That's what we get for our gas, removed and loaded offshore, no onshore infrastructure, no onshore jobs, no value adding industry.
I don't know about everyone else, but I find this announcement very sad.
https://au.news.yahoo.com/thewest/business/a/28990513/wa-wins-lion-s-share-of-browse-field/
That's what we get for our gas, removed and loaded offshore, no onshore infrastructure, no onshore jobs, no value adding industry.
Sold out as usual.
Third world mentality, with first world living standard, soon to be challenged.IMO
My rant for today.
The fact we have no reservation policy is mind blowing. We're happy to ship it off rather than use it to increase the value of the gas multiple times. We're pushing the fertiliser and explosives industries off shore because of the idiotic idea of the free market when there is no such thing these days. Manufacturing on the east coast will be affected as well.
We truly borked
Absolutely right.
How many companies exporting gas out of Australia ? Less than 10 probably. How many businesses are gas consumers ? Thousands.
Why are we giving a commercial advantage to a few companies, while increasing the costs for thousands of local businesses not to mention consumers ?
We really are being ruled by a few large corporate donors to politicians.
and btw, i own a fair bit of Santos so yea... Let's not be too critical, haha
and that's the bottom line ....(of your post)
Santos is lobbying to get approval for a massive CSG project in Narimbri [?] - North West NSW. The gov't seems to be onboard but don't think approval is given yet. There's still some community objection and concerns about the environment.
Well. The project could supply 50% of NSW needs... and since a bunch of established projects supplies are going overseas; reducing supply to the domestic market... best solution seems to not object to new projects or pay 30 to 50% increase in prices.
Man, you got to admire how these guys will get what they want.
and btw, i own a fair bit of Santos so yea... Let's not be too critical, haha
Labor in the lead up to the 2007 election missed an opportunity here."She wouldn't take anything. She was like a spoilt child," he says. "I just thought it was incredible. She's paid by the Australian taxpayer. To even get into her mind that she's entitled to a particular seat just floors me."
What a scumbag Bronwyn Bishop is:
Clayton Long was preparing the business class cabin for take-off when rumour began to spread. Something was wrong; a passenger was causing a stir at the gate.
It was the year 2000, or thereabouts. Long was a Qantas flight attendant for 27 years, so it's not surprising he can't remember the precise date of this particular Perth to Sydney flight. But he's adamant he remembers how it unfolded.
"We were told that the plane was going to be delayed," Long says. "We weren't told the exact reason at the time. It stretched out a little bit. Then we were told it was Bronwyn Bishop causing the problem."
The way Long tells it, the delay stretched on for 10 minutes and then 20. Everyone else was on the plane and wanted to know: what the hell was going on?
"It was because she didn't get the seat that she prefers. She likes the front row of business class," Long says. "But business class was full with the exception of two seats. She was given the seat with no one next to her but she still wasn't happy."
After half an hour or so Bishop was finally coaxed on board, Long says. If she didn't take her assigned seat the plane would leave without her.
"She made her displeasure very clear when she got on to the aircraft," Long says.
Long was the senior attendant and his underlings were visibly scared of this formidable woman. He decided he'd give Bishop, then a Howard government minister, the best personal service he could in an effort to smooth things over.
It didn't go well.
"She wouldn't take anything. She was like a spoilt child," he says. "I just thought it was incredible. She's paid by the Australian taxpayer. To even get into her mind that she's entitled to a particular seat just floors me."
Read more: http://www.smh.com.au/federal-polit...as-changed-20150725-gijfcv.html#ixzz3gyP1QWut
“It could be done this week,” said Trade Minister Andrew Robb last night, as he prepared to depart for what he hopes will be one final round of talks in Maui, Hawaii.
“There’s no guarantees but the whole mood has shifted”, he said, referring to a last-minute US Congress decision to give the White House autonomous negotiating powers.
“We’re close enough, we’re down to the really difficult ones – like sugar.”
Aside from Australia’s long-suffering sugar farmers, who have missed out in previous trade deals, Mr Robb said divisions remain over a US proposal to extend intellectual property protections for “biologics”, which would increase the price of medicines.
Third myth: the TPP will result in higher prices for medicines in Australia
Reality: no
The Government has stated clearly that it will not accept an outcome in the TPP which adversely affects the Pharmaceutical Benefits Scheme or our health system more generally, or an outcome that increases the price of medicines for Australians.
Fourth myth: the TPP Investor State Dispute Settlement (ISDS) provisions will allow foreign companies to sue the Australian government if a foreign company makes a loss on its investments in Australia
Reality: no
ISDS provisions provide an opportunity for investors, including Australian investors, to protect their investments overseas against expropriation and to ensure that they are afforded a certain minimum standard of treatment, and treated in a non-discriminatory manner. ISDS does not protect an investor from a mere loss of profits and does not prevent a Government from changing its policies or regulating in the public interest. Modern ISDS mechanisms incorporate explicit safeguards to re-affirm the right of governments to take decisions in the public interest, including in the areas of health and the environment, and reduce the chances that foreign investors bring frivolous claims.
Sixth myth: the TPP will require changes to Australia’s intellectual property arrangements, including our copyright and enforcement regimes
Reality: no
The Government is negotiating intellectual property provisions in the TPP within the framework of Australia’s existing laws and policies and does not support any proposals that would require changes to Australia’s current intellectual property arrangements, including our copyright and enforcement regimes.
...
If we're not royally fraked over the above issues, and more, I'll truly believe i saw a flying pig on the weekend.
Sounds like we're going to be well and truly bent over on the TPP
Problem is its all being done out of public scrutiny.
It's something that needs a Parliamentary vote not an executive decision.
What have got that could possibly be competitive given our diminutive size and consumer mentality. Free trade wot?
Problem is its all being done out of public scrutiny.
It's something that needs a Parliamentary vote not an executive decision.
Treasurer Joe Hockey flags removal of GST threshold for all overseas online purchases
By political reporter Anna Henderson
Federal Treasurer Joe Hockey says the Government is considering imposing the Goods and Services Tax (GST) on all overseas online purchases.
Internet shoppers have enjoyed tax exempt status for purchases less than $1,000.
The Government has been pushing for the GST threshold to be dramatically lowered to $20, arguing that would bring Australia in line with the United Kingdom, Canada and the United States.
Now Mr Hockey has said the threshold could be removed completely.
"It may well go to zero as well," he said.
"We are currently discussing the matter.
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"It is something that the state treasurers and myself have been working on for more than 12 months."
Assistant Treasurer Josh Frydenberg said last week that Australia was currently "an outlier" by exempting such expensive imports from consumption taxes.
"In the UK they apply the GST to goods and services bought overseas online from 15 pounds; in Canada the threshold is 20 Canadian dollars; in the US they apply their GST or VAT equivalent to all goods bought online from overseas," Mr Frydenberg said.
"So at $1,000, the Australian threshold has really been out of sync with the rest of the world."
Shadow treasurer Chris Bowen said Labor was willing to work with the Government on reducing the GST threshold and had requested a briefing on the latest advice.
"This is a critical issue for Australian small businesses competing with overseas-based online retailers," Mr Bowen said.
"It's unfair and puts Australian businesses at a competitive disadvantage."
more at
http://www.abc.net.au/news/2015-07-27/gst-online-shoppers-could-lose-exemption-joe-hockey/6650222
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