BUDGET 2022

Discussion in 'Markets & Economies' started by bubblebobble2, Mar 29, 2022.

  1. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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  2. 66rounds

    66rounds Well-Known Member Silver Stacker

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    No BOOM?!
     
  3. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Floods recovery are first and foremost state level business. Just as are decisions on whether to (or not to) build dams.

    Right after the floods Centrelink (federal government) activated assistance that are still available until September 2022. In QLD those activated areas included e.g., Toowoomba that Annastacia did not activate for state level relief grants.
     
  4. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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  5. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    Josh: “HOUSING BOOM! MINING BOOM! BOOM…BOOM…BOOM !”
     
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  6. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Not sure what does that have to do with Budget 2022, but at least the Libs team has not killed anyone in their team by bullying - and Albanese has his head firmly stuck in the sands of denial.
    It's laughable to claim there's no mean girls bullying others in the Labor party. As he lies about that with that much ease, he lies about everything else just as smoothly. :rolleyes:

    https://www.abc.net.au/news/2022-03...itching-bullying-allegation-inquiry/100932006
     
  7. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    have you ever tried asking assistance @centrelink? It’s easier to beg with a cup on the street than getting handout from Centrelink…

    and, it’s ultrafast when Centrelink takes back those assistance…faster than you can blink!
     
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  8. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Try getting a business loan from a bank!
     
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  9. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    ^^^
    2 mins faster than Centrelink
     
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  10. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    not in 2022 budget…. Wonder why?
     
  11. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Exactly, but some on this forum think that access to credit is getting easier and easier. o_O
     
  12. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I have and it is a chore. But so is earning money. I just reminded myself that Centrelink handed out free money and that I didn't have to work for it. Just keep jumping through the hoops mate.
     
  13. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    I tried many moons ago when the the big 4 were publicly advertising that they were supporting business with new loans.
    I had ample liquid collateral to cover the loan but they declined, just gave my company a personal loan instead.Go figure
     
  14. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I haven't seen them running an ad campaign for ages but the only things I can put it down to nowadays is that they're highly risk averse in the current economic climate and as a result are only supporting large businesses (and the mortgage market), and secondly they can get a guaranteed completely risk-free return from the government/RBA just buying treasury securities.

    That's the main reason business investment in Australia has been declining for over a decade I reckon.
     
    Last edited: Mar 30, 2022
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  15. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    No wonder the guaranteed way of making a small fortune in Australia is to start with a moderate or large fortune.
     
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  16. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I'm hoping to access a loan via my crypto holdings in the next 12 - 18 months for a business I want to start. Failing that I'll just have to sell some crypto.
     
  17. heartastack

    heartastack Well-Known Member Silver Stacker

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    Winners and losers discussed

     
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  18. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    another $25M to UKRAINE…ZERO to flood victims…


    cause no flood victims made zoom conference to ScoMo to say ‘thanks!’


    so, who’s fault is it…?
     
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  19. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    winners=non-Australians

    losers=Australians

    thanks ScoMo!

    :mad:
     
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  20. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Would you prefer Albanese?
     

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