While economist eulogize about the invisible hand of the market, sharemarket punters may need to be wary about sleight-of-hand, and remuneration packages that are clearly excessive. It's pretty ridiculous to whinge that they're being asked to pay double a reasonable rent. This is a thoroughly misleading carelessness with the truth: But you can't grow hedges in the sky, and can't erect a barrier to noise coming from anywhere above your home. Abide by the Financial Management and Accountability Regulations and offer the market alternative options in the sale process.
It's good news that the new owner of Bankstown is not required to develop it as an overflow airport. We can't even fund essential like hospitals, so why are we putting money into airports? Was this pile of dirt being made to allow property developments within the airport perimeter? Strike Force Eugene detectives also executed a search warrant at a home in Hammondville, where they seized items relevant to the investigation. Doesn't this tell you heaps about where the airport ought to be, if it's going to pay its way? Recently Deutsch Bank compared airline operating margins to those of airports. Yet there will be shockingly little debate on whether there is any point in having the greenest of green eco-resorts in deepest Peru or Cape York if all the wealthy, sandalled 'ecotourists' each burn six tonnes of carbon dioxide getting there and back. Relying on air marshals randomly assigned to a fraction of flights to be present, and then able to resist the temptation of nodding off in comfortable business class seats is no more effective. But you can't grow hedges in the sky, and can't erect a barrier to noise coming from anywhere above your home. A new option is needed o allow the airport land to be sold for residential, commercial and industrial development - with profits being used to remedy the deterioration that has been allowed in our hospitals and schools. Trainee aircraft might be reasonably expected to be more wayward than average, and hence might need more space. SC might even have veto rights to prevent a competitor entering the market. The Sydney Morning Herald reported the progress of Bankstown Airport sale claiming "the Government is soon to launch a study on the best way to sell the asset, which will also canvass the likely sale price". That's a mere 13 minutes, or less time than a priority check-in friend of the airlines would take to walk from his car to the aircraft at KSA or any large airport. Deregulate it and free it from the encumbrances and protection of the airports acts. As of mid August , getting a taxi from KSA at evening peak circa 5: Any real estate developer worth his salt would get quite a premium on this once the airport is gone bayside properties, could fetch double the Marrickville rate. During the three days of clear skies in September the difference between the average day-time maximum temperature and night-time minimum across the US was more than one degree greater than when contrails were present. Mr Howard said technological changes and larger aircraft would probably mean the city could survive with Sydney Airport alone. Tripling passenger numbers will require tripling of the roads and railways into the airport. Is it only because it's a safe Labor seat? But the Federal Government has allocated no funds to build security fences around Bankstown or country airports, install security screening and video cameras or recruit guards. The heart of the issue is this: The sale process was aborted as a result of Egan's expose, but it did not stop him proceeding with a deal in that was every bit as bad. For comparative purposes, KSA covers acres. It is asking the community to subsidise the airport by accepting the terrorism risks. This will worsen flooding on upstream residential lands - it's like building a dam on the river.
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