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Privatisation Of Telstra
Beginning of Essay
What are the advantages of privatising Telstra and how does this impact it's ethical conduct while striving to satisfy community expectations?
I believe that putting important public assets into select private hands is not in Australia's long-term interests, and o .... Middle of Essay .... then the Minister should invoke his power to direct, and these changes should be made distinct from any attempts to sell Telstra.
Statistics also show that the sale of the first third netted a total of $0.37 billion loss to the Commonwealth. By the year 2000, it is estimated that Telstra earnings will exceed $2 billion annually. The Howard Government estimats an interest saving of about $2.4 billion per year. This doesn't take into account the income that will be lost to the government every year in revenue earnings from Telstra. By 2007, the sale of Telstra is expected to create a budget black hole of $4 billion.
The government cites that ....
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Words: 1618 - Pages: 6
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