Red Tape in Australia is at a crisis point. Each year red tape reduces
output by a staggering $176 billion,which is 11% of GDP. this makes
red tape Australia's largest industry. Thanks to red tape and high
taxes,business investment in Australia is just 12% of GDP,which is
lower than what it was during the economic hostile Whitlam years.
And with more than 700,000 Australians without work,now is not
the time for -yet another review.
***
When cochlear gave Nuheara the thumbs up it displayed 'volumes'
for the future of our company.
Buffett....
'I found in running a business that the best results come from letting
people (high grade) work unencumbered. It is also a form of 'leadership'
that recognises that.' (Canberra take note.)
'CEO's want to be respected and believed,they will be -and should be-only
when they deserve to be. They simply need to do what is right.'
***
Striving for Excellence is what Nuheara is all about. Good decisions are
based on Knowledge-- the backbone of our company. Justin holds the
'key' in his hands,he just has to place it in the right 'vault'.
Hm
NUH Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held