Hybrids Vs PHEVs vs All Electric, page-807

  1. 23,172 Posts.
    lightbulb Created with Sketch. 769
    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.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.