Live: Gina Rinehart calls for defence spend to rise to 5% of GDP at ANZAC event
Her comments follow the Coalition proposing to lift defence spending to 3 per cent of GDP in a decade's time. Follow live.
www.abc.net.au
Well Gina says we should spend 5% on defence.
Fantastic, then she won't mind if we introduce a mining tax to pay for it and for a national wealth fund to build in industry and infrastructure we need.
Volk...re the mining tax, the Mabo decision kind of stops that. The minerals in the ground do NOT belong to every Australian. The mining companies have to negotiate a royalty system to the traditional owners. For example, the $ for Allyangula at Groote Eylandt, works out at $ 17000 per month for every man , woman and Child in that community, that does not mean they end up with that amount each month, that is what it adds up to. Now if the mining company has to pay a mining tax as well, it would need to re think and adjust that royalty sum.....see why there is not a mining tax now, see why Albo has not pursued it?
Live: Gina Rinehart calls for defence spend to rise to 5% of GDP at ANZAC event
Her comments follow the Coalition proposing to lift defence spending to 3 per cent of GDP in a decade's time. Follow live.
Well Gina says we should spend 5% on defence.
Fantastic, then she won't mind if we introduce a mining tax to pay for it and for a national wealth fund to build in industry and infrastructure we need.
If the mine is located within an area subject to a native title claim, the proponent has to enter into an Indigenous Land Use Agreement which must confer benefits to the native title claimant. I think this is what Old faithful is referring to in his post above. In WA you also need to pay for a heritage survey to confirm you are not disturbing any aboriginal cultural heritage. The problem is that aboriginal cultural heritage can be something you can’t see e.g a mythical spirit. The people who dthe survey will charge a very large fee.
The militant unions are also starting to cause problems on WA mine sites with their ambit claims.
You can see how the costs start to rack up. If you add a mining tax to the mix (on top of the royalties already paid to State governments) companies will look elsewhere in Africa and we will have no investment.
Except, the royalties are paid to the traditional owners in some cases, and not the state governments. Or the T Os corporation.
What happened to $34 million from Groote Eylandt trust fund?
Millions of dollars of mining royalties intended for the benefit of a remote island community off Arnhem Land were instead spent on more than 150 cars and boats, a barge, gambling and charter flights.
www.abc.net.au
In WA you are paying royalties to both under the ILUA and the applicable State Agreement.Except, the royalties are paid to the traditional owners in some cases, and not the state governments. Or the T Os corporation.
What happened to $34 million from Groote Eylandt trust fund?
Millions of dollars of mining royalties intended for the benefit of a remote island community off Arnhem Land were instead spent on more than 150 cars and boats, a barge, gambling and charter flights.
Which if a mining tax was introduced, would probably cut deep into profit margins of the company, and either the royalty amount greatly reduced,( which case native title could kick in and the company told to sod off) or the mining company walks away.
Double dipping in other words. It would make other countries more attractive to mine.
Guys, you are missing the point, Australia's richest person is expecting the average Australian to tighten their belts to pay to protect her wealth.
I am also sore on the principle that mining and farming were considered more economically important than manufacturing, science and technology. Now we are having to rebuild what we had, but pissed away, at the turn of the century, and we may not have enough time to do so.
I am also sore on the principle that mining and farming were considered more economically important than manufacturing, science and technology. Now we are having to rebuild what we had, but pissed away, at the turn of the century, and we may not have enough time to do so.
Yep, sending our manufacturing off shore, and buying it back under a free trade agreement was a bad move in hindsight.
Adgenda 21 was set up with good motivation, sending manufacturing to the 3rd world to provide them some much needed income and bring their standard of living up was a noble plan. In hind sight it is killing us. Much the same way that renewable energy will do. We are terrible slow learners. The stolen generation was another example where at the time, the intention was good, but in hind sight very damaging. The clever country was another, sell education......1.2 million immigrants later, we have a housing crisis. Both sides of politics are as guilty as hell for being short sighted.
