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Non Footy Chat Thread II

Kornstar

Coach
Messages
15,578
It would be a pretty cool job though to be a union merkin. Getting paid to be a complete merkin.

I reckon I'm pretty well qualified. I should keep an eye on seek.com.au

I liken them to car/house salesmen.......i don't know how they sleep at night.........
 

Twizzle

Administrator
Staff member
Messages
155,315
You reckon it would be going better for taxpayers now if they weren't? Energy was privatised for the exact reason that energy demand was about to go through the roof.

gone through the roof ?

how so, our population and/or industry has not gone trough the roof, only the price, if anything our industry has gone offshore

if it stays here its state owned and profits stay here, now the profits go offshore

do you think thats a better outcome for the taxpayer ?
 

Gary Gutful

Post Whore
Messages
53,884
gone through the roof ?

how so, our population and/or industry has not gone trough the roof, only the price, if anything our industry has gone offshore

if it stays here its state owned and profits stay here, now the profits go offshore

do you think thats a better outcome for the taxpayer ?
It’s definitely increasing over time. Check out the stats on the Department of Industry Innovation and Science website.

In most instances where assets are privatised Government do it because it is an aging asset that they aren’t making great returns on (if any). Private industry will back itself to be more efficient and turn it into something more sustainable.

So an assumption that ‘profits stay in the country’ is not true in a lot of instances.

It can also help a Government pay off debt. Equally the money that they receive from selling off an asset can be reinvested in other projects/iniatives which stimulate the economy and help the taxpayer in far greater ways than hanging on to a lemon.
 
Last edited:
Messages
42,876
It’s definitely increasing over time. Check out the stats on the Department of Industry Innovation and Science website.

In most instances where assets are privatised Government do it because it is an aging asset that they aren’t making great returns on (if any). Private industry will back itself to be more efficient and turn it into something more sustainable.

So an assumption that ‘profits stay in the country’ is not true in a lot of instances.

It can also help a Government pay off debt. Equally the money that they receive from selling off an asset can be reinvested in other projects/iniatives which stimulate the economy and help the taxpayer in far greater ways than hanging on to a lemon.
You can only sell it off once though. And how is electricity supply a lemon? People love electricity.
 
Messages
42,876
Whatever it's costing you, it would be costing more if the government was providing it.
People say that but is the evidence strong? I get that lack of competition leads to inefficiency but surely so does duplication of suppliers. And even when the number of suppliers drops through competition the profits will be going to individuals rather than the state, which would benefit us all.
 

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