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Vote compass

Discussion in 'Investor Psychology' started by Gockie, 30th Jun, 2016.

  1. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Well, seeing what happened with Brexit I figured I should figure out which way I should really vote based on my actual beliefs, rather than just stick a finger in the air....

    Completely surprising to me turns out my personal beliefs puts me closely aligned to Labor..... I guess it could be my Western Sydney background and my experience of mixing in with great people of all cultures, fair go and equality of rights to all and the technology user in me that believes we need to have fast internet... without accessible leading edge technology Australia will be left behind... I know Labor has no chance of winning in my seat of Bennelong though.

    Australia Votes 2016 - Vote Compass - ABC News
     
    Last edited: 30th Jun, 2016
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  2. Perthguy

    Perthguy Well-Known Member

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    Me too but I went off Labor when Rudd and Gillard gouged low income earners and students (changes to Low Income Superannuation Co-contribution and changes to HECS/PELS repayments). Considering they are supposed to take care of low income earners and students, I found these policies extremely unfair.

    This time round Shorty wants to introduce changes to Capital Gains Tax and Negative Gearing that will financially harm lower and mid income earner investors. Looks to me like this policy will widen the gap between "rich" and "poor" and I won't support it. But then I won't be supporting any of the major parties in the senate. I don't have much choice in the lower house but I do have a choice in the senate.
     
  3. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Fair call... I think that's true for everybody. And for what its worth, John Alexander (former Tennis player) is my local MP but my neighbour reckons he is useless....

    Anyway, whoever wins the lower house won't be able to have their policies passed in the upper house, and so this going nowhere will continue...
     
  4. Perthguy

    Perthguy Well-Known Member

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    Or whoever forms government will have to learn to work with whoever holds the balance of power in the upper house. This is the way it should be. The senate is the house of review, not the house of rubber stamping idiotic government policies! :p
     
  5. Bran

    Bran Well-Known Member

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    Liberal.
    No surprise there. I did however arrive there through mostly apathetic responses except for a select few.
     
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  6. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    Jeepers..nearly 1 million uses of that tool... ABC have some valuable info.
     
  7. Leo2413

    Leo2413 Well-Known Member Premium Member

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    Liberal.

    For me it's not about the policies of either party, both have good and bad. both lie etc.

    For me it's all about their underlying philosophical beliefs. Personally I believe at the end of the day labour is all about " claim your entitlement" and liberal is about "earn your entitlement".
     
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  8. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

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    Liberal. I know both leaders are puppets but at least Malcolm is an intelligent puppet. Bill's narky puns are too nauseating for words. I'd be embarrassed to have him as PM.
     
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  9. JDP1

    JDP1 Well-Known Member

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    Pauline hanson has made ground in qld (most likely the regional areas) ..lol...so many rednecks still around.
     
  10. wategos

    wategos Well-Known Member

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    Compass put me centre or Labor on most things, always voted National in the past, this time Labor for the first time ever, the Negative Gearing issue has swung it for me.

    Is that really your main concern ?... support for NG is usually for self interested reasons. When a Pollie says something about NG removal hurting lower income earners I immediately know they are lying, which turned me completely off Turnbull.
     
  11. Perthguy

    Perthguy Well-Known Member

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    Yes, that is my main concern. I don't need negative gearing or the CGT concessions although paying more tax when I sell my shares would not have been enjoyable. It will impact my low incomer earner investor mates though. 'The rich' can afford higher taxes. Lower income investors can't afford them.

    Exactly, and Turbull turned me off too. But I am talking about low income earner investors. I know them, I work with them and I talk to them. Labors policy is to slug investors with a big tax hike. They lied and said it was about housing affordability but if that is true, why did they hike taxes for every person selling shares? It was a revenue raising policy, nothing more. I could really see this policy increasing the gap between "rich" and "poor".

    The CGT concessions certainly need to addressed but this was not the answer. I would like to see a reasonable and well thought through policy that doesn't kick low and mid income investors in the guts.
     
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  12. HUGH72

    HUGH72 Well-Known Member

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    Pauline Hanson might pick up a Senate seat in NSW not QLD
     
  13. JDP1

    JDP1 Well-Known Member

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    yeah correct....same rednecks though
     
  14. Perthguy

    Perthguy Well-Known Member

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  15. Perthguy

    Perthguy Well-Known Member

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    @JDP1 @HUGH72 how many total seats will One Nation have in the Senate then? I am reading that as 3? o_O
     
  16. larrylarry

    larrylarry Well-Known Member

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    Maxine mckew experiment failed.
     
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  17. HUGH72

    HUGH72 Well-Known Member

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    Possibly, it's not clear. If they have to gain senate places from PUP I hope one will be in NSW so Qld won't be the only state with a red neck minority.o_O:p
     
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  18. JDP1

    JDP1 Well-Known Member

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    dunno...but whatever it is, its too many.
     
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  19. larrylarry

    larrylarry Well-Known Member

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    Turnbull experiment failed.
     
  20. Joynz

    Joynz Well-Known Member

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    What is your definition of low income earner? Under $40,000?