Gillard should go!

[Q.]

That's comforting for all the tradies and contractors struggling to pick up work

It's not meant to be. If people believe the 'economy is bad' they aren't going to make major investments.

This has been discussed before. Overall things are good because of the resource sector, which essentially needs to be slowed down via high taxation, then the Government can initiate a stimulation of the non-resource sector. Labor needed to introduce the initial RSPT, but didn't have the balls and what we've seen is a mild form of 'Dutch Disease' follow since.

I would think the media would play a very small part in the lack of private investment – uncertainty caused by the government would play a much larger role – the uncertainty created by the carbon tax on manufacturing and small business, the uncertainty of property market and cuts to government spending down bode well with improved private investment. To further your point on mining is it the media fault that the Government haven’t got the balls to implement a RSPT?

With a volatile climate as we see today why should the private investor keep investing when the government is cutting and running?

The MSM telling us the sky is falling in, when it actually isn't, wouldn't help consumer confidence.

[Q.]

no disrespect to you Quichey because you often put up excellent posts but please spare us the traditional left wing view of life that people are too stupid to think for themselves and swallow any bulldust put their way. The media would have negligible impact on people's thinking.
The left really look down on Joe Public don't they

Apologies.

The media has a huge impact on people's perception. Generally, the MSM is the public's primary source of (mis)information.

[Bat Pad]

no disrespect to you Quichey because you often put up excellent posts but please spare us the traditional left wing view of life that people are too stupid to think for themselves and swallow any bulldust put their way. The media would have negligible impact on people's thinking.
The left really look down on Joe Public don't they

Apologies.

The media has a huge impact on people's perception. Generally, the MSM is the public's primary source of (mis)information.

I agree to an extent, but in my opinion the majority of people only like to watch/read stories that agrees with what they already believe.

They use the MSM as a source of entertainment, not information. So I guess what I am saying is that even if that information was correct, if it didn't align with someones pre-conceived ideas they would stop watching or it wouldn't change their belief afterwards regardless.

[redandblack]

I hope Gillard keeps 'failing'.

According to the 2011 Credit Suisse Global Wealth report, Australia has a median wealth of US$222,000 ($217,559), the highest in the world and nearly four times the amount of each US adult.

More facts that don't fit the "we'll all be rooned" agenda.

Official national accounts figures show the Australian economy grew faster than expected in the first quarter.

Australian Bureau of Statistics figures show gross domestic product growth of 1 per cent in the three months to the end of September in seasonally adjusted terms.

That follows growth of 1.4 per cent last quarter, upwardly revised. Economists had been expecting a rise of 0.9 per cent for the quarter.

In the year to September the economy grew by 2.5 per cent, much higher than forecasts, helped by the upward revision to June quarter growth.

The construction and mining sectors were the main drivers of growth.

The gains were slightly offset by companies running down their stocks and a fall in net exports.

[scoob]

That's comforting for all the tradies and contractors struggling to pick up work

It's not meant to be. If people believe the 'economy is bad' they aren't going to make major investments.

This has been discussed before. Overall things are good because of the resource sector, which essentially needs to be slowed down via high taxation, then the Government can initiate a stimulation of the non-resource sector. Labor needed to introduce the initial RSPT, but didn't have the balls and what we've seen is a mild form of 'Dutch Disease' follow since.

I would think the media would play a very small part in the lack of private investment – uncertainty caused by the government would play a much larger role – the uncertainty created by the carbon tax on manufacturing and small business, the uncertainty of property market and cuts to government spending down bode well with improved private investment. To further your point on mining is it the media fault that the Government haven’t got the balls to implement a RSPT?

With a volatile climate as we see today why should the private investor keep investing when the government is cutting and running?

The MSM telling us the sky is falling in, when it actually isn't, wouldn't help consumer confidence.

I would assume consumer confidence would come from what people have in there back pocket and what they are spending on with their mortgages and cost of living rather than what they read in a newspaper... GDP figures should be taken with a pinch of salt as the mining industry is propping those up, the average joe in the suburbs who see their local businesses struggling would atest to that... and again the government are exactly pushing cosumer confidence by making large budget cuts.

[The Sleeping Giant]

MSM is reporting that the European economy isn't going to well atm. Must be lies.

[Q.]

Must be

[Q.]

I would think the media would play a very small part in the lack of private investment – uncertainty caused by the government would play a much larger role – the uncertainty created by the carbon tax on manufacturing and small business, the uncertainty of property market and cuts to government spending down bode well with improved private investment. To further your point on mining is it the media fault that the Government haven’t got the balls to implement a RSPT?

With a volatile climate as we see today why should the private investor keep investing when the government is cutting and running?

The MSM telling us the sky is falling in, when it actually isn't, wouldn't help consumer confidence.

I would assume consumer confidence would come from what people have in there back pocket and what they are spending on with their mortgages and cost of living rather than what they read in a newspaper... GDP figures should be taken with a pinch of salt as the mining industry is propping those up, the average joe in the suburbs who see their local businesses struggling would atest to that... and again the government are exactly pushing cosumer confidence by making large budget cuts.

If there is a perception of instability then consumers are likely to be very conservative with expendable income.

[scoob]

I would think the media would play a very small part in the lack of private investment – uncertainty caused by the government would play a much larger role – the uncertainty created by the carbon tax on manufacturing and small business, the uncertainty of property market and cuts to government spending down bode well with improved private investment. To further your point on mining is it the media fault that the Government haven’t got the balls to implement a RSPT?

