So how is Federal Coalition Treasurer Joe Hockey managing Australia's national budget?

Joe Hockey as Opposition Shadow Treasurer in The Sydney Morning Herald, 17 May 2012:

''Labor has now sought increases in the debt limit of the Commonwealth from $75 billion to $200 billion, to $250 billion and now $300 billion. On each occasion they promise not to exceed the limit. Well, enough is enough - we are going to keep them to their promises''

Joe Hockey as Federal Coalition Treasurer in The Herald Sun, 28 September 2013:

Mr Hockey also said the Coalition would raise the $300 billion debt ceiling before Christmas ...

The Australian Government currently issues debt securities to the public in the form of Treasury Bonds, Treasury Indexed Bonds and Treasury Notes.

Here are the Abbott Government’s officially announced intentions to raise money from domestic/international sources: [updated 17.12.13]

18 September intends to borrow $800 million

20 September intends to borrow $800 million

25 September intends to borrow $800 million

26 September intends to borrow $1 billion

27 September intends to borrow $500 million

2 October 2013 intends to borrow $800 million

3 October 2013 intends to borrow $800 million

4 October 2013 intends to borrow $800 million

9 October 2013 intends to borrow $800 million

10 October 2013 intends to borrow $500 million

11 October 2013 intends to borrow $800 million
16 October 2013 intends to borrow $800 million
17 October 2013 intends to borrow $1 billion
18 October 2013 intends to borrow $800 million
24 October 2013 intends to borrow $1.5 billion
25 October 2013 intends to borrow $800 million

29 October 2013 intends to borrow $200 million
30 October 2013 intends to borrow $800 million
31 October 2013 intends to borrow $1 billion
1 November 2013 intends to borrow $800 million
6 November 2013 intends to borrow $600 million
7 November 2013 intends to borrow $1.5 billion
8 November 2013 intends to borrow $1 billion
8 November 2013 intends to borrow an additional unspecified amount
12 November 2013 intends to borrow $150 million
13 November 2013 intends to borrow $800 million
14 November 2013 intends to borrow $1 billion
15 November 2013 intends to borrow $800 million
21 November 2013 intends to borrow $500 million
22 November 2013 intends to borrow $800 million
26 November 2013 intends to borrow an additional unspecified amount

4 December 2013 intends to borrow $800 million

6 December 2013 intends to borrow $1.5 billion
10 December 2013 intends to borrow $100 million
11 December 2013  intends to borrow $800 million
13 December 2013 intends to borrow $700 million
15 January 2014 intends to borrow an additional unspecified amount

24 January 2014 intends to borrow $500 million
11 February 2014 intends to borrow an additional unspecified amount

In the first 128 days of the Abbott Government total borrowings from these sources will exceed $27.7 billion or over $216.4 million a day.

It would appear that the current Federal Coalition Government is borrowing at the same a higher rate as than the former Federal Labor Government. However, It has committed to raising the debt ceiling to $500 billion before 12 December 2013.

So there is no slowing down of the increase in the much dog whistled national debt since Joe Hockey became Treasurer - just as there is apparently the same downward trend in the rate of asylum seeker boat arrivals between the second Rudd Government and the current Abbott Government.

Laughing At The One-Trick Tony: the best of #missingbudget

Crikey 22 September 2013:

The message from the Coalition has been loud, shrill and as sophisticated as a slap in the face with a cold fish. Since Tony Abbott's budget reply speech in May, he, Joe Hockey and Andrew Robb have been emphatically claiming Australia is in a state of "budget emergency." The perpetrators? Those gol-darned Reds in the Labor party.

Despite the country's AAA credit rating and that whole "one of the strongest economies in the world" thing, the former opposition have been pounding the panic button and attempting to convince as many people as possible that Australia is going to hell in a fiscally irresponsible hand basket.

For pure sensationalism and hyperbole the Coalition's so-called "budget emergency" is reminiscent of the Labor's government's tendency to declare war on everything: the war on waste, the war on binge drinking, the war on soft meat pies at the servo, etcetera.

But since the election we have heard nothing of the disastrous "budget emergency." Abbott and co have kept mum on the subject. How could such a horrible spectre disappear so quickly? Where did it sneak off to?

