Alt: Cybergate9.Net

Cybergate9.Net

Online ramblings, current & historic, by just another human bean

Jobkeeper Hand Wringing?

Everyone had their snout in the trough..

ShaunO

1-Minute Read

Even ‘Aunty’ is starting to look more tabloid..

Does anybody think jobkeeper was designed to benefit businesses? - No it was designed to put most of ‘Australia on the dole’ (without them showing up in unemployment numbers).

Without a doubt it was badly designed and has ended up being a huge free triple martini for corporates but, and it’s a big but, corporates are not to blame for doing what the government instructed them to do, legally, so that the government could meet the governments objectives (keeping you employed and paid).

This government has borrowed and pissed all that money down the tubes paying your ‘dole’ money for 9-12 months. Let’s face it, everybody (individuals and businesses) had their snout in the jobkeeper trough.

If that pisses you off, blame the government and, tell them so at the ballot box.

Buggered if I know 😛

Return to norm?

Super return on track for 7-10% year

ShaunO

1-Minute Read

Nearly three months in and the ‘super year’ is looking like a return to ‘norm’ (7-10% P.A.) off the back of the circa 20% boom year last year. But in perspective, with RBA rate at 0.10%, where else you gonna find 10% returns?

Buggered if I know 😛

Recent Posts

Categories

About

Online ramblings, both current and historic, by just another human bean