buzzanddidj wrote on Dec 28
th, 2010 at 8:25am:
viewpoint wrote on Dec 28
th, 2010 at 7:43am:
Repeat for those who can't read or comprehend:
If the taxpayer’s money is being spent by the government, then of course a CBA should be done, only the idiot left would think otherwise. They are sh it scared the cost far outweighs the benefit, and it will be made clear to all.
You can cite a previous example ?
Without getting CBA's confused with Treasury costings
Or is this new standard being demanded by the 'government in exile' one that should apply to Labor Governments - that Coalition governments, past and future, never were and never should be ?
That is the trouble buzz there is at least 3 on here that thinks that treasury costing is the same as a CBA.
Here is a example of the diffence between costing and CBA for those that don't know. I make it simple so 3 of you can understand it.
2 people want to buy a car.
The first guy want a Commodore so he goes to all the Holden dealerships and get the best price for his car and buys it.
That would be class as costing.
The second guy doesn't care what type of car he gets. He knows roughly what kind of car he wants so he goes to all different dealerships and gets prices for the type of car he wants.
That would be class as the cost.
He goes home and weights up all the benefit he can get out of each different cars he has look at.
That would be class as the benefit.
Then he would see which one would have the best resale value when he wants to sell it.
That would be class as analysis.
The first guy brought his car on costing the second guy done a cost benefit analysis before he brought his car.