info on australian 2009 handout stimulus

Subject: RE: info on australian 2009 handout stimulus
From: The Sandman
Date: 13 Jan 11 - 05:57 PM

re

Subject: RE: info on australian 2009 handout stimulus
From: The Fooles Troupe
Date: 12 Jan 11 - 06:41 PM

The flooding is expected to do a hit of at least 1% GDP (national!) - but then as people replace lost items, there may be a slight boom.

Subject: RE: info on australian 2009 handout stimulus
From: freda underhill
Date: 11 Jan 11 - 06:50 PM

Gerard Henderson .. aaaggghhh! that says it all (groan).

Subject: RE: info on australian 2009 handout stimulus
From: Richard Bridge
Date: 11 Jan 11 - 05:56 AM

PS - the implication for The Con-Dems would seem unfavourable.

Subject: RE: info on australian 2009 handout stimulus
From: Richard Bridge
Date: 11 Jan 11 - 05:48 AM

My stepson who lives in Sydney says they are having a boom.

Subject: RE: info on australian 2009 handout stimulus
From: Allen in Oz
Date: 10 Jan 11 - 08:44 PM

Well done Freda

You have nailed the IPA well

Gerard Henderson is one of their supporters and apologists I believe

Nothing changes in OZ...Like the Bourbons they have learnt nothing and fogotten nothing

Allen

Subject: RE: info on australian 2009 handout stimulus
From: freda underhill
Date: 10 Jan 11 - 08:45 AM

I note that Sinclair Davidson is a member of the Institute of Public Affairs (IPA, a right-wing, corporate funded think tank based in Melbourne). It has close links to the Liberal Party of Australia, with its Executive Director John Roskam having run for Liberal Party preselection for a number of elections. (In Australia, the Liberal party is a conservative pro-business party). The IPA key policy positions include: pro privatisation and deregulation; pro-nuclear power; attacks on unions and non-government organisations; support of assimilationist Indigenous policy (cf. the Bennelong Society) and anti-science skepticism of climate change.

Subject: RE: info on australian 2009 handout stimulus
From: freda underhill
Date: 10 Jan 11 - 08:30 AM

One of the world's leading economists, the Nobel Prize winner Joseph Stiglitz, says no country implemented a better or more effective stimulus package than Australia. The stimulus worked and Australia beat the global recession, and kept people in jobs.

Over Fifty Australian Economists Agree Fiscal Stimulus Prevented A Major Recessi

Nobel Laureate Professor Joseph Stiglitz stated publicly that the Australian Fiscal Stimulus was a well designed package that saved the Australian economy from a major recession that has hit almost all the other OECD economies. He argued that the Australian package was a model for other economies facing similar problems.

After the stimulus package, the Australian economy avoided recession and survived the Global Financial Crisis in surprisingly good shape.

Subject: RE: info on australian 2009 handout stimulus
From: The Sandman
Date: 10 Jan 11 - 08:10 AM

it seems to me like a sensible way to stimulate an economy, pity the irish politicians are so clue less, they dont seem to understand how to manage capitalism successfully.

Subject: RE: info on australian 2009 handout stimulus
From: Sandra in Sydney
Date: 10 Jan 11 - 01:58 AM

article - Rudd's stimulus package is far from perfect, by Sinclair Davidson

Sinclair Davidson is a professor in the School of Economics, Finance and Marketing at RMIT University and a senior Fellow at the Institute of Public Affairs.

Economic stimulus package under senate scrutiny Program on Australian Broadcasting Commission evening news program - PM covers a broad spectrum of issues relevant to all sections of Australia's geographically and culturally diverse community.

The Business Council on the Rudd Stimulus Package - An association of chief executives of leading Australian corporations that aims to build a better and more prosperous Australian society.

Rudd's stimulus package is far from perfect

The Institute of Public Affairs is an independent, non-profit public policy think tank, dedicated to preserving and strengthening the foundations of economic and political freedom. The IPA supports the free market of ideas, the free flow of capital, a limited and efficient government, evidence-based public policy, the rule of law, and representative democracy.

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I thought the money was only for low incomes (ie. government support & the very low paid) & got a shock to see the money in my account! I'm retired on a good private superannuation pension & don't need a top up.

I was planning to buy some new shoes (always expensive for the types I wear) so used part of the money to buy 2 pairs. The rest disappeared into my account & paid for whatever I bought next!

I have a friend on a disability pension who found the money very useful.

sandra

Subject: RE: info on australian 2009 handout stimulus
From: The Fooles Troupe
Date: 09 Jan 11 - 10:38 PM

It was supposed to help - it certainly helped me to pay bills and debts.

Subject: RE: info on australian 2009 handout stimulus
From: The Sandman
Date: 09 Jan 11 - 04:05 PM

I clicked the bs non music ,could an elf help to put this below the line, thanks.

Subject: info on australian 2009 handout stimulus
From: The Sandman
Date: 09 Jan 11 - 04:03 PM

can any australian mudcatters give us information on how successful the handout 2009 stimulus package in was in stimulating the economy against recession.