A “Congestion Tax”! Our Premier Nathan Rees, who does not hold a drivers licence is now riding on a broken “dinky” and the wheels have all but fallen off. There is no congestion on the Harbour Bridge at 6.30 am, just a tax! By pulling up the economic drawbridge for infrastructure, Fort Tumble with its ‘tools down’ philosophy will destroy what is left of our economy. Infrastructure is the oxygen needed to resurrect it – building for the future of NSW is obviously no longer a priority at our Macquarie Street based Fort Tumble.

Fort Fumble’s petrol watch scheme (another no brainer) was defeated in the Senate this week. So why not introduce a Consumption Tax on the oil companies. When the price of oil falls, an additional tax is applied until correct market pricing for consumers is addressed.

With the benefit of hindsight nobody would vote again for GST which is nothing more than a rip – off at the expense of the taxpaying Australian community. If Fort Tumble wants to deliver a budget surplus before the next election, its only option is to sell off state owned assets. A comparison would be a real estate agency selling ten property managements a month to stave off bankruptcy! The notable difference is that the real estate agency actually owns the asset and Fort Tumble manages the assets on our behalf.

Over to Fort Fumble’s secret intelligence and its constant reminders of the “Global Economic Crisis (GEC)” overseas while ignoring the implementation of a stimulus to invigorate our very own economy. Unfortunately it appears that collectively, politicians have lost the ability to lead by example. GEC for Fort Fumble should read Get Economically Creative!

A fortress with a leaking mote to water the lilies, was highlighted this week when Federal Treasurer Wayne Swan could not remember the key economic forecast for inflation. He said that he had misplaced one of his papers!! No longer a black Swan now a red Swan as the surplus heads to deficit. ‘But these things happen in politics’, was the response. The most important thing is to get on (wonders when he is going to start) with the job, putting in place policies to strengthen the economy and protect the Australian people.”

Stop thinking (blaming) the GEC and start thinking about domestic growth as recovery starts at home not abroad. Our chief executioners Kevin Rudd and Wayne Swan are missing in action as they struggle to understand what GEC actually means or – better still implementing a strategy for recovery. The significant difference is that businesses have their eyes glued to their respective dashboards with a foot on the brake.

Fort Fumble and Fort Tumble also suffer from economic amnesia and forget that the property industry (the largest employer) is the largest stimulant to the Australian economy.

One does not have to be Einstein to acknowledge that every business is struggling. Because the “anointed” few have never before run a business, we now have debutantes at the command posts of our Forts.

Look at Fort Tumble. The anointed have either been sacked, incarcerated or resigned (to failure) and our once proud Fort is now on the verge of mortgagee-in-possession (MIP). With every MIP sale of property when the banks take possession, GST is paid to Fort Fumble. A $3,000,000 sale delivers a $300,000 cash bonanza to Fort Fumble.

Australian housing finance commitments for owner – occupied housing fell 2.7 per cent in September which equates to eight consecutive months of declines. Less jobs and less activity so get the GST out of the building industry and reinvigorate this peak industry performer. There is no dashboard at Fort Fumble and Fort Tumble where economically, they believe they are super (government) markets with an overwhelming abundance of check – outs that feed its respective cash cows. The Australian taxpayer rip – offs must cease and if we have GST, all state governments must comply by reducing and removing taxes, not consistently increasing them.

There was the Great Train Robbery and then the Great Government Robbery – where did all the NSW taxpayer contributions go? Fort Tumble should be lending money to The Reserve Bank of Australia!
GST – in the current “Global Economic Crisis” demands “Get Economically Creative”. By removing GST on new building construction, Fort Fumble would then be investing in our future. Our economic dashboard needs inclines not consecutive declines. Yes, in all probability Australia is in a recession and financial creativity and initiative will get us back to normality much faster than our elected and procrastinating Fort Fumble would have you believe.

Our online model continues to exceed expectations when this week we reached $806,794,000 in online sales. We are closing in on $1 billion in property subscriber sales where our online platform is the most advanced (and expensive) ever before presented to our online community. In the last week or two we have noticed a dramatic increase in enquiries and we predict that over the next six weeks we will see some strong sales evidence which has certainly been assisted by expat participation.

A snapshot where in twelve months time the cash rate will be 3.25 per cent – the lowest ever recorded.

Have your say – post a comment as with this blog we obviously don’t hold back. Neither should you. Is GST delivering the financial solutions we were led to believe? With the benefit of hindsight would you now vote a Yes or a No for GST?

Jeff Kennett wants to turn our State of Decay back to the State of Hooray! Is he the man to do it?
We would love to hear your thoughts as Virtual Realty News is your online Mosman voice.

Cheers ^__^ and blog away. Our staff is happy to respond to your market enquiries.

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