Backyard Aquaponics
A place to discuss aquaponics

the government can't stop rate rises. their role is to prevent them being required to begin with.<p>
Your solution of to simple stop spending doesn't help anyone if rates rise to the bad old days of 17%.
at the moment rates are still low compared to 50 year averages. Rudd's tax and government policy will be one THE driving factors in the direction the economy goes over the next 3 years.

we should all mark this point in time and look back carefully at it in 3 years.
sub 8% home loans, no national debt, 5% unemployment.
If Rudd can improve on that, more power to him. historically labor has been a dud when it comes to managing the economy

Thats all very well, but in three years time won't we still be seeing the effects of policies that have been put into place over the past "X" years, being a lot longer than 3 years...

No national debt? Thats easy when you sell of many of the governments (peoples) assets. Have interest rates and unemployment levels been due solely to the government, or are they following world trends and the resources boom? It's hard to say...

Perpetual economic growth is not sustainable..
I know I have linked to these before, but I'm doing it again because they are such a great example of the simple mathematics behind growth, whether that be economic, oil usage, population or whatever else you can imagine..

http://www.youtube.com/watch?v=F-QA2rkpBSY

Look on the bright side, we won't have to go back to work after xmas as everyone will be on STRIKE .

C'mon timmy, i'm no economist and dont pretend top understand half the shit, but look at the reasons the reserve bank has GIVEN for the rate rises. High inflation driven by unrestricted consumer spending..............

as for your sub 8% home loans................how many rate rises has there been since in the last 11 years? i got my place maybe 9 years ago rates were around 5% now my variable is at 8.57%..................so 5% to 8.75% under a lib gov. and lets incluse the next 0.25% rise as the RB has already eluded to it.

Booming economy, unbidden spending = high inflation

from wiki...................



i pitty rudd because no doubt that the general masses will blame him for the economic downturn when the resources boom slows.

oh, and since i'm in the mood.

i'm getting a tad sick and tired of the .25% increase that breaking people, line.

yes i got my house dirt cheap, and yes the interest rates were around 5%.

But ya know what? we budgeted on 10% and figured we could still afford it.

borrowing 400K just being able to make the repayments via two wages with minimal rate increases.............................yep, that smart.

FFS a 0.25% increase is about what a pack a day smoker spends on ciggies, if thats gonna break someone then they shouldn't have the loan.

simple as that. but we're now in a society of "who can i blame but me".

Yes, a US recession is very possible, very soon. I think it is going to be an interesting ride in the next few months with a new government. It is going to fluctuate for a while until the labor government finishes its Leading a Nation for Dummies book.

One thing JH did right was a strong and STABLE economy, we'll see I guess. As I said to a few people before the election, who ever gets in now will only last one term. Liberal OR Labor. With a recession looming these 3 years are not going to be about growth, more a struggle to maintain what the coalition has built up.

I am happy that WA has maintained its Liberal power somewhat. At least we can tell when change is not a good idea. I am a bit disappointed that my electorate lost such a fantastic MP. Unfortunately the needle has swung right around to the far left.

I have accepted the Liberal Defeat. I am happy WA has at least some sense... But I won't hesitate on the told-you-so's. I am saying it now and for the record, signing Kyoto will not be a good idea, Labor won't build large scale renewable energy, Labor will not pull out our troops in the next 6 months and I will not be able to afford a house anytime soon.

As long as wee have enough icecream and steak... we should be OK.

Rant over...

tim, is the troop rotation over in 6 months? (seriously, i dont know)

Interesting...... Is this for the sake of the economy?

i've said this before, kyoto will not come without economic price, but when did doing the right thing become wrong because of cost?

The son of someone I work with was scheduled for Iraq in June 2008 so it was always planned to go on for a while longer. I am not sure exactly how the troop rotation works. Our troops are not killing anybody, they are building schools, hospitals and training Iraq police. They need to be there. I am afraid too many labor voters didn't understand this...

Rudd promised 500 troops to be recalled practically immediately... although recalled and replaced is more likely.

Also some people should need a license to vote, seriously. I know someone, who absolutely hates Labor, for what ever reason. She also is very environmentally friendly. So to make a statement she voted greens...oops! Do people not know how our preferential system works (f**ked as it may be).

Also what stops someone from voting more than once? My electorate has 20 or more voting centers, what stops someone from going to all of them? They don't know who you voted for so are your votes still counted?

Ask every mining company and industrial manufacturing plant that has moved overseas in the last decade that question Steve

Did you actually vote Tim C......

How can you not know how the electoral process works?

And if you don't know ... how did you form the opinions you hold and what are they based on......

Sorry, but it would seem evident that it's not based on any research..... or understanding of the political process....

i think its a bit too general that comment Tim...........that is unless you did your own survey of liberal voters and they all agreed with Shithead(bonzai) having our troops over there KILLING and building etc....but hey...your in the know brother

If we do sign Kyoto we will exploit every loophole possible, just like very other nation that has signed. The government will still use it as an excuse though for higher taxes or some new green power tax. Which mainly just means us spending money planting trees to offset our carbon debt. Kyoto is too flexible as is to suddenly just "save the world".

Here: http://www.twnside.org.sg/title/twr125d.htm

We can't shut down our coal power stations, because of loss of jobs and because it is CHEAP. We won't stop mining coal because it is such a large export. Same goes with uranium, gas and oil. We are running out of space to grow 'carbon sinks' (trees) because Japan and Russia are taking up all the room.

Solar is out because of the current price and availability of QUALITY silicon (blame computer companies) not to mention such a low efficentcy. Wind is good, but the cost of transmission is too high, try getting away with 1000+ turbines in metro Perth. Hydro is out, because we don't have any water. Geothermal, again too expensive and transmission is too great.

Yes we have this vast landscape to build all sorts of fantastic technologies, the problem is that we are a nucleated civilization. We live in small clumps were habitation is remotely possible. They will not use this prime land for a solar or wind farm. But to generate power any distance from the cities is too expensive.

So our only option, using CURRENT and affordable technology is Nuclear. But Rudd has promised that we will not have any nuclear power stations... oops. Shot your self in the foot there.

They should start by making it compulsory for all new houses to have water tanks, solar hot water heating, at least 1KW of Solar Panels, double glazing, ceiling and wall insulation. And making it cheap to do so.

Heres an Idea, make renewable energies Tax deductible.

We can't rely on a government to wave a magic wand and save this planet, you are naive to think so. It all comes down to us as individuals.

Rupe, of course I voted. They asked for my name and penciled a line through my name in the book. They did ask me if I had voted already... I said NO of course. But what if I wanted to go the next poling place, and the next and the next. How long will it take for them to figure it out? Would they change they change the results. You can just deny u did do it. All they ask for is your name and address. A phone book will work. I am just pointing out one of the flaws in our voting system. I know it is illegal to do so, but what is stopping you doing it?

BK, tell me... Did the situation in Iraq effect your vote in any way? It was one of the big campaign promises. You can't deny this was a big and exploited issue.