Fugazied, "Labor will write down the value of NBNCO" ? Mate, your faith in what the ALP's Michelle Rowland says they "more than likely" will do is admirable.
She also says ...
"A writedown needs a trigger and it is not a decision for governments to make, but the possibility of that happening looks more likely," she told the Financial Review."
wow, that tells us a lot ... mainly about Ms Rowland's grasp of the issues.
She also "reiterated Labor's intention to provide access to more reliable fibre in the network and blamed the current mix of technologies for not providing enough value to Australian consumers. "
(Does that mean under the ALP there will be more and better wholemeal bread fed into networks?)
Franking Credits, page-18
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