Oz Federal Election 2013 - Discussion and Comments

[Pushka]

Yeah get the greenie snouts out of the trough so that big business can line up for extra subsidies/corporate welfare.

There is no link between the two. However, the climate change movement morphed into corporations. Built completely from taxpayers money. Based on 'the science'.

 

[SQ421]

There is no link between the two. However, the climate change movement morphed into corporations. Built completely from taxpayers money. Based on 'the science'.

And one of those corporations, the much derided (and I think, recently scrapped) 'green bank' was showing a rate of return considerably north of the Government Bond rate.

 

[drron]

And one of those corporations, the much derided (and I think, recently scrapped) 'green bank' was showing a rate of return considerably north of the Government Bond rate.

I am pretty sure that at the present there is no rate of return.
They have lent money to Pacific Hydro at commercial rates of interest.Yes that is more than the Government bond rate but you would have to know the details of the loan.For example they have also borrowed from the banks.My bet is if there is a default the banks get paid first.

 

[serfty]

A New government fires up tomorrow ... after over 7000 posts it's time for this thread to be put to rest.