Tasmanian Times

Economy

Premier defends $2.4m loss

Premier defends $2.4m loss

NICK CLARK

5 March 2010 2:31pm

PREMIER David Bartlett today defended the process which resulted in a $2 million loan to a collapsed Hobart software firm.

“Yes I am satisfied that that the process was robust and I am satisfied that a state Labor Government will always invest in innovation and will create jobs for the future,” he said.

Mr Bartlett said the Tasmanian Development Board recommended to the Government last year to loan the money to Etech under the Tasmanian
Industry Support Scheme.

Read more HERE

Earlier on Tasmanian Times: HERE: Another coupla mill down the gurgler as we lead the world in innovation

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3 Comments

3 Comments

  1. Thelonious

    March 6, 2010 at 12:41 pm

    Haven’t heard too much about the people who actually copped this $2.4 mill. of our hard-earned tax dollars. Why them? Are they people we know? – or, much more interestingly, perhaps people The Labor Party knows?

  2. Russell

    March 6, 2010 at 9:49 am

    No wonder Tasmania is an economic retard.

  3. Dave Groves

    March 5, 2010 at 10:47 am

    Now if I was working for a boss…ie the Tasmanian public…and manage to bungle that much money, then I wouldn’t be up there saying that the process to which it was lost was robust.

    How the bloody hell can it be robust when $2.4 million has gone down the gurgler?

    Now if I was working for a boss, and lost $2.4 million of his/her money, you can bet that my arse wouldn’t hit the ground as it was booted out the door.

    But, if you work in government, this is a perfectly acceptable scenario, which can, and will be repeated ad infinitum, with no negative consequences whatsoever.

    And for some reason which completely escapes me, the public will vote these flap jaw jokers back in, time and time again.

    I swear I walk among zombies and retards.

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