Renegade Economists Show 492
Mohsen Kalantari Soltanieh (Dept Infrastructure Engineering, Melbourne University) discusses the recently announced privatisation of the Victorian Land Titles office. This is mentioned in light of the privatisation of the NSW titles office and the costs imposed in Canada from such efforts. Karl does his best to stay composed.
Hastings Management Pty Ltd (HMPL) is a majority owned subsidiary of Westpac, one of Australia’s largest banks by market capitalisation. Westpac acquired 51 percent of HMPL in October 2002 and the remaining 49 percent in November 2005. As part of its alignment with investors, certain Hastings employees, including key investment professionals and senior management have significant ownership in Hastings through the Long Term Incentive Plan (LTIP).
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