Can any one answer this question.....Telstra owns 49% and we (The Govt own 51% What is happening too the 51% What is it doing.....Telstra are treating us like pheasants...
brickies said
01:34 PM Mar 14, 2011
Jimbo I think your numbers are wrong on the ownership of telstra in November 2010 the further fund had 10 % of telstra shares
jimbo said
01:54 PM Mar 14, 2011
Telstra was privatised in three different stages informally known as T1 ($3.30), T2 ($7.40) and T3 ($3.60) in 1997, 1999 and 2006 respectively.[6][7] In T1, the government sold one third of its shares in Telstra for A$14 billion and publicly listed the company on the Australian Stock Exchange.[6] In 1999, a further 16% of Telstra shares were sold to the public, leaving the Australian government with 51% ownership. In 2006, T3 was announced by the government and was the largest of the three public releases, reducing the Government's ownership of Telstra to 17%.[8] The 17% remainder of Telstra was placed in Australia's Future Fund, which will provide superannuation and pensions for Australia's public servants.[9] In 2009 the Future Fund sold off another $2.4B worth of shares reducing the government's stake in Telstra to 10.9%.[10]
Ps I stand too be corrected
Onedodger said
04:47 PM Mar 14, 2011
Jimbo
Welcome to the financial fodder brigade.
Nicholstones said
06:53 PM Mar 14, 2011
So exactly what point are you trying to make here Jimbo??
jimbo said
08:00 PM Mar 14, 2011
Simply wanted to know why Telstra is so on the nose for so many people...I did'nt realize that our Govt had sold out...Hence weaking our Bargaining power.......Optus is no challange too this mob.....Telstra treats us like a throw away Choo Choo Bar
Wombat 280 said
10:42 PM Mar 14, 2011
We the taxpayers always get left with the bit that cost money to maintain the bits that make a profit are swiftly sold off to vested interests . The power net work is exactly the same we own the maintenance intensive copper and the generators have been sold to vested interests
By the time this latest NBB is rolled out it will be about a fast as dial up is now . How they will get you take up the NBB is they will fail to maintain the board band we have now so we will get fed up with it and change over , they did it with dial up to get you hooked on the current broadband You will take it up or else, we have ways of making you do as your told.
blaze said
10:57 PM Mar 14, 2011
We took up the NBN at home in tassie, download was 20 times quicker than the best telstra could do, the download was 3 times as much and all that was $10 a month cheaper.
cheers
blaze
ps
and telstra wanted to know why we discontinued our service
jimbo said
09:05 AM Mar 15, 2011
I am just trying to work out who is to blame that many of our new housing estates, two that I know about personally, cannot get a landline. One of these areas namely Hoppers Crossing/Werribee/Tarneit is in Julia Gillards electorate. The fact is five years ago she came to a public meeting in Werribee about this very matter, big promises but nothing happened. Businesses and private homes in this area are only offered wireless which drops out up 15, 16 times a day.
Wombat 280 said
05:39 PM Mar 15, 2011
Your right some would just like a phone and dial up. When you analysis the user groups most use the boardband for emailing friends to avoid voice contact or download entertainment. When you intend to sit on your bum for 4 hours watching a movie it hardly rates as important in the scheme of life if it take 5 minutes on the current system or 3 minutes on the NBB to download it , maybe better off in the long-term buying the kids a football.
As for ordering items over the net one needs to remember there is a cut off point to get it packed and shipped for next day delivery regardless of how fast your order is sent through to the supplier, even if in the same state.
For Medical and Financial needs there is a justification a faster service but that should be restricted to those who need the speed not the general public who are by and large just clogging up the system anyway with trivia.
Cruising Granny said
09:40 PM Mar 15, 2011
Privatisation has wrecked this country!
The government went from providing utility services to its people, to capitalising on commercialism.
Then we the people have to pay the price.
For everyone who puts in solar or other power supplying technology and saves money on powering their home, costs their inactive neighbour much more to keep up the profit margin of the private companies which now control the power supplies.
Tollways are another great example. Tolls were introduced to pay for the road, bridge etc., as the Sydney Harbour Bridge.
Now every major expressway or highway in the cities has tollways on them, except Adelaide, Darwin and Perth.
The private company which runs the tollways gets the money. Do they lease the infrastructure for which they charge a toll, from the government?
I doubt it.
What percentage of the tolls charged goes back to the government for the management of the infrastructure?
Meanwhile the company shareholders and executives reap huge, indecent profits.
Does the taxpayer, road user, consumer get anything out of it? Yes.
Bigger bills and less service.
Did the government make the decision with the best interest of the people and the country a priority?
I doubt it.
When will the governments start making long-term decisions with the long-term interest of the people and the country as the priority?
Cruising Granny said
09:41 PM Mar 15, 2011
jimbo wrote:
Can any one answer this question.....Telstra owns 49% and we (The Govt own 51% What is happening too the 51% What is it doing.....Telstra are treating us like pheasants...
Do you mean peasants or pheasants, the bird?
Just checking.
jimbo said
07:04 AM Mar 16, 2011
Don't know what I mean anymore Granny...LOL
Gerty Dancer said
09:45 AM Mar 16, 2011
If only we could get National coverage with any other carrier, thats where we'd take our business.
Telstra was privatised in three different stages informally known as T1 ($3.30), T2 ($7.40) and T3 ($3.60) in 1997, 1999 and 2006 respectively.[6][7] In T1, the government sold one third of its shares in Telstra for A$14 billion and publicly listed the company on the Australian Stock Exchange.[6] In 1999, a further 16% of Telstra shares were sold to the public, leaving the Australian government with 51% ownership. In 2006, T3 was announced by the government and was the largest of the three public releases, reducing the Government's ownership of Telstra to 17%.[8] The 17% remainder of Telstra was placed in Australia's Future Fund, which will provide superannuation and pensions for Australia's public servants.[9] In 2009 the Future Fund sold off another $2.4B worth of shares reducing the government's stake in Telstra to 10.9%.[10]
Ps I stand too be corrected
By the time this latest NBB is rolled out it will be about a fast as dial up is now . How they will get you take up the NBB is they will fail to maintain the board band we have now so we will get fed up with it and change over , they did it with dial up to get you hooked on the current broadband You will take it up or else, we have ways of making you do as your told.
I am just trying to work out who is to blame that many of our new housing estates, two that I know about personally, cannot get a landline. One of these areas namely Hoppers Crossing/Werribee/Tarneit is in Julia Gillards electorate. The fact is five years ago she came to a public meeting in Werribee about this very matter, big promises but nothing happened. Businesses and private homes in this area are only offered wireless which drops out up 15, 16 times a day.
Do you mean peasants or pheasants, the bird? Just checking.