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

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AndyIgo

3,971 Posts.

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19/02/18

17:05

Post #: 31165846
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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?

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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
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