Category: untrusted

The exquisite irony of pollies condemning bankers

Roy Morgan’s survey of trust in Australia’s professions rates bank managers at 33 per cent. This is pretty poor compared to public trust in nurses, who, at the top of the scale, enjoy a well-deserved 94 per cent. But federal MPs score half that, a mere 16.

The banks abused the people’s trust and took Australians’ money. The political parties abused the people’s trust and took their democracy. Yet the political leaders managed to spend the week damning the banks without any evident self-reflection.

via The exquisite irony of pollies condemning bankers

Is the PM’s trust deficit already too big to repay?

Tony Abbott

A newspaper poll rates Tony Abbott as more incompetent and just as untrustworthy as Julia Gillard. Is he wondering why?

Tony Abbott and his treasurer clearly believe the government’s problem is not their policies but an uncomprehending public.

Take Joe Hockey talking about the PM’s signature paid parental leave policy (PPL).

“I think if people better understand how important it is and better understand the proposal, then sooner or later they’ll realise paid parental leave is hugely important.”

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That was on Monday, the day after the prime minister flagged the ‘signature’ policy was facing a makeover.

And when you have a closer listen to what Mr Abbott was actually foreshadowing it was scarcely a rethink, let alone a major one. Again, it was ‘trust’, rather than the baby, that was being thrown out with the bathwater. Trust in the sense that the impression he was trying to create and the reality were yet again in parallel universes.

Consider this statement: “We will still have parental leave based on a woman’s real wage. It will still include super. It will still be funded by the 3000 largest companies in Australia.” This was the PM at his ‘roll back’ announcement on Sunday.

He then went on to gild the lily: “… [I]t will still particularly advantage small business that will for the first time have access to a universal parental leave scheme.”

Well, they have one already – the less generous one legislated by the Labor minority government that runs for 18 weeks at the minimum wage.

He came closer to a John Howard-like ‘mea culpa’ when he said he would reverse the budget’s huge cuts to childcare. Labor was quick to point out that the PM was trying to repair the political damage done to the government when it pulled out a billion dollars of funding.

The fact is the team that saved the nation by scrapping the carbon tax on 500 companies is still whacking a 1.5 per cent tax on six times as many to pay for the PPL. And it isn’t backing off.

In a messy manoeuvre, the prime minister has left everyone guessing about how wealthy a woman has to be before she is cut out of the largesse.

Already eligibility has been cut to $100,000 from $150,000. The speculation is it could drop as low as $80,000. Whatever the amount it’s the taxpayer footing the bill for a work entitlement employers would be normally expected to pay, and many already are.

It is government-funded ‘welfare’ by another name. Veteran Liberal senator Ian Macdonald says: “The PPL sends all the wrong messages and has to be postponed until the budget is in order.”

Labor leader Bill Shorten says: “No one believes that Tony Abbott is making his changes because he believes he’s wrong. Everyone knows he’s making his changes because he’s in deep political trouble.”

The latest Fairfax Ipsos poll shows just how much trouble.

Voters rate Abbott being as incompetent and untrustworthy as former Labor PM Julia Gillard at her lowest point.

When David Koch on Sunrise put these findings to him, the prime minister seemed to be blaming the electorate for being hoodwinked by his opponents.

“A lot of these commitments are commitments people have attributed to us after the election.”

He didn’t nominate which promises he hasn’t broken but on the ABC he excused the $7 Medicare co-payment shock as something that “certainly wasn’t ruled out before the election”.

But it was ruled out before the budget back in February ahead of the Griffith by-election.

He was asked if he could guarantee there wouldn’t be a Medicare co-payment. His response?

“Nothing has been considered, nothing has been proposed, nothing is planned.”

It may take more than a beach holiday to help Abbott find his old mojo and a way to restore his government’s credibility.