STX 0.00% 21.5¢ strike energy limited

Ann: FY16 R&D Update, page-3

  1. 8,380 Posts.
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    The lunacy of the whole situation is that the Federal government has tightened the R&D criteria without warning (and bypassing parliament) so it can report a surplus leading into an election. How many companies will find themselves in a similar situation to Strike, with long-term damage to the businesses. And this from a pro-business government.
    Meanwhile, they are debating whether to invest billions of dollars in energy generation (which any free market economist would cringe about) in order to deal with sky rocketing energy price prices, whilst deny a pittance to a company that could make a major indent in Australia's gas deficit.
    These past ten years of Australian politics feels like Alice in Wonderland sometimes.
 
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