We need every bit of income, we need manufacturing, we need agriculture, we need mining, we need education, we need all of those things.
en.m.wikipedia.org
Link provided so I am not labelled some right wing nut job conspiracy theorist.
The UN is not a great institution, they have well over stepped the crease.
As for the beautiful Gina expecting to protect her wealth, I expect our government to use our money wisely, and they are not. I expect my government to make some cuts where needed and catch up on defence. To protect my freedom, or what's left of it! You can't shut down a countries economy due to COVID etc for 2 years and expect there not to be unpaid bills to fixed as well as watch the savings account drain. There are so many problems....and there does not seem to be a triage in place to fix them by priority.
The mining tax is a no go, or we lose even more income.
Adgenda 21 was set up with good motivation, sending manufacturing to the 3rd world to provide them some much needed income and bring their standard of living up was a noble plan. In hind sight it is killing us. Much the same way that renewable energy will do. We are terrible slow learners. The stolen generation was another example where at the time, the intention was good, but in hind sight very damaging. The clever country was another, sell education......1.2 million immigrants later, we have a housing crisis. Both sides of politics are as guilty as hell for being short sighted.
We need every bit of income, we need manufacturing, we need agriculture, we need mining, we need education, we need all of those things.
Agenda 21 - Wikipedia
en.m.wikipedia.org
Link provided so I am not labelled some right wing nut job conspiracy theorist.
The UN is not a great institution, they have well over stepped the crease.
As for the beautiful Gina expecting to protect her wealth, I expect our government to use our money wisely, and they are not. I expect my government to make some cuts where needed and catch up on defence. To protect my freedom, or what's left of it! You can't shut down a countries economy due to COVID etc for 2 years and expect there not to be unpaid bills to fixed as well as watch the savings account drain. There are so many problems....and there does not seem to be a triage in place to fix them by priority.
The mining tax is a no go, or we lose even more income.
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StevoJH
The Bunker Group
I don’t have a problem with renewable energy.
I have a problem with technology developed here being monetised by overseas interests and the products being sold back to us rather then Australian companies producing products here for both local use and for export.
Specifically referring to solar panels.
Renewable energy makes it much harder to for an external power to shut down our grid as generation capacity and storage is much more widely distributed then it has been in the past with just a small number of coal plants providing the majority of electricity.
I have a problem with technology developed here being monetised by overseas interests and the products being sold back to us rather then Australian companies producing products here for both local use and for export.
Specifically referring to solar panels.
Renewable energy makes it much harder to for an external power to shut down our grid as generation capacity and storage is much more widely distributed then it has been in the past with just a small number of coal plants providing the majority of electricity.
To be fair to Gina - and I have absolutely no love for her - the iron ore industry actually does pretty well in terms of their tax contribution. Could they (and she personally) pay more? Absolutely. But they’re not terrible.
LNG is the big one. We’re getting absolutely mugged by the deductions in the PRRT.
LNG is the big one. We’re getting absolutely mugged by the deductions in the PRRT.
The limits of the Mabo decision and its implantation through such things as the Native Title Act and the various government instructions need to be explored much more fully than they have been to date. Where they conflict with eminent domain, what constitutes alienation, that sort of thing. But at present our governments seem to be unwilling to go there; I presume because they accept that certain groups actually represent the views of the populace at large. I personally think that is a doubtful proposition - but it has nothing to do with the ADF which is the subject of this thread
Not sure how you link offshoring our manufacturing to renewable energy?Yep, sending our manufacturing off shore, and buying it back under a free trade agreement was a bad move in hindsight.
Adgenda 21 was set up with good motivation, sending manufacturing to the 3rd world to provide them some much needed income and bring their standard of living up was a noble plan. In hind sight it is killing us. Much the same way that renewable energy will do. We are terrible slow learners. The stolen generation was another example where at the time, the intention was good, but in hind sight very damaging. The clever country was another, sell education......1.2 million immigrants later, we have a housing crisis. Both sides of politics are as guilty as hell for being short sighted.
