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27,246 Posts.
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23/08/23
16:17
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So, you'd borrow heaps and add to the current multi billion debt.
Foreign banks or Australian banks ?
How many mines will you be taking over in the first wave ?
Will they be owner / operator or contractor ?
You are nationalising the lease, not the equipment.
Would you expect to win a Court case over ownership of the equipment if you just locked the gate and didn't allow recovery of owned property ?
A Contractor could either move their gear and crew to a different mine or decide to work for the Government.
Would a Labour Government simply hand over control to the CMFEU to run the mine(s) ? Reckon you'll still make a profit ??
If you now have the mine, how long will it take you to renegotiate contracts for rail to port, ships and customers ?
What might the new (probably higher) rates be ?
Would you try to nationalise any privately owned railways and ports too ?
How will you keep your plans secret ?
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