06-16-2017, 05:48 PM
Business council of Australia;
"The NBN could now cost well over $50 billion — and it’s not even half-done; pink batts were the subject of a royal commission; and defence projects have an unrivalled heritage of magnificent cost overruns and project failures".
Interesting article, not sure I agree entirely though and if these two numpty's are the best of the best then god help is. Yes, anything the Governments touch turns to shit, true. However you don't make money from pink batts sitting in roofs, cables below the ground or military aircraft or Defence force submarines. You do make money from airports. Lots of money.
If the Government had any brains it would set up its own separate aviation business with Directors, and that business is then separated from mainstream government, kept at arms length. That way all the red tape, time wasting, money burning procurement processes can be avoided. Contract the building of the airport to Wagners and a few other private companies. That cuts back the costs by a third. Then own it and start charging landing fees, car park fees and tenant lease fees. It's a licence to print money. Pay off the costs of the build over a period of 10 years and then either keep earning a quid forever and a day from it or flog the asset for a premium price to the sharks and vultures waiting in the wings, and then piss the profits away in a manner that only Governments know best!
Just sayin.......
"The NBN could now cost well over $50 billion — and it’s not even half-done; pink batts were the subject of a royal commission; and defence projects have an unrivalled heritage of magnificent cost overruns and project failures".
Interesting article, not sure I agree entirely though and if these two numpty's are the best of the best then god help is. Yes, anything the Governments touch turns to shit, true. However you don't make money from pink batts sitting in roofs, cables below the ground or military aircraft or Defence force submarines. You do make money from airports. Lots of money.
If the Government had any brains it would set up its own separate aviation business with Directors, and that business is then separated from mainstream government, kept at arms length. That way all the red tape, time wasting, money burning procurement processes can be avoided. Contract the building of the airport to Wagners and a few other private companies. That cuts back the costs by a third. Then own it and start charging landing fees, car park fees and tenant lease fees. It's a licence to print money. Pay off the costs of the build over a period of 10 years and then either keep earning a quid forever and a day from it or flog the asset for a premium price to the sharks and vultures waiting in the wings, and then piss the profits away in a manner that only Governments know best!
Just sayin.......