Labor kept quiet about another $1.4 billion NBN blowout

nero_bolt
Community Member

Labor LIES

 

Labor knew its NBN plans were blowing out - again - by up to $1.4 billion but kept the news secret:


A CABINET briefing document obtained by The Weekend Australian confirms the Rudd government was aware of significant risks to the National Broadband Network rollout and that delays would strip $1.4 billion in revenues throughout the election campaign.

The summary of a cabinet submission by then communications minister Anthony Albanese for the meeting scheduled for July 22 ... [said:] “Given existing delays and the emerging industrial issues, we consider the rollout forecasts are questionable...”

Mr Albanese was pressed during the election campaign on his knowledge of this corporate plan, notably in a debate on ABC’s Lateline program on August 12…

Lateline host Emma Alberici...(:) “Have you got a date for receiving it?”

“We have not received—well, that’s up to the board, but we have not received the final business plan,” said Mr Albanese.

What a disaster. The politicians responsible should be hounded out of office. Yet one is now Labor’s defence spokesman

 

 

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Re: Labor kept quiet about another $1.4 billion NBN blowout

the most recent production i saw changed my impression of gillian anderson (?)  it was one of the better adaptations of dickens i remember. Smiley Happy

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Re: Labor kept quiet about another $1.4 billion NBN blowout


LL: "he does of course defend turnbull" Actually LL I defend the law and legal free speech. Your outrageous defamatory  comment apropos Turnbull has no place in a debate, especially if you bothered to research the law, and the case.

Judge Patricia Bergin formally froze the proceedings -- known as the FAI Takeover Loss Claim filed in 2004 against nine defendants by HIH liquidator Tony McGrath -- following a submission yesterday from Mr McGrath's lawyers indicating the case was close to a settlement. 2010.

2010
HIH Liquidator Tony McGrath has finally settled his $450 million claim against FAI Insurance's financial advisers and reinsurers, originally lodged in 2004

If you took the time to consider Mc Graths actions as liquidator you would realise that he was casting  his liquidator's net
as far as possible in what was a civil claim for compensation.


Mr Turnbull is named because the McGrath suit alleges that Goldman Sachs Australia, of which he was chairman at the time, concealed from the directors of FAI that Goldman had worked on the possibility of putting its own money into FAI.

However, The claims against Goldman Sachs relate to a private commission carried out for FAI's chief executive, Rodney Adler, dubbed Project Firelight. The investment bank spent nine months considering investing in a joint venture with Mr Adler to privatise FAI. Three weeks after Goldman Sachs decided not to proceed, HIH launched its bid and the FAI board retained Goldman Sachs to advise it.

LL:  "no adverse findings ' = no definitive proof" most reasonable people would accept that LL, however this is definitive:

"Commissioner Neville Owen cleared him of having of any part in the collapse"

Do you actually think that if there was the slightest hint of some civil malfeasance by Turnbull  the ALP apparatchiks would  not be shouting it from the protection of "privilege"?

Research Australian tort law apropos defamation.

nɥºɾ

 

Message 22 of 43
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Re: Labor kept quiet about another $1.4 billion NBN blowout

the partisan hue of your outrage is showing again, like you i have no real idea as to his guilt or innocence. just the finding of owen.

if i choose to be cynical its my right. as it is yours. what about the AWU 'matter ' ? why have you reserved comment again ?

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Re: Labor kept quiet about another $1.4 billion NBN blowout

LL: "the partisan hue of your outrage is showing again, like you i have no real idea as to his guilt or innocence. just the finding of owen."

My outrage is at your unwarranted and unsubstantiated defamation of Turnbull when you posted: "i knew he was a crooked ex-banker, i read the HIH inquiry report. did you ?"

You then have the temerity to write "like you i have no real idea as to his guilt or innocence. just the finding of owen."
Allow me to correct you:  I do believe in his "innocence" (it was a civil tort action for damages),  and if you have no idea as to his "guilt"  (it was a claim for damages only) why libel him on this board, and then state that you have no real idea "just the finding of owen" which in fact were

"Commissioner Neville Owen cleared him of having of any part in the collapse"

There is nothing partisan in condemning what I consider is prima facie, defamation. I would do the same with NW or any other member here, and have done so with statements posted that are without foundation.

Mark Westfield*, ninemsn Money May 23, 2008 wote:
"The royal commission report into the HIH collapse had found no wrong-doing on his part"
"No doubt his Labor opponents will make the most of his difficult position in the coming months, but the facts do not support the claims made against him."

Westfield was being somewhat prophetic in 2008!

 

Myopic Tongues2 Small.jpg

Message 24 of 43
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Re: Labor kept quiet about another $1.4 billion NBN blowout

No matter what evidence you post on here to repudiate the libelous lies spread by some it will not make a difference.

When one is so blinded by the most one eyed partisan, violently left wing tenets it's all a waste of time.

