I am beginning to understand this cunning plan;
1) Manufacturing will have to compete globally while paying the worlds highest electricity prices. Real wages are going to increase. Workers get holidays, sickies and now 10 days of DV a year. Most complex regulations and permitting. And the plant will be built by the CFMEU with highest construction costs in the world. RIP manufacturing.
2) Mining is not welcome. New coal or gas, who would bother trying.
3) Farming not welcome. More water to be "released to the environment", that's Plebesik for taken from farmers and allowed to flow into the sea.
We will soon be as wealthy as Paraguay.
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Shanthar Pathmanathan, MD
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