Loyalty shares for investors could cost $1b

Email
Print

Mon, 23 Jul 2012 6:01p.m.

3 News Video On Demand
Rate:
0 ratings
The Govt's plan to give away free shares to investors could end up costing the taxpayer more than $1 billion in lost profit.

The Govt's plan to give away free shares to investors could end up costing the taxpayer more than $1 billion in lost profit.

Read the full story »

Post a Comment

Before commenting, please take the time to read our moderation guide


(Won't be published)



Comments

24/07/2012 9:18:45 a.m.

Brad wrote:

Not to worry Fred and Wiseacre, given the 10% of taxpayers who pay 76% of all tax collected will be the ones purchasing the shares in the first place, they will effectively be paying for their own bonus shares anyway.

24/07/2012 6:13:26 a.m.

Wiseacre wrote:

The poor are being forced to pay for handouts to the rich. Again.

23/07/2012 6:31:56 p.m.

Fred wrote:

Come to that - how about the the national party buy and pay a fair price for the company and then sell it on to whoever

23/07/2012 6:30:15 p.m.

Fred wrote:

The problem is that its not this or any other governments money - so the couldnt give a shit.