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| Thread ID: 114019 | 2010-11-15 04:43:00 | Reggo rort? | Cicero (40) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1152946 | 2010-11-15 17:31:00 | It's just that you go to register your car and they say, oh by the way we want you to subsidise all the ACC bludgers while you are at it...... you don't like? tough titty. |
Cicero (40) | ||
| 1152947 | 2010-11-15 17:44:00 | Don’t forget ACC lost $ millions on their venture into “Property Development”. :eek: Quite what ACC were doing getting involved in the speculative business of Property Development eludes me. The “Fashion Island Development” at Papamoa is an example where the rental required for the shops to become viable wasn’t achievable. Tuff, we’ll just up the ACC to cover our miscalculation and give ourselves a pay rise for our efforts. :rolleyes: |
B.M. (505) | ||
| 1152948 | 2010-11-15 17:55:00 | Don’t forget ACC lost $ millions on their venture into “Property Development”. :eek: Quite what ACC were doing getting involved in the speculative business of Property Development eludes me. The “Fashion Island Development” at Papamoa is an example where the rental required for the shops to become viable wasn’t achievable. Tuff, we’ll just up the ACC to cover our miscalculation and give ourselves a pay rise for our efforts. :rolleyes: Do you think smiling Hone Key will sort it out:mad:? |
Cicero (40) | ||
| 1152949 | 2010-11-15 19:04:00 | Don’t forget ACC lost $ millions on their venture into “Property Development”. :eek: Quite what ACC were doing getting involved in the speculative business of Property Development eludes me. The “Fashion Island Development” at Papamoa is an example where the rental required for the shops to become viable wasn’t achievable. Tuff, we’ll just up the ACC to cover our miscalculation and give ourselves a pay rise for our efforts. :rolleyes: That would be a big deal if that was where they'd invested all of their money. There will be many others with a dog or two in their investment portfolio. Pick the insurance company that you think would do better and see how well they invested :p |
PaulD (232) | ||
| 1152950 | 2010-11-15 21:24:00 | That would be a big deal if that was where they'd invested all of their money. There will be many others with a dog or two in their investment portfolio. Pick the insurance company that you think would do better and see how well they invested :p The difference is Insurance Company’s aren’t speculating with Government collected funds that are earmarked for a designated use. It’s very easy to speculate when there is no risk to yourself or any shareholders to answer to as is the case with ACC. :p |
B.M. (505) | ||
| 1152951 | 2010-11-15 21:27:00 | Try a diesel ute. $600 odd a year. Plus road user charges on top of that. | pctek (84) | ||
| 1152952 | 2010-11-15 21:29:00 | I think the ACC levy should be based on a user pay system. Maybe collected when you get a WOF, based on how many Ks you have done, and yes I'm aware that people would try too cheat the system. :) |
Trev (427) | ||
| 1152953 | 2010-11-15 21:49:00 | Try a diesel ute. $600 odd a year. Plus road user charges on top of that. How do they possibly justify that? Is the ACC component the same? |
Cicero (40) | ||
| 1152954 | 2010-11-15 22:03:00 | Don’t forget ACC lost $ millions on their venture into “Property Development”. :eek: Quite what ACC were doing getting involved in the speculative business of Property Development eludes me. The “Fashion Island Development” at Papamoa is an example where the rental required for the shops to become viable wasn’t achievable. Tuff, we’ll just up the ACC to cover our miscalculation and give ourselves a pay rise for our efforts. :rolleyes: And the Nelson Fashion Island as well as the new ACC building they built here simply because some one said they had to |
gary67 (56) | ||
| 1152955 | 2010-11-16 05:54:00 | Don’t forget ACC lost $ millions on their venture into “Property Development”. :eek: As far as I'm aware ACC investments have turned a profit of millions every year. The issue isn't bad investment or bludgers (and what the hell Physio are the biggest bludgers in the system) but the fact they changed their accounting system, Instead of looking towards the next financial year and saying right, we need 400 million, cool, thats allocated, lets carry on.... They projected out 25 years, called it a debt, put their hand up and said they were in a billion dollar hole. Who gets to pay? we do. The idea is that if all government funding was withdrawn then who they have enough funds to carry on with whats on their books, ask yourself why this would be important. (Hint, Its hard to sell a business with billions of dollars of costs, so you rort the taxpayer,load it with cash, and flick it to the chinese) |
Metla (12) | ||
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