The government of any ilk could put a tax on all LNG cargos leaving Australian waters, say $5 mill per cargo this would help the people by helping the economy.
These organisations are trans-nationals that have no interest in the Australian public but do want our resources for free.
If the RB increases interest rates it will favor the wealthy not the working class.
What do we get a Labor government that will not even take up the idea from ACT senator David Pocock of and enquiry into the gas industry. (See Below)
It is easy to understand why the public has had enough of the major parties and you see the rise of One Nation and others. Even though it might be cutting of your nose to spite your face as we have seen in America.
"I do think this is an opportunity to actually say, let’s bring in a 25% tax on gas exports and use some of that money to help people who are really struggling.
I think if the federal government was actually willing to tax things like our gas exports, to potentially bring in a windfall profit tax, because we can we know that gas exporters, potentially fuel companies, are going to be making windfall profits off this war in the Middle East."
The criticism of the RBA in this piece does not make sense. Companies are *always* trying to maximise profits. They can only keep hiking prices when aggregate demand outstrips supply. That’s what’s been happening, and it’s the RBA’s job to keep a lid on excess demand.
The democratic logic of inflation vs unemployment is brutal: inflation affects everyone; even a 2% increase in unemployment affects a limited number. So if you’re in power, a good way to lose power is to do nothing about inflation.
Heads the rich win, tails the poor lose.
The government of any ilk could put a tax on all LNG cargos leaving Australian waters, say $5 mill per cargo this would help the people by helping the economy.
These organisations are trans-nationals that have no interest in the Australian public but do want our resources for free.
If the RB increases interest rates it will favor the wealthy not the working class.
What do we get a Labor government that will not even take up the idea from ACT senator David Pocock of and enquiry into the gas industry. (See Below)
It is easy to understand why the public has had enough of the major parties and you see the rise of One Nation and others. Even though it might be cutting of your nose to spite your face as we have seen in America.
"I do think this is an opportunity to actually say, let’s bring in a 25% tax on gas exports and use some of that money to help people who are really struggling.
I think if the federal government was actually willing to tax things like our gas exports, to potentially bring in a windfall profit tax, because we can we know that gas exporters, potentially fuel companies, are going to be making windfall profits off this war in the Middle East."
Oh that’s too much right there… the fact that so many people suffer and the people making money from this don’t even pay fair tax. It’s too much.
The criticism of the RBA in this piece does not make sense. Companies are *always* trying to maximise profits. They can only keep hiking prices when aggregate demand outstrips supply. That’s what’s been happening, and it’s the RBA’s job to keep a lid on excess demand.
The democratic logic of inflation vs unemployment is brutal: inflation affects everyone; even a 2% increase in unemployment affects a limited number. So if you’re in power, a good way to lose power is to do nothing about inflation.