Comments on ‘Life Matters’ piece

Following on from the piece on ABC Radio National’s Life Matters yesterday with the Queensland Housing Minister and the Tenants’ Union of Queensland’s Coordinator, there have been some interesting comments made on the website.  Like this one from LEO PR :

18 Sep 2012 4:26:52pm
Yes, and as more people rent, and rents go up, the money available for the RTA to invest and spend on the TAAS’s actually went up.

The RTA had a surplus of $10.8 million last financial year. That is, they had $580 million to invest, they achieved a 7.9% ROI (1.9% above what they had budgeted for), for a $45.9m income. They spent $35m, including $4.6m on the TAAS’s (including the TUQ’s 300k). Figures are rounded.

If they had wished, they could have doubled the funding to TAAS’s and still retained an operating surplus

To read more comments, make one or listen to the audio, go to this link.

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