The reason Australia is the world’s largest LNG exporter is we practically give it away, and derive very little community benefit for it beyond direct employment. $92B in annual export revenue of which there’s $600M paid in state royalties, $6M in federal taxation and $0 in PRRT. You’d think that might warrant some comment from the IPA given one of its core objectives is “To maintain and enhance the Australian way of life for the next generation”.
We've got more gas than the Arabs, a minuscule population, and yet they have low gas prices and seem to be rolling in cash yet we have high gas prices. Where's the money going?
@@alistairdancepmm the shareholders of the gas companies are the main beneficiaries of Australia’s LNG exports - Woodside, Chevron, Shell, BP, Japan LNG, Origin, AGL. 82% of Australia’s natural gas production is exported as LNG - more gas is consumed liquifying gas for export than is used in the domestic market. Domestic gas supply is constrained by export volumes, not production capacity.
They kid themselves. "Distinguished fellow"???? If Abbott is a distinguished fellow, so are most people, and they do not have to eat onions or believe in extra terrestrial super beings that control your life to do so.
If you cut immigration you damage our economy. As an Aussie I am more concerned about having a strong economy for my family's benefit than your ideological position in the Culture Wars.
@@merrelthorson2224 I guess that’s your captain’s call! Perhaps you have forgotten the debacle of Abbott’s time as PM? Having been warned to change his behaviour a couple of times the Liberal Party politicians removed him from office. Abbott then proceeded to white ant Turnbull eventually allowing Scott Morrison to be PM. Morrison was bad news for the Liberals causing a loss to Labor. Now we have a further right Liberal party ceding the political middle ground to Labor and the Teals. While Tony Abbott may have contributed to the community his political ambitions, in my view, have done considerable damage to the Liberal party particularly destabilising the Turnbull government. In his desire for retribution against Turnbull he failed to consider the good of the Australian community. I suggest Abbott’s problem is too much ego compared to his intellectual capacity. I don’t think Tony has anything left to offer. Doubtless you disagree.
Right off the bat. You’re still missing the point! You say “if we’re going to make a go of renewables” etc. You, as representatives of the tax payer, should not even be trying to ‘make a go of renewables’!!! The technology still has decades of development and no matter what we do in Australia, we will had ZERO impact on climate. So stop wasting BILLIONS of our money on a flawed concept and bring back affordable energy!!! Coal!!!! And sure, add nuclear to the mix. Happy, as a tax payer, to fund that. Politicians need to remember the government has no money!! It’s all tax payer money!!!
I have a new found respect for Tony Abbott. Seems the media portrayed you only at your worst, like they do for anyone standing up against the elites. We need you as the PM, a balanced and mature outlook of reality!!
@@George-dl7gv Trump? He lies with nearly every breath. He cheated on all his wives. He stiffs contractors. He refuses to testify under oath. He apparently has had the hots for his own daughter. Need I go on?
Dinkum Aussies loathe One Term Tony, an abject failure and blatant misogynist best known for awarding the late Dukeof Edinborough a national honour! Left parliament with tail between his legs and no legacy whatever. Forget him!
There's a very good reason Abbott lost a secure LNP seat to a Teal. He was a lousy PM with a non progressive and 1990s ideology. Take your far right values and move on.
Replace AA with TA and help Australia maintain AAA credit if we still have it restore it if we don't, we need to kick the current Labor teals and greens out of Canberra and reduce wokeness, bring back the coalition and have one nation have the balance of power and restore common sense
A relative who was employed for some time in a Muslim school, had to wear a head covering at all school events. I would like to see them forced to employ an alphabet person
😂😂😂😂😂😂😂 - loooooool - gas - wait til it gets into some farmers ground water water supplies in the csg process, then there will be trouble and guess what, once its done that"s it, being under ground it can't be fixed, nor can it be mapped & in turn controlled. Forcing up the price of food and fibre which is alrsady high thanks to price gouging corporations. This is the biggest con.
Australia is actually a very generous country. We invite rich people to stake out a mining claim, OK mate, get to work, make yourself richer, everything you find under the ground is yours mate. If we need a bit of the stuff ourselves 😂we will buy it back from you mate, at your price of course😂
Wasn’t Tony a great leader of the opposition- I hear lots of gas coming from both of them - i work with international students and they are working to survive - I am so glad I clicked on this - just reinforces how so much out of touch the former PM still is
Generally speaking, in many aspects of life, loud majnority very often put in position silent majority to react if low and order doesn't equaly treat any type of protest which end up in much worse situations then at first place, definitely. Who is more loud should not be tolerated and advantage to make a point in any subject important to society rather then sound arguments, definitely. Loudness, violence, hate, is sign of weakness of proper arguments about particuler subject, definitely. 👍🇦🇺🤗🇺🇸💯❤️😊🌎 35:10
@@Papa_bear_2046 And what were his experts telling him? Its not as though these guys just spin a bottle and yolo it. If people with the totality of the government's information gathering, analysis, and integration system are hesitating (both liberal and labour are dragging their feet), maybe the issue is more challenging than "just stop oil".
