HARRY 3 on Nostr: Cost of living crisis and inflation. The massive increase in energy costs. Like the ...
Cost of living crisis and inflation.
The massive increase in energy costs.
Like the cost of housing it appears this is again the failure of both Federal and state governments considering Australia is one of the largest LNG and coal exporters in the world, where overseas customers get to utilise the natural resources of Australia at a fraction of the cost to locals.
Instead of locking in long term contracts to Asian buyers perhaps Australia should have adopted the Norway model decades ago ,where the Govt and citizens own half of the resources sold.
This drastic increase in energy costs to Australians would not have occurred.
The massive increase in energy costs.
Like the cost of housing it appears this is again the failure of both Federal and state governments considering Australia is one of the largest LNG and coal exporters in the world, where overseas customers get to utilise the natural resources of Australia at a fraction of the cost to locals.
Instead of locking in long term contracts to Asian buyers perhaps Australia should have adopted the Norway model decades ago ,where the Govt and citizens own half of the resources sold.
This drastic increase in energy costs to Australians would not have occurred.