The Treasury has argued an intervention into the gas market is warranted given the spike in prices triggered by the war in Ukraine. The Albanese government is considering how to prevent a forecast 56 per cent increase in power bills over the next 18 months.
It’s a natural resource and one of our biggest exports. Someone explain to me, like I’m a 5 year old, why this is an issue…..
I never knew Australia got its gas from the Ukraine . How fucking stupid am I?
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Treasury recommends market intervention to lower Australian power pricesThe federal government's chief economic advisor endorses market intervention to cap or reduce coal and gas prices, warning unusually high company profits are coming at the expense of poorer Australians. Bout time. Booo to the energy corporations. All had it too good for too long at the expense of the Australian public. Ban All petrochemical gas mining subsidies wtf 😳 give our money back via taxation & all the subsidies given PAY BACK ALL $$$$$$$$ wheres my subsidies der wtf Wow. Just let the gov run it all. Then we can use the public money. Just like superannuation should be. Out of private hands. Unless every member of the public is made a shareholder and we all receive equal dividends, why are only some allowed to Privately own public assets ? So the clown’s so-called “plan” included a little bit of socialism? Well I never!!
Source: abcnews - 🏆 5. / 83 Read more »