Election 2004 - the sad truth
- Thread starter Spiff
- Start date
My seat stayed Labor. Well the one I live in, I forgot to re-register so I had to do an absentee vote for my old area. That one is a very strong Labor seat, probably because its Simon Crean's seat, that stayed Labor too. From what I saw, Labor seemed to get alot more seats in Melbourne than Liberal did.
salty
Member
Someone mentioned on the radio about how around half of the nation has a government they dont want. That makes it sound like a pretty shithouse state of affairs...which I guess it is.
But it made me think...1 in 2 people John Howard meets very probably hates his guts
But it made me think...1 in 2 people John Howard meets very probably hates his guts
As far as the votes go:
Liberal - 40.7%
Labor - 38.2%
Very close, shows how fucked the voting system is that Liberal won it by a mile if there was so little difference in actual overall votes.
Liberal - 40.7%
Labor - 38.2%
Very close, shows how fucked the voting system is that Liberal won it by a mile if there was so little difference in actual overall votes.
Goreripper
Metal as fuck
What you said before about the Nationals isn't exactly true anymore either Trent. Back in Fraser's day, they needed each other to form government, but these days the Liberals win enough to govern in their own right. Look at the figures. The Nationals only won 12 seats. Take that away from the Coalition total and Liberal still wins by a street. And I disagree with Shannow about voting for party lines during this election. The only way Liberal was going to go was if people voted for Labor. Voting Green or whatever actually made the situation worse. If the seats were more evenly spread, voting for a minor party may have made a postive difference, but in this case it's made things worse, especially in the Senate.
Goreripper
Metal as fuck
Intelligent investors would have bought a mid-priced house, lived in it for a while and then either sold it and bought something bigger or bought a second investment home they could use to help negative-gear their interest payments. But instead, they got greedy and bought the biggest, most expensive house they could get a loan for. Now, instead of being able to manage their mortgage in the event of a small interest rise, they'll be fucked. They are victims of their own greed, but also that of the housing and investment industry, who should have advised them not to do it, but didn't because they have too much to gain.spawn said:
No matter what interest rates are now, they can't stay down forever. Sooner or later, they'll go up, and when they do, because they've been so low for so long, they'll go through the roof. And many, many people will be ruined.
TinMan666
Member
^^^ true that.
Also there's a lot of people out there that have bought LOTS of investment properties, all on borrowed money. I suppose it makes good sense that eventually they will all be payed off and you'll be able to retire and live off of the investment... but if / WHEN the interest rates go up, some of these people are going to be royally fucked.
Ya know... I was planning on buying an appartment in the next 6 months but maybe I should wait awhile and swoop in like a vulture when other people start getting into trouble?
Also there's a lot of people out there that have bought LOTS of investment properties, all on borrowed money. I suppose it makes good sense that eventually they will all be payed off and you'll be able to retire and live off of the investment... but if / WHEN the interest rates go up, some of these people are going to be royally fucked.
Ya know... I was planning on buying an appartment in the next 6 months but maybe I should wait awhile and swoop in like a vulture when other people start getting into trouble?
Goreripper
Metal as fuck
That would make you an opportunistic arsehole. If you can afford to buy now, do so, just use some restraint. The problem with easy credit is that it gives people the illusion that they either never have to pay the money back, or that it's easy to do so. It is neither.
If you can afford to buy now, do so, just use some restraint. The problem with easy credit is that it gives people the illusion that they either never have to pay the money back, or that it's easy to do so. It is neither.
Goreripper
Metal as fuck
And the people who have investment properties won't be as fucked as those who don't, because if you own more than one property, you can negative-gear the interest payments on all properties except the first one you buy, thereby giving yourself a nice tax break. Plus the income you make through rent should effectively negate any rise in rates. If rates go up, just jack up rents to cover your losses. First home buyers are the ones who will lose.
TinMan666
Member
Perhaps.Goreripper said:That would make you an opportunistic arsehole.
I'm looking at spending maybe 250,000... I suppose I would probably get a fixed interest loan so that I don't have to worry about interest rates going up.
Do you think that is the way to go?
Goreripper
Metal as fuck
Well I'm not much of a financial advisor, but I'd definitely look at fixing your interest rate. The problem with that is that if rates go down, you can't benefit from it, but you don't lose out if they go up, and that's more important. Don't over-borrow either.
KoichCPA
Banned
Kem
Very cynical
This is all highly gay. The coalition also have the majority in the Senate.
I'm still pissed off from the last election when they slapped the GST on pads and tampons. Yeah, those are non-essential items aren't they. Knobs.
I'm still pissed off from the last election when they slapped the GST on pads and tampons. Yeah, those are non-essential items aren't they. Knobs.
Blame the Democrats for that, they got voted in saying they wouldnt support a GST, then they did a deal with the Liberals to allow it through! However, they got what they deserved this election thankfully
Kem
Very cynical
Yeah, that was Meg Lees' fault though. I bet she was menopausal and didn't give a shit. Most of the Democrat party thought she was a knob too.
I've decided to become a conservative. It's SO much easier just to hate everyone and everything rather than being nice all the time.
I hate foreigners! I hate poor people! I hate gay people! I hate gay poor foreigners! Death to everyone who isn't an Anglican!
There, now I feel better and more in tune with my surroundings.
I hate foreigners! I hate poor people! I hate gay people! I hate gay poor foreigners! Death to everyone who isn't an Anglican!
There, now I feel better and more in tune with my surroundings.
why is voting so complicated?
Why can't they make it: Put a tick in the box for who you want to represent your area, and put a tick in the box for who you want to be our government.
this whole preferred thing or whatever gives me the shitties.
Why can't they make it: Put a tick in the box for who you want to represent your area, and put a tick in the box for who you want to be our government.
this whole preferred thing or whatever gives me the shitties.
phlogiston
Bejabbers!
That's actually a really good idea Ceydn. This time around I actually thought the Libs offered my *area* more, but I thought the ALP offered the country more. But now I think about it, I'm not sure if that would work. It's worth the thought exercise though.
Goreripper
Metal as fuck
I think this election has showed that preferential voting's had its day. Parties were doing deals with each other to share preferences, but in the end, it didn't make any difference.
