Posted on 04/23/2002 2:29:38 PM PDT by RippleFire
SYDNEY (Reuters) - An entrepreneur schoolboy trying to save up for a skateboard by selling flowers has fallen foul of local laws by failing to take out a A$5 million ($2.70 million) public liability insurance policy.
Tyrone Drowley had been selling chrysanthemums for 50 cents a bunch from a table outside his family home in Wonthaggi in Victoria state until he was ordered to stop by local council officials.
"He hadn't been set up for long when the by-laws officer stopped him because he didn't have a A$20 council permit," Tyrone's mother Heidi told Australian television.
"The A$20 wasn't a problem, but she said he needed A$5 million in public liability insurance to get the permit. We found out that would cost A$500."
The ban highlights an ongoing frustration among event organizers in Australia who must meet the mounting cost of public liability insurance when holding fairs, outings or social events.
There has also been an indemnity crisis in the health service, with doctors warning of higher charges because of soaring insurance premiums as insurers struggle with huge payouts and increasing claims.
An advertising agency in Melbourne played the good Samaritan and gave Tyrone his skateboard. although the schoolboy remained unimpressed by the council's attitude.
"I think it sucks," he said.
Australia better watch this kid. He's going to turn into a disgruntled postal worker and might snap at the most inopportune moment. Best keep tabs on this schoolboy. [end_sarcasm]
Perfect summary of the corporate government in America today.
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