 

The marketplace of outrage & hate that is directed to anything Conservative, aided wilfully but the ABC at every opportunity & the yellow press just gives them the nebulous support they need.

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Re: Labor kept quiet about another $1.4 billion NBN blowout


@monman12 wrote:

LL: "the partisan hue of your outrage is showing again, like you i have no real idea as to his guilt or innocence. just the finding of owen."

My outrage is at your unwarranted and unsubstantiated defamation of Turnbull when you posted: "i knew he was a crooked ex-banker, i read the HIH inquiry report. did you ?"

You then have the temerity to write "like you i have no real idea as to his guilt or innocence. just the finding of owen."
Allow me to correct you:  I do believe in his "innocence" (it was a civil tort action for damages),  and if you have no idea as to his "guilt"  (it was a claim for damages only) why libel him on this board, and then state that you have no real idea "just the finding of owen" which in fact were

"Commissioner Neville Owen cleared him of having of any part in the collapse"

There is nothing partisan in condemning what I consider is prima facie, defamation. I would do the same with NW or any other member here, and have done so with statements posted that are without foundation.

Mark Westfield*, ninemsn Money May 23, 2008 wote:
"The royal commission report into the HIH collapse had found no wrong-doing on his part"
"No doubt his Labor opponents will make the most of his difficult position in the coming months, but the facts do not support the claims made against him."

Westfield was being somewhat prophetic in 2008!

 

Myopic Tongues2 Small.jpg


 hilarious outrage.  i guess i'll be hearing from turnbulls lawyers then Smiley LOL

' Pm Gillard embroiled in AWU affair'  silence from you on that one . why was that ? silence on the current PM's unprecedented rorting of the public purse too .. no comment from you ? Smiley LOL hockeys undeclared interests not appearing on the pecuniary register 'oh i forgot' says shrek.  come back and berate me when you have a leg to stand on.

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Re: Labor kept quiet about another $1.4 billion NBN blowout

Agriculture Minister Barnaby Joyce has defended claiming travel expenses for attending rugby league clashes, including the State of Origin and grand final in Sydney last year.

Mr Joyce billed taxpayers more than $4,000 for what he declared as "official business" to attend the league clashes.

A spokeswoman for Mr Joyce says he was invited to the events as an official guest and because he was a shadow minister at the time.

 

Mr Joyce has already defended his use of taxpayer funds to attend the wedding of radio presenter Michael Smith in 2011.

He also defended his use of entitlements to travel to the wedding of the granddaughter of mining magnate Gina Rinehart's business partner in India in 2011. http://www.abc.net.au/news/2013-11-06/barnaby-joyce-defends-claiming-travel-expenses-for-attending-s...Smiley LOL

 

both of you are delusional.

Message 27 of 43
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Re: Labor kept quiet about another $1.4 billion NBN blowout

The revenues were reduced because of the delays caused by the asbestos issues that Telstra accepted responsibility for. Not because of some sinsiter plot to deceive and rip off the people.

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

 

This is the failing of the people planing  and carrying out the job assisted by political pressure to create the impression of high speed efficency.This information was/is openly accessable for anyone with the brains to do so.This is one of the things inteligent people do when planing any type of job.The scale of the job is not of importance if the detail is correct.

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Re: Labor kept quiet about another $1.4 billion NBN blowout

I thought that's what evidence was for.To repudiate.
Message 29 of 43
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Re: Labor kept quiet about another $1.4 billion NBN blowout

LL: "Pm Gillard embroiled in AWU affair'  silence from you on that one . why was that ? silence on the current PM's unprecedented rorting of the public purse too .. no comment from you ?  hockeys undeclared interests not appearing on the pecuniary register 'oh i forgot' says shrek.  come back and berate me when you have a leg to stand on."

A range of irrelevant topics introduced as a smokescreen LL does not address the fact there is a vast difference in posting a "noisy" defamatory statement and  myself being "silent" about anything you regard as political capital.

LL, you have posted: ".....i have no real idea as to his guilt or innocence. just the finding of owen." I would consider that Justice Neville Owen, a judge in the Supreme Court of Western Australia and the former Commissioner of the Royal Commission into HIH would have had an idea!

"The royal commissioner, Neville Owen, agreed.Cleared both Turnbull and Goldman Sachs of any wrongdoing in his 2003 findings and said that the closing submissions of counsel assisting regarding the matter were based on a "misconception".

I will be generous and say the same of you LL, but in doing so suggest you research tort law/defamation.

"Turnbull, always quick to take offence, launched a defamation action against Labor leader Mark Latham for suggesting that Turnbull's role in the HIH saga made him unfit to hold office. Latham later publicly apologised and the matter was settled after Latham paid Turnbull's legal costs in the matter."

In some situations "silence" is golden!

Myopic Tongues2 Small.jpg

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