Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: WA government selling ports

  1. #1
    Join Date
    Apr 2014
    Location
    3rd planet from the sun
    Posts
    1,129
    Total Downloaded
    0

    WA government selling ports

    How can this short term selling the golden goose help in the long term?

    Something is fundamentally wrong with the financial model, soon there will be nothing to sell and we'll be slaves to privatised companies...charging what they want


    Privatisation of ports to finance WA government bailout | Mining Australia

  2. #2
    Join Date
    Oct 2009
    Location
    Lake Macquarie. NSW.
    Posts
    7,996
    Total Downloaded
    0
    Has already happened in Newcastle. A 99 year lease to the Chinese. Yep, you can't keep flogging off the family silver without looking at the underlying problem.

  3. #3
    Join Date
    Dec 2009
    Location
    Williamstown, Barossa, SA
    Posts
    3,451
    Total Downloaded
    0
    And once it goes to the dogs, all the skilled people will look to migrate again, as has happened out of Europe! Sad really.
    1995 Mercedes 1222A 4x4
    1969 (Now know! Thanks Diana!!) Ser 2 Tdi SWB

    1991 VW Citi Golf Cti (soon to be Tdi)

    'When there's smoke, there's plenty of poke!!'
    'The more the smoke, the more the poke!!'

  4. #4
    Join Date
    Apr 2014
    Location
    3rd planet from the sun
    Posts
    1,129
    Total Downloaded
    0
    Quote Originally Posted by Sitec View Post
    And once it goes to the dogs, all the skilled people will look to migrate again, as has happened out of Europe! Sad really.
    This is what ****s me, why don't we learn from the mistakes of others. Bloody govt has such a short term please the sheeple attitude to fiscal management.

  5. #5
    Join Date
    Jan 1970
    Location
    South Yundreup,WA.
    Posts
    7,468
    Total Downloaded
    0
    Because it will make the balance sheet look good while the existing Barnyard govt is in power and is most likely will be sold to business associates of the government who will then get jobs or benefits when they leave govt office.
    Same roundabout just going round and round with all public assets. In 5 - 10 years time whatever govt is in office will be complaining about it.
    They should not be allowed to sell public assets like this without a referendum.
    As with everything else watch costs to use this service sky rocket under privatization.
    2011 Discovery 4 TDV6
    2009 DRZ400E Suzuki
    1956 & 1961 P4 Rover (project)
    1976 SS Torana (project - all cash donations or parts accepted)
    2003 WK Holden Statesman
    Departed
    2000 Defender Extreme: Shrek (but only to son)
    84 RR (Gone) 97 Tdi Disco (Gone)
    98 Ducati 900SS Gone & Missed

    Facta Non Verba

  6. #6
    Join Date
    Jul 2013
    Location
    Perth WA
    Posts
    236
    Total Downloaded
    0
    Having worked in a port, I think this is a huge mistake. Government should always be in control of the entry and egress points of the country. And from a safety point of view, I can vouch that the crews on the ships we brought in had nowhere near the safety levels that we expect here. Just the other day an inspector for my company was nearly cut in half by a closing hatch. Apparently isolations, "lock out, tag out" was not the norm - although this incident was not at an australian port. And the inspector is at fault also for not insisting the hatch was isolated. But I digress.
    Privatisation of utilities like ports seems like a money grab to me, one that we will regret later.
    Just my 2c worth.

    Sent from my GT-I9295 using AULRO mobile app

  7. #7
    Join Date
    Apr 2014
    Location
    3rd planet from the sun
    Posts
    1,129
    Total Downloaded
    0
    Quote Originally Posted by CraigE View Post
    They should not be allowed to sell public assets like this without a referendum.
    .
    100% agree with that.

  8. #8
    Join Date
    Jul 2013
    Location
    Perth WA
    Posts
    236
    Total Downloaded
    0
    I will also add that the port I worked at - Port Hedland- is the biggest exporting port in Australia. Why would you give up an asset like that?:thumbdown:

    Sent from my GT-I9295 using AULRO mobile app

  9. #9
    Join Date
    May 2010
    Location
    brighton, brisbane
    Posts
    33,853
    Total Downloaded
    0
    There is similar concern over the Adani group, from India, getting approval for a new coal mine, & a port at Abbot Point, near Mackay. The Adani group have been accused of corruption, and many environmental concerns in India. Bob



    Adani gets Australia’s nod for $15.5 bn coal mining project - Livemint
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking

  10. #10
    Join Date
    Nov 2008
    Location
    Illawarra
    Posts
    2,508
    Total Downloaded
    0
    The libs did that in Nsw, now watch who gets screwed . As the illawarra is a safe labor seat we got a far lower percentage (for local development )of the sale price of port kembla, than Newcastle did of their port.
    I agree, the sale of power, ports and Telstra is simply robbing our kids to have a holiday.
    How much easier would a renewables scheme be if the govt still owned all the power supply?
    How much cheaper would the nbn have been if it was just one company ? 2-3 years profits from all the phone companies in Oz would have covered the upgrade costs. Don't bother with Murdoch getting part of the libs dumbed down plan or the govt deciding not to fight his $880 million tax return.
    http://www.ft.com/cms/s/0/0fe00f6e-9...#axzz3BpbtU6Fp
    News Corp CFO to lead NBN Co's financials - Delimiter

    As our and the global population grows we will use ports far more, not less. Ditto for airports, but my bet is the new sydney one will be private.

Page 1 of 2 12 LastLast

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Search AULRO.com ONLY!
Search All the Web!