Tag Archives: media release

More Labor Bad Accounting

20 Mar

Media Release – Senator Barnaby Joyce, 20 March 2010:

The Labor Party has added another $2.1 billion to our debt in the last fortnight which cracks the $130 billion mark. This is slightly less than the Clem 7 tunnel in Brisbane and would build 10,000 kilometres of sealed roads in regional Australia. They know they will never be responsible for paying it back.

Every week we find out more and more of what they have purchased with our credit card. The Building Education Revolution (BER) appears to be a very choice piece of work. Yet another brilliant example of the Labor Party not dotting the ‘i’s and crossing the ‘t’s, as Mr Tanner pointed out with regard to his input into the Ceiling Insulation Program.

The Labor Party cannot control costs. It appears they have never had experience in running a business and have now decided to experiment with the Australian economy as an economic crash test dummy with silly and dangerous ideas.

The cost overruns, inside deals for unions, burning houses and electrocution fatalities are just the start of understanding how the Labor Party manages the economy.

Today, what inspired this media release is that I have just walked out of a K Mart, after a buying a cheap pair of working trousers, and a mother with two children and an older couple were lined up to tell me about money that has been squandered in their district. They were concerned what the effect of going public with their story would have on their local school teacher but the story has grabbed my attention.

$250 000 has just been spent on a school hall in a local village/town. They could identify $110 000 worth of costs but $140 000 was for them “mystery money”. The school raised a complaint with the contractor and has since been refunded in excess of $30 000.This seems to be the story nearly everywhere you go and now is more widely ventilated with what we are reading in the papers.

Mr Tanner, Mr Swan and Mr Rudd are responsible for this. Their whole management critique is farcical. The ceiling insulation program has literally turned into a national crisis; the BER is the Big Education Rip off; the hidden Henry Tax Review; the $43 billion NBN project that was begun without a cost benefit analysis. To top it all off, is the Labor Party’s continued insane desire to re-jig the whole Australian economy based on a colourless, odourless gas that will apparently lead to Australia, single handedly, cooling the planet. On and on it goes, this rolling Greek tragedy, which is Labor Party management.

As an accountant, I have seen this form of management that the Labor Party indulges in.  It reminds me of the new arrival in the family business who is flash as a rat with a gold tooth and is quickly swindling away years of hard work.

They have the whole household on hire purchase, with the new car, the new boat, the new pool, the new stereo, multiple overseas trips to many and varied destinations but they have no new income and the result is a massive debt. You get this sinking feeling that just like they blew in, they are going to blow up then blow out.

More information- Jenny Swan 0438 578402

Next week, the Rudd Government has scheduled to take us another$2.1bn into debt.

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Hell Freezes Over

18 Mar

Media Release – Senator Barnaby Joyce, 18 March 2010:

Hell Freezes Over: Cameron / Barnaby Agree

For once, Senator Barnaby Joyce agrees with the government. In the Senate today Senator Doug Cameron said, “This government has a good record on tax”.  They have a great record if it is about increasing taxes. Barnaby Joyce says he is glad that they recognise this. The Rudd Government’s ETS is one of the biggest imposts on every aspect of life ever invented.  So it is great that the members of the Senate do recognise that they have a fine record of creating taxes. Remember this is a tax on everything that will achieve nothing. It will not change the weather patterns but it will increase the prices on everything.

Mr Rudd did give us hope that there may be some real efforts on tax reform, but the report is conspicuous by its absence. Perhaps the Henry Tax Report has become a doorstop, a coffee table book or elaborate origami, buried somewhere in Mr Swan’s office?  Without the report, how can the Federal Government expect the states to agree to any change of GST funding for their proposed health plans?

More information- Jenny Swan 0538 578 402

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Joyce With Coalition On Parental Leave

16 Mar

Media Release – Senator Barnaby Joyce, 16 March 2010:

Senator Barnaby Joyce rejects claims that he has “broken ranks” with the Coalition on the Paid Parental Scheme.

Senator Joyce said, “I support the Coalition’s Paid Parental Leave scheme. Unlike Rudd’s Mickey Mouse, re-badged baby bonus, our scheme delivers direct and real financial security for families, not just more forms to fill out.

“Realistically, you cannot compare the effect of a small, modest levy on big businesses with the Government’s ‘great big new tax’ of an ETS. The Government’s ETS will cost $42 billion in the first four years alone. $42 billion to do what? It won’t give us anything like the benefits of achieving greater participation in the workforce by women. It won’t give families the income stability to raise a family.”

