Saturday, May 30, 2009

RUDD - Unrepresentative Union Lapdog

No one can say it was unexpected, the Australian Krudd government and it’s looney, militant left once again determined tom drive Australia down the path of the 70’s of high employment, high inflation and misery all in the name of a bankrupt ideology.
“UNIONS will pursue industry-wide pay claims and press federal Labor to legally require companies to report wages data annually, in a bid to close the salary gap between male and female workers.
Bargaining claims should include a push for improved hours of work, increased job security, better conditions for casuals and an enhanced work and family balance.
Noting the increased pay gap between men and women, the congress is expected to call on the Rudd Government to introduce new laws and regulations to reduce the difference between the remuneration of male and female employees.
Unions want Labor to require employers to report equal remuneration data annually as a way of promoting equal pay.
Regulations should also be introduced to prevent unequal remuneration, including the issuing of employers with performance improvement notices and mandatory action plans, they say. The Government should appoint a pay equity commissioner and set up a pay equity division within Fair Work Australia to monitor and investigate pay equity”

So let’s see some Union twats who have never held a real job wants:

My company to report to him how much I earn?
Less hours?
More Pay?
More union invention?

One thing about the loony left that they certainly don’t let the real world interfere with their dogma. Even blind Freddy could see companies going under left, right and centre with more and more people out of work every day. Of course, that doesn't matter to these parasites on society.

Bloody morons!!..Krudd, is often accused of being a do nothing bureaucrat, when nothing could be further from the truth. The real question is how much damage can this government do in its one term of unmitigated incompetence.

Sunday, May 17, 2009

OVERSEAS TAX - OZ/INDONESIA

Call this one a Public Service Post. For Aussies working overseas, the Rudd tax grab in support of free handouts by reviewing Overseas Tax Arrangements send a shiver down many a spine (Stumps Included). However it appears it only applies to "resident rax payers" Below is from the SMARTS group, who say they are happy for the email to be forwarded so I suppose a post counts? Naturally the Stump cannot make any claims to the accuracy of the article but it should help a few sleep better tonight.

"It seems that there is one thing scarier than a A$57 billion Australian Federal Government Deficit.

In the Budget released this week was an announcement that Australians working abroad will now be subject to tax on their foreign income in Australia as a result of changes in Government policy in the Budget.

We have received numerous calls and emails on this so we thought it appropriate to send this special Expat Update to you to clarify the position and keep you informed.

The changes announced in the Budget only affect RESIDENT Taxpayers, that is people living in Australia and commuting for short term employment stints overseas.

For anyone that is genuinely LIVING ABROAD there is no change as you are a NON RESIDENT for Tax Purposes and the old Exempt Income Rules did not apply to you in any case.

If you are unsure if your are living in or out of Australia, it is a simple as where is your “HOME”. If your current “LIFE” (for the next few years roughly) is based out of Australia, then it is highly likely you are Non Resident. If you have doubt please do not hesitate to contact us for clarification.

What the change does mean is that anyone currently living in Australia and enjoying the Tax Exempt status on 90 plus day overseas assignments or on flexible short term overseas assignment, should seriously consider moving abroad after 1st July to become tax Non Resident rather than continuing to commute and be exposed to Australian tax. For those that traveled less than the 90 days there is no change to the previous treatment as they have been taxable in Australia throughout.

Fortunately the Budget did not make any changes to the current Tax benefits of Australian Expatriate life, so all the items covered in my planning book "The Aussie Expat - The Luckiest Person on Earth" remain including the claims on Australian property and the ability to accumulate Tax Credits whilst living abroad."

Wednesday, May 13, 2009

A BEER BUDGET

Well the budget is out and a bigger disaster than even the Stump had thought..Jeez..how many Whitlams in a century must a country endure. Certainly, it has place on hold the Stump's plan to return to the land of OZ.

Any country that provides higher welfare payments to Illegal Immigrants and Refugees than its does to its own retirees really needs to review its loyalty to the country. The Stump is not saying that Refugees should be supported here by the way, but just how many countries do you transit before a refugee becomes an economic tourist.

The will be a shed load of budget analysis over the next few days but to save time and as the first part of series of Oigalnomics here is the Labour Budget Breakdown.. Time for a beer!

Ten men go out for beer and the bill for all ten comes to $100.

If they paid their bill the way we pay our taxes under a Labor Government, it would go like this:

- The first four men (the poorest) would pay nothing.

- The fifth would pay $1.

- The sixth would pay $3.

- The seventh would pay $7.

- The eighth would pay $12.

- The ninth would pay $18.

- The tenth man (the richest) would pay $59.

