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Fadey is right like usual, Rudd has fucked himself in his own arsehole

2 (66.7%)

Fadey is just being his usual fuckwit self, Rudd is the best PM we've ever had!!

1 (33.3%)

Total Members Voted: 3

Voting closed: May 06, 2010, 02:06:29 PM

[SG]

cant find the quote, but CA regarding Etax - the new system means people would be able to lodge online and can chose to submit or not depending on what deductions they have to declare. So mother tells me that at least 40% of people can just claim the automatic refund (think its $300 atm, rising to $500) without submitting returns as the group certs are sent to tax office anyway so shoudl be correct. 

Say goodbye to that shoebox of receipts

The Budget revealed changes to the way millions of Australians do their tax returns.

Rather than collecting receipts throughout the financial year to claim money back on workplace expenses, from July 2012 workers will be able to claim $500 in a standard deduction, increasing to $1000 from July 1, 2013.

In what Mr Swan called "the tick and flick", it is expected more than six million Australians will benefit by getting more back in the their tax refund without having to fork out fees for an accountant or tax agent to do it.

These changes will be available on an "opt-in" basis, so workers can still claim expenses above the standard deduction.

[Lord Biscuit©]

Bikkie - we would probably have been safe without them handing out the money.

..and I suppose you thought the whole U2K bug was a big con because nothing much happened?

[GreenFroggie]

..and I suppose you thought the whole U2K bug was a big con because nothing much happened?

U2 are creating computers now? Where's mine? Ohhh maybe they are releasing it on I-tunes only? Dammit!

Um, nothing did happen? Though I think it would have been awesome if Skynet took over the world as some people were claiming...plus the new Millennium was meant to be in 2001 not 2000, so calling it the "Millennium Bug" was false advertising. And it was a software problem. All they had to do was fix the software to display 2000 instead of 00 and the problem was solved? Did ANYONES computer die then? No. It was all mass hysteria over nothing. Kind of like our supposed recession. If it happens it happens, don't panic about it and don't make stupid decisions. Which is what Kev did. He saw the peeps panicing and "OHNOES ITS THE END OF THE WORLD" and gave them money to stop them being morons....

Point I was trying to make is that if we went into a recession with a budget surplus then we would come out of it far better than if we had an already existing debt. As the debt can only get bigger...

You vote for kev and think that teensy tiny $900 was the best present you ever got don't you? Oh dear. Do you REALLY think it helped the economy though? Stats i've read show that almost half of it went back to the gov't through Pokie/Gambling taxes. Did that "help" us beat the so-called recession we never had?

[Lord Biscuit©]

You believe stats?!? OMG, you've got it worse than I thought. Off to the doctors with you!

...and OMG, you really are one of those.

Did ANYONES computer die then? No. It was all mass hysteria over nothing.

You really have no idea of what went on, do you? Next you'll be telling me the moon landings were invented by the CIA to prove how clever they were.

[Emperor Fadeaway]

cant find the quote, but CA regarding Etax - the new system means people would be able to lodge online and can chose to submit or not depending on what deductions they have to declare. So mother tells me that at least 40% of people can just claim the automatic refund (think its $300 atm, rising to $500) without submitting returns as the group certs are sent to tax office anyway so shoudl be correct. This I assume would be through etax so you just click submit or amend it and then submit. People like me however who have shitloads of deductions and charity receipts would need to submit a return, but again i do it through etax anyway which saves time and paper and having to pay accounting fees for stuff i can do myself as etax have a pretty good step by step guide.

I still bet you get it wrong.

Bikkie - we would probably have been safe without them handing out the money. I mean, forum question, did anyone REALLY need it? Im sure you wanted it, but did you do what the govt said and spend it? I chucked mine in bank so did heaps of other people....
The aussie economy would have been safe as we did not have a debt. most other countries already had massive debts but we had a pretty good surplus thanks to Costello. Rudd handing out the money kind of screwed us as if we HAD gone into recession then the debt would have got larger and everyone would be in shit. He is lucky we missed it, and it had nothing to do with his money paid to dead people.

