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The Forum > Article Comments > Mike Bairdís assets test > Comments

Mike Bairdís assets test : Comments

By Graham Young, published 11/2/2015

If electors think asset sales are necessary to make life more secure, caused by Labor's mismanagement, they will take it out on Labor, not the privatiser.

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Interesting research Graham.

So it's full speed ahead Mike and dam the electoral torpedoes?

The Sydney opera house cost a veritable fortune! However, nobody thought they needed to sell income earning assets to pay for it! Instead, someone with a great deal more vision than Mike, used a simple long term casket to raise the essential funds.

Selling income earning assets is just dumb.

Sure there's an influx of money, but just once; and then the income derived from the assets has to be replaced!

In the ABC news this morning; Comparisons between privatized generation assets, show the privatized ones have created consumer costs four times higher in any fair comparison.

Do you seriously believe the electors in NSW would sit still for that, even as just a possibility; particularly the way electricity charges affect industrial development and jobs/jobs/jobs!

I also wouldn't rule out the crusading Alan Jones factor and just how hostile this man has become toward the coalition on all manner of things, i.e., new coal mines, CSG, and the patently unfair way the Abbott Government has attacked the less well off?

Alan Jones told us on Q+A, that he pays 48 cents in the dollar tax, the highest rate?

And then went on to explain, that by investing in his own super, he can save 33 cents of that; meaning an effective tax rate for him and his ilk of just 15 cents in the dollar!?

And Mike Baird has yet to try 30 year self terminating bonds, to build all manner of income earning assets. And we now have super funds larger than our economy, for heavens sake!

Arguably, we are one of a few countries, that simply refuse to do so, but were high up in the queue when it came to worthless derivatives, the reason some of our municipalities are now unable to pay for essential infrastructure?

I also believe it will be close, and with Alan Jones mounting a hostile campaign, it is not yet a forgone conclusion the Mike Baird will win, or that assets sales will progress?
Cheers, Rhrosty.
Posted by Rhrosty, Wednesday, 11 February 2015 10:03:48 AM
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The Libs may hang on in NSW, but they have now produced a one term government in QLD and VIC with NT most likely to join them. In SA Labor will hang on despite being hopeless cause the Libs are even worst and WA is up in the air with their financial crunch starting to bite.

Tony's Libs will most likely be a one term government because they hang the wrong leader. i agree with Graham that voters tend to vote against then for things. People will be queuing impatiently to vote Tony's Libs out at the next election.

The Libs can not sell their message of economic austerity with an credibility, while they will not go after the big end of town
Posted by Cobber the hound, Wednesday, 11 February 2015 10:10:17 AM
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We're told that only 30% of us understand politics, that only 30% understand economics, with the remaining 40% understanding neither.

It is the ignorant and easily manipulated 40%, who decide all our elections.

And it is this 40% that is the target audience of shock jocks like Alan Jones, and it seems, who think the sun shines out of his proverbial.

Little wonder even Prime Ministers are it seems, afraid of this outspoken man, who simply does not mince words, and seems to be hostile to all thing coalition, at this time!

And may well have been a factor in Campbell Newman's downfall?
Rhrosty.
Posted by Rhrosty, Wednesday, 11 February 2015 10:19:22 AM
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The Mantra I would be endlessly repeating is; a vote for Mike Baird and his coalition, is a vote for privatization; and as has occurred elsewhere, quadrupled electricity charges!
Rhrosty.
Posted by Rhrosty, Wednesday, 11 February 2015 10:45:27 AM
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Typical tory tactics.
Dont sell your own policies just trash your opponents.

"You have to frame your opponent as a risk, or you will most probably fail."

Pure gutter politics! All that we expect from the liars and dissemblers on the right these days.

How sad. And you wonder why people have no respect for politics and cant be bothered. There's your answer right there.
Posted by mikk, Wednesday, 11 February 2015 10:50:00 AM
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The Abbott factor will account for a lot of swinging votes. As time gets closer the smaller the gap. It will be a certainty that Abbott will put his foot in it just to seal NSW fate. With 15 seats already moved away from Baird govt; with 40% undecided.

Support for Premier Mike Baird's plan for the privatisation of NSW electricity assets has fallen, despite his promise to use the proceeds to fund $20 billion worth of infrastructure projects.

Mr Baird has announced that if reelected on March 28 he will privatise transmission company Transgrid and 50.4 per cent of distribution businesses Ausgrid and Endeavour Energy via a 99 year lease. People wonít like that because itís Abbottís idea.
Posted by 579, Wednesday, 11 February 2015 12:24:21 PM
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