The latest monthly Freshwater Strategy poll from the Financial Review has the Coalition maintaining the 51-49 two-party lead it opened in the previous poll, from primary votes of Labor 32% (up one), Coalition 41% (up one) and Greens 12% (down one). Anthony Albanese is up a point on approval to 35% and down three on disapproval to 45%, while Peter Dutton is up a point on each to 37% and 40%. Albanese’s lead on preferred prime minister narrows from 45-39 to 45-41. The poll was conducted Friday to Sunday from a sample of 1061.
FUBAR
“ Ignoring the technical and legal problems – the State is broke. It can’t afford to waste that much money.”
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I see verbosity is no barrier to failing at maths and economics. Victoria’s State debt is 23% of GSP, very modest.
https://pbo.vic.gov.au/document/BudgetSnapshot2024-25#:~:text=The%202024%E2%80%9325%20Victorian%20Budget%20forecasts%20an%20increase%20in%20the,2023%E2%80%9324%20Budget%20Update%20forecasts.
Despite two surpluses delivered by the Albanese government Australia’s national. Debt is still almost double that – 43% of GDP.
Frydenberg, Morrison and Hockey managed to triple Australia’s national debt over ten years of Liberal misrule. No wonder the private sector didn’t want to touch them after their political careers were toast.
Socrates says:
Wednesday, August 21, 2024 at 7:47 pm
As far as I am aware they are all gainfully employed. Frydenberg working Goldman Sacha – small group. You might not have heard of them.
The 2024–25 Victorian Budget forecasts net debt will grow from $156.2 billion on 30 June 2025 ( $3.3 billion higher than the 2023–24 Budget Update forecast) to $187.8 billion by 30 June 2028. This reflects annual an average growth rate of 6.3% per year.
In the decade to 2023–24, net debt has increased by an average of 22.9% each year.
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22.9% down to 6.3%
Yeah right. Pigs might fly.
FUBARsays:
Wednesday, August 21, 2024 at 7:59 pm
Socrates says:
Wednesday, August 21, 2024 at 7:47 pm
As far as I am aware they are all gainfully employed. Frydenberg working Goldman Sacha – small group. You might not have heard of them.
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I’ve heard of Goldman Sachs, weren’t they one of the companies responsible for the GFC? With their dodgy financial practices record, Frydenberg should feel right at home.
https://www.afr.com/companies/financial-services/goldman-sachs-pays-7b-for-role-in-global-financial-crisis-20160412-go4igz
Kirsdarkesays:
Wednesday, August 21, 2024 at 7:08 pm
As for the Commonwealth games, who honestly cares?
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So you don’t care that they spent 600m trying to buy regional votes in the lead up to the 2022 election.
Right. I will keep that in mind when reading your posts in the future.
Actually the double standards on reporting on debt in the media is atrocious. Labor in power under Rudd and Gillard and debt is a big issue. Then the Liberals leave a debt five times the amount of Labor’s and push the national debt out to a trillion. And then suddenly debt is dropped without a trace.
Alot of the right-wing shock jocks are opportunistically avoiding the issue. Which shows them for the stand for nothing partisan actors they are after carping about Labor’s debt previously.
Taylormade @ #855 Wednesday, August 21st, 2024 – 8:11 pm
As if you did in the first place.
Political Nightwatchmansays:
Wednesday, August 21, 2024 at 8:14 pm
Actually the double standards on reporting on debt in the media is atrocious. Labor in power under Rudd and Gillard and debt is a big issue. Then the Liberals leave a debt five times the amount of Labor’s and push the national debt out to a trillion. And then suddenly debt is dropped without a trace.
Alot of the right-wing shock jocks are opportunistically avoiding the issue. Which shows them for the stand for nothing partisan actors they are after carping about Labor’s debt previously.
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If Frydenberg actually delivered a budget surplus. Some of the MSM would have sung his praises for months. They basically did just that for him only predicting a budget surplus. Which we all know how that went south, a few months later. Yet when Labor manages two in the row. All the MSM can say is, that is so 2019. Nobodies interested in them any more.
Political Nightwatchman says:
Wednesday, August 21, 2024 at 8:14 pm
OMG. People doing politics who you don’t agree with.
What next?
Secret ballots?
FUBARsays:
Wednesday, August 21, 2024 at 8:33 pm
Political Nightwatchman says:
Wednesday, August 21, 2024 at 8:14 pm
OMG. People doing politics who you don’t agree with.
What next?
