Monopoly Profits
Michael Ellis does a useful comparison. He mentions how one reason many support the recent regulatory changes with Telecom is its very high level of profitability with a 16% profit on its income. That is $916m profit off $5.6b turnover.
He then looks at the Government’s performance last year. Its $8.5b surplus off $44.4b revenue is a 19% profitability figure. So perhaps we need to break up the Government monopoly also 
No TweetBacks yet. (Be the first to Tweet this post)
No tag for this post.
May 19th, 2006 at 9:53 pm
Technically that would be called either revolution or regime change.
May 19th, 2006 at 10:19 pm
Definitely right! The government’s monopoly in health needs to be the first thing broken up.
May 19th, 2006 at 10:47 pm
DPF, your baiting the lefties again aren’t you. In the last posts they have all argued that the Govt has been a prudent manager of our tax payer dollars. Now you show them how Govt is more profitable than the big nasty profit taking business they all love to hate. You’r just being a trouble maker.
May 19th, 2006 at 11:40 pm
I believe sedition is making a come back in the courts these days.
May 20th, 2006 at 12:51 am
Jeremy, your winging is becoming a broken record for the righties.
Whats stopping you having private surgery, the specialists are the same, the facilities are in the main better, in some cases the public sector will pay for your treatment, you could always get health insurance (unless your getting to old ) at a reasonable rate.
You bleat on about how good the private sector is (and it is) but rememer, they only want the cream and if something goes wrong, guess where you will end up’ the public secto.
Private is good for selected reasons, but they take the cream and guess where the milk goes! public health.
May 20th, 2006 at 9:21 am
JohnD….how about leaving peoples money with them and removing the red tape from the market so we can actually have true private health care free from the control freak socialist you are so in love with….? The state has a coercive monopoly (as only the State can have)in healtcare in NZ.Everyones forced to subsidise the bloated “die while you wait” monster while in the meantime people suffer.What a caring chap you must be…
May 20th, 2006 at 10:37 am
JohnD, have you completely lost it?
You post that the private sector only want the cream, in a thread that shows how the Govt are creaming the economy more than a significant cream taking private company. Hello….. anyone home…..
May 20th, 2006 at 1:06 pm
Bruce Shepherd reflects on the efficiency of the Socialists in his Dom Column today. $200 million was allocated to an assistance to industry budget. It required a staff of 200 to assess applications for up to $50,000 each. In the first two years less than a hundred applications were approved.This took up half the budget in costs. As well the applicants spent up to a third of the money received engaging consultants to prepare their applications..Still there was a beneficial effect in reducing the un-employment stats.
May 20th, 2006 at 3:58 pm
16% doesn’t seem like an extraordinary profit to me. But even if they lost money, they are still a shocking monopoly.
As for the government, they definitely are a monopoly, no doubt about that. There’s only 1 government, like it, lump it, or leave. However, every three years the voters get a chance to bust it up and put it under new management.
September 29th, 2006 at 2:00 am
hello, site is cool.
November 23rd, 2006 at 4:01 am
Every man has a fool in his sleeve… Cecily
November 23rd, 2006 at 4:01 am
Every man has a fool in his sleeve… Cecily
November 30th, 2006 at 10:44 pm
Two heads are better than one… Tabitha