So, that's what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. 'Since you are all such good customers,' he said, 'I'm going to reduce the cost of your daily beer by $20. 'Drinks for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free.

But what about the other six men - the paying customers?

How could they divide the $20 windfall so that everyone would get his 'fair share?' They realized that $20 divided by six is $3.33.

But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to drink his beer.

So, the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so the fifth man, like the first four, now paid nothing (100% savings).

The sixth now paid $2 instead of $3 (33%savings).

The seventh now pay $5 instead of $7 (28%savings).

The eighth now paid $9 instead of $12 (25% savings).

The ninth now paid $14 instead of $18 ( 22% savings).

The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings. 'I only got one dollar out of the $20,' declared the sixth man. He pointed to the tenth man,' but he got $10'

'Yeah, that's right,' exclaimed the fifth man. 'I only saved one stinking dollar, too..

'It's unfair that he got ten times what I got!' 'That's true!!' shouted the seventh man. 'Why should he get $10 back when I only got two? The wealthy get all the breaks!' 'Wait a minute,' yelled the first four men in unison. 'We didn't get anything at all. The system exploits the poor!'

The nine men surrounded the tenth and beat him up. The next night the tenth man didn't show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half the bill!

The people who pay the highest taxes are also the ones who provide the most jobs and sustain the welfare. Attack people for being successful and reward the handout mentality, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

Monday, May 11, 2009

SWINES and SWINE FLU

Well it would appear the greatest beat-up since global warming and Al Gore’s disappearing islands has coughed its way into a common cold. The Stump is of course referring to the Mexican Swine Flu or MSF (The swine bit being particularly unfortunate for millions of pigs as the ignorant and uninformed slaughtered millions of pigs in the name of...stupid). One of the more interesting factoids that came out was a 1000 people a year die from bee stings in the USA, one can only imagine the reactions if MSF death count had approached anything like that. Damn they would have been shooting planes out of the sky.

Indonesia ever reliable, provided endless amusement in its reaction to MSF. The masked medical avengers were standing by at every other airport taking temperatures of international travellers by scan or manually depending on the size of the airport (well that was the official line). In accordance with government tradition the Stump’s recent travel at the height of the scare revealed the standard “Style over Substance”
Incident One..Jakarta International (?) Airport, International flight from Singapore is delayed and arrives after 10 pm. Sure enough there are the scanners, the beds, the signs demanding everyone is checked. The amusement, it’s after 10pm and all the health staff (?) have gone home. Maybe the virus cannot live after dark, a reverse vampire thing?

Incident Two
.. A major regional airport is testing international passengers with those digital thermometers you place in the ear. Funnily enough the medical staff (?) were shocked when passengers refused to be checked as they had run out of the disposable plastic covers that go over the pointy bit to prevent person to person infection. Best comment heard in the line “If you try and put that thing in my ear again, you will be measuring the temperature of your small intestine”

The stunning bit was the so called medical staff could not understand the reluctance of people to have an unsterilized instrument that had been in 150 unwashed ears rammed into their heads.

Meanwhile we have senior government officials musing that the virus was USA germ warfare...a rib tickler and the flu bug cannot live it hot climates (which must be news to the Mexicans).

On other issues the head of the corruption commission in Indonesian is currently assisting police with a murder investigation. This is a beauty with sexy caddie girls, drive by murders and allegations of a frame up. The elected officials quickly held a meeting to decide what to do about this, after all you would assume the issue would be how to keep the corruption commission going and uncovering the rampant graft...Ha ha..You assumed wrong..they wanted to cancel all future and current investigations...as well they would, seeing the number of pollies have been caught with their nose in the trough, time to line up again boys heey!

Still on dopy politicians, the Australian Krudd Government hands down its first budget on Tuesday. This budget is guaranteed to place Australia in more debt than any other time in history. The last Labor government left the Australian Taxpayer with 100Billion dollar debt that took over ten years to pay off during unprecedented boom times. Tuesday’s budget is expected to show a debt of 60 Billion dollars (for 26 million people are you morons serious?). The latest piece of tripe from Treasurer (?) Swan is the current problem is all the fault of the Howard Government..yea right the one that left theses no hopers with with zero public debt, a substantial surplus - $22 billion - lower taxes, record low unemployment, and higher real wages. All Australia will get out of these morons is a 300Billion dollar debt. Already 60 Billion dollars in debt (That's 80 Billion dollars plus all up in less than 12 months...now name one significant infrastructure project or plan).

To those complete dropkicks who fell for the Krudd line of glitz at the last election, your grandchildren will thank you...NOT. At least in Indonesia, the politicians don’t pretend to be providing a service to the people just witness the opportunistic grabs for power as the position of President hangs in the balance.