09-01-2023, 02:21 AM
This is typical of everything that has happened over the last few years. Don't get me started about public organisations and the "covid credit card".
Ultimately, the Australian super standards are such, that these profits get delivered to shareholders, that prop up super annuation, which means that the government get to take money from the pension fund, and the better Australian public listed companies perform, the better for everyone.
That means, that as bad as all this is, its only thieving from people to give back to them anyway and pay a bunch of people in the process, which stimulates the economy and creates employment.
Ultimately when push comes to shove, when you hear the government going soft in this regards, its going to cost more to go hard, than its worth.
Ultimately, the Australian super standards are such, that these profits get delivered to shareholders, that prop up super annuation, which means that the government get to take money from the pension fund, and the better Australian public listed companies perform, the better for everyone.
That means, that as bad as all this is, its only thieving from people to give back to them anyway and pay a bunch of people in the process, which stimulates the economy and creates employment.
Ultimately when push comes to shove, when you hear the government going soft in this regards, its going to cost more to go hard, than its worth.
"everything you know is wrong"
Paul Hewson
Paul Hewson