Larger businesses have the capacity to absorb this levy in the best interest of the nation. As many members of the Coalition have stated, after we have sorted out Labor’s debt problem, and after we’ve been able to reduce personal tax, the Coalition will seek to reduce the rate of company tax over time.

More information- Jenny Swan 0438 578402

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Labor’s Debt Legacy

12 Mar

Media Release – Senator Barnaby Joyce, 12 March 2010

Senator Barnaby Joyce says that reports in The Australian today confirm what the Coalition has been saying for months on debt and interest rates. Simply put, the Rudd Government’s excessive and profligate spending is putting upward pressure on interest rates.

It is clear that the RBA have resorted to the fastest increases in interest rates among advanced economies in response to the effects of this spending. So while other countries enjoy modest rises, hard working Australians will be paying the price for Labor’s bad management.

There is still a major portion of the $42 billion Nation Building and Jobs Plan to spend and while the Government has almost $128 billion of debt on issue (almost $16,000 per household), this is less than half its projected peak of $270 billion in 2014-15.

Gross debt has risen from $126.183 billion two weeks ago to $127.982 billion today. In two weeks the debt has risen by $1.8 billion. Easy to throw these figures about, but remember, just this increase is enough to seal 9000 kilometres of 6 metre wide road in country Queensland. This would take us from Sydney to Perth and back again and still have money left over.

It is highly unlikely there will be many left of the current Labor members by the time this debt is repaid. In fact quite a few will have passed away, but the debt will still be with us.

More Information- Jenny Swan 0746 251500

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Trust Rudd on Health?

3 Mar

Media Release – Senator Barnaby Joyce, 3 March 2010:

Barnaby Joyce, whilst campaigning with Andrew Lamming, Member for Bowman, said that he was astounded to hear a headline speech on the reconfiguration of health policy by the Prime Minister. It is obviously one of the major issues that Mr Rudd wishes to take to an election. On Sunday he was apologising that he didn’t understand health and that it was more complicated than he expected.

On Sunday he wanted “whacking”.  On the same issue, today, Wednesday he wants backing and has left all of us scratching as to which Kevin Rudd to believe today.  No doubt it is this ad- hoc and erratic approach to policy that led to the mad hatter insulation policy and one would have to presume that the same management criterion that was taken to the ceiling insulation program will be taken to health.

One has to ask the question how he managed to get a huge turnaround in his grasp of the subject matter in three days.

More Information- Jenny Swan 0746 251500

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Joyce: Rudd On Risk

1 Mar

Media Release – Senator Barnaby Joyce, 1 March 2010

On the weekend I was flattered by Mr Rudd making a statement about myself and risk.  I heard the statement whilst driving from a major protest in Armidale about the decision to bring in beef from countries with mad cow disease, which I think is very risky and so do most Australian consumers.

Whilst driving there was blanket coverage on the radio about Mr Rudd’s insulation program, a program responsible for the deaths of four young men, a program which has burnt down approximately one hundred houses and created deaths traps in about another 1000. According to James Tinsley from the National Electrical and Communications Association  it could cost tax payers almost half a billion dollars to fix.

Yesterday I heard Mr Rudd asked about fixing the health system and he said, “We didn’t anticipate how hard it was going to be to deliver things.” Now he wants us to give him more time to do a proper job on it. Let us not forget that Mr Rudd continues to pursue the Emissions Trading Scheme. This is where he reconfigures the whole of the nation’s economy based on a colourless, odourless gas while taxing every Australian household at the power points in their rooms. This is on the belief that Minister Wong can single handedly change the temperature of the globe from her room in Canberra.

Surely Mr Rudd can see the paradox of his statements on risk and national management. I’ll have to inform Mr Rudd, that as I drive around the country I am told constantly about the parody that his government is becoming. I think the best summation of the Labor Government was given by two people, a worker in a mine talking about discussions with his union colleagues and a service station operator. The first one said we just do not understand anything Mr Rudd says and we are very concerned about our jobs and his position on the ETS. The service station operator said people just start laughing when they see Mr Rudd now.

That, Mr Rudd is the fair dinkum reality. It is like the mechanic who, asked to service your car has done nothing to it except mount up a huge bill. After a couple of years bits and pieces of the vehicle are strewn around the shed and now Mr Rudd rushes out the front to talk to you with his little note book and says, I know I’ve stuffed up but I just want you to give me a couple more years to do a proper job on this.

More Information- Jenny Swan 0746 251500

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