Re: WCR the debate continues.
David Bromage (dbromage@metz.une.edu.au)
24 May 1997 03:16:32 GMT
ewan@nospam@ventnds3.telecom.com.au wrote:
>Good to see you're still up to your old tricks in debating! You can't
>just simply compare figures which are not directly comparable.
>
>$5M / 12 * 41 does equal $17M (or close enough), but you have ignored
>the inflation and subsidies.
>
>Comparing $17M with $20.3M is nonsense. Instead you should be
>comparing ($17M + inflation) with ($20.3M - subsidies).
Assuming about 6% inflation, $17M from 3 years ago is now worth $20.2M.
The fee for service to WCR is $16.8M, which is less in real terms than
V/Line's cost 3 years ago even ignoring inflation!
Cheers
David