Ann: Trading Update-PRT.AX, page-25

First 25 Last

Share
Profile

Follow
Autosime

15,774 Posts.

268

14/11/16

17:54

Post #: 20608214
Share

Originally posted by Wing it ↑

'The Turnbull government has admitted the media reform package may be delayed until 2017 as it firmly rules out breaking up the legislation to pass the bill through the Senate despite being unable to overcome stubborn resistance from Labor.' - The Australian 14 Nov

The Communications Minister also made the comment - "We continue our discussions with the cross bench. I never seek to speak for individual cross benchers but the discussions have been good. There's no objection in principle to what we're doing and we will continue those discussions until we're in a position to put the bill to a successful vote."

Looking at the Senate sitting calendar, the Senate has a week off this week (lots of reading to catch up on I guess as well as a round or two of golf and a bit of negotiating) but will sit again next week. That will be the last sitting for 2016, so if the bill isn't voted on by then we will have to wait until they sit again which isn't until the 7th of February 2017.

Going by the Ministers comments, I'm guessing that the cross benchers are not against the bill but are dragging things out as they negotiate 'under the table' support for their own political agendas. Hopefully they will make a decision this year and not let it drag even longer than it already has.

Expand

Nice cross trades today - two lots of over 400k shares , always a good sign when it's happening share trends up

PRT Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 46, 2024

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 4 more messages in this thread...

First 25 Last

Add PRT (ASX) to my watchlist

Ann: Trading Update-PRT.AX, page-25

Top Stories

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Banshee's historic trenches prove rich in antimony and gold for GDM

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Cyclone signs MOU with Vale for development of Iron Bear play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing