[LINK] NBN longer-term prospects

[JanW]

At 08:40 PM 31/01/2017, David Boxall wrote:

>What scares the Conservatives sh!tless is the thought that we need to invest before the cost/benefit equation comes into balance. We're dealing with harm done by decades of creeping commercialisation, culminating in privatisation. Australia can't afford to wait decades for the repair job. We can't afford to wait for the wimps.

Apologies to any of the Conservative/Libparty persuasion, but I never understood the paradox. Anyone worth their salt in business understands you make money by using other people's money. That means capital investment, bonds or shares. Spread the risk. Keep payback rates low. They're about as low as they'll get right now. 

The LNP never miss the chance to tell the public about their business prowess. And yet, they can't seem to make the conceptual transition as to how you run a country or invest well. Seems the only concept they carry with them into government is reducing taxes for their buds in the business world they say they came from. Or maybe so when they go back, all the rules favour their pockets.

That's not exactly the sort of business acumen I like. Just sayin.

Jan



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