Marketinfo,Insurance is optional, the government's proposal is...

Marketinfo,

Insurance is optional, the government's proposal is not optional, it is compulsory, therefore it is a TAX, a new TAX on the RICH. Typical really.

Forget Howard & forget Turnbull, they're not in power, Rudd, Swan & co are. The current government are lost on the high seas in a rubber dingy without a paddle. They clearly NEED proper modelling to make any sort of reasonable decisions. Because such modelling is not possible in this case they've been shown up for the economic buffoons they really are. They have no "feel" for money management whatsoever, therefore, as sure as night follows day, the money will run out. You can bank on that........