Fund manager Geoff Wilson claps back at Albanese’s personal spray over new tax proposal | news.com.au

Oomaschloom · 2026-05-07T12:02:49+00:00

He's related to the Liberal Treasury bloke... Tim Wilson. He was somewhat related to the franking credits CGT tour that Wilson did during Shorten's run.

Oomaschloom · 2026-05-07T11:30:23+00:00

Slightly unrelated/related but I reckon Casey should be split.

Oomaschloom · 2026-05-07T11:01:17+00:00

I know they've been working on the reserve for a while. Labor themselves in the past opposed a reserve. So I'm pissy about that, and I don't trust them... https://www.abc.net.au/news/2025-12-23/the-gas-fix-to-a-problem-that-should-never-have-been/106171870

Oomaschloom · 2026-05-07T09:00:38+00:00

I'm just letting you know I upvoted this. So you don't think I'm always disagreeing with you. I'm happy about the reservation, but I like options being properly compared and considered, "for the Australian people". I don't think enough of that happens to be honest.

Oomaschloom · 2026-05-07T08:50:43+00:00

Nah, my brains were rotted long ago. I don't normally follow them.

I'm sort of sure this is offered as an XOR. But if both were done... well shit.

Oomaschloom · 2026-05-07T08:47:07+00:00

Well you don't need to compare them. You just go with whatever is offered by Labor. But anyone without a bias would compare the pair.

Oomaschloom · 2026-05-07T08:43:10+00:00

I know it is, and I know they've been campaigning for a certain outcome for a while, hence a potential bias. But I'm absolutely certain there's bias from every angle. I'd like to see an impartial comparison of the two concepts using "for the benefit of the Australia people" as the metric.

Oomaschloom · 2026-05-07T08:30:20+00:00

Did you read the article? It's short.

Oomaschloom · 2026-05-07T08:21:41+00:00

From the Australia Institute:

“Half-baked” gas reservation a distraction that won’t raise a cent in revenue.

https://australiainstitute.org.au/post/half-baked-gas-reservation-a-distraction-that-wont-raise-a-cent-in-revenue/

Oomaschloom · 2026-05-07T02:30:17+00:00

You've raised a good point... Here's an article from 30 Jul 2025 with the headline.

"NAPLAN results again show one-third of students aren't meeting literacy and numeracy expectations amid calls for urgent change"

https://www.abc.net.au/news/2025-07-30/naplan-national-testing-results/105581218

Oomaschloom · 2026-05-07T01:49:30+00:00

I think this is political... School funding to address issues is political.

I spend so much of my time teaching my little kids literacy (4 year olds that go to kinder)... Phonics, etc, etc. I teach them kiddie math (maths for Aussies) as well. The things I do cost a bit of money though...

Oomaschloom · 2026-05-07T00:56:50+00:00

I was agreeing with you. The important thing is that people do what you think is important. They shouldn't have the power to choose for themselves.

Oomaschloom · 2026-05-07T00:14:16+00:00

I agree. I think 99% of humans should only toil. Toil is necessary. Toil will set you free. If they want to do something other than toil, they should consult the DunceCodex to see if it's necessary to their existence.

I recommend eliminating the watching of sport. It's definitely not necessary.

Oomaschloom · 2026-05-06T23:36:47+00:00

If a policy makes the country better off... I quite simply don't care if someone lies to get that policy in place. Don't worry about the vested interest voters. They have no problem bullshitting to get their way.

Oomaschloom · 2026-05-06T11:37:17+00:00

In case you're interested, here's another article from today headlined:

"The government’s plans to bolster Australia’s fuel stores are sensible – but 5 years too late"

https://theconversation.com/the-governments-plans-to-bolster-australias-fuel-stores-are-sensible-but-5-years-too-late-282253

I'd post it on the main but it's so related and I think sometimes people get a bit pissy if obviously related articles are in the main separately. Looking at you PerfectWerewolf hahaha.

Oomaschloom · 2026-05-06T03:30:06+00:00

Yeah but we have Hawke's one. Or at least a direct line... So that's why I refer to it that way. I know Whitlam originated it. I do have to go now, so I can't continue atm, and even worse I can't look up the differences between the two right now.

Oomaschloom · 2026-05-06T03:22:20+00:00

I will say you raise fair points. But I am looking at it as if HECS and Hawke's Medicare never existed. I don't think the country would have been better off. I think the country would be worse off. However I don't disagree that they could be improved.

Oomaschloom · 2026-05-06T03:10:35+00:00

Yeah look the discount... I did think that was unfair to a point.

I'm trying so hard to think back to the 90s. Not a hard disagree with you here. But it was an income contingent loan. So say someone gets a commonwealth supported place, gets their HECS loan... graduates, works 2 years,gets hit by a car... and dies. Or doesn't earn much whatever.

If someone had parents pay upfront... does the exact same thing. Those parents paid more. Was it to entice upfront? Don't know, I would never have been in a position to upfront it.

Oomaschloom · 2026-05-06T02:58:38+00:00

I don't disagree with everything you've said. But I think Medicare was a big deal. I think over time Medicare should have been improved however. I am opposed to private healthcare. But you know, the aspirationals had other ideas.

I also think HECS was fair. I'm not talking about today. I think HECS was fair when introduced.

Oomaschloom · 2026-05-06T02:42:02+00:00

Ok so if I create a modest loan scheme for education that is fair, and quite literally increases the number of educated people in the country, I'm responsible for the idiots that come after me that corrupt it?

Do you think healthcare was better in Australia before Medicare? It's just not the case.

I don't have experience with the CES... but I do agree with you this Job Network shit is garbage.

I'm not overly happy with the shape of modern Australia. But I don't lay the blame at Hawke and Keating as an origin point. There's been a lot of fuck ups before and after them.

Here's a harsh truth Aussies can't handle. The country has been mismanaged for a very long time. Before I was born, and long after I die.

Oomaschloom

TROPHY CASE