Talking Politics

[Baloo]

It'd be nice if SPC released a limited edition can of Baked Beans. Abbott and Hockey Beans - More wind than substance

 

[This Is Anfield]

It'd be nice if SPC released a limited edition can of Baked Beans. Abbott and Hockey Beans - More wind than substance

I just wish they would make baked beans in ham sauce that taste good! Unfortunately the Heinz ones are much better!
All the fruit we buy is fresh not canned.

 

[Rosy]

I just wish they would make baked beans in ham sauce that taste good! Unfortunately the Heinz ones are much better!
All the fruit we buy is fresh not canned.

Well there ya go. Obviously the reason behind Tones' decision not to cough up any money to help out.

 

[tigergollywog]

It'd be nice if SPC released a limited edition can of Baked Beans. Abbott and Hockey Beans - More wind than substance

that is funny. alot of people would buy 'em. You should email spc suggestions Bear. If they were going to so special editions, they'de have to do a can of Liam Mc Beans too.

 

[Baloo]

There could be a theme of them for a while.

Abbott Half Baked Ideas Beans
Paine Spaghetti Worms
Rudd Alphabet Pasta - Mandarin Edition
Gillard Red Sauce

 

[KnightersRevenge]

Very happy that the Victorian Govt have come to the party in order to try and save SPC. A massive boost for a struggling city. I hope the new products sell well and that people consider buying Australian whenever possible.

So Napthine does get politics. A clever decision. Now we need to find a way to convince him that trains are more popular than roads.

 

[pirate]

a giant billon dollar corparation just sucked millions of taxpayer dollars out of our premier that would of been better off spent on our ambos/hospitals and the leftys cheer? ??? ??? worlds gone mad

 

[tigergollywog]

a giant billon dollar corparation just sucked millions of taxpayer dollars out of our premier that would of been better off spent on our ambos/hospitals and the leftys cheer? ??? ??? worlds gone mad

:hihi

 

[Sintiger]

a giant billon dollar corparation just sucked millions of taxpayer dollars out of our premier that would of been better off spent on our ambos/hospitals and the leftys cheer? ??? ??? worlds gone mad

I am not sure if this decision is the right one or not but I know it should have nothing to do with whether CCA is a giant corporation or not. Anyone who understands how companies make such decisions would know that but that seems to exclude our PM, Treasurer and a number of others. It was an investment decision which would have to stack up against alternatives and their investment thresholds. By co-investing the Vic Govt will have reduced CCA's investment and increased it's return making it more economically viable. That is how companies like CCA make money, by making sound economic decisions. Whether they make $200 million in 6 months or not has always been irrelevant to the decision they would make.

Govt should be making it's decision on benefits to the country and the State as well. However i suspect this decision has far more to do with the election in November than such calculations.

 

[Rosy]

... However i suspect this decision has far more to do with the election in November than such calculations.

I don't have much doubt there, especially when Labor had pledged to cough up if they were elected. No matter the reason I hope it has a positive outcome for Shepparton and it's people.

 

[Sintiger]

I don't have much doubt there, especially when Labor had pledged to cough up if they were elected. No matter the reason I hope it has a positive outcome for Shepparton and it's people.

Yeah me too.

In the end the success or failure of SPCA is based on sales on their products. The monopolistic behaviour of Coles and Woolworths is a major issue for what is left of consumer product manufacturing in this country. Lets hope they keep their products on the shelf.

 

[Brodders17]

I am not sure if this decision is the right one or not but I know it should have nothing to do with whether CCA is a giant corporation or not. Anyone who understands how company's make such decisions would know that but that seems to exclude our PM, Treasurer and a number of others. It was an investment decision which would have to stack up against alternatives and their investment thresholds. By co-investing the Vic Govt will have reduced CCA's investment and increased it's return making it more economically viable. That is how companies like CCA make money, by making sound economic decisions. Whether they make $200 million in 6 months or not has always been irrelevant to the decision they would make.

Govt should be making it's decision on benefits to the country and the State as well. However i suspect this decision has far more to do with the election in November than such calculations.

good post. like much of what Abbott and co say, their going on about Coke is just a distraction.

 

[Tigers of Old]

Disgrace!!

http://www.theage.com.au/business/rupert-murdoch-tax-win-blows-880m-hole-in-federal-budget-20140217-32v4r.html

 

[tigergollywog]

Disgrace!!

http://www.theage.com.au/business/rupert-murdoch-tax-win-blows-880m-hole-in-federal-budget-20140217-32v4r.html

I had a debt collector hassling me for about $800 tax debt last year. while Rupert gets a cheque for 800 mill?

