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The Forum > Article Comments > Adelaide - heaps indifferent! (Part 2) > Comments

Adelaide - heaps indifferent! (Part 2) : Comments

By Malcolm King, published 21/5/2014

'She'll be right, mate. Have an ice coffee', say the locals. Actually, no. It will not be right by a long shot.

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SA has a third of the world's easily mined uranium. As Bob Hawke said this week we'd be doing ourselves and the rest of the world a favour by expanding our involvement in the nuclear fuel cycle. I didn't see that on the action list for SA. Another key omission is that Santos will get double perhaps triple the price for Cooper Basin gas by sending it to Gladstone Qld for LNG rather than to Adelaide. A couple of years ago it was said SA power prices were the world's third highest behind Denmark and Germany. No big conventional industry will replace Holden with such expensive energy.

I'm amazed at the indifference of Weatherill and other SA baby boomers to the looming plight of SA young people. Already some of my young relatives have left Adelaide for jobs interstate. If Weatherill is looking to Canberra for more cash or defence contracts he may be disappointed. Maybe he's part of the reason the state does not pursue its natural advantage.
Posted by Taswegian, Wednesday, 21 May 2014 9:03:30 AM
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Agree with Taswegian on value adding!
We who invented the much cheaper and vastly more efficient pulsed laser light method of enriching uranium to power grade, should be utilizing that method, on all our nuclear exports, and indeed, taking the fuel rods back in 25 or so years, when they are exhausted; and, reusable in FBR's?
And in that vein, every one high tech job that is created, five others are created in allied service industries!
Moreover, the USA example demonstrates, that every dollar invested in high tech R+D, returns thirty back as future tax.
There is a roll for a proactive progressive government in growing a high tech value adding economy.
That role includes the roll out of cheaper than coal thorium power, as government projects; and made cheaper by half again, just by locating the generators adjacent to the new industrial estates.
And following that, introduce a tax system made lower than virtually anywhere else, and without sacrificing essential and growing revenue streams, simply by introducing a vastly more simple, stand alone unavoidable expenditure tax scheme, that is only able to be cheaper than virtually anywhere else, just by virtue of eliminating all the parasitical practices, that predate on current collection methodology.
Which would then result in a genuine 7% reduction, of imposts on the average bottom line, further improved by the simultaneous repeal of no longer necessary taxes, including the most regressive ones, like the GST, Payroll Tax, and fuel excise, all of which are just a shoot yourself in your own economic foot, handbrake on sustainable economic growth!
The lowest real tax impost coupled to the lowest possible energy provision, will have not just the high tech industries of the world queuing to relocate here, but the cleverest entrepreneurs, and millions of self funded retirees, always providing we return affordability to the housing sector.
And follow that, with the roll out of rapid rail, connecting to a national fleet of nuclear powered roll on roll off ferries, which would also help to make our products more than compete on the world's markets!
Rhrosty.
Posted by Rhrosty, Wednesday, 21 May 2014 2:00:59 PM
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South Australia, Tasmania, 16 yrs of Labor, = economic ruin, corruption and general decay.
Posted by Shadow Minister, Wednesday, 21 May 2014 6:07:29 PM
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One example of what's happening in Adelaide and SA can be found below.

http://www.adelaidenow.com.au/lifestyle/sa-lifestyle/the-battle-for-black-point/story-fnizi7vf-1226926952878

Black Point is a small holiday destination. Good fishing. About ten miles up the road, Rex Minerals is going to build a copper mine. They will also extract gold and iron ore. The mine will build a new power grid and infrastructure and the ore will be piped to a port. It will employ about 70-100 locals.

The two men pictured are millionaires. One is a brewer and the other is a cook. They have moderate media profile in SA only. They don't want the mine built because they are worried about their holiday shacks - now worth more than one million each.

It's just one example of the issues facing SA.
Posted by Malcolm 'Paddy' King, Sunday, 25 May 2014 1:15:02 PM
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Currently South Australia mines Uranium and then only slightly processes it into Yellowcake - thus losing out on value added opportunities/revenue.

An earner for South Australia is therefore addressing value added. That includes Uranium enrichment - then shaping into fuel rods - then small port ship export from South Australia to reactor customers overseas.

Pete
Posted by plantagenet, Monday, 26 May 2014 11:21:31 AM
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