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Jeremy Christianopoulos

Rotto businesses want ferry subsidy - The West Australian - 1 views

au.news.yahoo.com/...-businesses-want-ferry-subsidy

shared by Jeremy Christianopoulos on 05 Dec 13 - No Cached
  • subsidy on the growing cost of a ferry ticket to attract more people to the holiday island.
  • State Government's control of the island
  • pushing a same-day return ticket down to $30 in winter, with the help of a State Government subsidy
  • ...7 more annotations...
  • a simple measure that would automatically improve patronage.
  • "If that was the price wouldn't you say: 'Let's not go to Hillarys or somewhere else in Perth, let's go to Rotto have a beer and lunch and come back at five o'clock'," he said.
  • The current day trip for an adult is $75 return from Fremantle with Rottnest Express. A day return trip from Hillarys on Rottnest Fast Ferries comes in at $84
  • The prices include a $16.50 landing fee, which blows out to $21.50 for an extended stay.
  • estimated to be more than $5 million annually.
  • Mr Papandroulakis said he had informal talks with Premier Colin Barnett on the subsidy issue.
  • Rottnest Express director Glenn Gaynor said his company offered 40,000 heavily discounted tickets per year, at prices that often left them operating the ferry service at a loss.
  • Victorita Paun on 11 Dec 13
     
    In responding to this article there is room to evaluate the impact of the subsidy and the reasoning behind it, but you want to make sure that will be enough to meet the word limit and provide you with at least one diagram.
Giovanni Perini

BBC News - Wildlife groups criticise green farm subsidy move - 0 views

www.bbc.co.uk/...science-environment-25459562

bbc news wildlife groups farm subsidy

shared by Giovanni Perini on 04 Jan 14 - No Cached
  • Wildlife groups criticise green farm subsidy move
  • spending a bigger share on the environment despite a smaller overall budget for subsidies.
  • transferring 15% of grants away from direct payments for farmers and into protecting wildlife and helping the rural economy.
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  • "Farmers already pocket huge amounts of cash without having to farm in ways that reduce their effect on wildlife
  • Giovanni Perini on 04 Jan 14
     
    I think this is a good article for negative externalities of production (the impact of farming on wildlife) and the actions the government should take, as well as subsidies.
  • Alan Cheung on 06 Jan 14
     
    Interesting article too, but I think you may have more to write about with your wool article.
azuccolo15

Japan to oppose fishing subsidies ban in TPP trade negotiations | The Japan Times - 1 views

www.japantimes.co.jp/...-ban-in-tpp-trade-negotiations

shared by azuccolo15 on 09 Dec 13 - No Cached
  • Tokyo plans to oppose a U.S.-proposed ban on fishing subsidies in the Trans-Pacific Partnership free-trade talks that Japan will join from July, due to the numerous adverse effects it might have on the nation’s fishing industry, government sources said Saturday
  • If the interdiction is implemented by the 11 current TPP member states, the government will call for its scope to be limited to subsidies that would unquestionably lead to overfishing, as the Japanese fishing industry heavily depends on this source of funding, according to the sources.
  • The government’s position also reflects concern the ban may include subsidies for the construction of ports and other infrastructure, hindering recovery efforts in coastal regions where the 2011 earthquake and tsunami ravaged local fishing industries
  • Victorita Paun on 11 Dec 13
     
    This article more suitable for for Section 3 - International Economics
anonymous

BBC News - Cumbria County Council proposes cutting bus subsidies - 1 views

www.bbc.co.uk/...uk-england-cumbria-25138484

shared by anonymous on 03 Dec 13 - No Cached
  • save £1.9m per year.
  • Forty-three daytime services, 17 evening services and 10 Sunday services receive subsidies - about 5% of the total services across the county.
  • 7p per passenger in subsidies while others cost more than £12 per person, according to council figures.
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  • £22,000 per year.
  • Alan Cheung on 12 Dec 13
     
    Relevant, but I am afraid you make take some of the information already presented in the article as your own evaluation.
Dursun N1

