He has to be seen to be doing something and I think removing the GST on fuel excise, which is a tax on a tax, is a tangible way to show the Government cares.
—David Cumming
We are supportive of Vodafone, but on the information currently available, we are skeptical as to whether the deal at the prices talked about will generate an acceptable financial return,
We did find out that $1.30 is the level where motorists cease paying and start complaining.
The market has lost confidence in the group’s ability to deliver value by pursuing their current global strategy.
What happened in Melbourne this week was pretty unacceptable and they’re obviously softening us up for an even higher price next week.
Another inquiry isn’t going to do anything.
The current share price is 8.50 and the bid is 8.10 … so I think the chances of that bid happening is probably less than 50/50 anyway despite regulatory or political interference.
Unless the service stations decide to cut their margins in order to continue selling fuel, over $1.40 will shock a lot of people into changing the way they use their car.
Clearly the GST windfall is going to be considerable and I think the Prime Minister’s option of doing nothing no longer exists,
The marketing and refining margins were pretty dismal. The production growth number certainly means there is a lot of catch-up needed in the second half…
The route between the Isle of Man and Southampton is a key business link for many finance companies, and we are pleased to offer this service to our passengers.
The mid-cap area of the market has been pretty strong so I think you might see a change of emphasis away from mid-cap to large-cap in 2006. I think the market should make progress somewhere...
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