Australian Politics Forum - Electricity Privatisation successful!

James Bluntus Senior Member Offline Australian Politics Posts: 456 Gender:	Electricity Privatisation successful! Dec 14^th, 2010 at 1:21pm http://www.dailytelegraph.com.au/news/bn-sell-off-sparks-price-hike-fear/story-e6freuy9-1225970697031
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Dnarever Gold Member Online Australian Politics Posts: 60989 Here Gender:	Re: Electricity Privatisation successful! Reply #1 - Dec 14^th, 2010 at 2:06pm I would think a bad idea by Labor and a dishonest responce from the Libn's.
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James Bluntus Senior Member Offline Australian Politics Posts: 456 Gender:	Re: Electricity Privatisation successful! Reply #2 - Dec 14^th, 2010 at 2:09pm Dnarever wrote on Dec 14^th, 2010 at 2:06pm: I would think a bad idea by Labor and a dishonest responce from the Libn's. Well, if the libs get in, they are gunna sell it anyway. So, the state is in between a bad government and a lack of an alternative government.
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Verge

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Re: Electricity Privatisation successful!
Reply #3 - Dec 14^th, 2010 at 2:11pm

James Bluntus wrote on Dec 14^th, 2010 at 2:09pm:

Dnarever wrote on Dec 14^th, 2010 at 2:06pm:

I would think a bad idea by Labor and a dishonest responce from the Libn's.

Well, if the libs get in, they are gunna sell it anyway. So, the state is in between a bad government and a lack of an alternative government.

The state is broke, that is the problem.

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James Bluntus

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Re: Electricity Privatisation successful!
Reply #4 - Dec 14^th, 2010 at 2:16pm

Verge wrote on Dec 14^th, 2010 at 2:11pm:

James Bluntus wrote on Dec 14^th, 2010 at 2:09pm:

Dnarever wrote on Dec 14^th, 2010 at 2:06pm:

I would think a bad idea by Labor and a dishonest responce from the Libn's.

Well, if the libs get in, they are gunna sell it anyway. So, the state is in between a bad government and a lack of an alternative government.

The state is broke, that is the problem.

Thats true too.

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Verge

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Re: Electricity Privatisation successful!
Reply #5 - Dec 14^th, 2010 at 2:18pm

The New South Wales Opposition says it is concerned by reports the Government has completed the privatisation of its electricity assets, a move which will raise an estimated $5 billion.

Today's Australian newspaper says electricity retailers Integral Energy and Country Energy have been bought by Origin Energy.

In announcements on the stock exchange this morning, Origin has requested a halt to trading while AGL has confirmed it spent $13 million on its bid offer but did not acquire any assets.

State Treasurer Eric Roozendaal has foreshadowed an announcement later today.

The report says retailer EnergyAustralia has been acquired by TRUenergy.

Origin and TRUenergy have also bought the rights to trade the output from power stations.

Opposition treasury spokesman Mike Baird says the sale process is flawed.

"This transaction is madness, it is literally giving away billions of dollars," he said.

"We cannot afford to give that money away. Any premier or treasurer that oversees something that moves from a fire sale to a charity giveaway has absolutely nothing to be proud of."

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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Sprintcyclist Gold Member Offline OzPolitic Posts: 41183 Gender:	Re: Electricity Privatisation successful! Reply #6 - Dec 14^th, 2010 at 2:18pm Who made the state broke ?
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gizmo_2655 Gold Member Offline Australian Politics Posts: 16010 South West NSW Gender:	Re: Electricity Privatisation successful! Reply #7 - Dec 14^th, 2010 at 2:18pm Privatisation is ALWAYS a bad idea...
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Dnarever

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Re: Electricity Privatisation successful!
Reply #8 - Dec 14^th, 2010 at 2:27pm

gizmo_2655 wrote on Dec 14^th, 2010 at 2:18pm:

Privatisation is ALWAYS a bad idea...

Yes but sometimes it is the only option.

I think that after Rees got the punt over it the idea should be dead as far as Labor is concerned.

Tactically Labor should let the Liberals do it and then crucify them over it.

The way it stands now the liberals will get the benefit of it and Labor will cop the criticism, a truly stupid move politically.

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Verge

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Re: Electricity Privatisation successful!
Reply #9 - Dec 14^th, 2010 at 2:30pm

Dnarever wrote on Dec 14^th, 2010 at 2:27pm:

gizmo_2655 wrote on Dec 14^th, 2010 at 2:18pm:

Privatisation is ALWAYS a bad idea...

Yes but sometimes it is the only option.

I think that after Rees got the punt over it the idea should be dead as far as Labor is concerned.

Tactically Labor should let the Liberals do it and then crucify them over it.

The way it stands now the liberals will get the benefit of it and Labor will cop the criticism, a truly stupid move politically.

We all know the benefits are very short lived.

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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vegitamite

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Re: Electricity Privatisation successful!
Reply #10 - Dec 14^th, 2010 at 2:33pm

Tactically Labor should let the Liberals do it and then crucify them over it.

The way it stands now the liberals will get the benefit of it and Labor will cop the criticism, a truly stupid move politically

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I totally agree.

Which shows how much NSW state labor are committing suicide - and I need to ask why?

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Dnarever

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Re: Electricity Privatisation successful!
Reply #11 - Dec 14^th, 2010 at 2:35pm

Verge wrote on Dec 14^th, 2010 at 2:30pm:

Dnarever wrote on Dec 14^th, 2010 at 2:27pm:

gizmo_2655 wrote on Dec 14^th, 2010 at 2:18pm:

Privatisation is ALWAYS a bad idea...

Yes but sometimes it is the only option.

I think that after Rees got the punt over it the idea should be dead as far as Labor is concerned.

Tactically Labor should let the Liberals do it and then crucify them over it.

The way it stands now the liberals will get the benefit of it and Labor will cop the criticism, a truly stupid move politically.

We all know the benefits are very short lived.

The financial benifits are almost non existant.

However the benifit of avoiding 3/4 of a decade of regular blackouts has some merit.

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Verge

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Re: Electricity Privatisation successful!
Reply #12 - Dec 14^th, 2010 at 2:39pm

Quote:

Tactically Labor should let the Liberals do it and then crucify them over it.

The way it stands now the liberals will get the benefit of it and Labor will cop the criticism, a truly stupid move politically

=====================

I totally agree.

Which shows how much NSW state labor are committing suicide - and I need to ask why?

Do you really need to ask Vegi, look at the state of NSW Labor, its been terrible for years.

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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Kat Gold Member Offline Socialism IS the answer. Posts: 17709 Everywhere and no-where Gender:	Re: Electricity Privatisation successful! Reply #13 - Dec 15^th, 2010 at 9:21pm NO public utility OR essential service should EVER be privatised. Ever. For ANY reason.
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Sprintcyclist Gold Member Offline OzPolitic Posts: 41183 Gender:	Re: Electricity Privatisation successful! Reply #14 - Dec 15^th, 2010 at 9:40pm buy shares in WHATEVER coy bought it. they will make a motza
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