The Andrews government is bracing for more hits to its budget as the housing sales slump bites into the state’s tax revenues.
Public sector unions are reportedly unhappy that a 2 per cent pay rise has been proposed by the state government for tens of thousands of police, health workers and public servants, saying such an offer would fall short of cost-of-living increases. The $9.7 billion earned from the 2016 sale of the Port of Melbourne has already been spent on the state's ambitious level-crossing removal program.
“People do need to realise that the state’s revenue is being compromised, partly due to the adjustment that’s going on in the property market at the moment,” Mr Pallas said.
Source: Real Estate Daily Report (realestatedailyreport.net)
Australians it's time to wake up when you vote at the next Federal and state election. Unlike Victorians who fell asleep at the polling booths put in idiot DanielAndrewsMP. Don't make the same mistake Keep LaborOUT federally Get LaborOUT states Put Labor last Vote Liberal First
LaborFAIL Let’s raise the traffic fines to make it up! ☹️
LaborFAIL What a shock. No one saw this coming. Just a microcosm of what will happen if Bill gets in.
Dump it and replace it with a Land tax
‘‘We’re sitting back watching the property market each weekend,’’ he said. This is the state treasurer talking! God help Victoria. springst
Yeah because stamp duty is a fair tax
Here comes the tax increases !!!
Revenue might be right down but this is a 'write down' so your sub heading needs a right rewrite...
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Slower housing market means 'hard choices' loom on public sector payVictoria faces hard economic choices as state stamp duty cash-flow continues to plunge on the back of the slowing housing market, Treasurer Tim Pallas warns. Living of Borrowed Cash had to slow or Stop. Governments not able to live within OUR MEANS. used the magic pudding theory of ever increasing house prices. oh goody Stamp Duty Tax Charges & More Rate $$$s Bullshit, have you seen the land tax rises
Source: theage - 🏆 8. / 77 Read more »
Slight wobble in hard line but NRL on the straight and narrowBravo Peter Beattie and the movers and shakers of rugby league who changed the rules on Thursday to establish a new kind of sin bin – dare I say under the circumstances of this week, a cardinal sin bin. Peter_Fitz The NRL does not know whether the players are guilty or not. No one knows until the court case has been held. The NRL are concerned about image and money. They have no interest in individual players – this lack of concern for the individual was Stalin’s approach in Russia. Peter_Fitz Paying a guilty man’s price before a fair hearing in court, perilous times for men in all walks of life, especially footballers. Peter_Fitz Beattie never did anything right in his life
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Sharks forced to dump player after cap probeWhopping fine slashed as NRL finalises decision Hard my *rse, they will lose a player they signed to save the previous player who would have been “last player signed” thus losing their playmaker. Segeyaro was a scapegoat for Shaun Johnson. nrl 9wwos
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Jackson fans brutally fighting backLeaving Neverland, a controversial documentary centred on the child abuse allegations that dogged Michael Jackson for decades, hit the mainstream this week, airing its first of two parts on HBO last night. All attention seeking looking for quick cash ..... piss poor reporting all these people had thenchance to do this when MJ was alive now he is gone .Typical GRUB media trying to make money on this
Source: newscomauHQ - 🏆 9. / 77 Read more »
NRL news: Jack de Belin stood down ARLC, Cronulla Sharks, live blog, verdictThe ARL Commission is set to rule on the immediate playing future of Jack de Belin and Dylan Walker, who are both expected to be stood down from the NRL. Paying a guilty man's price before being convicted. Walkers is a NO BRAINER, he’s a problem on field, he should be sidelined as well. DO YOU GET PAID BY THE HOUR FFS What about melboure storm latest salary cap breach
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How to keep kids safe online? eSafety boss answers your questionsKeeping kids safe online is a vital concern, and for parents negotiating an ever-changing digital world, the right answers can be hard to come by. 9News How to keep kids safe online? Easy! Don’t let them go online! There’s no need unless you’re with them! You’re welcome!
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Construction work stalls as the residential sector goes sharply into reverseFourth-quarter construction work was much weaker than expected, hit hard by a sharp contraction in residential building, and is expected to be a significant drag on the broader economy. So for the residential sector of construction to go into reverse does that mean they are pulling down residential buildings? A point not made particularly clear in the article. Lol ABC. Stephen_Letts ALGAcomms JohnAlexanderMP DamienTudehope gscsydney NSWPlanning High time for a slowdown. Now repair all the potholes in roads which were never designed to carry all the demolition, earthwork and concrete trucks.. Get refund from the developers who make profits
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Party's over: Balloons are deadliest plastic for seabirdsStudy of dead seabirds found those that swallowed balloon fragments were more than 30 times more likely to die than those that only consumed hard plastic debris. They should not be sold. This is not new news but thank you are raising it again. Hopefully as word spreads this will become an issue in the public mind. Then I think we should ban seabirds from having balloons at their parties. Harsh I know but it’s for their own good.
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Beware of groupthink on why the economy's so weakSome experts should consider that maybe it's not the fault of workers that wage rises are hard to find. 1RossGittins Ross, this ignores the twinned problems of a recovery bought with debt at less than a 1:1 ratio; the liquidity injected over many years by central banks (adding debt to their books) and the perceived wealth reduction when they attempted to normalise last year (before reversal). 1RossGittins This is the problem to much thinking and no action walk the walk dont talk the talk 1RossGittins There’s groupthink on a massive scale right there!
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Merri has applied for more than 70 jobs — she's still desperately looking for workMerri Sims has been looking for a job since July. She's finished year 12 and completed vocational courses, but says it's hard to find a job without experience. Where? Merri election time Coalition, the ABC will have these type of reports right-up to Election day, the ABC is clever ,,,,,, and tricky. Hobart? Give me a break
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