TAH 0.98% 51.5¢ tabcorp holdings limited

looking good, page-27

  1. 11,377 Posts.
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    I can't believe the Murdoch press, newspaper on Saturday is all Today Tonight about the licence fee that is due to be refunded to TAH & TTS.

    Rubbishing on about how there isn't the money in the budget to repay the licence fees and that the companies should take a moral stance and not pursue the money that is owed to them.

    What a crock it was. Firstly, TAH & TTS paid the licence fee with the understanding that it would be refunded if their contracts were not renewed. Secondly, the ALP tried to find a loophole to try and renege on the contractual arrangement that the government had with the companies. Thirdly, if the money isn't there to pay TAH & TTS it is the former government's fault for not honouring the terms of the contract so why should TAH & TTS (and their shareholders) suffer?
 
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