New SANFL Commission Chairman and President appointed

[Psyber]

I knew John Olsen fairly well in the days when he was Premier.
He was reluctant to do some of the things he had to do in the end, but SA, like Victoria, was in a deep hole dug by the previous ALP government.
With Paul Keating's encouragement they had kept spending and run up big debts, trusting in his promises about the "J-curve".
Both states had not only the state bank debts, but also had spent most of the state superannuation funds and had huge unfunded liabilities there as well.
The sell-offs in both states were not so much about the cash for the assets to bail out the banks, as about offloading the superannuation liability.

When the Liberals then came to power federally, there had been stories they were going to cut state funding by 10%.
At a party meeting Alexander Downer joked, "That's ridiculous - only 10%!"
I suggested it might be an acceptable option to take the reported 10% cut if the federal government took over the state debt and thus reduced the need for sell-offs.
John grinned at Alexander and said he'd be prepared to negotiate that.
Of course we knew it wouldn't happen because if the feds bailed one former ALP run state out they would have to do so for them all.
[And no one knew how much it would add up to at the time as so much had been hidden carefully.]

[Sojourner]

Would be very interesting to see what John Olson would have done in Government if they didnt inherit a virtually bankrupt state after the State Bank Collapse and the massive amount of funding put into the Myer Centre - hence why ETSA was sold off in the first place, people will no doubt critizise him for the decisions he made, yet irrespective of who was in power, someone had to make some decisons to stop debt which was still climbing simply on interest repayments alone irrespective of the principal!

[Barto]

Did he knife the incumbent to get the job?

[mick]

Yeah that bastaard cleaned up the mess Bannon left, it's a fucn outrage

[Apachebulldog]

Get him out, how long before he sells the SANFL between Mr Olsen and Mr Bannon they sure did a great job running SA i have no time for these two i would not mind meeting them on a dark night down an alley somewhere in Adelaide !!

[DOC]

Get him out, how long before he sells the SANFL between Mr Olsen and Mr Bannon they sure did a great job running SA i have no time for these two i would not mind meeting them on a dark night down an alley somewhere in Adelaide !!

I'm not sure that either of them are gay. Each to their own.