The Forum > General Discussion > The Bunyip Aristocracy
The Bunyip Aristocracy
- Pages:
-
- 1
- 2
- 3
- ...
- 8
- 9
- 10
- Page 11
- 12
- 13
- 14
- 15
- 16
- 17
-
- All
The National Forum | Donate | Your Account | On Line Opinion | Forum | Blogs | Polling | About |
Syndicate RSS/XML |
|
About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy |
What about the latest bit of corporate welfare. If the States sell off public assets at the usual bargain basement prices, Abbott and co will subsidise the sale to the tune of 15%. This is an indirect subsidy to big business. When BB negotiates with their already receptive Tory mates in NSW and other states, they will be be discounting the asset even further with the 15% sweetener on the table. If Abbott and co are serious about providing infrastructure, then provide it.
If the government suddenly announced they were going to subsidise private house sales to the tune of 15%. House prices would fall as buyers and sellers factor in the 15% subsidy in a perfect market they would fall by 7.5%. In the government case with a very keen Barry wanting to sell off a billion dollar asset at an already reduced price of say 20% off at $800k, the Abbott sweetener will drop the price to say $680k, a huge taxpayer subsidy!