BBC News - Indonesia fuel prices rocket by 44% sparking protests - 0 views

www.bbc.co.uk/...world-asia-23015511

shared by Dursun N1 on 07 Jan 14 - No Cached
  • Indonesia fuel prices rocket by 44%
  • sparking protests
  • Indonesia's government has cut a huge fuel subsidy
  • ...5 more annotations...
  • The subsidies are estimated to cost about $20bn a year, equivalent to almost 3% of Indonesia's total economic output.
  • Thousands of motorists rushed to fill up before midnight, after the measure was announced late on Friday.
  • petrol prices to rise by 44% and diesel by 22%.
  • The announcement sparked clashes in the capital, Jakarta, where protesters blocked roads and fought with police.
  • Indonesians had been demonstrating on the streets of many major cities all week in anticipation of the rise.
  • Victorita Paun on 08 Jan 14
     
    Interesting article discussing microeconomic concepts. Just make sure there is enough to foster a 750 words analysis. Please insert the highlights so it is clear which concepts you will be analysing.
  • Dursun N1 on 08 Jan 14
     
    This is an article about the drastic increase of fuel prices after Indonesia's government has decided to cut a huge fuel subsidy.
azuccolo15

BBC News - No change on North Lincolnshire housing grant ban for smokers - 1 views

www.bbc.co.uk/...uk-england-humber-25154871

shared by azuccolo15 on 09 Dec 13 - No Cached
  • A council has said it will not change its policy on refusing housing grants to tenants who smoke, despite spending just 10% of the available budget
  • North Lincolnshire Council is responsible for distributing government money to help people affected by the removal of the spare room subsidy
  • The change in housing benefit rules was introduced in April and has been dubbed the "bedroom tax" by Labour
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  • The authority's payment ban also applies to social housing tenants who subscribe to satellite television channels
  • The Department for Work and Pensions (DWP) provides £25m per year in Discretionary Housing Payments to allow local authorities to provide support for tenants affected by the change.
  • Under the changes, 14% is deducted from housing benefit for people with one spare bedroom, and a quarter for two or more.
  • "If their spending includes satellite television. If it includes smoking then what we say to you is we can't give you extra taxpayers' money to support you to continue to make those life choices.
  • He said: "I find it quite shocking that the council are saying they're not going to use the money to support people if they happen to be in a contract for satellite TV, which they might have taken before the bedroom tax came in to effect, or they are smokers
  • Victorita Paun on 11 Dec 13
     
    Good article for externalities! Enough room for commenting on the underlying economic concepts.
  • azuccolo15 on 06 Jan 14
     
    MLA Citation: "No Change on North Lincolnshire Housing Grant Ban for Smokers." BBC News. BBC, 2 Dec. 2013. Web. 12 Dec. 2013. http://www.bbc.co.uk/news/uk-england-humber-25154871 This article best applies to the microeconomics section of this course. To be more specific, it is a good example of negative externalities and how governments try to combat them, as well as the idea of subsidies.
azuccolo15

Parliament Congratulates Gallant Farmers … As Dr. Owusu Afriyie Pleads For Ch... - 0 views

thechronicle.com.gh/nge-in-fertilizer-distribution

shared by azuccolo15 on 09 Dec 13 - No Cached
  • Dr. Akoto Owusu Afriyie has suggested to government to move from the Invoice System of distributing fertilizers to farmers, to the Pass Book System
  • The Invoice System, according to Ranking Member for the Food and Agriculture committee in parliament, had accounted for increased smuggling of fertilizers in the last five years, whilst compelling farmers to purchase fertilizers at black market price.
  • “Change the system of distribution of fertilizers, during Kuffour’s regime, it was based on a card slip and every farmer has a pass book and there was sole distributor in the district and beyond. You go with your pass book and sign to receive two bags for which you pay the subsidized price
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  • Continuing, he said farmers do not get fertilizers to buy and even if they do, they pay black market price which was far more than the market price
  • For instance, he said this year, government had imported 180,000 tonnes of fertilizers but argued that the amount that would go to farmers was not known because under the invoice system of distribution, beneficiaries of the subsidized fertilizers could not be traced and recorded
  • And is our proposal to the government to increase their allocation to the ministry
  • He urged the government to channel a large chunk of the revenue that would be generated from the oil and gas sector into the development of agriculture in the country
  • The Atwima-Nwabiagya South MP urged his colleague MPs to use their positions to help solve the challenges the farmers faced in the countr
  • Mr. Abu, on his part, stressed the need to make the farming profession lucrative in order to reduce the retention rate and attract the youth.
  • “It is important that our farmers are encouraged to remain in Agriculture and adopt scientific and modern practices of farming to enable them increase their production and productivity every season to reduce hunger and poverty,” he said.
  • Victorita Paun on 11 Dec 13
     
    Also a good article for a discussion on subsidies, their role and consequences.
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