Jimmy_041 wrote:As of yesterday, Gupta is playing hardball with the State Govt
Pretty effing stupid to go public with the "too big for us to let it fail" line Some very high up government financial people are fuming with his lordship Showed a complete lack of real life experience
There's a lot to be said for the US system where they bring in RL people to be Ministers
Good in theory but when the practical throws up RFK jnr (nutter) or Musk (what's in it for me) anywhere a decision making capacity regarding our health system or industry
As much as I hate to admit it I think a failed taxi driver is a better option than those two!
Let that be a lesson to you Port, no one beats the Bays five times in a row in a GF and gets away with it!!!
Jimmy_041 wrote:As of yesterday, Gupta is playing hardball with the State Govt
Pretty effing stupid to go public with the "too big for us to let it fail" line Some very high up government financial people are fuming with his lordship Showed a complete lack of real life experience
There's a lot to be said for the US system where they bring in RL people to be Ministers
Good in theory but when the practical throws up RFK jnr (nutter) or Musk (what's in it for me) anywhere a decision making capacity regarding our health system or industry
As much as I hate to admit it I think a failed taxi driver is a better option than those two!
I could throw a million politicians with similar or worse traits at you
Jimmy_041 wrote:As of yesterday, Gupta is playing hardball with the State Govt
Pretty effing stupid to go public with the "too big for us to let it fail" line Some very high up government financial people are fuming with his lordship Showed a complete lack of real life experience
There's a lot to be said for the US system where they bring in RL people to be Ministers
Good in theory but when the practical throws up RFK jnr (nutter) or Musk (what's in it for me) anywhere a decision making capacity regarding our health system or industry
As much as I hate to admit it I think a failed taxi driver is a better option than those two!
I could throw a million politicians with similar or worse traits at you
Lucky there's no Jo Haylens in the SA political system....
Let that be a lesson to you Port, no one beats the Bays five times in a row in a GF and gets away with it!!!
Jimmy_041 wrote:SAHMRI is still smouldering away in the government's pocket like burning aluminium................
Amazes me they are advertising when technically insolvent
I assume you’re referring to the Australian Bragg Centre for Proton Therapy and Research?
That’s a critically important facility for cancer research and treatment, and unfortunately the expected cost blowout and delays for the provision of the proton therapy equipment is a shambles.
Regardless, the State government should press ahead to complete the facility … the treatment offered by proton therapy is too important.
Jimmy_041 wrote:SAHMRI is still smouldering away in the government's pocket like burning aluminium................
Amazes me they are advertising when technically insolvent
I assume you’re referring to the Australian Bragg Centre for Proton Therapy and Research?
That’s a critically important facility for cancer research and treatment, and unfortunately the expected cost blowout and delays for the provision of the proton therapy equipment is a shambles.
Regardless, the State government should press ahead to complete the facility … the treatment offered by proton therapy is too important.
What's the rumour about the Russians being involved is causing a problem?
The State Government should step in to stem the flow on effect from GFG wreaking havoc to Whyalla. They should pay the mounting GFG debt to only small creditors immediately, and then pursue GFG for the funds. This is where the most pain is being felt.
Unfortunately, this is most likely Gupta’s plan as his companies seemingly fail to pay anyone, so he’s hoping for a govt bailout.
Its unlikely that it’s ultimately worth trying to salvage the steelworks, but GFG will unlikely be held accountable and can easily fold and leave the debt for others to pay.
I hope that the State a govt has a ceiling on what its exposure is, and while extremely sympathetic to Whyalla, we can’t keep pouring good money after bad propping up a basket case business, despite the massive negative flow on effect for the region.
It was mentioned on 5AA this morning that the government was willing to inject funds to pay off some creditors but the people of Whyalla declined the offer.
July 11th 2012....
Brodlach wrote:Rory Laird might end up the best IMO, he is an absolute jet. He has been in great form at the Bloods
2024 Melbourne Cup Punting Challenge winner knocking off the Pirate King!
Brodlach wrote:It was mentioned on 5AA this morning that the government was willing to inject funds to pay off some creditors but the people of Whyalla declined the offer.