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  1. #3631
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    Quote Originally Posted by dobby41 View Post
    I don't have any problem looking at what Aus has done.
    It is interesting, similar per capita cases and a few more deaths.
    But as it isn't over yet the full economic impact is not known.
    What has been the $ impact in Australia and how much more to come?
    The show isn't over until the fat lady sings - Singapore, Japan and others have shown that with cases spiking up again.
    What governments have to do is surely to cushion the impact - before the $ impact is known!

    Keeping as many people in gainful employment and as many lockdown citizens in gainful pursuits at home - safely - is what I see the Australian government doing.

    Being fair to employers and businesses by providing them with direct assistance at a time when their income have been reduced to zero - so that when the lockdown is lifted they can still employ staff - is what I see the Australian government doing.

    Bandaid and populism in paying out $10 billion in wage subsidy is what this government is doing - for what if many of the SMEs do not survive?

  2. #3632
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    Quote Originally Posted by Balance View Post
    Being fair to employers and businesses by providing them with direct assistance at a time when their income have been reduced to zero - so that when the lockdown is lifted they can still employ staff - is what I see the Australian government doing.
    And paying a wage subsidy isn't direct assistance?
    Done so that the staff can stay connected to the business?

  3. #3633
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    Quote Originally Posted by Balance View Post
    What governments have to do is surely to cushion the impact - before the $ impact is known!

    Keeping as many people in gainful employment and as many lockdown citizens in gainful pursuits at home - safely - is what I see the Australian government doing.

    Being fair to employers and businesses by providing them with direct assistance at a time when their income have been reduced to zero - so that when the lockdown is lifted they can still employ staff - is what I see the Australian government doing.

    Bandaid and populism in paying out $10 billion in wage subsidy is what this government is doing - for what if many of the SMEs do not survive?
    For what you ask Balance? To pander to their electorate of course!

  4. #3634
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    Quote Originally Posted by dobby41 View Post
    And paying a wage subsidy isn't direct assistance?
    Done so that the staff can stay connected to the business?
    Exactly how many $Billion have been handed out so far ,8-10? Incredible and unprecedented.

  5. #3635
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    Quote Originally Posted by Joshuatree View Post
    Exactly how many $Billion have been handed out so far ,8-10? Incredible and unprecedented.
    Destined to end up in the hands of their voters. How magnanimous!

  6. #3636
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    Quote Originally Posted by jonu View Post
    Destined to end up in the hands of their voters. How magnanimous!
    I suspect some non-Labour voters get the subsidy also.

  7. #3637
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    Quote Originally Posted by jonu View Post
    Destined to end up in the hands of their voters. How magnanimous!
    Exactly.

    Meanwhile, the business owners and businesses are expected to survive - by using up any savings they have, borrowing more money to pay bills & pleading for relief from their landlords & suppliers.

    If you do well in business in NZ by taking risks and working hard, this government view you as a parasite instead of a job & wealth creator. That’s clear from how they are providing relief from our taxes - to their voting base.
    Last edited by Balance; 22-04-2020 at 01:42 PM.

  8. #3638
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    https://www.stuff.co.nz/business/pro...vid19-lockdown

    Tone-deaf to the needs of business - this whole life tit-feeding Labour MP expresses what the Labour government really feels about SMEs.

  9. #3639
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    Quote Originally Posted by Balance View Post
    https://www.stuff.co.nz/business/pro...vid19-lockdown

    Tone-deaf to the needs of business - this whole life tit-feeding Labour MP expresses what the Labour government really feels about SMEs.
    Even her Finance Minister disowned her. Tad embarrassing to see her true philosophy exposed.

  10. #3640
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    Quote Originally Posted by Balance View Post
    https://www.stuff.co.nz/business/pro...vid19-lockdown

    Tone-deaf to the needs of business - this whole life tit-feeding Labour MP expresses what the Labour government really feels about SMEs.
    That's probably why (among other reasons) that she isn't a spokesperson for finance or business.
    How does that become 'what the Labour government really feels about SMEs'?
    Other than it fits the narrative that you believe.

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