Ian Russell
Ian Russell
business focus improving number performance steps taken underlying
Our underlying business performance has been good, ... We have taken a number of steps to sharpen our focus on improving shareholder value.
burden corporate deliver federal foundation future growth needs personal provide realize sound sustained tax
The federal government's reductions in the personal and corporate tax burden provide a sound foundation for growth and future prosperity. However, to realize our long-term potential, more needs to be done to deliver productivity growth on a sustained basis.
entitled point
Everyone is entitled to their point of view.
looking sale since
Since the sale of PacifiCorp, we've been looking to restructure
changes continuing cost decision necessary operating review scale sell shape strategic structures
Once we had made the strategic decision to sell PacifiCorp, which changes significantly the shape and scale of the group, it was necessary to review our management, operating and cost structures for the continuing businesses,
achieve capital companies enable gains higher investors portfolio raise returns tax
Deferring capital gains tax would enable investors to achieve higher returns and better portfolio diversification and also enable companies to raise capital more cost-effectively.