Wondering if the public circus in Brisbane Treasury dept know the difference between A$270 and US$270? The top rate cutting in at A$270 is not a high price, but quite ordinary, are they mistaking $US price and not $A? The futures prices are never labelled as such, it took me a while to verify it. Have they made a very fundamental error? Public advisers can produce abysmal policy reports.
Does the Federal Govt have any recognisance that State taxes could heavily reduce an industry that is of critical national importance, being our second largest export behind iron ore? I think they should pull Qld state mob into line. They just do not seem to understand basic economics and international business.
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