Anthony Albanese - How long? -3-

[Blue1980]

In a thread ostensibly about Albo you and every other left poster has done a good job systematically ripping into previous LNP governments, not conceding a single achievement.

Question. Do you believe the Albanese government deserves any criticism over its handling of the country in the past 3 years? Anything? Or was it all "hunky dory"?

Do you think Albo is a good PM?

We’re happy to criticise Labor—from the left. But what we’re not doing is pretending the LNP had a golden run and Labor broke everything the moment they took office. You’re asking if Albo’s perfect—he’s not. The real question is: what would Dutton have done differently that wouldn’t have made things worse?

Labor’s been too cautious, too centrist, and not nearly bold enough on housing, tax reform, and inequality. That’s criticism. But it’s based in wanting a fairer system—not nostalgic delusions about the Coalition’s decade of rorts, stagnation, and climate denial.

 

[Sphynx]

We really must talk about the Howard and Costello economic disaster

According to the LNP and their old media campaign team, Howard and Costello were brilliant economic managers; Alan Austin debunks this obvious furphy decisively.

independentaustralia.net

That article is from 2013 with more than a few points aging terribly.

Criticising super contributions, pension security and how he invested privatised sales is certainly hilariously bad in hindsight.

Cant argue with some of the others.

Renewables infrastructure investment obviously overlooked by most.

 

[peetoo]

Gucci green is suspended

 

[FlowersByIrene]

Yay the statutory requirement to have election by May is just incidental

That's exactly my point, thanks for confirming. They needed to wait as long as possible to get their two rate cuts. They got one and given the need to call the election by May at the latest They had to pull the trigger and hope they got the second. They didn't

 

[Blue1980]

I have friends within the Federal Labor Party and can confirm their strategy was 100% reliant on two rate cuts ahead of the election. This is a dagger to the Labor Party strategy.

I’d question the idea that Labor hinged its entire re-election strategy on two hypothetical rate cuts… but I’m more hung up on the part where you claims to have friends. In any party. Or any context, really.

 

[Blue1980]

That's exactly my point, thanks for confirming. They needed to wait as long as possible to get their two rate cuts. They got one and given the need to call the election by May at the latest They had to pull the trigger and hope they got the second. They didn't

Early elections are rare and only done to:
• Exploit popularity (Hawke, Turnbull though that one didn't go so well)
• Seek mandates for big reforms (Howard GST)
• Manage leadership transitions (Gillard)

No one has ever delayed an election purely to time it with rate cuts - that theory is pure tin foil.

Anyone suggesting it’s some masterstroke of economic manipulation should explain why basically every PM waits until the last minute, including the LNP.

 

[AlwaysHawks15]

Here’s one thing that is absolutely verifiable. We are worse off after 3 years of Albo than before he became PM. Net disposable income has fallen by 6%. In the same period NDI rose by 3% in Europe and about 7% in the USA.

Thanks Angus Taylor.

 

[FlowersByIrene]

I’d question the idea that Labor hinged its entire re-election strategy on two hypothetical rate cuts… but I’m more hung up on the part where you claims to have friends. In any party. Or any context, really. [emoji57]

Sure thing mate.

 

[FlowersByIrene]

Early elections are rare and only done to:
• Exploit popularity (Hawke, Turnbull though that one didn't go so well)
• Seek mandates for big reforms (Howard GST)
• Manage leadership transitions (Gillard)

No one has ever delayed an election purely to time it with rate cuts - that theory is pure tin foil.

Anyone suggesting it’s some masterstroke of economic manipulation should explain why basically every PM waits until the last minute, including the LNP.

I'm just passing on what the Labor party internal strategy was.. not saying it makes any sense or that it was ground breaking or innvoative (it is Labor after all, i wouldn't expect it to).

 

[Ghost Patrol]

I have friends within the Federal Labor Party and can confirm their strategy was 100% reliant on two rate cuts ahead of the election. This is a dagger to the Labor Party strategy.

Reminds me of that kid at school that says he has a famous uncle for every occasion.

 

[DaRick]

Reminds me of that kid at school that says he has a famous uncle for every occasion.

Did you know I have an Uncle Adolf?

 

[QuietB]

That's exactly my point, thanks for confirming. They needed to wait as long as possible to get their two rate cuts. They got one and given the need to call the election by May at the latest They had to pull the trigger and hope they got the second. They didn't

The calling of the election was delayed by Cyclone Alfred.

