labor burns telstra shareholders., page-5

The below post is my opinion:

The liberal party would have been good for telstra because they encourage private investment through allowing private capital to earn a commercial return on their investment. Had previous telstra management taken a 14% return on investment for building a fibre-to-the-node network then I suspect telstra's shareprice would be better than it is today. I liked that management and they were good for telstra in many ways but I believe they may have overplayed their hand when hanging out for an 18% return on investment.

So much for Labor's "Moving Forward" slogan as the NBN is "Taking US Backwards". A new state owned and entrenched monopoly which will destroy competition and bet our future on one technology - optic fibre. The NBN will probably not be privatised whilst the greens hold the balance of power in the senate. Labor has not remained technology neutral - they have bet Australias future on the basis that optic fibre is the best technology. I beleive the coalitions policy of network diversity is much less risky. Whats more as new technologies are invented investors would have rolled them out under a coalition government. With labor we will be technologically stranded if a new technology comes along and supercedes optic fibre who would take the risk of rolling out a new network with labor in power?

Whatever happened to Competition Policy in this country? Labor and Conroy were essentially saying they would use taxpayer dollars to drive telstra into the ground if they didn't concede to their wishes. What about that policy of "Competitive Neutrality" where government is only supposed to enter privatised sectors on a commercial basis and not use taxdollars to tilt the field in their favour. Labor could not give a damn whilst the coalition would have respected private capital.

I would never say Labor is not socialist because it privatises things. It has to because its the only way it has of getting rid of the debt it always runs up and filling the holes that are left when private capital goes offshore. The coaltion privatises because it believes that free-enterprsise delivers a better and more prodcutive industry. Labor just doesn't like investors getting a return from their investment once they have purchased it off the government.

Regarding the ACCC I have already told you that I believe it is a rogue regulator. I am sure mainstream media moguls were shaking in their boots as a fully vertically intergrated Telstra converged on the media sector. Who knows how the 4th Estate achieves these outcomes through "statutorily independent bodies" and "governments". Do you?

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

I have not chosen a sentiment as the company is a political football. Ask the labor government what direction its shareprice is going to go. I suspect they would have a better idea than the management.