We need every bit of income, we need manufacturing, we need agriculture, we need mining, we need education, we need all of those things.
Agenda 21 - Wikipedia
Link provided so I am not labelled some right wing nut job conspiracy theorist.
The UN is not a great institution, they have well over stepped the crease.
As for the beautiful Gina expecting to protect her wealth, I expect our government to use our money wisely, and they are not. I expect my government to make some cuts where needed and catch up on defence. To protect my freedom, or what's left of it! You can't shut down a countries economy due to COVID etc for 2 years and expect there not to be unpaid bills to fixed as well as watch the savings account drain. There are so many problems....and there does not seem to be a triage in place to fix them by priority.
The mining tax is a no go, or we lose even more income.
Housing crisis solely an immigration problem?
Can't do a mining tax because it's too hard?
There's a whole lot of finger-pointing going on here with very little active thought given at all.
Renewable energy could be the cornerstone of not only reinvigorating our manufacturing but also ensuring we have a distributed & modular energy generation capability with the redundancy of local manufacturing being able to sustain, repair and replace it. It has the potential to boost both Defence and manufacturing.
Nuclear involves sending money offshore, getting a sealed unit that if damaged or threatened becomes deadweight and at the mercy of a foreign nation's supply chain.
Housing crisis... has been done to death. End tax breaks for investment properties, yes housing prices will crash, back to where they probably should be... back to something affordable.
A mining tax or royalties scheme is not too hard if there is bipartisanism. Yes it might require a ground-up approach and some honest conversations about how money is spent, or even Australia's relationship with the indigenous population but just because it is hard does not mean it cannot be done.
I swear, sometimes it feels like the generation that constantly complains about current generations not working hard enough or being soft is the actual problem. So focused on protecting their own net wealth and doing their "own research". Is the generation that reaped the benefits of peace post WW2 actually Australia's softest?
Regarding Indo-Russia previously, while I don't think it could ever really happen at all, it does bring one point back into focus. Indonesia is a neutral country largely and in the event of conflict to our north would likely deny us access to their waters and airspace. Is Darwin then the best "northern" base? Maybe not.
Love him or hate him, it's a great shame Hawkes Clever Country died a death, we could really use those professionals, para professionals and trades now.
We could use the people churned out by industry, in particular manufacturing, we could use the people produced by hands on government agencies.
We could use the people grown through the articulated industry pathways and pipelines.
Another thought.
Rare earths and the strategic stockpile. The reason it never took off previously is China flooded the market to make it uneconomical to grow the industry elsewhere. This is a real opportunity now china has cut off supply to the US.
Another area is hydrogen. Use excess renewable production to produce hydrogen and then repurpose Gas infrastructure to export it.
So many things we should have done and could be doing that were killed to make a buck for a small subset of society. So many smart things that are opposed because of political blinkers.
We could use the people churned out by industry, in particular manufacturing, we could use the people produced by hands on government agencies.
We could use the people grown through the articulated industry pathways and pipelines.
Another thought.
Rare earths and the strategic stockpile. The reason it never took off previously is China flooded the market to make it uneconomical to grow the industry elsewhere. This is a real opportunity now china has cut off supply to the US.
Another area is hydrogen. Use excess renewable production to produce hydrogen and then repurpose Gas infrastructure to export it.
So many things we should have done and could be doing that were killed to make a buck for a small subset of society. So many smart things that are opposed because of political blinkers.
Todjaeger
Potstirrer
- Thread Starter Thread Starter
- #3,515
Making a response here instead of in the original thread because the topic applies more to the ADF generally than just the RAN.
Losing the comms, SIGINT and ELINT access, as well as the ability to communicate with probes and satellites and very importantly, track objects in orbit, are the sorts of things which even the current lot would have a real hard time justifying. Not impossible mind you, but very, very difficult.
