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22-04-2020, 10:52 AM
#3631
Originally Posted by dobby41
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?
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22-04-2020, 11:00 AM
#3632
Originally Posted by Balance
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?
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22-04-2020, 11:01 AM
#3633
Originally Posted by Balance
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!
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22-04-2020, 11:24 AM
#3634
Originally Posted by dobby41
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.
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22-04-2020, 11:47 AM
#3635
Originally Posted by Joshuatree
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!
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22-04-2020, 11:55 AM
#3636
Originally Posted by jonu
Destined to end up in the hands of their voters. How magnanimous!
I suspect some non-Labour voters get the subsidy also.
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22-04-2020, 12:07 PM
#3637
Originally Posted by jonu
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.
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22-04-2020, 02:33 PM
#3638
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.
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22-04-2020, 02:47 PM
#3639
Originally Posted by Balance
Even her Finance Minister disowned her. Tad embarrassing to see her true philosophy exposed.
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22-04-2020, 03:01 PM
#3640
Originally Posted by Balance
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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