Just spare a few thoughts for the opposition. When they took government they inherited a massive $96 billion debt and spent quite a deal of their time in office paying it off and handed the Rudd government a $20 billion surplus which they are hell-bent on spending. The $10 billion stimulus package will be frittered away on less than meaningful trivia. The Rudd government is making an artform of painting themselves as economically responsible and adopting the moral high ground and has the media fooled that this is indeed fact. The reality is that they are beholden to the unions and we are watching a replay of the 70's Whitlam era of spend like drunken sailors. The current TLS saga is a disgrace. TLS owns the network (or rather millions of shareholders do) and the remaining bidders are planning to add on their proposals to the TLS network. It appears as though the government is determined to destroy TLS and hand our network to a foreign company/government and pay them handsomely as well.
TLS Price at posting:
$3.40 Sentiment: Hold Disclosure: Held
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