Australia's largest stock trading and investment forum Australia's #1 stock forum

RFX

Click for more information

0.00%

9.7¢ redflow limited

Ann: Redflow undertakes capital raising, page-90

First 90 Last

Share
Profile

Follow
tanon

3,158 Posts.

103

15/05/24

16:03

Post #: 73839767
Share

Originally posted by SimonGr: ↑

David - do you understand what these “subsidies” are? Most of it is simply not charging a special tax on fossil fuels for some purposes, ie. primary producers using diesel don’t pay excise on diesel. Primary producers being mainly miners and farmers. Argument is that they don’t use roads for this work - so why pay an excise that’s meant to pay for roads.

The renewal alternatives aren’t excise taxed by anyone … hence we have a massive hole in road funding black hole.

Expand

Agree. Fossil fuels contribute massively to the government coffers and have done for many many decades. It is like the government saying they are subsidizing self funded retirees or that they have created x thousand jobs since being elected.

RFX Price at posting: 10.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

RBA holds rates as ALP election campaigning kicks off – expect more political focus

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

First 90 Last

Add RFX (ASX) to my watchlist