Don't let the facts get in the way of a good story though

I'm just passing on what the Labor party internal strategy was.. not saying it makes any sense or that it was ground breaking or innvoative (it is Labor after all, i wouldn't expect it to).

So you have reach into the highest level of the sitting government now?

lol

 

[SBD Gonzalez]

Gucci green is suspended

Well blow me down.

 

[Gough]

Terms like Gucci green and champagne socialist are just words conservatives use because they can't believe someone can acquire wealth without having the moral compass of Peter Dutton. Mostly the people that use them are reassuring themselves as much as anyone.

 

[Sphynx]

Terms like Gucci green and champagne socialist are just words conservatives use because they can't believe someone can acquire wealth without having the moral compass of Peter Dutton. Mostly the people that use them are reassuring themselves as much as anyone.

And reducing every nuanced policy stance to posting 'conservative bad' isn't exactly thoughtful insight either, your just projecting with a thesaurus.

Some of us believe in sustainable budgets and social inclusion. It's not a contradiction, it's called being an adult in a complex economy.

 

[Gough]

And reducing every nuanced policy stance to 'conservative bad' isn't exactly thoughtful insight either, your just projecting with a thesaurus.

Some of us believe in sustainable budgets and social inclusion. It's not a contradiction, it's called being an adult in a complex economy.

Voting Greens then I see, good choice.

 

[Sphynx]

Voting Greens then I see, good choice.

There's probably more than a few viable options around tbh.

 

[Carn The Berries]

View attachment 2269075
I gotta say I don't believe Australia is leading the charge if our foreign minister can't name those responsible

Saw a very interesting piece on 7:30 last night that looked at one of the more multicultural electorates in Melbourne (Campbellfield, Broady area). There is a growing movement in the area among the Muslim population that may see the safe Labor seat become marginal, if not lost to an independent.

I would imagine the same may be true in Western Sydney. The ALP have put themselves in a tricky position by standing by Israel.

 

[Carn The Berries]

So you're saying they can't win now, because they didn't get a second rate cut?

I think there's a difference between hoping for a rate cut and "banking" on it.

I think they held out as long as they could and in the absence of a rate cut, they gave a tax cut with about the same amount of benefit. Which will almost certainly be followed by a rate cut anyway.

Ummm... The rate cut that doesn't start for another 18 months?

Not exactly apples and apples...

 

[Carn The Berries]

I'm just passing on what the Labor party internal strategy was.. not saying it makes any sense or that it was ground breaking or innvoative (it is Labor after all, i wouldn't expect it to).

I think we need to separate things here.

Could their strategy have been to hold off as long as possible and hold an election in May, in the hope their may be 2 rate cuts? Possibly

Could their strategy have been RELIANT on 2 rate cuts? Absolutely not.

 

[Carn The Berries]

Voting Greens then I see, good choice.

Greens = Stable Budget? I think the jury is well and truly out there...

 

[Bloods86]

I think we need to separate things here.

Could their strategy have been to hold off as long as possible and hold an election in May, in the hope their may be 2 rate cuts? Possibly

Could their strategy have been RELIANT on 2 rate cuts? Absolutely not.

Why are we characterising it as Labor holding the election off? It's due by May, it looked likely for April because Labor wasn't planning for a full budget release, and a fairly regular time to hold it, until a cyclone pushed it out. If they'd held it months before it's due it'd be called an early election.

And yeah, of course Labor would be hopeful of rate cuts. At the start of the year, it was widely expected for there to be 1-2 cuts, more likely 2, before an election. After the Feb cut, the RBA's commentary made it reasonably likely that there wouldn't be another. Not you obviously, but to say that Labor's strategy from Feb onwards relied on another cut in April is at best a likely misinterpretation based on information changing hands several times before reaching our resident news breaker.

 

[peetoo]

The cut was held off because of Donald Trump

 

[nut]

The cut was held off because of Donald Trump

Which was stupid IMO… why not cut rates and explain it might be temporary if things turn bad!
Oh yer we need to increase bank profits as much as we can.

 

[Gralin]

Saw a very interesting piece on 7:30 last night that looked at one of the more multicultural electorates in Melbourne (Campbellfield, Broady area). There is a growing movement in the area among the Muslim population that may see the safe Labor seat become marginal, if not lost to an independent.

I would imagine the same may be true in Western Sydney. The ALP have put themselves in a tricky position by standing by Israel.

It's going to cause them issues for sure, the coalition aren't going to automatically get those votes either, I'm hearing both majors are getting told to **** off