An excellent submission! Could our Minister for Energy please read it? Reality is a very sobering thing. I knew very little about gas distribution but Bill Johnston so clearly sets the scene for those who will make recommendations to the Australian Government. I hope they read it with care.
Outstanding and makes it so clear how once again a Treasury et al, either developed initiative or response to political pressure, could create mayhem for one of Australia’s critical revenue earners, let alone our own domestic infrastructure and energy supply capacity.
There really are a lot of well paid idiots hanging around political places, who cannot string 4 of 5 dots together!
These are all excellent points. It does not address whether the gas industry is making enough revenue from our foreign exports and geopolitical support that it enables, or whether it is paying enough royalties on the extraction for the Nation or state respectively relative to ie the models we could and still should consider being a National operator, a national equity and sovereign wealth fund. All we have done is built an unsustainable welfare system on this because we didnt again in the the 1980s and 1990s. Some legacy industry then.
An excellent submission! Could our Minister for Energy please read it? Reality is a very sobering thing. I knew very little about gas distribution but Bill Johnston so clearly sets the scene for those who will make recommendations to the Australian Government. I hope they read it with care.
Outstanding and makes it so clear how once again a Treasury et al, either developed initiative or response to political pressure, could create mayhem for one of Australia’s critical revenue earners, let alone our own domestic infrastructure and energy supply capacity.
There really are a lot of well paid idiots hanging around political places, who cannot string 4 of 5 dots together!
These are all excellent points. It does not address whether the gas industry is making enough revenue from our foreign exports and geopolitical support that it enables, or whether it is paying enough royalties on the extraction for the Nation or state respectively relative to ie the models we could and still should consider being a National operator, a national equity and sovereign wealth fund. All we have done is built an unsustainable welfare system on this because we didnt again in the the 1980s and 1990s. Some legacy industry then.
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Is there a percentage increase that would be reasonable? Genuinely curious, I appreciate your work.