Australian Politics Forum - Morrison blocks Kidman sale

oh dear

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Re: Morrison blocks Kidman sale
Reply #15 - Nov 19^th, 2015 at 10:48pm

Grappler Truth Teller Feller wrote on Nov 19^th, 2015 at 10:33pm:

crocodile wrote on Nov 19^th, 2015 at 10:32pm:

Kat wrote on Nov 19^th, 2015 at 9:13am:

Foreigners should not be permitted to own Australian land.

Lease, yes.

Own, no.

It's not like they can pack it up and take it home with them.

No - but the profits and taxes vanish offshore......

Had a bizarre situation arise in my town a couple of years ago my local council sold a park to a chinese investment company Everich International on that land there now is a Woolworths and a Dan Murphys.

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Bam

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Re: Morrison blocks Kidman sale
Reply #16 - Nov 19^th, 2015 at 10:48pm

cods wrote on Nov 19^th, 2015 at 2:26pm:

Bam wrote on Nov 19^th, 2015 at 12:03pm:

That is just tokenism that hides the truth. The Liberals have been responsible for putting more Australian assets into foreign hands than any other political party. It's why the government of Singapore now owns more Australian energy and telecommunications infrastructure than the Government of Australia. Blocking a sale here and there doesn't atone for past sins.

dont panic dear.. it [assets]never leave the country.....

its just money changing hands.....

I have yet to hear of any aussie knocking back an offer from an overseas investor....sorry but when I sold my house I did not occur to me to ask if they were Australians buying it..... Roll Eyes

..

would I have knocked them back had they said NO..

well to be honest I doubt it... but who knows..

Cods, from what I heard the sale was blocked on national security grounds because part of the land is adjacent to the Woomera Protected Area. Morrison had no real choice but to block the sale.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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crocodile

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Re: Morrison blocks Kidman sale
Reply #17 - Nov 19^th, 2015 at 11:01pm

Grappler Truth Teller Feller wrote on Nov 19^th, 2015 at 10:33pm:

crocodile wrote on Nov 19^th, 2015 at 10:32pm:

Kat wrote on Nov 19^th, 2015 at 9:13am:

Foreigners should not be permitted to own Australian land.

Lease, yes.

Own, no.

It's not like they can pack it up and take it home with them.

No - but the profits and taxes vanish offshore......

Same as if it were leased.

BTW, the taxes are payable here. There's nothing magic about ownership of the land. The profits are distributed to the shareholders or become retained earnings for future capitalisation. Same as any other organisation.

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Very funny Scotty, now beam down my clothes.

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Grappler Truth Teller Feller

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Re: Morrison blocks Kidman sale
Reply #18 - Nov 20^th, 2015 at 5:04am

crocodile wrote on Nov 19^th, 2015 at 11:01pm:

Grappler Truth Teller Feller wrote on Nov 19^th, 2015 at 10:33pm:

crocodile wrote on Nov 19^th, 2015 at 10:32pm:

Kat wrote on Nov 19^th, 2015 at 9:13am:

Foreigners should not be permitted to own Australian land.

Lease, yes.

Own, no.

It's not like they can pack it up and take it home with them.

No - but the profits and taxes vanish offshore......

Same as if it were leased.

BTW, the taxes are payable here. There's nothing magic about ownership of the land. The profits are distributed to the shareholders or become retained earnings for future capitalisation. Same as any other organisation.

Only after the back-to-momma loans and costs to 'consulting firms' etc, etc, etc on paper are paid off - and these shareholders are where (ta-boom-tish) - Not In Australia? Wanna bet the lot is distributed to 'shareholders' offshore and future re-capitalisation is via back-to-momma loans that will incur tax deduction again.

You are but one step away there, Croc, but your work is good. Read up on Alan Bond's companies structure for a good lesson.

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Grappler Truth Teller Feller

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Re: Morrison blocks Kidman sale
Reply #19 - Nov 20^th, 2015 at 5:06am

Bam wrote on Nov 19^th, 2015 at 10:48pm:

cods wrote on Nov 19^th, 2015 at 2:26pm:

Bam wrote on Nov 19^th, 2015 at 12:03pm:

That is just tokenism that hides the truth. The Liberals have been responsible for putting more Australian assets into foreign hands than any other political party. It's why the government of Singapore now owns more Australian energy and telecommunications infrastructure than the Government of Australia. Blocking a sale here and there doesn't atone for past sins.

dont panic dear.. it [assets]never leave the country.....

its just money changing hands.....

I have yet to hear of any aussie knocking back an offer from an overseas investor....sorry but when I sold my house I did not occur to me to ask if they were Australians buying it..... Roll Eyes

..

would I have knocked them back had they said NO..

well to be honest I doubt it... but who knows..

Cods, from what I heard the sale was blocked on national security grounds because part of the land is adjacent to the Woomera Protected Area. Morrison had no real choice but to block the sale.