Secret ballots?
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A bit rich coming from you. Who is always complaining about any opinion on here which isn’t aligned with yours.
Kirsdarke says:
Wednesday, August 21, 2024 at 7:08 pm
You might not care about the Comm Games but many do.
Even if you don’t, throwing away $600,000,000 of taxpayers money to win an election is a low act. Almost as bad as throwing away $1,000,000,000 on not building a tunnel – but it probably still wouldn’t be built by now and be multiples over budget.
Entropy says:
Wednesday, August 21, 2024 at 8:37 pm
I only complain about lies and defamatory comments.
Entropy says:
Wednesday, August 21, 2024 at 8:04 pm
If you really have a shit about the GFC you’d know that it was the ratings agencies that were the real culprits, not the banks. But you don’t and you probably have no idea why they were responsible.
FUBAR says:
Wednesday, August 21, 2024 at 8:47 pm
Entropy says:
Wednesday, August 21, 2024 at 8:37 pm
I only complain about lies and defamatory comments.
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You have a better post today. Just 😉
FUBARsays:
Wednesday, August 21, 2024 at 8:52 pm
Entropy says:
Wednesday, August 21, 2024 at 8:04 pm
If you really have a shit about the GFC you’d know that it was the ratings agencies that were the real culprits, not the banks. But you don’t and you probably have no idea why they were responsible.
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So they were given a $7 billion fine. Which i believe they accepted and didn’t challenge, for doing nothing wrong?
https://www.afr.com/companies/financial-services/goldman-sachs-pays-7b-for-role-in-global-financial-crisis-20160412-go4igz
Though note my earlier statement doesn’t claim they were solely responsible or even the company most responsible for it. I just said “one of the companies”.
“I’ve heard of Goldman Sachs, weren’t they one of the companies responsible for the GFC?”
Ron Coote is named as the 14th NRL immortal
I only raise this because it reminds me of a grand final some years ago when the immortals were presented to the crowd.
H.G. Nelson: Roy, where is Clive Churchill?
“Ramping” Roy Slavin: he’s dead Roy
H.G.: not as immortal as we thought.
Rampaging
Thank you Fubar – Roy has never been an Ambo.
OC
Yes Roy and HG, very funny.
Coote to McCarthy, McCarthy under the posts. Those 1971 grand final tries by the Bunnies (win over Dragons 16-10) were as good as anything they score today, amazing skill.
Great attacking player Coote, and never been a cover defender like him, maybe Brad Clyde came close. What Scott Sattler did in the 2003 grand final, Coote used to do every week.
p.s I’m not that old, I promise lol
Followed game from a very young age 🙂
Not much cred if they’re inducting Les Boyd, imo.
What was his special skill again, maiming other footballers?
edit:
“Ramping” Roy Slavin: he’s dead Roy
he’s dead, HG, perhaps?
Centre
I was a follower of the Newcastle competition and bitterly disappointed when Ron Coote rather than my French Teacher John Cootes was named in the 1967 Kangaroos.
Father John got his chance a few years later.
Badthinker
Wow, the Fibro v Silvertail days.
Les Boyd and Terry Randall WOW
OC
Yes, I remember Father John Cootes, he was a great player for Country when they played City. Mid 70’s from recollection.
Ok. I admit it, I’m very slightly older than Tim Walz – but I look much younger I promise!
Hang on, I’ll go check in the mirror…
Yep, all sweet 😀 😀
Les Boyd is in the Hall of Fame rather than an Immortal
But more importantly from a PB perspective became a politician post football and is a councillor on Cootamundra-Gundagai Council. Although apparently not standing for re-election
Yeah, about that time of year when we’re all meant to care about Sportsball player blokes.
Bit of humour tonight, Bludgers.
Night…
Recently saw Les Boyd referred to in a Cootamundra local paper as a “respected sports role model”, an interesting description of someone who served year-long bans for acts of on-field violence on two separate occasions.
Entropy says:
“I’ve heard of Goldman Sachs, weren’t they one of the companies responsible for the GFC?”
__________________
I believe I read that GS actually did very well out of the GFC. They were the first to dump their ‘dogshit’ mortgage products and they even profited from other firms when things turned around a year or two later. I don’t know all the details but that it what I read.
The movie Margin Call is supposedly based on GS reaction to the GFC. Very good movie. Jeremy Irons, Kevin Spacey, Stanley Tucci. Can’t go wrong there.
