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Its NOT fighting INFLATION

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By: slr2007mclaren
15/05/2008
5:11 pm

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Its NOT fighting INFLATION Reply to this message
http://www.rba.gov.au/Speeches/2008/sp_gov_140308. html

Suppose, though, that we did take out some of the 'special factors' that people nominate. Let's, for the sake of argument, remove from the CPI rents and petrol, as well as the calculation of deposits and loan facilities. If we do that, the rate of inflation of the remaining items over the year to December 2007 is 2.1 per cent.

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By: slr2007mclaren
15/05/2008
5:12 pm

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Re:Its NOT fighting INFLATION Reply to this message
So where is it in the Budget that Rudd is addressing these "special conditions" the RBA is referring to???



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By: casino43r
15/05/2008
5:16 pm

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Re:Its NOT fighting INFLATION Reply to this message
o look father goose is back!!!!! lol

By: slr2007mclaren
15/05/2008
5:18 pm

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Re:Its NOT fighting INFLATION Reply to this message
Welcome to the thread casino

The IQ of this thread has plummeted since you came in

By: terrycopter
15/05/2008
5:51 pm

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Re:Its NOT fighting INFLATION Reply to this message
over the past few weeks I have visited this forum and without question you casino are without a doubt the most ignorant poster on here
you add nothing to the debate you do nothing but whinge and whine and abuse posters who quite obviously are far more intelligent than you
so if you must post on here do everyone a favour and at least have something intelligent and relevent to say

By: stevesmithie
15/05/2008
5:55 pm

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Re:Its NOT fighting INFLATION Reply to this message
two stories here one from the libs one from labor ...i trust labor ..not a opposition with an agrenda.

i believe that this budget and the followup work with even the balance between the haves and the have nots .......it's a moraly good budget as well as a good economic budget

By: slr2007mclaren
15/05/2008
7:33 pm

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Re:Its NOT fighting INFLATION Reply to this message
steve

The story is NOT from LIB therefore there's no agenda here other than to highlight facts

The story was written by the RBA which both sides of politics has agreed is impartial....even if you say the RBA pro-LIB I would disagree because it had increased rates during an election


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By: bigbruce80
15/05/2008
9:50 pm

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Re:Its NOT fighting INFLATION Reply to this message
" The IQ of this thread has plummeted since you came in"

LOL

Hey, Homer, It was never there from the start

By: palm0sunday
15/05/2008
10:41 pm

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Re:Its NOT fighting INFLATION Reply to this message
Smirk FED inflation & you know it !

By: chimps_on_the_boat
16/05/2008
2:16 am

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Re:Its NOT fighting INFLATION Reply to this message
Wrath of God?
http://www.youtube.com/watch?v=H-ra5Ldi600

By: jcheeverloopholellb
16/05/2008
10:48 am

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Re:Its NOT fighting INFLATION Reply to this message
The story is NOT from LIB therefore there's no agenda here other than to highlight facts

The story was written by the RBA which both sides of politics has agreed is impartial....even if you say the RBA pro-LIB I would disagree because it had increased rates during an election


Welcome back to the fold SLR, it IS a liberal agenda, you have made it one.

By: dnarever2
16/05/2008
11:54 am

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Re:Its NOT fighting INFLATION Reply to this message
Its NOT fighting INFLATION:

In comparison to the Liberal spending - fuelling inflation it is defiantly a move in the right direction.

By: denrose9
16/05/2008
2:41 pm

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Re:Its NOT fighting INFLATION Reply to this message
I hope a lot othe people who post on here watched the Thursday evening 7-30 report. They interviewed a union leader and his statement was; "we are not going to let our members slip back any further and we will go for wage rises that bring them into line with what we deem they have lost, their standard of living has slipped and we aim to retify this from now on",. Now if that not mean a significant push for a substantial wage increase I don't know what does and I bet it will not be around 3-4%, now if this push succeeds, just watch all the others jump on the bandwagon. Payback time is drawing nigh.

By: jcheeverloopholellb
16/05/2008
3:05 pm

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Re:Its NOT fighting INFLATION Reply to this message
RE: " hope a lot othe people who post on here watched the Thursday evening 7-30 report. They interviewed a union leader and his statement was; "we are not going to let our members slip back any further and we will go for wage rises that bring them into line with what we deem they have lost, their standard of living has slipped and we aim to retify this from now on",. Now if that not mean a significant push for a substantial wage increase I don't know what does and I bet it will not be around 3-4%, now if this push succeeds, just watch all the others jump on the bandwagon. Payback time is drawing nigh."

Ahh right I see you think that its unfair of folks other than yourselves to be asking for a payrise? I see it all now, you think that the high prized 'jockies' in management need all the rewards.

By: working_bloke
16/05/2008
7:54 pm

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Re:Its NOT fighting INFLATION Reply to this message
<Suppose, though, that we did take out some of the 'special factors' that people nominate. Let's, for the sake of argument, remove from the CPI rents and petrol, as well as the calculation of deposits and loan facilities.>

That would be a really great idea except we live in a real world where petrol, interest etc are an unavoidable part of living.

By: longweekend58
16/05/2008
8:00 pm

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Re:Its NOT fighting INFLATION Reply to this message
Any budget that increases taxes and increases spending in real terms is NOT an inflation fighter!

By: working_bloke
16/05/2008
8:18 pm

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Re:Its NOT fighting INFLATION Reply to this message
<Any budget that increases taxes and increases spending in real terms is NOT an inflation fighter!>

As demontrated over the last decade by Howard, hence the lowest home affordability in history today.

By: longweekend58
16/05/2008
8:43 pm

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Re:Its NOT fighting INFLATION Reply to this message
inflation was lower under howard than the preceding 20 years. get your facts right.
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