Australian Politics Forum - AGL profits up up and away

Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	AGL profits up up and away Aug 9^th, 2018 at 1:01pm http://www.abc.net.au/news/2018-08-09/agl-profit-almosts-trebles-on-higher-elect...
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: AGL profits up up and away Reply #1 - Aug 9^th, 2018 at 1:03pm AGL's 2018 net profit of $1.6 billion rose 194 per cent from the previous year of $539 million.
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: AGL profits up up and away Reply #2 - Aug 9^th, 2018 at 1:03pm Was this before or after everyone got their 550 bucks?
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: AGL profits up up and away Reply #3 - Aug 9^th, 2018 at 1:06pm Policy certainty is key to encouraging the additional generation supply that will place further downward pressure on prices and benefit consumers over time," he said. Well that's a revelation
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lee Gold Member Offline Australian Politics Posts: 19714 Gender:	Re: AGL profits up up and away Reply #4 - Aug 9^th, 2018 at 1:38pm "AGL Energy generates energy from power stations that use thermal power, natural gas, wind power, hydroelectricity, solar energy, gas storage and coal seam gas sources." Source:wiki Can you say "subsidy"?
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Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: AGL profits up up and away Reply #5 - Aug 9^th, 2018 at 2:36pm lee wrote on Aug 9^th, 2018 at 1:38pm: "AGL Energy generates energy from power stations that use thermal power, natural gas, wind power, hydroelectricity, solar energy, gas storage and coal seam gas sources." Source:wiki Can you say "subsidy"? Can you say "cherrypick"?
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Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: AGL profits up up and away Reply #6 - Aug 9^th, 2018 at 2:37pm Its time wrote on Aug 9^th, 2018 at 1:03pm: AGL's 2018 net profit of $1.6 billion rose 194 per cent from the previous year of $539 million. Time to introduce a super profits tax.
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lee Gold Member Offline Australian Politics Posts: 19714 Gender:	Re: AGL profits up up and away Reply #7 - Aug 9^th, 2018 at 3:28pm Bam wrote on Aug 9^th, 2018 at 2:37pm: Time to introduce a super profits tax. Is that on all companies or just miners? AGL is mainly a generator of power.
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lee

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Re: AGL profits up up and away
Reply #8 - Aug 9^th, 2018 at 3:30pm

Bam wrote on Aug 9^th, 2018 at 2:36pm:

lee wrote on Aug 9^th, 2018 at 1:38pm:

"AGL Energy generates energy from power stations that use thermal power, natural gas, wind power, hydroelectricity, solar energy, gas storage and coal seam gas sources."

Source:wiki

Can you say "subsidy"? Wink

Can you say "cherrypick"? Wink

Yes much easier than you can say tax deductions are subsidies. Grin

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juliar Gold Member Offline Australian Politics Posts: 22966	Re: AGL profits up up and away Reply #9 - Aug 9^th, 2018 at 4:10pm AGL is bloating on the ridiculous renewable rubbish subsidy which is causing instability in the electricity supply and is leading to gaming of the system by the private operators which is increasing the cost of electricity.
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: AGL profits up up and away Reply #10 - Aug 9^th, 2018 at 4:50pm Its time wrote on Aug 9^th, 2018 at 1:06pm: Policy certainty is key to encouraging the additional generation supply that will place further downward pressure on prices and benefit consumers over time," he said. Well that's a revelation
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juliar Gold Member Offline Australian Politics Posts: 22966	Re: AGL profits up up and away Reply #11 - Aug 9^th, 2018 at 4:55pm It has all been to much for the mild mannered armchair arm waver rtard Polly Waffle who is cackling at himself now.
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: AGL profits up up and away Reply #12 - Aug 9^th, 2018 at 5:36pm
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stunspore Gold Member Offline Australian Politics Posts: 5097 Gender:	Re: AGL profits up up and away Reply #13 - Aug 9^th, 2018 at 7:54pm I don't mind profits are up ... got shares in AGL. Wonder why the magic $550? Funnily enough (or not funny maybe), same as Abbott's promise as well. And we know how they went. Coalition promises are bit unreliable.
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Bam

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Re: AGL profits up up and away
Reply #14 - Aug 9^th, 2018 at 11:15pm

stunspore wrote on Aug 9^th, 2018 at 7:54pm:

I don't mind profits are up ... got shares in AGL.

Wonder why the magic $550? Funnily enough (or not funny maybe), same as Abbott's promise as well. And we know how they went. Coalition promises are bit unreliable.

Coalition promises are a bit unreliable in the same way that the surface of the Sun is a bit warm.

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