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The recent announcement by Labor of the made in Australia is...

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acorn

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10/07/24

18:05

Post #: 74695740
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Originally posted by pintohoo: ↑

''Actually your point is somewhat valid with regard to renewable energy .''

the point is most certainly valid with resource companies - which are almost all foreign owned and of which a huge part of it pays almost nothing to Australia

and now Australia has proven beyond doubt that it could have funded developing many of these very large projects - owned by Australia, for Australia and ALL of the profits remained in Australia

power generation is a tool to enable an economy to work and grow - it is but a tool, a cost of doing business

the businesses - like selling off minerals ----------- ARE the business - it is from the sale of product from which profit comes

there is zero point in government paying for provision of power - so that foreign owned companies can make a profit - and pay little or no tax --------------- zero point.

develop the recourses ourselves

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The recent announcement by Labor of the made in Australia is encouraging . A long way to go of course but at least its a start toward value adding to our resources .

l note at the time all the resident RWNJs whinged about it.
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