On the weekend an army of intrepid Twitter truth-seekers decided to go looking......

https://twitter.com/search?q=%23missingbudget&src=typd&f=realtime

Tara-Leigh Davison ‏@questionabubble19h

And my personal fav - #BundyBear was willing to have his pic taken in support of finding the #missingbudget Bless him pic.twitter.com/IFehlcnFpj

Carlie Bonavia ‏@carliebonavia6h

#missingbudget in a windy Denmark pic.twitter.com/adpkfagSNF

 

Denise Hilton ‏@denihil5h

Sorry, no printer on North Hero, Vermont, USA, or budget either. #missingbudget  pic.twitter.com/3lvbtnnrlu

Maybe ‏@Maybeee201114h

OMG !! MT "@lukebuckmaster: Budget Emergency may have caught plane. Signs up in NY (not Photoshop) #missingbudget pic.twitter.com/PgltJGpF8v"

Jo Evans ‏@4jevans17h

My only regret with #missingbudget hunt was medical centre & chemist were closed. I couldn't search in the cabinet of suppositories #auspol

Emma ‏@emmsyish12h

Thought I'd found the #missingbudget, but it was just an empty Mars Bar wrapper.

Mel Watson ‏@melwhatson51m

#missingbudget has probably eloped with #stopthegoats! Probably enjoying a well deserved honeymoon in sunny Christmas Island...

After a mere ten days there is no dignity left in the office of Australian Prime Minister under Tony Abbott

@CandiceWyatt10

http://youtu.be/SdcgQL8NxI8


http://youtu.be/JhQYehcGweg

SIEV count since Abbott came to power and applied media blackout concerning asylum seeker boat arrivals.

On 18 September 2013 the Abbott Government was sworn in and Australia became subject to an official information blackout concerning the number of unscheduled boat arrivals involving people thought or known to be seeking asylum in this country.

Here are the boat details so far:

22 September - HMAS Maitland and another vessel escorts SIEV boat into Christmas Island harbour – the Cahaya Baru contains 31 passengers and 2 crew.

24 September – SIEV boat containing 7 asylum seekers arrives on Australia’s Boigu Island in the Torres Strait 

25 September - SIEV boat containing 19 people arrives at Darwin Harbour sometime during the night of the 24^th or early hours of the morning of the 25^th.

26 September - SIEV boat arrives Christmas Island Harbour with an estimated 80 passengers including children. HMAS Ballarat takes part in the rescue of another 44 asylum seekers in Indonesian waters with these people transferred to an Indonesian rescue vessel for return to Indah Kiat port in Java.

27 September – boat heading towards Australia and estimated to contain up to 125 asylum seekers sinks off southern coast of Java. At least 20 bodies, mostly children under 15 years, washed ashore so far. Australian Customs Vessel ACV Triton rescues 31 asylum seekers from another boat and is thought to be still at sea off Timor.

Estimated total number of boat passengers and crew: 339

UPDATE

30 September - 2 RAN patrol boats enter Christmas Island harbour with an estimated 80 asylum seekers (men, women and children) on board, thought to have been picked up from a boat which was either sinking or was otherwise considered unseaworthy.

Estimated total number of boat passengers and crew as of 30.09.13: 419

UPDATE

10 October 2013 SIEV boat with unknown number of asylum seekers on board found off Cocos (Keeling) Island.

17 October 2013 at approximately 8am HMAS Warramunga put into Christmas Island and disembarked an unknown number of asylum seekers from the Middle East and Africa. Including one 8 year-old boy, eight to ten women and two individuals requiring wheelchairs.

* Figures derived from eyewitness accounts tweeted from Christmas Island, international and national media reports.

The whimsy of graffiti well done

http://www.banksy.co.uk/outdoors/index1.html

Yet another liquor outlet for Maclean NSW?

It would appear that Richies IGA Super Plus Liquor intends to add to the existing seven hotels, clubs and bottle shops in Maclean NSW (population 2,612) where one can obtain alcohol.

Eight outlets in total would mean there would be one place to obtain alcohol to drink on the premises or take way for every 326.5 town residents.

Any local resident wishing to make a submission concerning the Richies Stores Pty Ltd application may do so here. 

The Lower Clarence can look forward to this type of alcohol promotion if Richies’ application is successful:

* Application images found at Lower Clarence Ratepayers, Residents, Business Owners Facebook page

* Competition image found at http://www.ritchies.com.au/competitions-and-promotions