Ok Anton, I would suggest the four deaths that occurred far out weigh any potential fire risk, as they are undeniable.

As for the fire risk, tell me, would you buy a house, knowing it was insulated under the failed programe, further knowing that it had not bee inspected?

Yabby, it's funny how you being a farmer can sit there in support of those who have single handedly caused more grief to the nations farmers than anyone else.

All in th name of your super returns.

Nice try on the margins by the way.

You see 3% of a billion is quite nice, however, 3% of a million is not even equivalent to wages.

This is why small retailers need better margins. But you already knew that.

579, you just keep dreaming and assume this huge tax won't be passed on, plus some.

Sorry Anton, forgot something.

Are you by chance suggesting the failed insulation program was not a debacle?

Rechub & 579
Five of the last six recessions have immediately followed spikes in oil
prices. The dot.com crash is an exception.

I don't think anything done or not done in Australia can bring on a world recession.

The scammers that were in the insulation system have been dealt with and moneys recovered. The only debacle is in your head. The carbon tax will be passed on but it's a matter of how much gets through to the end user.
Individual suppliers will be wary of passing on the full amount, with the amount of competition in the retail system. Your suggestion of more than the tax amount is another pie in the sky.

Hi Rechtub,
I already said that it was not a debacle, however, I'm happy to repeat - it was not a debacle, as the data I linked clearly demonstrates.
Cheers,
Anthony
http://www.observationpoint.com.au

*Yabby, it's funny how you being a farmer can sit there in support of those who have single handedly caused more grief to the nations farmers than anyone else.*

Not so, Rehctub. Any dealings that I've had with Coles or Woolies,
they are alway prepared to buy the best. Its the corruption going
on with smaller buyers, which has always been the problem. Coles
are targeting Kraft, Unilever, Nestle, etc and fair enough. These
are global companies and there is no good reason why Aussie consumers
should pay higher prices then others around the world. If Nestle make
a 40% margin on coffee, why should they not be taken to task with
competition?

A 10% margin, which you say is unviable, on a million dollars is
still a very good living.

But it comes down to return on equity. 12% return on equity is
a good return in today's world. If small players demand a fortune
for taking risk, well frankly then we are better off with big
players.

I am not here to subsidise the local butcher and make his fortune
for him, the easy way. You guys should be able to run rings around
the likes of Coles, with better efficiency and better service.

But I'm not going to pay high prices, just to subsidise the huge
rents charged by Westfield and Co.