Surprised you understand it actually.

I paid my tax bill with it.

They just got their own money back. So I contributed nothing to avoiding recession. And no, my disposalable income did not increase, because I wouldn't have bothered paying the tax bill if he didn't send me the money to pay it with.

Now I just need a $4,000 economic stimulus cheque for this year.

[Emperor Fadeaway]

...and OMG, you really are one of those.You really have no idea of what went on, do you? Next you'll be telling me the moon landings were invented by the CIA to prove how clever they were.

She has a better idea than you do if you think his stimulus did anything but help his CFMEU mates rort the government coffers with his BER nonsense.

But that's expected with Labor in power.

And the $900. HAHA. Make me laugh.

[SG]

..and I suppose you thought the whole U2K bug was a big con because nothing much happened?

Correct.

Not to say it wasn't an issue that needed managing but the whole "doom, doom, the world is going to collapse" rubish that went round was way over teh top.  Y2K was just another of many issues business faces on a regualr basis.  In some ways the GST introduction was a bigger problem.

SG

[Lord Biscuit©]

Only correct in that a very few nincompoops went 'oh me, oh my, doom doom', otherwise incorrect. Businesses do not face replacing 85% of all electronic equipment by a certain date and have to purchase countless software updates 'on a regular basis'. This was very much a one off (unless you are concerned about the year 10K problem). Great for the IT industry if you look at IT spend leading up to 2000 (I think it was something like $3billion spent in Australia, US$100 billion in USA), but also tough times for the IT industry when all IT spending stopped in 2000 for the next 3 years.

GST shouldn't have been a problem at all. I blame the Greens for stuffing it up. The whole notion of 'exemptions' cost a fortune, and still causes pain to this day. I'm still pissed off about it! At least the Y2K problem had an exact end date, and therefore the problem had to be resolved by then.

[T. Wolfe Tone]

GST shouldn't have been a problem at all. I blame the Greens for stuffing it up. The whole notion of 'exemptions' cost a fortune, and still causes pain to this day. I'm still pissed off about it! At least the Y2K problem had an exact end date, and therefore the problem had to be resolved by then.

Democrats, not the Greens.

[Gin Bunny]

Democrats? Who the hell are they?

[Lord Biscuit©]

Yeh, frikin' Meg Lees. What a twat.

[SG]

Only correct in that a very few nincompoops went 'oh me, oh my, doom doom', otherwise incorrect. Businesses do not face replacing 85% of all electronic equipment by a certain date and have to purchase countless software updates 'on a regular basis'. This was very much a one off (unless you are concerned about the year 10K problem). Great for the IT industry if you look at IT spend leading up to 2000 (I think it was something like $3billion spent in Australia, US$100 billion in USA), but also tough times for the IT industry when all IT spending stopped in 2000 for the next 3 years.

Given I was working as PM on the largest SAP rollout in the country to handle this exact thing I can guarantee that companies for out shitloads for "upgrades" to their ERP software on a very regular basis.

GST shouldn't have been a problem at all. I blame the Greens for stuffing it up. The whole notion of 'exemptions' cost a fortune, and still causes pain to this day. I'm still pissed off about it! At least the Y2K problem had an exact end date, and therefore the problem had to be resolved by then.

Yep, and given the company was a multinational food and products company you can imagine the fun we had with cooked/uncooked/basic categories in our master data.

Fucking Democrats, they did it half right by letting it in then they cocked it up with the exemptions (as you point out).

SG

[Lord Biscuit©]

You miss the point. I'm not talking about a company, even a large one, upgrading or replacing their equipment. I'm talking about every company, government department, home business, network operator, airline, utility etc etc etc having to upgrade/replace their equipment all at the same time, for the same target date. 10 years on, and one shudders to think of such an idea given the massive increase in electronic infrastructure since 2000.

[T. Wolfe Tone]

I don't know who I'll vote for. I don't like either option. Actually I'll end up having to vote Labor to keep the Nationals out of parliament. Feckin' thing.