Australia's largest stock trading and investment forum Australia's #1 stock forum

Hi MM, All4One and all, Talking about power stations wasn’t...

First 7 Last

Share
Profile

Follow
AndyIgo

3,971 Posts.

185

19/02/18

17:05

Post #: 31165846
Share

Originally posted by moorookamick ↑

Given that the Abbott Government stuffed up the MRRT and given that it would be difficult to administer anyway because of rampant transfer pricing and given that only the States can only levy Royalties on onshore natural resources,
may I suggest the following:

That the Commonwealth institutes a proper export licensing system whereby resources such as Iron Ore,
Coal, Gold & base minerals can be charged export taxes via these export licences.

Problems such as the domestic supply of LNG & issues arising from transfer pricing can be readily remedied.

EG: If BHP & Rio persist in transfer pricing via their Singapore marketing hub, just simply levy say $5/ton
export licensing fee on them . Its easy if we try.

If they do not want to play soft ball via the current system based on trust, then make them play hard ball via
a proper and fair export licensing regime.

Or are we stupid?

Expand

Hi MM, All4One and all,

Talking about power stations wasn’t Hapless looking for Chinese or Asian investment group to help build his new clean coal mine in the Galilee Basin area.

“Clean' coal power plants: Matt Canavan hints at government subsidy”

“Canavan told the ABC on Friday that refineries in Townsville and a smelter in Gladstone were struggling under high power prices.”

https://www.theguardian.com/environment/2017/feb/03/clean-coal-power-plants-matt-canavan-hints-at-government-subsidy

It’s been that hot in Brisbane this last couple of weeks Matt even I’m struggling with high power prices for the AC any chance of a subsidy?

I think Australia is in about as much trouble as a Chinese solar powered washing machine manufacturer!

Cheers and very best regards: Andy
Upvote

Reply

Top Stories

VMM

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

AAU

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

CWX

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

AII

Inside the depths of Panasqueira: A legacy carved in rock

ILU

Rare earths stocks surge as Pentagon buys big stake in US REE miner

LIS

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

Trump just dropped a 200% tariff bomb. Here's how to cash in