With a volatile climate as we see today why should the private investor keep investing when the government is cutting and running?

The MSM telling us the sky is falling in, when it actually isn't, wouldn't help consumer confidence.

I would assume consumer confidence would come from what people have in there back pocket and what they are spending on with their mortgages and cost of living rather than what they read in a newspaper... GDP figures should be taken with a pinch of salt as the mining industry is propping those up, the average joe in the suburbs who see their local businesses struggling would atest to that... and again the government are exactly pushing cosumer confidence by making large budget cuts.

If there is a perception of instability then consumers are likely to be very conservative with expendable income.

Do you believe that the MSM is purely blame for that perceived instability?

[Q.]

I would assume consumer confidence would come from what people have in there back pocket and what they are spending on with their mortgages and cost of living rather than what they read in a newspaper... GDP figures should be taken with a pinch of salt as the mining industry is propping those up, the average joe in the suburbs who see their local businesses struggling would atest to that... and again the government are exactly pushing cosumer confidence by making large budget cuts.

If there is a perception of instability then consumers are likely to be very conservative with expendable income.

Do you believe that the MSM is purely blame for that perceived instability?

No, just a contributing factor. But a large enough factor that agenda bias needs to be eliminated.

[Wedgie]

I've stuck up for the PM up to now, but enough is enough, I'm joining those who think she should resign.

She's got to go.

I agree with redandblack.

[redandblack]

Clever stuff, mate and it only took you since October to come up with it

Funny as

[Wedgie]

Funny as

I agree with redandblack.

Seriously though it's here voice. Kev has an almost relaxing voice and is better on the eye. Also Julia doesn't rhyme with some numbers. Bring back K Rudd.

[Jimmy_041]

no disrespect to you Quichey because you often put up excellent posts but please spare us the traditional left wing view of life that people are too stupid to think for themselves and swallow any bulldust put their way. The media would have negligible impact on people's thinking.
The left really look down on Joe Public don't they

Apologies.

The media has a huge impact on people's perception. Generally, the MSM is the public's primary source of (mis)information.

I agree to an extent, but in my opinion the majority of people only like to watch/read stories that agrees with what they already believe.

They use the MSM as a source of entertainment, not information. So I guess what I am saying is that even if that information was correct, if it didn't align with someones pre-conceived ideas they would stop watching or it wouldn't change their belief afterwards regardless.

There are some that go one step further. If a journalist writes something that is contrary to their entrenched views, they must be incompetent or completely biased

[redandblack]

Perfect credentials for a Limited News journalist

[southee]

Perfect credentials for a Limited News journalist

Anything a journalist writes Anti - Labor R&B will slam it down!!!

[redandblack]

I've read plenty of anti-Labor stuff I agree with, southee, but I have an understandable suspicion of News Ltd journalists and I think I'm not alone in that (and with good reason).

I have to say I'm amused that because I generally support the mild left of politics, I'm 'branded' as biased, but those who oppose me somehow aren't

I'd say you're just as biased to the right, as are many who post here, but that's fine, we're all biased.

At least if I disagree with what a journalist writes, I'll say why and try to provide facts to support my case. You can also contrast my use of Mr Abbott's proper title and name, against the critics of the PM on here who constantly name call - witch, hag, etc.

Yes, I'm biased, but no more than many on here.

Anyway, good wishes to you, southee and keep supporting what you believe in

[scoob]

I hope Gillard keeps 'failing'.

According to the 2011 Credit Suisse Global Wealth report, Australia has a median wealth of US$222,000 ($217,559), the highest in the world and nearly four times the amount of each US adult.

More facts that don't fit the "we'll all be rooned" agenda.

Official national accounts figures show the Australian economy grew faster than expected in the first quarter.

Australian Bureau of Statistics figures show gross domestic product growth of 1 per cent in the three months to the end of September in seasonally adjusted terms.

That follows growth of 1.4 per cent last quarter, upwardly revised. Economists had been expecting a rise of 0.9 per cent for the quarter.

In the year to September the economy grew by 2.5 per cent, much higher than forecasts, helped by the upward revision to June quarter growth.

The construction and mining sectors were the main drivers of growth.

The gains were slightly offset by companies running down their stocks and a fall in net exports.

Yeah keep failing Julia - you are doing well... 40,000 Fulltime jobs lost -shows how strongly we are going

http://www.abc.net.au/news/2011-12-08/u ... er/3719868

The unemployment rate has risen to 5.3 per cent in November in seasonally adjusted terms, coming in above economists' expectations.

Australian Bureau of Statistics data show the number of people employed fell 6,300 to 11.5 million last month.

The result comes after a slight fall in unemployment in October.

The number of full-time jobs fell by 39,900, while the number of part-time positions rose by 33,600.

The job participation rate fell slightly to 65.5 per cent.

Reflecting these shifts, the number of hours worked in the month fell 11.3 million to 1.6 billion.

Federal Treasurer Wayne Swan says the increase in the jobless rate is slight, and is further proof of the economy's strength.

[overloaded]

I've stuck up for the PM up to now, but enough is enough, I'm joining those who think she should resign.

She's got to go.

I agree with redandblack.

I agree with Wedgie that we should agree with redandblack

[redandblack]

I'm flattered that you're so keen to agree with my full quote