Rio Tinto is 92% foreign owned and as such like other foreign owned
resource companied (BHP is 93% foreign owned), they want to
only dig it up and ship it out with minimal local content in order to
minimise Aus tax . Both companies have been fined over half a Billion
recently for avoiding Aus tax by transfer pricing via their respective
Singaporean marketing hubs.
We can design SEZs to counter both excessive. taxation and electricity pricing.
Its silly to have one of the highest electricity prices in the world when we export
massive amounts on LNG to manufacturing countries who then generate electricity
it much cheaper than we can...So much for our privatisation of electricity generation
recently!
But of course if we repeatedly say that we can't....then we can't and the multinationals love us for that.
- Forums
- Political Debate
- Hybrids Vs PHEVs vs All Electric
Hybrids Vs PHEVs vs All Electric, page-807
-
- There are more pages in this discussion • 804 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online