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Old 18th Dec 2004, 14:36
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AirNoServicesAustralia
 
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That is the problem Uncommon Sense, ASA is not a not for profit organisation. It makes big profits, and those profits are paid as a dividend to it's shareholders, which at this present time, is the one and only Federal Government. The idea of this is that at the time when it is politically acceptable to privatise the organisation, they can turn and say to potential buyers "look we have paid X dividend for the last 10 years so we would like X billion dollars for the company". If they are going to privatise and make it a profit driven company, like similair organisation are already the world over, then get on and do it, so it can be run properly as a business. If not, then go back to the way it used to be, and concentrate on providing service for service and safety sake, not for the motivation of increasing the bottom line of the company balance sheet. In other words, become a real company, or go back to being a real Government department, you can't be both.
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