They managed to retain 66 million from 2013 and have established reserves this year worth 2.28 million. retained suplus at present is counted at 82 million, which isnt too shabby.
Who's using the ABS figures? Im using the official RBA Calculator which puts 17 million in 2006 at under 20 million in 2012. (http://www.rba.gov.au/calculator/annualDecimal.html)
I mean you can always make up your own figures I suppose. Whatever helps you sleep.
Well if we're going to use REAL inflation, how about we use REAL figures instead of an imaginary 8%? Annual inflation in Australia was MAXED during that period at 4.4% in 2008, but was as low as 1.7% at times during the 7 year deal. The amount paid in 2012 ends up being an increase of about 60%. (accounting for annual inflation 17 million in 2006 was equal to aboutt 20.3 million in 2012).