Less time for the present even as cost of giving declines

Today in The Australian

As the global economy sputters and stockmarkets sag, a mere $140,000 will buy the pick-me-up to which every family aspires: the full kit of the Twelve Days of Christmas, from the first partridge to the last drummer, with all the doves, hens, geese, swans, maids, ladies, lords and pipers in between.

About Henry Ergas

Henry Ergas AO is a columnist for The Australian. From 2009 to 2015 he was Senior Economic Adviser to Deloitte Australia and from 2009 to 2017 was Professor of Infrastructure Economics at the University of Wollongong’s SMART Infrastructure Facility. He joined SMART and Deloitte after working as a consultant economist at NECG, CRA International and Concept Economics. Prior to that, he was an economist at the OECD in Paris from the late 1970s until the early 1990s. At the OECD, he headed the Secretary-General’s Task Force on Structural Adjustment (1984-1987), which concentrated on improving the efficiency of government policies in a wide range of areas, and was subsequently Counsellor for Structural Policy in the Economics Department. He has taught at a range of universities, undertaken a number of government inquiries and served as a Lay Member of the New Zealand High Court. In 2016, he was made an Officer in the Order of Australia.
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4 Responses to Less time for the present even as cost of giving declines

  1. Shy Ted

    $140k! Why, Sam Dastyari wouldn’t get out of bed for that.

  2. Rafe Champion

    I seem to recall putting the annual report on the costing of the 12 days of xmas gifts up on the Cat long before 2010. It used to be done by a firm of Financial Managers or consultants.

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