Shadowminister,

Well of course you would join Hasbeen in being a full bore useful idiot for the mining interests.

There is widespread agreement that we are getting ripped off by the mining companies. Places like Qatar who now export less gas than us receive over 10 times the royalty we do.

The Labor party really doesn't want to publicly challenge the system because the industry has done such a sterling job of brainwashing the likes of yourself so we are likely lumped with this for the foreseeable future. Well done.

Dear mhaze,

More buffoonery from you as usual. No mate, as I said this is all about whether the manifestly inadequate compensation the the Australian people in the form of royalites or corporate taxes is going to be allowed to continue. There has been zero discussion about whether they are breaking any laws to do so. It is you who has introduced it.

Dear Hasbeen,

You chatter: “SR, our know it all doesn't even know that royalties are a state tax, not a commonwealth one.”

You mate are a mug.

“In 1967, Commonwealth and State officials reached agreement on an Offshore Constitutional Settlement. The agreement includes a  60:40 revenue sharing arrangement of the 10 per cent royalty rate of the well-head value. Any royalties exceeding 10 per cent royalties go entirely to the State.”

http://www.dmp.wa.gov.au/Petroleum/Royalties-1578.aspx?busselect=8

You also chirped: “There are dozens of resource rich countries/dictators who will demand a lot less than us to get that activity.”

Quote

"Over the next few years, on similar LNG export volumes, while Qatar collects $26 billion in royalties — not including income tax and proceeds from state-owned companies — Australia will collect absolutely zero in PRRT from the booming offshore gas industry."

End quote.

http://www.abc.net.au/news/2019-04-01/tax-credits-for-oil-and-gas-giants-rise-to-324-billion/10959236

Mate those Qataris will be laughing at mugs like you big time.

"No mate, as I said this is all about whether the manifestly inadequate compensation the the Australian people in the form of royalites or corporate taxes is going to be allowed to continue."

Well, I guess you're hoping no one bothers reading your opening post(s) on this because nowhere did you make that point at the outset. You only tried to move the goal posts once you realised you were on a hiding to nothing with your original claims.

SR,

As you are getting into your dotage you are printing more and more bollocks.

"There is widespread agreement that we are getting ripped off by the mining companies"

No there isn't. The only idiots that believe this are the same simpletons that believe Emma Alberici that there's no difference between revenue and profit.

and

"The Labor party really doesn't want to publicly challenge the system because the industry has done such a sterling job of brainwashing the likes of yourself"

Really? That's why Labor wanted to change the mining from a royalty base to a rent tax which in the first year collected less tax than it cost the government to collect. That disaster is why Labor is now silent on the issue.

Dear mhaze,

You really are retreating to imbecilic obstinance with monotonous repetivity of late.

It is in the bloody article mate:

“The tax, which only kicks in when fields are in their production phase, has long been controversial because since the turn of the century it has failed to produce significant government income despite Australia’s increasingly rich offshore oil and gas fields.”

And this was my quote from it in my original post:

“"Fossil fuel multinational Shell does not believe it will ever pay the Australian government a cent in resource taxes for the gas it draws from the country’s biggest gas project, Gorgon.

The projection about taxes on the gas, which is likely to be sold for billions of dollars a year, is contained in the company’s latest annual report, released last month, and was first reported by energy news website Boilingcold."

shadowminister,

You and Hasbeen as shills might be happy that these multinationals are taking us for a ride paying little to no PRRT, little to no corporate tax and cents in the dollar in direct royalties but the rest of us aren't.

That you both are such useful idiots for them is hardly surprising given your politics, but the rest of us care about this country and its future. These are not renewable resources and when these carpet baggers finally leave our shores without paying their share and instead shareholder pockets full of our wealth it will be because of brainwashed people like yourselves.

Shadowminister,

You ejaculate: “The vast majority of ABC viewers reside within 5km of the CBDs of the main cities with little to no diversity.”

Rubbish.

“ABC’s average weekly metropolitan reach in 2018-19 was 5.6 million people or 32.2% of the five-city metropolitan population.”

“ABC’s average weekly regional reach in 2018-19 was 2.6 million people or 35.7% of the regional population.”

http://www.transparency.gov.au/annual-reports/australian-broadcasting-corporation/reporting-year/2018-2019-30

Yup that is right you muppet, the percentage is higher in the regional areas. You know one day you might just fact check before you inflict your petty little drivel on the rest of us. This really is getting tiring. We are suppose to be in a post Trump era where facts are starting to matter again. You mate are dragging the bloody chain.

Oops, wrong thread.