Seriously, is it constructive to cost the nation a fortune, just to make some trivial political point and prevent bills that finance education and other services etc etc ....?
http://www.abc.net.au/news/stories/2...04/2355088.htm
Quote:
Xenophon laments missed chance as Senate rejects car tax
Posted 11 hours 48 minutes ago
Updated 9 hours 49 minutes ago
The Federal Government’s luxury car tax bill has been defeated in the Senate after Family First Senator Steve Fielding and the Opposition combined to vote against it.
Independent Senator Nick Xenophon, who had agreed with proposed Greens amendments to the bill, lamented a "lost opportunity" to make the failed luxury car tax bill greener and fairer.
… If the bill had succeeded it would have increased the tax for some cars worth more than $57,000.
Earlier Senator Fielding defended his decision to vote against the legislation, saying he had wanted it to includ...
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BanksFrom: aussiestockforums.com
Post Date: 2008-03-04 14:13:32
The last time there was a credit squeeze and interest rates went up the profitability of banks went down. Which is a fairly basic supply and demand issue. However this time because of a global credit squeeze Australian companies are having to borrow from local banks as they can no longer access overseas funds. Does this mean in this credit squeeze that the banks will retain their profitability. Any thoughts? I am tempted to buy some but so far I am watching and waiting.
Cheers
Ga...
more FX traders during London/US timesFrom: aussiestockforums.com
Post Date: 2008-03-04 18:13:37
Hi all,
Any FX traders here trade during London/US?
I would love to talk to you guys.
skype:paulromero486
msn: sting105@hotmail.com
Been trading FX for 8 months, would love to make a FX chat group.
Thanks,
Paul ...
more Loaded up with physical but....From: aussiestockforums.com
Post Date: 2008-03-05 00:08:36
Should I be looking for positions in equities???
I have a few 1000 ounces of physical and a couple of thousand in paper.
I feel the time has come to look for some companies to play silver leverage.
But I also recon a major correction is coming and due to the ludicrous leverage in the market that the baby will get thrown out with the bath....
I am also wondering if traders are so busy/lazy that they will play bullion rather than learn about a whole new ball game...
Just thinki...
more KBC - Keybridge CapitalFrom: aussiestockforums.com
Post Date: 2008-03-04 23:55:51
Have been looking at some oversold financials recently and have settled on KBC and bought today as the co. is trading on a large discount to its book value of $1.55 per share-shares currently 92c
Keybridge Capital Limited (KBC) announced an 80% increase in net profit after tax on the previous half year to $7.16 million for the six months ended 31 December 2007. The company confirmed its full year NPAT guidance of at least $20 million, in line with previous estimates.
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