Dear Dustin,

When you speak of “our export income” what exactly do you mean? Sure there is some royalty payments but many of the big mining companies, many foreign owned, pay very little in the way of tax from profits to this country. Most of their shareholders are foreign investors as well.

If you mean it trickles down through the workforce then you yourself acknowledged it is not extensive.

Twiggy Forrester managed to become worth over 13 billion dollars from a company that had not paid a bloody cent of tax to the Australian people.

The multinationals who have stripped our abundant gas supplies to be sold overseas have done more harm to Australian manufacturing and Australian jobs and Australian family budgets than any possible benefit derived to us from their operations.

We are being sold a big con and people need to wake up.

Hasbeen,

Yes. SR is really, really "stupid" as all Marxists are. Blind ideology outweighs facts with the lot of them.

Keep up the good work, showing what clowns they are.

Dear Hasbeen,

You are so willfully thick my friend.

So tell me how does a dollar in a foreign shareholder's pocket equate to the amount of money Australian's have for purchasing imported goods?

Far greater proportion of every export dollar earned through manufacturing exports ends up in the pockets of Australian workers. You might sneeringly refer to it as monopoly money but it is hard currency which in turn pays for imported goods.

Look I know you have been a lackey for multinational companies and mining billionaires but there comes a point when you really should think about working Australians for a bloody change.

Steely I can't believe you are still pushing your stupidity here for all to see.

Only a bureaucrat could have so little idea of how the world works, & still have a job.

Opps, sorry about that, Green politicians & school teachers can too.

Dear SteeleRedux,

Here is an article that is worth reading by Giles
Parkinson (journalist of 30 years experience and
a former business editor and deputy editor for the
Financial Review and a columnist for The Bulletin and
The Australian) writing in RenewEconomy on the myth
that Adani coal is a boom or bust for the Queensland
economy.

I admire your patience
and tenacity, especially your ability to put up with
the insults being hurled at you.

Here's the link:

http://reneweconomy.com.au/the-myth-that-adani-coal-is-boom-or-bust-for-queensland-economy-39757/

SteeleRedux,

There’s plenty of truth in what you say re foreign ownership, but without those exports, how do you propose we earn foreign exchange?
What happens when someone wants to buy a fancy new 70” TV?
Where is Harvey Norman going to buy it?

There’s nothing stopping Australian companies from participating in business ownership (except for The Greens, of course) and many Mum ’n’ Dads have shares in those foreign companies as well.

Just consider the renewable energy industry.
The RET subsidies effectively double our electricity bills and that extra cash payed by every consumer goes directly to strangers overseas.
$3 billion a year for zero tangible benefit. Wonderful.

Oh, but we’re saving the planet . .
Honestly, if the average voter knew how the RET worked, there’d be politicians swinging from lamp posts.
If you’re going to worry about a big con, the RET takes the cake.