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Someone made a post about Norway's pension fund. They have taken a long term view for the good of the country. Companies drilling for oil in the North Sea pay about 78 per cent tax. Those taxes go into the pension fund, which in 2019 will hold about $1 trillion. Norwegians have a high standard...

I thought I would quote that just because I like it. I didn't know you did that TC--I like you even more now. I can see where TC is coming from and I don't think that he would wish any of these people harm. You're right Beanie Girl: there are plenty of Libs in the real world who are kind...

Most politicians don't think about making things better 10, 20 or 50 years down the track; they think about what will make things better in the short term so that they will get voted back into power. Sometimes long-term policies are put into place, only to be abolished when the other side...

If the Greens got into power, there'd be (probs) three major parties. Imagine the number crunching and the backroom deals to get through any legislation, and imagine how watered down that legislation would be once it was enacted. That's just to get it through the House of Reps. It would be...

That's why I said 'for the most part'. From what I've seen, senior public servants who are known to be politically aligned with the government that's just lost power get moved on.

chilliblue, then you are talking about the public servants. For the most part public servants don't lose their jobs with a change of government.

Chilliblue, senior staffers always change with a change of government. Abbott's current chief of staff, Peta, is married to Loughnane (former tenant of mine lol) federal director of the Libs. Staff of backbenchers have usually worked in the electorate office and then fly backwards and forwarded...

John Vaz, Course Director Master of Applied Finance at Monash University: .. $7B of these lost savings were due to the governments eagerness to remove the Minerals and Resources Rent Tax without finding structural offsets, rather targeting education and social security payments to balance the...

imho, I don't think Tony will see it through to the next election. there'll be some knives in the back and some blood letting.

The Libs may have got the budget into surplus had they not repealed the mining tax and the carbon tax.