Aha - glow in the dark beef! White gai-jin secretly plotting to destroy Chinese rich class with poisoned food..... but friend in Aussie government all fix!! Numbah One!

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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crocodile

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Re: Morrison blocks Kidman sale
Reply #20 - Nov 20^th, 2015 at 6:15am

Grappler Truth Teller Feller wrote on Nov 20^th, 2015 at 5:04am:

crocodile wrote on Nov 19^th, 2015 at 11:01pm:

Grappler Truth Teller Feller wrote on Nov 19^th, 2015 at 10:33pm:

crocodile wrote on Nov 19^th, 2015 at 10:32pm:

Kat wrote on Nov 19^th, 2015 at 9:13am:

Foreigners should not be permitted to own Australian land.

Lease, yes.

Own, no.

It's not like they can pack it up and take it home with them.

No - but the profits and taxes vanish offshore......

Same as if it were leased.

BTW, the taxes are payable here. There's nothing magic about ownership of the land. The profits are distributed to the shareholders or become retained earnings for future capitalisation. Same as any other organisation.

Only after the back-to-momma loans and costs to 'consulting firms' etc, etc, etc on paper are paid off - and these shareholders are where (ta-boom-tish) - Not In Australia? Wanna bet the lot is distributed to 'shareholders' offshore and future re-capitalisation is via back-to-momma loans that will incur tax deduction again.

You are but one step away there, Croc, but your work is good. Read up on Alan Bond's companies structure for a good lesson.

That's not the point Grapples. The deed holder of the land has no effect on the above. It is true whether the premises and land are owned, rented, leased or squatted.

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Very funny Scotty, now beam down my clothes.

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Redmond Neck

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Re: Morrison blocks Kidman sale
Reply #21 - Nov 20^th, 2015 at 7:37am

Well done Morrison, even though the reason to block it a bit of BS.

The main reason it was blocked was the public are very anti the sale, after all we are talking about about 1% of the total land mass of Australia.

He has left the door open for them to come back with alternate proposals so a joint venture 50/50 with Australian interests might be acceptable

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BAN ALL THESE ABO SITES RECOGNITIONS.

ALL AUSTRALIA IS FOR ALL AUSTRALIANS!

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cods

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Re: Morrison blocks Kidman sale
Reply #22 - Nov 20^th, 2015 at 7:41am

Grappler Truth Teller Feller wrote on Nov 20^th, 2015 at 5:06am:

Bam wrote on Nov 19^th, 2015 at 10:48pm:

cods wrote on Nov 19^th, 2015 at 2:26pm:

Bam wrote on Nov 19^th, 2015 at 12:03pm:

That is just tokenism that hides the truth. The Liberals have been responsible for putting more Australian assets into foreign hands than any other political party. It's why the government of Singapore now owns more Australian energy and telecommunications infrastructure than the Government of Australia. Blocking a sale here and there doesn't atone for past sins.

dont panic dear.. it [assets]never leave the country.....

its just money changing hands.....

I have yet to hear of any aussie knocking back an offer from an overseas investor....sorry but when I sold my house I did not occur to me to ask if they were Australians buying it..... Roll Eyes

..

would I have knocked them back had they said NO..

well to be honest I doubt it... but who knows..

Cods, from what I heard the sale was blocked on national security grounds because part of the land is adjacent to the Woomera Protected Area. Morrison had no real choice but to block the sale.

Aha - glow in the dark beef! White gai-jin secretly plotting to destroy Chinese rich class with poisoned food..... but friend in Aussie government all fix!! Numbah One!

hilarious.....the thing is grap.. we can do nothing without the govts [of the day]consent.. we think we own things and can build things just as we wish... Roll Eyes

..

those days are long gone..

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Dnarever Gold Member Offline Australian Politics Posts: 58689 Here Gender:	Re: Morrison blocks Kidman sale Reply #23 - Nov 20^th, 2015 at 7:45am bogarde73 wrote on Nov 19^th, 2015 at 1:18pm: Well i'm a half glass full kind of person. I like to give credit wherever and whenever I think it's due. I am a half a glass is a half a glass type of guy but have to say that Scotty has gone from 0 out of 100 to 1 out of 100 by getting his first decision right in years.
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Dnarever

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Re: Morrison blocks Kidman sale
Reply #24 - Nov 20^th, 2015 at 7:52am

bogarde73 wrote on Nov 19^th, 2015 at 1:18pm:

Well i'm a half glass full kind of person. I like to give credit wherever and whenever I think it's due.

Just curious - is there any such thing as a quarter glass full type of person or is there a point where we all turn into realists ?

I am currently looking at a cup about 8% full but can not help but to see it as almost empty, disappointing really, I don't know where it all went.

Lucky I know where it comes from.

It is now 0.2% full but the rest won't come out - I'm declaring it empty or zero per cent full.

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