The cost of energy is in many cases a significant burden to business (and many households). Unlike his predecessor Peter Costello, who does have an economics background and has often advocated for Australian businesses: that high fuel prices were an increased burden for businesses. Little has been said by […]
Tag: NBN
The benefits of privatisation of essential services are questionable
Private enterprise is primarily concerned with maximising profits, to increase the returns to shareholders; which makes the shares more attractive and increases the share price. This increases the value of the company concerned. The bonuses and remuneration paid to the company’s CEO and other executives are often based upon […]
Nation Building – Infrastructure – National Broadband Network (NBN)
Whilst a fibre optic cable national broadband network would be a ‘nice to have’ piece of infrastructure, the cost for this project is 43 billion dollars (Aus). In a country with rapid population growth, requiring increased resources, such as water, electricity, public transport and education. It is difficult to […]