STO 1.16% $6.84 santos limited

Ann: Update - Notification of buy-back - STO, page-8

  1. 9,372 Posts.
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    Imagine how cheap milk would be if we didn't export so much as cheese and milk powder or baby formula
    Market would be flooded , price would be cheaper and farmers wouldn't be so greedy

    Yeah that will work - the shallow thoughts of this mob are extreme . They probably think farers would still keep producing for free like in a communist state because they are told to!!!

    There is however room across all industry to ensure there is stability and no gouging in crisis times and also a fair and genuine possible excessive profits tax in some form.

    Labor seem to be going back to union roots and making a massive ambit claim and getting the public an dmedia primed and then will settle at some minor numbers so tehy can still call the industry evila nd have a scapegoat for not balancing a budget.

    Government has all the tools and levers but looks like we have children in control doing market perception testing via media to see where to stick the knife in.

    I wonder if any of the 17000 oil and gas direct employees in Australia and their family want contunued employment and if the government wants the tax they pay- lets say 2bill in wages and ,5 bill in tax?
    State govts want some payroll tax?

    How many people work in the gas industry Australia?

    Highlighting the depth and scale of the gas industry supply chain's economic and social contribution, just over 165,000 full time equivalent (FTE) jobs were directly supported as well as about 47,000 businesses.
    https://petroleumaustralia.com.au/news_article/new-study-reveals-massive-size-of-workforce-powering-australias-gas-industry/
    Last edited by Teddyward: 03/11/22
 
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