it would definitely be uneconomic to impose a cost on business to pay down this pesky Labor debt, and given the PM said that we're "open for business", to then cut the diesel rebate would be like a broken promise.
So glad he didn't do that.
With iron ore now <$100 there's a fair case that RIO, BHP, Fortescue could be under a little margin pressure, I wouldn't mind seeing the rebate upped to 43 cents. Tony could say we're "REALLY open for business" which'd be cool and stimulate things.
All I know is that lower commodity prices means you may see some of the biggies profits drop and that is bad for those SMSFs that have shares in mining companies, so be good for the government to act sooner rather than later.
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