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2011 Budget

PostPosted: Tue May 10, 2011 7:15 pm
by Bully
All talk for the upcoming budget here. Hearing rumours about tax benifits for tradies for car allowances . Maybe the labor government is good for something after all... :D

Re: 2011 Budget

PostPosted: Tue May 10, 2011 8:26 pm
by Bully
good to see the upgrade of the pacific highway going ahead....oh i forgot to add


HERE HERE ;)

Re: 2011 Budget

PostPosted: Tue May 10, 2011 8:36 pm
by Bully
maybe i heard wrong....watching sky news and they just said tax CUTS to benifits to tradies.....dont understand now

Re: 2011 Budget

PostPosted: Tue May 10, 2011 8:45 pm
by Jim05
Just announced cost of asylum seekers and detaining them is up from 260mill last year to 1.6billion this current year

Re: 2011 Budget

PostPosted: Tue May 10, 2011 9:35 pm
by Bully
yep...shafted again by a LABOR government. sorry...but F**K i hate wayne swann!!!! :(

Re: 2011 Budget

PostPosted: Tue May 10, 2011 10:09 pm
by am Bays
Yep we've gone back to 2005 when Howard and Costello turned their abck on the middle class battlers who delivered them governemnt four times running.

A freeze on eligibility to Family Tax benefit A and B

Flood levy

ignore the middle class at your peril.

Re: 2011 Budget

PostPosted: Tue May 10, 2011 11:00 pm
by wycbloods
Bulldog wrote:yep...shafted again by a LABOR government. sorry...but F**K i hate wayne swann!!!! :(



How were you shafted by this budget?

Re: 2011 Budget

PostPosted: Wed May 11, 2011 6:07 am
by mighty_tiger_79
anyone do the budget calculator

i got it down to a $10.4 billion deficit :D

Re: 2011 Budget

PostPosted: Wed May 11, 2011 6:20 am
by Bully
wycbloods wrote:
Bulldog wrote:yep...shafted again by a LABOR government. sorry...but F**K i hate wayne swann!!!! :(



How were you shafted by this budget?


i am a tradesman that drives more then 25,000kms a year. wayne swann annouced cuts to the benefits i get for using my own car. i get less tax back at end of financial year now.....thats how im shafted

Re: 2011 Budget

PostPosted: Wed May 11, 2011 7:54 am
by mick
Are people less than happy withour champions of the working class? :lol:

Re: 2011 Budget

PostPosted: Wed May 11, 2011 9:15 am
by The Sleeping Giant
I'm happy with the budget. Has no effect on me at all. :lol:

Re: 2011 Budget

PostPosted: Wed May 11, 2011 11:35 am
by bulldogproud2
Bulldog wrote:
wycbloods wrote:
Bulldog wrote:yep...shafted again by a LABOR government. sorry...but F**K i hate wayne swann!!!! :(



How were you shafted by this budget?


i am a tradesman that drives more then 25,000kms a year. wayne swann annouced cuts to the benefits i get for using my own car. i get less tax back at end of financial year now.....thats how im shafted


However, don't forget that you can gain a lot through the depreciation changes. Additionally, it was crazy that people received a higher RATE for driving longer distances.

Re: 2011 Budget

PostPosted: Wed May 11, 2011 3:53 pm
by Bully
what is it with me and labor governments??? :( are they just out to get me are they..

Re: 2011 Budget

PostPosted: Wed May 11, 2011 5:11 pm
by mighty_tiger_79
my mrs is shafted by the low income scheme of distributing $300 per year into pay - used to get twice sometimes three times that amount at tax time

Re: 2011 Budget

PostPosted: Wed May 11, 2011 6:45 pm
by Bully
mighty_tiger_79 wrote:my mrs is shafted by the low income scheme of distributing $300 per year into pay - used to get twice sometimes three times that amount at tax time



HERE HERE :D

Re: 2011 Budget

PostPosted: Wed May 11, 2011 7:06 pm
by mick
bulldogproud2 wrote:
Bulldog wrote:
wycbloods wrote:
Bulldog wrote:yep...shafted again by a LABOR government. sorry...but F**K i hate wayne swann!!!! :(



How were you shafted by this budget?


i am a tradesman that drives more then 25,000kms a year. wayne swann annouced cuts to the benefits i get for using my own car. i get less tax back at end of financial year now.....thats how im shafted


However, don't forget that you can gain a lot through the depreciation changes. Additionally, it was crazy that people received a higher RATE for driving longer distances.


This policy may help the demise of our car industry, most cars sold are fleet cars often to employees taking advantage of the FBT concessions for cars on novated leases. I feel for people who have just entered into novated lease arrangements based upon the current FBT arrangements they will be burnt financially big time. It won't take much to push Ford over the edge and cost jobs,BUT pensionsers will get a $300 set top box, now that's a social conscience :? This budget has had virtually no effect on me personally and I'd never buy a Ford!

Re: 2011 Budget

PostPosted: Wed May 11, 2011 7:23 pm
by The Sleeping Giant
Television the drug of a nation.

Re: 2011 Budget

PostPosted: Wed May 11, 2011 7:43 pm
by Bully
i guess most arent liking the $900 we got from the government all that time ago now hey ;) i said this would happen as i donated my money to charity at the time

Re: 2011 Budget

PostPosted: Wed May 11, 2011 8:21 pm
by once_were_warriors
Good

Mental health injection
Capping threshold for family benefits and private health rebate
Family trusts at company tax rate

Bad

Set top boxes

Re: 2011 Budget

PostPosted: Wed May 11, 2011 8:53 pm
by Bully
once_were_warriors wrote:Good

Mental health injection
Capping threshold for family benefits and private health rebate
Family trusts at company tax rate


Bad

Set top boxes


HERE HERE :D

but also BAD - reducing tax benefits for tradies.