What was the headline in the paper the other day about Lindsay Fox getting a few million bucks worth of crown land for nothin?

Oh dear. I'd love to see a headline "Mental, homeless bloke gets a free casino". Dont like my chances.

 

[lukeanddad]

I am not sure if this decision is the right one or not but I know it should have nothing to do with whether CCA is a giant corporation or not.

I don't understand this statement. If Apple (say) has an underperforming product, shouldn't this be a factor in whether a government should provide assistance?

It was an investment decision which would have to stack up against alternatives and their investment thresholds.

I guess this may mean that CCA did not see the investment in SPCA as viable - presumably against their benchmark hurdle rate.

By co-investing the Vic Govt will have reduced CCA's investment and increased it's return making it more economically viable. That is how companies like CCA make money, by making sound economic decisions. Whether they make $200 million in 6 months or not has always been irrelevant to the decision they would make.

Sorry, confused again. The Vic Gov $s will only delay the inevitable for a period - unless the 'investment' is specifically targeted at making SPCA more efficient - or perhaps help them develop products that people are more likely to purchase.

Govt should be making it's decision on benefits to the country and the State as well. However i suspect this decision has far more to do with the election in November than such calculations.

This, I get. And yes, agreed. Dr Napthine has a very short tenure remaining as premier. From what I have observed, this is not such a bad thing for the state

 

[mexican_radio]

Now we need to find a way to convince him that trains are more popular than roads.

I always think that people who say this have not relied on trains for regular transport too often. Trains are expensive, noisy, slow, unreliable, overcrowded, uncomfortable and often downright unsafe.
Where is the actual evidence that people want more trains? I would agree in one respect, we need BETTER trains. I don't know that we need more of them.

 

[Sintiger]

I don't understand this statement. If Apple (say) has an underperforming product, shouldn't this be a factor in whether a government should provide assistance?


I guess this may mean that CCA did not see the investment in SPCA as viable - presumably against their benchmark hurdle rate.

Sorry, confused again. The Vic Gov $s will only delay the inevitable for a period - unless the 'investment' is specifically targeted at making SPCA more efficient - or perhaps help them develop products that people are more likely to purchase.

This, I get. And yes, agreed. Dr Napthine has a very short tenure remaining as premier. From what I have observed, this is not such a bad thing for the state

1.Companies don't put funds in bad investments just because the rest of their business is successful. If the SPCA investment is a bad one then CC wouldn't do it , full stop. The level of their profit won't change that.
2. My understanding is that the money for SPCA from the Govt was to subsidise a redevelopment of a factory. I assume the idea is that the business is profitable , it will just cost CCA less do it.

 

[Coburgtiger]

"Right wingers are less intelligent than left wingers."
http://www.dailymail.co.uk/sciencetech/article-2095549/Right-wingers-intelligent-left-wingers-says-controversial-study--conservative-politics-lead-people-racist.html

 

[Rosy]

The $22 million from taxpayers will be part of a $100 million upgrade of the Shepparton plant.

SPC will contribute $78 million to complete a $100 million co-investment between the government and the company.

“The Victorian Coalition Government has reached an agreement with SPC Ardmona on a co-investment, a partnership,” he (Napthine) said.

“This co-investment will deliver a bright investment for SPC Ardmona.

“With this support SPC Ardmona will transform its operations, modernise food processing and increase its global and domestic product range.”

Link

 

[MB78]

http://www.theage.com.au/comment/how-craig-thomson-came-undone-20140218-32xzv.html

Glad to see that justice has been served. I hope he gets jail time for what he has done.




http://www.abc.net.au/news/2014-02-18/craig-thomson-verdict/5266468

HSU national secretary and whistleblower Kathy Jackson, who has described the union as "being like a cult", says today's findings are a small part of a broader investigation into the way the HSU is run.

"Definitely far from the end of it. What happened with Thomson is ho hum. Stuff like that happens in large organisations," she said.

"My concern is that the political corruption within the union still exists and we need to address that."

HSU national assistant secretary Chris Brown has told NewsRadio he is happy with the outcome.

"We've been through hell and back as an organisation and we never doubted from the very beginning that Mr Thomson had in fact stolen from the union and defrauded the union," he said.

"The decision that was handed down today confirms that and allows us to look at moving on."



I think the above proves why Unions are being investigated. As a union member I welcome this.