Australia's largest stock trading and investment forum Australia's #1 stock forum

Australia's Road to Ruin, page-96

First 96 Last

Share
Profile

Follow
stayer

10,279 Posts.

215

07/09/20

17:14

Post #: 47150207
Share

Originally posted by stayer ↑

Look I have not read anywhere near most of the posts on this thread topic, but I just can't help but say that I despair for the Nation when you have Premiers like Daniel Andrews and Anastasia palaschez with so much power at the moment.

Did you see the debt that Queensland looks like they're going to get to, and they will have covid-19 to blame, but they have been heading to near bankruptcy for years, and Campbell Newman was the only premier that realised it. Anna Bligh blamed the floods and cyclones, but pretty welll started the decline in financial position.
I think I read somewhere today that there is 30000 public servants in QLD on more than $140,000 a year.... and if you look at it 30000 x 1000 is $30 million dollars so they are very good at wasting money.
They have caved into wages demands from public servants too many times, and even the ones under $100000 they have probably been too blase with their money. The ballooning in numbers of public Servants has probably been the biggest issue though .

I'm sure Victoria would be no different but they started off with a much lower Debt.

Expand

100 billion debt that is!! For little old Queensland.
Upvote

Reply

Top Stories

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

FHE

Frontier Energy achieves key milestone for Waroona energy project

BRX

Belararox delineates another porphyry in Argentina at Tambo South

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

EMD

Emyria's Empax Centre chosen for mental health clinical trial

STX

Strike Energy secures $153 million for Perth Basin gas projects

First 96 Last

SPONSORED BY