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quigley clarifies profit "misconceptions", page-6

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    Paying off capital costs over a long period is normal business practice? That means that you can still have an annual operating profit while paying off that capital cost, (isn't that what Quigley said?).

    Not that the government is even close to showing us their working out for the NBN costing yet, or showing us how they think they can make a profit.
 
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