and many of them are displaced families from Iraq and Afghanistan where the Taliban still rule. God help any Afghani citizen who had anything to do with the yanks - military or otherwise. It's no surprise they're still fleeing.

That's not a "porky" mantra that's a f'cking question.
Do learn to stop lying.

I await your answer.

[Rorschach]

You are such a childish wanker... I was expecting that.

And you are a half wit by making a stupid statement saying that people are paying off their mortgages early because they can't afford to.

Show me the proof that one reputable economist has said such a thing.

Doh!

Idiot... Are you living under a f'cking rock.
Saul Eslake stated as much on the radio in the last week or so.

[mantra]

You are such a childish wanker... I was expecting that.

And you are a half wit by making a stupid statement saying that people are paying off their mortgages early because they can't afford to.

Show me the proof that one reputable economist has said such a thing.

Doh!

Idiot... Are you living under a f'cking rock.
Saul Eslake stated as much on the radio in the last week or so.

Then he's a dimwit too.

People only pay off their mortgages quickly when they've got the extra spare cash to do so.

[IQS.RLOW]

No, they reduce their discretionary spending which hurts the economy because they have no confidence in the govt.

All because of idiots like you that voted the dickheads in.

[Rorschach]

Why are at least half the refugees assessed by immigration as being economic refugees?

Now that's a porky. I said "most" of the refugees and many of them are displaced families from Iraq and Afghanistan where the Taliban still rule. God help any Afghani citizen who had anything to do with the yanks - military or otherwise. It's no surprise they're still fleeing.

As most of us know Sri Lanka is one of and often the top place where boat people are coming from these days.

Economic refugees exploit generosity
* From: The Daily Telegraph
* October 12, 2012 12:00AM

AUSTRALIA'S humanitarian intake program is one of the most generous in the world.

We take our responsibilities as a global citizen very seriously and our sense of a fair go means we are prepared to offer help and protection to those genuinely in need.

Sadly, we now have strong evidence that that generosity is cynically exploited by people who are seeking not to save themselves or their families from persecution but merely to "trade-up" countries.

This is an outrage - not just against us but against the millions of genuinely oppressed or dispossessed refugees worldwide and most especially the thousands whom we are forced to say no to because our intake quota is filled by boat arrivals, many of whom now appear to be of dubious authenticity.

We have discovered already that even just the prospect of being sent to Nauru has seen many Sri Lankan boatpeople suddenly decide that life is not so bad back home after all, and opt to suddenly repatriate - unlikely behaviour from anyone genuinely in fear of their life.

And now we have the fullest picture to date of the reasons for this: That many of those seeking asylum from Sri Lanka are not the poor and desperate but the wealthy and opportunistic, lured to Australia by better economic prospects or promises from family members or people smugglers.

It is time for the government to act decisively on this matter once and for all. We know that temporary protection visas work for the simple reason that they are a godsend to people in genuine danger yet worthless to anyone simply trying to climb the international ladder. Labor must reintroduce them now.

We cannot afford this influx of exploitation strategically, financially or - for the sake of those genuine refugees out there - morally.

and that's no "porky"

[mantra]

No, they reduce their discretionary spending which hurts the economy because they have no confidence in the govt.

All because of idiots like you that voted the dickheads in.

Oh you mean people have been cutting up their credit cards and investing their spare cash into something tangible like their homes? You obviously believe we're far better off getting into more personal debt and buying a heap of cheap imported rubbish thereby increasing our trade deficit and giving the banks a bonanza in excessively high interest rates.

[mantra]

For Rorsch and IQ - from the conservative Australian.....

Aussies are $160bn ahead on mortgages

AUSTRALIAN families are now $160 billion ahead on their mortgages, squirreling away an extra $30 billion since the start of the GFC.

About half of the nation's three million home-loan customers have taken advantage of low interest rates to pay down debt at a pace the likes of which has never been seen.

New Reserve Bank of Australia figures show borrowers are a record 14 per cent in front on their combined $1.14 trillion of housing loans.

In March 2008, as the global financial crisis was beginning to take effect, the mortgage buffer was 11 per cent.

"People are paying down their homes, they're not drawing down on equity to pay for things which were going on during the GFC,'' said Australian Bankers' Association chief executive Steven Munchenberg.

"House prices were going up and people were using the equity to invest or spend, but it would suggest they are not doing that now, they are very happily paying down their mortgages as quickly as possible.''

http://www.theaustralian.com.au/news/au ... 6609151657

[Black Orchid]

You obviously believe we're far better off getting into more personal debt and buying a heap of cheap imported rubbish thereby increasing our trade deficit and giving the banks a bonanza in excessively high interest rates.

Amazing what is "obvious" to some. I didn't read any such thing into the post.

Shrugs

[IQS.RLOW]

Mantra obviously believes in supporting the big greedy banks and their bottom line

[Rorschach]

17 July 2012

- Rising utility bills is the biggest concern for consumers
- Two-thirds of Australians are changing spending habits to save on living expenses
- One-fifth of consumers have no spare cash after living expenses are paid

Sydney, AUSTRALIA (July 17, 2012) – Australian consumer sentiment and purchasing intentions remain low as fears about living expenses continue to plague consumers, according to the latest figures from Nielsen, a leading global provider of information and insights into what consumers watch and buy.

Rising utility bills were cited as the most or second-most pressing concern by two-fifths (40 percent) of Australians – a figure that has been increasing throughout 2012. The second biggest concern was job security at 14 percent, closely followed by the economy at 10 percent.

Chris Percy, managing director, Nielsen Pacific, said: “Consumers are preoccupied with factors such as deteriorating economic conditions overseas and the increasing cost of living. Continuing frustration over the banks not passing on interest rate cuts in full and ever-increasing utility costs is doing nothing to bolster sentiment.”

“Australians are being hit hard by the increasing cost of living, and a lack of confidence in the marketplace will only serve to further impact discretionary spending as people opt to keep their wallets firmly in their pockets,” added Percy.

Nielsen also found that almost half (47 percent) of Australians are putting a portion of their spare cash into savings and 30 percent allocate surplus funds to pay off debts including credit cards. However, nearly one in five Australians (19 percent) now claim to have no spare cash after living expenses are paid.

http://www.nielsen.com/au/en/news-insig ... ed-pu.html" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;

In September 2008, household net savings sat at just over 2 percent in Australia. One year later in September 2009, they peaked at 10 percent, a level not seen in 22 years. While such a savings rate is admirable, a rapid change potentially means a lot less disposable income being spend on products and services underpinning employment. This is likely to see a significant contraction in retail sales and an increase in unemployment.

http://www.whocrashedtheeconomy.com/blo ... d-savings/" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;

http://dnb.com.au/Header/News/Fewer_Aus ... _9525.aspx" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;

http://www.smh.com.au/business/consumer ... 2dht4.html" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;

http://www.smartcompany.com.au/finance/ ... eport.html" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;

http://www.whocrashedtheeconomy.com/blo ... e-housing/" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;

etc...etc...etcetera