Telstra cuts

[twinkles**stars]

1100 employees to lose their jobs 😞

[izabsmiling]

Crikey, I agree with you ..It is important to put it into perspective  ...where are the rants,vents,deniers you post about ? 

[izabsmiling]

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@twinkles**stars wrote:

1100 employees to lose their jobs 😞

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 I'd like to make the nuts and bolts of this thread about universities and history  ...could I do that ?

[debra9275]

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@crikey*mate wrote:

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Of course we want businesses to profit but not to the detriment of the general Australian economy

eg. jobs for uni graduates

      jobs for Australians in general

     keeping money in the Ausralian economy

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Australia, being a society driven by Capitalism, is still operated under a system of meritocracy. 

We haven't completely sold out to the socialists, yet.

Lets say we do restrict our uni places and jobs for Australians (regardless of their qualifications), how does this affect the international employment opportunities for Australians? How does this encourage foreign investment and foreign trade?

It's not the 1920's anymore, Australia is part of the global community. We have to play nicely with others, or they won't want to play with us. Australia simply do not have the resources to be self sufficient (I don't think that any country does), so that means we have to make compromises and negotiations with other countries in order to facilitate International relations.

So I ask again, (though as no answer has yet been forthcoming from the deniers, I can only assume they don't have one. 

If this is so bad on a big picture scale, then why hasn't anyone done anything to fix/stop it?

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for goodness, sake, who said anything about restricting places for paying OS students, and BTW we DO have plenty of resources. here. .Private companies can sack people here, and employ cheap overseas labour is what I was talking about.

I'm logging out again because I'm going out now, & I have better things to do than this. If I don't respond  immediately again it's not because I am a denier with no answers , it's becuase I'm out having a good time   

[the_hawk*]

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@crikey*mate wrote:

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@the_hawk* wrote:

The biggest issue is they have sold income producing assetts for a quick $$ then blown the money,.

There is no point complaining about how a private company operates, it should never have ben sold. 

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Maybe not. 

Why did they sell?

Who blew the money?

Why doesn't anyone fix it and buy back the shares or introduce legislation to control how they operate?

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Why did they sell?  A = for a fast easy $$ to hide their incompetence and mismanagement

Who blew the money? A= the government of the day
by adding it to general revenue and then going on a spending spree

Why doesn't anyone fix it and buy back the shares or introduce legislation to control how they operate? A= you would need a PM with four sight and a long term vision, All our PMs only look at the short term future while they hold the reins, never whats best in the long term future because they know they wont be around so they just dont care, they get in and do what they have to to get reelected and that about it.  

[*crikey*mate*]

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@debra9275 wrote:

---

@crikey*mate wrote:

---

Of course we want businesses to profit but not to the detriment of the general Australian economy

eg. jobs for uni graduates

      jobs for Australians in general

     keeping money in the Ausralian economy

---

---

Australia, being a society driven by Capitalism, is still operated under a system of meritocracy. 

We haven't completely sold out to the socialists, yet.

Lets say we do restrict our uni places and jobs for Australians (regardless of their qualifications), how does this affect the international employment opportunities for Australians? How does this encourage foreign investment and foreign trade?

It's not the 1920's anymore, Australia is part of the global community. We have to play nicely with others, or they won't want to play with us. Australia simply do not have the resources to be self sufficient (I don't think that any country does), so that means we have to make compromises and negotiations with other countries in order to facilitate International relations.

So I ask again, (though as no answer has yet been forthcoming from the deniers, I can only assume they don't have one. 

If this is so bad on a big picture scale, then why hasn't anyone done anything to fix/stop it?

---

for goodness, sake, who said anything about restricting places for paying OS students, and BTW we DO have plenty of resources. here. .Private companies can sack people here, and employ cheap overseas labour is what I was talking about.

I'm logging out again because I'm going out now, & I have better things to do than this. If I don't respond  immediately again it's not because I am a denier with no answers , it's becuase I'm out having a good time   

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I hope that if you are going by car it is one from an Australian Manufacturer - we do have to do all we can to keep jobs in Australia,after all. I hope that the petrol to run that car was also produced in Australia, Plus, where do the clothes come from that you will be wearing out? From where did the raw materials originate? Where were they sewn? The shoes? The material for the shoes, where is that from? etc etc etc

I think it was Martini. (apologioes iof it wasn't)

It was martini that introduced the actions of previous governments (who was it she blamed) and also some decision to do with Pyne.

We may heve plenty of resources, but we don't have enough to be self sustainable or to meet the wants of the population. 

Meeting Wants comes at a price.

Oh BTW - geez, it's a bad thing that's happening. It is really sad that those people have lost their jobs and there will be some hard times ahead for them. Hopefully not too many or for too long.

[*crikey*mate*]

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@the_hawk* wrote:

---

@crikey*mate wrote:

---

@the_hawk* wrote:

The biggest issue is they have sold income producing assetts for a quick $$ then blown the money,.

There is no point complaining about how a private company operates, it should never have ben sold. 

---

Maybe not. 

Why did they sell?

Who blew the money?

Why doesn't anyone fix it and buy back the shares or introduce legislation to control how they operate?

---

Why did they sell?  A = for a fast easy $$ to hide their incompetence and mismanagement

Who blew the money? A= the government of the day
by adding it to general revenue and then going on a spending spree

Why doesn't anyone fix it and buy back the shares or introduce legislation to control how they operate? A= you would need a PM with four sight and a long term vision, All our PMs only look at the short term future while they hold the reins, never whats best in the long term future because they know they wont be around so they just dont care, they get in and do what they have to to get reelected and that about it.  

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I agree with most of that - the only thing I don't agree with is the generalization about the long term planning. I raise the issue of the current education reforms, the effects of which will not start to be realized until 2018. 

[just_me_karen]

Previous governments have nothing to do with the topic. How is it even vaguely relevant to telstra's billions of dollars of profit this year and their decision to slash their local workforce? Spurious argument, IMO.

[izabsmiling]

the thing is that those workers were already meeting our needs weren't they Crikey ?

if their jobs go to overseas workers it is not due to our inability to meet our needs is it.....it is all about Company profit 

[just_me_karen]

Education reforms, privatisation and international students also have nothing to do with this topic. Maybe you could start a new one if you have concerns about these issues.

Anyone who thinks telstra would be making massive profits like this if they were still a govt entity has a memory issues. That was one reason they were privatised.

[izabsmiling]

Thankyou and bfn nprizeman