MIG a.c.n. 059 457 279 limited
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the australian

  1. karoshi
    1,429 Posts.
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    17/10/05
    09:58
    Post #: 1177987
    According to what was written in the Australian weekend Inquirer, lengthy article 'Toll Barons', MIG Transurban and the like exist more on govt. subsidy IBTOS (Infrastructure Borrowing Tax Offset Scheme
    [got to love that name!]) than anything real like income at this stage.

    Driven by wish of state govts. to get debt off their books, such projects as these projects come about.

    I've been in the MIG cheer squad I admit but I also admit I have been ignorant or only half aware of some stuff. Not sure where these things go when the IBTOS is 'phased out in the next few years'.

    Read that article if you have the chance. I'm not an expert. Just another punter.

    K.
    MIG Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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