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The Forum > Article Comments > Queensland Labor needs federal intervention > Comments

Queensland Labor needs federal intervention : Comments

By Ken McKay, published 15/9/2010

The Queensland Labor Party in the 1970s was a joke, incapable of winning state government: today it is going the same way.

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It is certain that many people have no understanding at all of the consequents of the mining exporting, nor of the affects of the mining itself. To start, the mined resources are non-renewable, once they're gone, they are gone for good. The raw exports are also non-value added, meaning that no employment is used to produce manufactured goods from them and though – when exported, requires reciprocal imports, and depending on the country to which the export takes place, we receive the goods that the companies in our country choose to import, so companies such as Target, K-Mart, Lowes, Bunnings,Wesfarmers, Trade Tools and a hundred others, buy in the Chinese clothing etc, Chinese and Japanese tools, and a thousand other goods, most of which we used to make and maybe some we still produce here in Australia, because they are cheaper but for how long - in a report by Bloomberg, they say Pohang from Sth. Korea, paid an estimated $US308.70 / ton for coal, while BHP Billiton, sold Premium coking coal (same type of coal), for $US98 /ton. What I find interesting, is that the Minister for mines, in the Commonwealth Hansard in 1957, contended that coal was worth 40 pounds ($80)/ton, this amounts to $1024.16/ton in 2008 by the RBA's calculator. but for how long. I believe that Queensland rail even imports their new suburban trains from Germany, so there is no discrimination or integrity, We still have industries who would like to and are prepared to get back into manufacturing, if our wonderful State Governments gives the right nod, and our Federal Government decides that the recession that they have headed for over the last 40 years, is not such a wonderful thing and go back to our earlier prosperous period – 1950 to 1970, and let all Australians – wage earners and small business particularly, be involved in a more decent government. Maybe the royalty needs to be increased to $100/ton.
Posted by merv09, Wednesday, 15 September 2010 3:27:31 PM
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Qld Labor doesn't need intervention, it needs an injection of sense. A federal Labor intervention would merely be a pointless transfusion.
Posted by individual, Wednesday, 15 September 2010 9:06:51 PM
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