Mining Tax

[Dishtrackted]

We need a proper one.
Partys and people who vote against it are un- Australian and should be deported to were the profits go.

By 2021 Australia will eclipse the Persian Gulf state of Qatar to become the world's biggest exporter of liquefied natural gas.
In that year, when both countries are forecast to pump and ship roughly 100 billion cubic metres of LNG each, Qatar's government will receive $26.6 billion in royalties from the multinational companies exploiting its offshore gasfields.

According to Treasury estimates, Australia will receive just $800 million for the same volume of gas leaving its shores.

Stop the exporting of all our profits.

[gordon_s1942]

I dont think anyone would object to Tax/Royalty concessions on the sale of products like this when you consider the massive investment needed to build it but once its underway and keeping it competitive with other suppliers, then these products should be making a return to the Country.
Keeping in mind too that many such projects are often given very liberal concessions in purchasing Land and materials used in construction along with Wages and Payroll tax's either State or Federal so I see no excuse for Companies not paying a proper amount on their earnings.

[alpha0ne]

I wont be holding my breath for any change in my lifetime

[enf]

I wont be holding my breath for any change in my lifetime

Its like many issues. The only people who demand change are oppositions because they don't have to actually do anything, just complain....and they are all good at that.

[porkop]

I wont be holding my breath for any change in my lifetime

not while brown paper bags pass hands in the halls of Canberra!!!!!!!

[Uncle Fester]

Its like many issues. The only people who demand change are oppositions because they don't have to actually do anything, just complain....and they are all good at that.

Short memory my fellow.
Your much despised opposition identified the issue a few years ago and had already introduced a mining tax, which the Abbott/Hockey regime obviously cancelled.

[Uncle Fester]

not while brown paper bags pass hands in the halls of Canberra!!!!!!!

To me they are all suffering from impacted feces. Nothing good can come out there.
Alone our treasurer today commenting that even our cities do not have a housing price crisis.

[enf]

Short memory my fellow.
Your much despised opposition identified the issue a few years ago and had already introduced a mining tax, which the Abbott/Hockey regime obviously cancelled.

You obviously didn't read the post properly "my fellow".

I said oppositions (plural).....I'll lay you odds on to a brick sh*thouse that any ideas will be watered down when in government in order to be able to dip into the brown paper bag. Same with a useless banking royal commission, as like the unions, it will be found that they engage in contemptable behavior but very little that can easily be deemed prosecutable.

Don't worry though, these ideas will all be tested when "Malcolm the useless" loses the next election, and the workers crusaders (headed by the guy that sold out his own unions workers for money) is in charge.

[alpha0ne]

I said oppositions (plural).....I'll lay you odds on to a brick sh*thouse that any ideas will be watered down when in government in order to be able to dip into the brown paper bag. Same with a useless banking royal commission, as like the unions, it will be found that they engage in contemptable behavior but very little that can easily be deemed prosecutable.

The only way to fix the unfixable is to vote for independent/unaligned to the big two parties, and the hardest part would be finding someone honest enough not to water down said commissions (not holding breath )

And OT but the purely politically motivated commission into unions has mainly found problems with individuals rorting their members, but compared to what the banks have been up, especially in the last decade, makes alleged union corruption look like petty shop lifting

[enf]

The only way to fix the unfixable is to vote for independent/unaligned to the big two parties, and the hardest part would be finding someone honest enough not to water down said commissions (not holding breath )

And OT but the purely politically motivated commission into unions has mainly found problems with individuals rorting their members, but compared to what the banks have been up, especially in the last decade, makes alleged union corruption look like petty shop lifting

Oh please alpha0ne, the "individuals" are like rogue traders except they act for the unions. The banking royal commission cry was Shortens diversion for all his embarrassing union woes. Like the union inquiry it is politically motivated and will turn up some rogue deals for which the banks will apologise, and maybe a few individuals will cop the flack. Like the unions they will skate away.....leaving the poor screwed again.

Both sides of parliament are on the take in identical ways, and to believe any different is dumb.

[Al Bundy]

?...Don't worry though, these ideas will all be tested when "Malcolm the useless" loses the next election, and the workers crusaders (headed by the guy that sold out his own unions workers for money) is in charge.

I'll bet your left nut neither will be the leader by then if both parties run true to form....

[enf]

I'll bet your left nut neither will be the leader by then if both parties run true to form....

To run "true to form" then Shorten would have to lie himself and stab himself in the back, an unlikely event IMO. We will swap an inept and weak PM with a truly dumb one.

[Al Bundy]

To run "true to form" then Shorten would have to lie himself and stab himself in the back

LOL, I'm sure there are a few there who would take great pleasure in doing it for him.

[ol' boy]

There is only one problem with a Mining Tax i can see... and that is, we already cant trust them with the taxation money they currently have!
It is hardly inspirational to want to give them more!