Our LNG is essentially foreigh owned and these multinationals wont supply us domestically now . What do you think they would say if we needed 4 times as much LNG domestically.
The multinationals are on a tax free gig here now and to supply a much expanded domestic market would spring their tax rort; something that the would not cop short of our Government nationalising the lot, IMO.
I know some are listed on the ASX but when you look at their top 20 shareholders (like Rio & BHP) you'll see the extent of foreigh ownershop & board foreign composition.
We're a fantastic place for the multinationals but piss weak for the average Aussie battler!
