The big picture is that 86% of our mines are foreign owned :
https://www.tai.org.au/content/undermining-our-democracy-foreign-corporate-influence-through-australian-mining-lobby
If posters want to say that this is OK then that is their perogative but it is far from what our forefathers fought for in WW 1 & 2
& the Vietnam War. How can one say that one is a good Aussie and at the same time advocate/defend the foreign ownership
of our mines?
PS I was a FMG shareholder when Twiggy was running to China for mine, railway & port financing, most of which was later
converted to equity with some still outstanding. By the way, FMG operates a marketing hub from Singapore similar to that of RIO & BHP.
Over the past 12 months both BHP & RIO have had to pay the ATO over half a billion each due to Transfer Pricing.( not a very patriotic Aussie thing to do eh?
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