labor burns telstra shareholders., page-18

The below post is my opinion;

The governments new nationalised monopoly NBN Co will likely see higher controlled access prices, potentially mandated connections by citizens to the NBN (ala Tassie Labor) and legislation preventing telco companies from overbuilding and competing with it. None of these rules currently give telstra a leg up and yet it is fine by you if the labor government uses them.

What is wrong with telstra shareholders expecting a fair return on their investment, my exact words were , "telstra shareholders deserve some element of monopoly profits". ie they paid between $50-60 billion for an income stream / network they deserve a decent regulated return. How is the current (i beleive)theft by a labor government decent. Why doesn't Competitive Neutrality policy apply to NBN Co's entrance into a currently privatised sector.

You obviously beleive that the ACCC and Labors dealing with Telstra is fair and reasonable. You don't see a problem with ACCC setting 3rd party access rates at a level that assigns no value to the exisitng network, you don't see a problem with Labor building a new competing network less than 3 years after selling the final tranche of telstra to the public, you don't see a problem with Labor using the public purse to subsidise NBN Co and drive telstra into the ground because labors bank is bigger.

I am sorry I can not save you from your delusion. The outlook for telstra under Labor does not look so hot.

I get back to Margaret Thatchers saying, " socialist governments are good until they run out of other peoples money".

What labor does is scare away private investors. They see this activity and they think hmmmm look what happened with telstra or mining co's .... we should be careful whilst labor is in power.

Although it may or may not be too late for telstra. This is the reason Labor governments always result in higher debt - higher taxes - higher interest rates - higher unemployment - lower private sector investment and the inevitable debt spiral. So until these symptoms really start to bight people,then it looks like we will be stuck with a labor-greens government.

However, don't worry the greens will be there to turn us into a nation full of socially progressive basket weavers and eco-tourism operators. No thanks -that's why I believe the coalition is best for telstra.

Regarding why would the coalition be better - well they showed in the past that were willing to allow telcos to charge for taking the risk in installing infrastrucutre. The management and coalition just couldn't agree on a 18%versus 14% return.

Disclaimer: the above post is my opinion and is not to be used for making any decisions. The above post is purely for entertainment purposes.

I have not stated a sentiment as the company is a political football.