The MRRT did not provide the income their models suggested, and it now is resting upon the companies themselves.
I work for a very small company. My boss is counting referrals and numbers of people in and their number of visits, and that's just for a start....
I personally think the increased super was a badly thought out plan due to the ill conceived MRRT model. I'm sure big businesses will be fine, but small businesses will wear the cost of the wildly proposed increased super plan.
Therein lies the problems with models
It all seems fantastic to look at models, but at the end of the day, small businesses are paying the price for the fact that this government promised bonuses (ie. the super increases) from money which hadn't been evaluated properly (ie. the MRRT)
As for paid parental leave, I haven't looked into this properly - so cannot comment on this properly.
My biggest problem with the current government is that they seem to put forward ideas which seem good on paper (eg. increased super etc) however, they have done them with haste, so that they can't be examined with a fine toothed comb.
Mind you, I can't guarantee that any encumbant government will do any different, but it has truly scared me how quickly many things have passed legislation (eg. carbon tax, MRRT, NDIS) without much time frame to delve into the details of what the actual implications of these reforms mean.
Wait until the libs get in with the balance of power, then we will see things being pushed through parliament with lightning speed and no consultation. I've been under a state Lib with lib balance of power, and now we are under state lib with shooters balance of power, and it isn't pretty. There is absolutely nothing and no one stopping them doing whatever they want.
The MRRT didn't work out as planned, it is a pity, but you just can't predict these things, it's like playing the stock market.
I do think that the GFC and now the very strong dollar has played a huge part in the revenue that the government is relying on. And I think it is really naive to think it isn't. I know you don't necessarily think like that Pegasus - but it is clear that some people on this thread do.
Unfortunately Australians have this conviction that everyone is a wage Earner, and don't remain cognisant of the fact that 50% of wage earners are employed by small business.
The logic behind the 'liberal' idea (or economic rationalist Rather) is they by reducing tax and restrictions on business, more revenue and jobs etc are ultimately created.
I find that Australians are quite insular in their thinking. Whether you vote Liberal or Labor, at some point Australians need to realise we are now not competitive with the rest of the world. Our wages are too high. Taxes and licences etc are too high. Jobs and business are leaving Australia because we aren't competitive.
Please not I was in no way defending liberal, I don't think they've done anything constructive in years (ever?)
I think the biggest influence on revenue at the moment (and therefore credit ratings etc) is the strong resources boom. Despite the MRRT there is a lot of revenue that is brought in by company tax. As has been said, this government has more revenue.
I understand how stimulating the economy in lean times helps run it, so sure I get it, but the idea if hand outs rather than investing in longer term stimulus was, I think, short sighted
And the ber? Well a review found that vast majority of schools got value for money and schools got quality education facilities. I know that under John Howard, my very disadvantaged public school would never have been given a new school library, interactive whiteboards in every classroom and refurbishment of every classroom, plus new furniture for each room as well, instead of the dated, mismatched and hideous furniture and rooms that we used to have.
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