BT says:
Wednesday, August 21, 2024 at 9:58 pm
Recently saw Les Boyd referred to in a Cootamundra local paper as a “respected sports role model”, an interesting description of someone who served year-long bans for acts of on-field violence on two separate occasions.
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You’ve never punched anyone in the head? And here you are a respected Poll Bludger contributor.
Socrates says:
Wednesday, August 21, 2024 at 7:47 pm
Thanks for this. I still subscribe to Crikey, because even if I find their commentary a bit trite, and obviously looking for clickbait, it is a relatively balanced independent new source.
And I love Bernard Keane’s articles generally, and he had a lovely cutting and witty turn of phrase.
But I find it hard to work out why he thinks the Berejiklian government in NSW was one of the “best governments” in Australia, while he regards the Victorian state government “…[as] the highest-taxing, least competent and most corrupt government in the country”.
So thanks for providing the statistics!
Edit
Link: https://www.crikey.com.au/2024/08/21/federal-takeover-nsw-liberal-party-disaster/
“Les Boyd is in the Hall of Fame rather than an Immortal”
Putting aside the elephant in the room of Les Boyd’s onfield violence and lengthy suspensions. Boyd despite making the hall of fame was considered a under achiever during his career. I know there was a view he could of been so much more as a player. Boyd admitted that he could of done more but lacked the motivation during his career. But he was before my time, so I’m only going on what was said.
I know there was also a view that Boyd played in one of the roughest rugby league eras. And when the NSWRL decided to clean it up in the eighties, Boyd never got the message resulting in the lengthy suspensions.
“22.9% down to 6.3%
Yeah right. Pigs might fly.”
That 22.9% includes the debt incurred in the pandemic years. You might have heard of them.
I guess we’ve got a few years yet of people trying to foist stats on us that try to average out the last decade like it was homogeneous, or which use a pandemic year as the base year.
OC
Thanks for this snippet of memory.
Father John Cootes said masses at the Sacred Heart Cathedral in Hamilton, which was my “local” at age 8 or 9.
My father taught history and English at what was then Newcastle Boys high school. He was also a rugby league tragic, following Parramatta after growing up in Katoomba during “the war” when Parramatta were called the bushies.
So, he knew who Father John Cootes was, and we used to preferentially go when he said Mass.
@Douglas and Milko – I cancelled my Crikey subscription years back and gave Keane’s sucking up to Berejiklian and irrational hatred of Dan Andrews as the reason alongside the continued employment of Guy Rundle (and that was before Rundle blotted his copybook yet again over Brittany Higgins, demonstrating why Crikey displayed terrible judgment in keeping him in the first place). Keane is pure rage. Fun enough when aimed at a common enemy like the Murdochs but just got old real fast.
Arky says:
Wednesday, August 21, 2024 at 11:12 pm
I didn’t think the pandemic was acknowledged as a reason for the size of debt, well at least not for an LNP Government.
But I find it hard to work out why he thinks the Berejiklian government in NSW was one of the “best governments” in Australia, while he regards the Victorian state government “…[as] the highest-taxing, least competent and most corrupt government in the country”.
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Being in Melbourne, with probably very good sources and with his ear to the ground he would likely be hearing all kinds of things that may or may not be true about corruption. I think a lot of people have. Who knows what the truth to many of these rumors are. Perhaps time will tell, perhaps not. Of course the relationship between the government and CROWN may be what Keane is referencing. Or perhaps it is this:
https://www.theage.com.au/politics/victoria/jobs-for-mates-culture-corrodes-trust-in-victoria-20230706-p5dm7q.html
Probably Keane is influenced by this
Keane is right that however ordinary Victorian Labor look on a bad day they are aided by the ghouls and weirdos that have spawned into the Victorian Liberal Party. And there are a host of former Liberal seats that are now held by Labor that attest to that.
Greyhound – well worth another virwing.
I would add that perhaps Keane is influenced by an appreciation that the NSW moderates have been very successful in the NSW Liberals.
If the Victorian Liberals reflected the society it wants to govern it would be the most moderate Liberal organization in the country. It is not.
Perhaps the problem and the comparison is that NSW has had Michael Photios and Victoria has had Michael Kroger.
New thread.
Taylormade says:
Wednesday, August 21, 2024 at 8:04 pm
…
In the decade to 2023–24,
…
A decade is 10 years long not one. When it comes to your drivel, it is probable best if you stay away from numbers.
Why we have high living costs.
The normal culprits. Profit gauging capitalists.