The Forum > General Discussion > Pauline. The giant slayer
Pauline. The giant slayer
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Posted by leoj, Wednesday, 1 March 2017 10:40:30 AM
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Shadow; "That Auspost has many assets at its disposal free of charge"
AP has been a corporation since the 1990's, as the Lovely Pauline would say...Please E-X-P-L-A-I-N! Posted by Paul1405, Thursday, 2 March 2017 3:48:20 AM
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Paul,
I know that the greens are economically challenged, so I will use small words. Profit = revenue - costs = price x volume -costs Major costs = operational costs = labour + electricity etc overhead costs = machinery, rental, interest etc Which do you think Auspost got a lot of for free? Most of their premises were transferred to Auspost, and so their rental / interest on property is very low. Something that their competitors don't get. Posted by Shadow Minister, Thursday, 2 March 2017 6:31:38 AM
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Shadow, again I have to educate you, if you keep this up I'll have to stand you in the Dummy Corner for the rest of the lesson.
Around 3,000 Australia Post outlets are LPO's that is licensed post offices, operated by a licencee under normal commercial operating rules, paying rent etc. All new corperate outs and many old establishment operate out of rented commercial premises. To say. " "Most of their premises were transferred to Auspost" is totally untrue. The same applies to sorting facilities which have been eztablished long after corporation. Another goof like that and it will be the Dummies Corner for you. Posted by Paul1405, Thursday, 2 March 2017 6:58:52 AM
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In a magnanimous gesture to its licencee's and the general public Australia Post made $40 million available in financial assistance to struggling LPO's, mainly in country areas, something it did not have to do in the dog eat dog world of free markets. Could you see Woolworths or Coles assisting their suppliers. Not bloody likely, in fact they have a track record of doing the opposite
Next topic Shadow, The Commonwealth Bank recorded a $4.9 billion first half profit. please tell what ongoing benefits are the previous owners of the bank, us the taxpayers, receiving from its sale? In fact what benefits did we receive in the first place, and don't tell me it was used to buy birthday cakes for Liberal MP's like Julie Bishop! When these conserves, and I include Labor in this, sell off a juicy public asset like the CBA, they tout it as a win for the mum and dad investors. The fact is they sell them off at a bargain basement price, and the ownership soon filters away from those mums and dads and into the hands of the big corporations CBA 14.9% HSBC owned (foreign bank), 11.6% JP Morgan (foreign owner) the list goes on, Mum and Dad diddly squat! The Commonwealth Bank of Australia was set by an act of Parliament in 1911, started operations in 1912. The only injection of taxpayer money into the bank was 20,000 pounds ($40,000) as start up capital. The government bank operated successfully until 1991-96) when it was fully privatized at a overall sale price of $8 billion. It has returned record profits year after year ever since. The bank operated freely through the Great Depression of the 1930's, whilst many private banks went to the wall! Until 1960 the CBA also operated as Australia's central bank, at no cost to the government, a bit like Australia Post today. The 'Free Marketers' will sell off all the juicy plums, at no benefit, and leave the taxpayers with the mill stones around their necks. Posted by Paul1405, Thursday, 2 March 2017 9:30:54 AM
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Paul,
I have no desire to join you in the Dummy's corner. Clearly it's gone over your head that the 3000 franchisees that you mention are entirely independently owned and run and are not actually part of Austpost. Are you going to be silly enough to tell me that Auspost inherited not a shred of property? http://www.afr.com/real-estate/australia-post-chief-ahmed-fahour-to-sell-historic-gpos-20160508-gopkob Posted by Shadow Minister, Thursday, 2 March 2017 7:15:28 PM
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Egalitarianism was weakened and finally displaced as a sociopolitical ideology and worthy aim, by the dominance of feminism and the other exclusive, selfish 'isms', that are incompatible with egalitarianism.
Equally, feminism and the other exclusive, gravy train 'isms' are incompatible with humanism. Feminists are very quick to sledge, disrupt and oust any support for egalitarianism or humanism from among their own ranks. The reasons they do that are fairly obvious.
I believe it is preferable to focus on the desirability of reinstating community benefit as a factor to be always considered when formulating public policy. There is a lot of money and effort being wasted through poor cooperation among the various sectors of government and NGOs and the like. All vie for territory to protect their income stream of government grants. So others in the same field are construed as competitors. The feminists white-knuckled grasp on 'DV' is an example.
Again the feminists and gravy train will stridently object, but they have a very narrow focus on their own self-entitlement and there is no escaping that.