FMG 3.24% $20.40 fortescue ltd

407 thanks to 007, page-17

  1. 2,535 Posts.
    testrichard the problem precisely is that Kevin has no clue as to what to do with the money.

    He could have implemented a great big sweeping reform like some of the really fundamental stuff in Henry. Coupled with massive infrastructure projects (costed and feasible pls, no not NBN lol) for water and rail etc.

    But instead we get fiddling at the edges and pork barrel concessions. 12% super is nice but thats about it.

    The sensible thing to have done is raise royalties by a few % - stealthily - but hey that goes to the states so no go for the feds.

 
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