In a similar vein though, if the US were to decide to cut off Australian access to WGS, then Australia does potentially have a few levers left to pull which might make people reconsider. Of course though, I believe things would need to get very bad, much worse than they already are, before it might be work applying that sort of pressure.
If the US does reduce it's presence in Australia specifically, or even just Oceania generally, there are a few key joint facilities which I doubt the US would abandon, absent the POTUS and administration/advisors being complete PEBKAC errors. I am specifically talking about Pine Gap as well as Australian-based facilities for monitoring and communicating with satellite constellations and other spacecraft.
Losing the comms, SIGINT and ELINT access, as well as the ability to communicate with probes and satellites and very importantly, track objects in orbit, are the sorts of things which even the current lot would have a real hard time justifying. Not impossible mind you, but very, very difficult.
In a similar vein though, if the US were to decide to cut off Australian access to WGS, then Australia does potentially have a few levers left to pull which might make people reconsider. Of course though, I believe things would need to get very bad, much worse than they already are, before it might be work applying that sort of pressure.
Righto....it's a nut shell round up of problems.
Australia has grown by 40% in population since 2003, that figure alone must be a huge contributor to the housing crisis.
Mining tax, if it's not too hard why has no one introduced it, for me personally, I would love to see Australia reap the benefits in the same or similar way to Norway, I am not against it, pointing out some facts.
Re newables...great if we actually needed to do it. But we don't, we could easily use gas, if we didn't have to buy it back at a huge cost...I did say short sightedness.
Where did I link offshore manufacturing to renewable?
Where have I complained about any generation?
I have kids in this generation, workers already.
I will pay and she will work her way through Uni.
She knows the value of hard work and is a realist.
I swear your generation seems to jump the gun and become defensive without looking at facts.
I went all the way back to mistakes made a long time before my generation. Like the stolen generation, introduction of the rabbit, cane toads, bite bush and lantana etc etc, we are slow learners, I pointed that out, short sighted slow learners and as you age you will see that nothing much changes.
I definitely do have a problem with immigration. It's a lazy way and a quick fix to boost the economy, nothing more. Cattle on a tax farm.
StevoJH
The Bunker Group
Or use in DRI steel production (assuming our Ore is high enough quality), coupled with Electric Arc Furnaces. One of the companies looking at buying the Whyalla steelworks has just ordered a DRI plant and two electric arc furnaces.
Surely if the numbers work out it is better to value add on shore rather then exporting raw ores?
Hydrogen can also be used as feedstock for sustainable fuels, if the numbers can be made to work and sufficient production capacity built up it could significantly reduce the need for fuel imports. It can also be converted to ammonia, that can be either used as a fuel or as fertiliser.
Surely our uptake rate of Solar Panels is now high enough to sustain significant onshore production of panels and power control systems?
Should development of Thorium reactors be considered ,certainly less politically challenging and able to be sited away from coastal areas?
www.polytechnique-insights.com
Can thorium compete with uranium as a nuclear fuel? - Polytechnique Insights
Find the episode Can thorium compete with uranium as a nuclear fuel? now on Polytechnique Insights.
www.polytechnique-insights.com
StevoJH
The Bunker Group
It probably doesn't help that governments keep subsidising home *purchases* which increases demand.
What benefits does it bring over wind and solar?Should development of Thorium reactors be considered ,certainly less politically challenging and able to be sited away from coastal areas?
Can thorium compete with uranium as a nuclear fuel? - Polytechnique Insights
Find the episode Can thorium compete with uranium as a nuclear fuel? now on Polytechnique Insights.
Is it less expensive? Does it require less maintenance or staffing?
John Fedup
The Bunker Group
Wind and solar aren’t great for base load when it’s dark and the wind isn’t blowing but capital cost is a disadvantage for any large generating station, nuclear or fossil.