Q & A on ABC

Vic41 · Guru

Q & A on ABC

Jonathan · Senior Member

Yes Vic .. I was watching it at the time .. I don't like either of them .. pistols at 9 paces would have sufficed ..

Vic41 · Guru

Which two Jon? It certainly was a hot debate on the topic of mooted charges affecting pensioners etc.

Big Gorilla · Guru

Vic41 wrote:
There was a fiery outburst by Clive Palmer last night on Q & A, the panel was made up of the Governor of the Reserve Bank, the CEO of St Vincent DePaul, Warren Truss (Liberal MP), Penny Wong (Labor MP) and Clive Palmer.
See article and/or video here;
http://www.abc.net.au/news/2014-08-19/clive-palmer-attacks-chinese-government/5679900

-- Edited by Vic41 on Tuesday 19th of August 2014 12:11:24 PM

Governor of the Reserve Bank was not on the show. It was Reserve Bank board member Heather Ridout

Vic41 · Guru

Thanks BG, I knew it was someone from the Reserve Bank smile

wendyv · Guru

And this afternoon, the PUP Senator Lambie said on ABC radio that Australia cannot ignore the threat of an invasion by Communist China! We are back to the days of Reds under the Beds, it seems.

Vic41 · Guru

wendyv wrote:
And this afternoon, the PUP Senator Lambie said on ABC radio that Australia cannot ignore the threat of an invasion by Communist China! We are back to the days of Reds under the Beds, it seems.

Yep......McCarthyism again......

Pete49 · Senior Member

Whenever Lambie opens her mouth her foot inserts automatically. Oh well she is only there for 6 years if pup lasts that long. What a weird mob that lot is biggrin
Pete

-- Edited by Pete49 on Tuesday 19th of August 2014 11:27:00 PM

tonyd · Guru

I've never been a fan of Palmer's . . . until now.

What he said about China was true. But speaking the truth has never been very popular in Australian political circles.

As for Lambie's comment, she's right up to a point: given the rate at which we are allowing them to buy houses and huge swathes of agricultural land, they won't have to invade, they'll soon own the joint by more peaceful means!

Cheers, Tony

-- Edited by tonyd on Wednesday 20th of August 2014 12:27:00 AM

D and D · Guru

Tony, you perpetuate the xenophobic myth of a Chinese takeover of Australia by stealth that has no basis in fact see: http://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/rp1314/ForeignInvest for details about foreign investment in agricultural land. The Executive Summary contains the interesting comment that: "The biggest investors in agriculture were countries with mature agriculture sectors, able to bring the latest technology and management skills for the sector. The highest investment was from Canada, with nearly a quarter of the total, followed by the UK and the US. Data on foreign ownership of land show that 11 per cent of Australias agricultural land is foreign owned, with the highest proportion (24 per cent) in the Northern Territory." Hardly a takeover of any sort never mind the absence of Asian investment. In regards to real estate see: http://www.crikey.com.au/2014/03/10/chinese-real-estate-invasion-not-according-to-the-data-fellas/ which contains the interesting comment that "The total value of housing finance commitments (which isnt all housing purchases anyway) was $264 billion in 2012-13, so our Chinese stereotype is investing less than 4%" Again hardly a takeover and, as with agricultural land purchases, some of the largest investors are Canadian, American and British but I have yet to see the howls of protest about their investment in Australia as some form of financial takeover even when it exceeds Asian investment.