5552 replies to this topic

[Delete This Account]

But in all seriousness, my B4's finest moment was chopping a Ferrari 360 convertible.

[Shaz]

But in all seriousness, my B4's finest moment was chopping a Ferrari 360 convertible.

[B4TT]

It doesn't count when the 360 has its nose in a tree.....

[Adam]

It doesn't count when the 360 has its nose in a tree.....

Walts raced Morgan?

[B4TT]

Hahahahahahaa.

[B4TT]

[Adam]

Yeah, our boss is blaming the slow down here on the mining tax. If this bitch costs me another job. I'll rage!

[Shaz]

Yeah, our boss is blaming the slow down here on the mining tax. If this bitch costs me another job. I'll rage!

Full of it. So many people are blaming "the mining tax" for their business going down the shitter.

Hell, I might increase prices on window tinting, because of the mining tax. Coz, I use a full metallised film, which has metal, which has been dug from the earth, and taxed, therefore I should exponentially increase my prices.

What a crock.

[B4TT]

[Adam]

Okay.

Well, whatever has caused the downturn in mining has lost us about 20 trucks already this year.

[B4TT]

Shaz, it is not just the tax in itself that has caused the issues, it is also the sentiment among investors who are the driving force behind the expansion of projects.

A company has planned to spend $X on a developing a new project to make $Y dollars in return, investors are impressed with what they see and jump on board expecting a return within a given margin all going to plan.... Most of the time this was predictable to a point, you could work out roughly where things were going (obviously commodity price fluctuations can be hard to predict, but they try) Nek Minnet, Gillard decides that she should smash a carbon tax on them...... This effects coal mining for one, Australias second largest commodity after iron ore. Some mines that were planned for expansion or development suddenly become a whole lot less economical as the profit margin sinks (along with falling export prices though).... This causes a stir among investors who are now stuck with a bad investment, maybe even making a loss as some expansion/development is either put on the back burner or shelved altogether....

Now, along comes Gillard again.... BAM MRRT, mining pretty much anything else becomes less profitable in Australia (yes they can still make profits but investors are looking for maximum return, not just yeah it ticks along) Once again some large iron ore projects are either delayed or shelved (not all) investors are again losing out.. this kills investor confidence towards investing in these projects in Australia as they just simply cannot know what the Gillard government will throw up next that will turn a good investment into something barely profitable or loss making if it proceeds.

Flow on effect is less equipment investment, less jobs.... do we really need to go into how this has flow on effects to the rest of the economy?

[Adam]

Where'd you copy/paste that from



Srsly. Agree though.

It is solely her fault for my last job loss.

[Shaz]

Shaz, it is not just the tax in itself that has caused the issues, it is also the sentiment among investors who are the driving force behind the expansion of projects.

A company has planned to spend $X on a developing a new project to make $Y dollars in return, investors are impressed with what they see and jump on board expecting a return within a given margin all going to plan.... Most of the time this was predictable to a point, you could work out roughly where things were going (obviously commodity price fluctuations can be hard to predict, but they try) Nek Minnet, Gillard decides that she should smash a carbon tax on them...... This effects coal mining for one, Australias second largest commodity after iron ore. Some mines that were planned for expansion or development suddenly become a whole lot less economical as the profit margin sinks (along with falling export prices though).... This causes a stir among investors who are now stuck with a bad investment, maybe even making a loss as some expansion/development is either put on the back burner or shelved altogether....

Now, along comes Gillard again.... BAM MRRT, mining pretty much anything else becomes less profitable in Australia (yes they can still make profits but investors are looking for maximum return, not just yeah it ticks along) Once again some large iron ore projects are either delayed or shelved (not all) investors are again losing out.. this kills investor confidence towards investing in these projects in Australia as they just simply cannot know what the Gillard government will throw up next that will turn a good investment into something barely profitable or loss making if it proceeds.

Flow on effect is less equipment investment, less jobs.... do we really need to go into how this has flow on effects to the rest of the economy?

TL;DR - Gillard has fscked Australia again.

[Adam]

Blerp

2.5 hours to go. Thinking about mowing the lawn. Probably wont though hahaha

[Shaz]

[Harry88]

But in all seriousness, my B4's finest moment was chopping a Ferrari 360 convertible.

Hello all

Shaz's picture responce was gold!

I have decided today that I shall start looking for a new job.

[B4TT]

As a mascot for linux?

[Harry88]

As a mascot for linux?

Very funny.

Not to sure. Its probably gonna end up being another retail job. Just as long as its monday-friday and the pay is the same or better then im sold.

[Tim.]

[Brett]

Red bull are really trying to gain some attention on the release of their v8 super car.

Here's a hint, silver and blue with a red bull logo?

Nik, y u delete my posts in asx thread

Hahaha he deleted mine too Adam. Hahaha then made a reference to talking about it in GT. double standards much. I think the toyota celica might be clouding his judgement.