I'm not batting for anyone or commenting on MP margins.In which case that is pure speculation that MP margins are unsustainable. This is up to the government to explain without you going in to bat for them.
I'm not batting for anyone or commenting on MP margins.
I'm just simply considering the relative risk investment markets apply to different asset classes and how that logically impacts on using the government bond rate as a benchmark on the sale price of assets.
Let's just clear up one thing.It's relevant when the government is attempting to raise capital.
Let's just clear up one thing.
Do you consider that governments should only sell assets that offer a rate of return to investors that is less than the government bond rate ?
Premiums are not the only factor in a for profit organisation. An aggressive owner of Medibank Private could keep premiums with similar relativity to other providers but e.g. reduce payouts etc.
As a member, it pains me that my premium increases every year partly go to providing all sorts of crap like homeopathy when buying the Extras component. I've not been able to find an option where I pay less for simply having access to routine dental care.
I'll believe there will no additional increase in premiums or reduction in benefits when I see it happening.
Also would have preferred the government to continue its ownership and reaping of the healthy dividends.
Separately, I avoid IPOs as a rule, but - depending on the prospectus - this is one that might be worth engaging in.
Yes when you get such a consistence rate return no investor for income would sell.
Isn't such a comment completely ignoring the primary reason for establishing the business in the first place? i.e. to provide security of good health care to members.Unless the capital could be required, to fund greater growth.
Isn't such a comment completely ignoring the primary reason for establishing the business in the first place? i.e. to provide security of good health care to members.
I'm completely sick of governments, both state and federal, who have failed to make appropriate provision for ongoing infrastructure needs, take the easy way out in selling a valuable asset for short term capital availability.
There seems to be no thought whatsoever given to the thousands of people who are finding the exponentially rising cost of living unaffordable. It's a case of "let's increase our own profits and stuff the customers".
I heard a news report a couple of days ago about the many thousands of people who have had their electricity cut off because they simply cannot pay.
Meantime, the Qld government has just been awarded by an 'independent' organisation a 22% pay increase for the Premier and an even greater % for the leader of the opposition.
"Nothing we can do about it", opines the Premier. "It's completely out of our hands."
Agree completely, however if the deficit has a servicing cost, and you don't want to further increase taxes. How do you fund it?
Also if you wish to further expand necessary infrastructure, without increasing taxes, how do you fund it?
If you decide to fund it with increased taxes, that increases costs, which increase the exponential cost of living.
shrinking tax revenue base which no one in government wants to explain why its all Labors fault.
David Irvine, 67, has told his staff at the Australian Security Intelligence Organisation that he will step down as director-general of security
Read more: http://www.smh.com.au/federal-polit...n-september-20140402-35ye2.html#ixzz2xhyKQedg
I expect him to then have time to Visit Lord Viscount Downer over in London where, on plushly upholstered furnishings cigars and brandy balloons(at our expense) in hand they'll toast their success at screwing over the East Timorese, laying the ground work of a failed state that will require plushly appointed budgets for their bastard offspring/successors to oversee, to keep us 'safe' and uninformed.
Sir John Howard Our next ambassador to Baghdad. Carn't wait to see him off.
Dubai fraud case: Emails suggest Alexander Downer was asked to lobby on behalf of Marcus Lee
he ABC's Foreign Correspondent program revealed last night that Mr Downer, while working as a consultant for hire, had written to the country's Crown Prince in 2009 seeking bail for one of the Australians, Matt Joyce.
The approach involved a negotiation of a success fee, estimated at $60,000.
Controversially his letter, delivered by the Australian Embassy, made no mention of the other Australian defendant, Marcus Lee.
Ain't that the truth.Just weeks out from Treasurer Joe Hockey's first budget, Dr Parkinson told a conference in Sydney that government revenues cannot "magically" return to the levels seen prior to the 2008-2009 global financial crisis.
Some have suggested that if only personal income tax cuts had been avoided in the 2000s things would be better," he told the Sydney Institute on Wednesday.
"As a tautology, it is hard to fault that logic.
"But if we had held on to that revenue, it may well have been spent on outlays rather than on tax cuts, meaning average earners would have faced higher marginal and average tax rates than they do now."
The issue is not increasing taxes its the shrinking tax revenue base which no one in government wants to talk about because they would then have to explain why its all Labors fault.
They need to start including the PPOR in pension means tests to give tax revenue a boost.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?