Government fudging the figures to push the usual agenda. This will increase prices hugely and lower reliability just as it has in SA. Luckily a change of government will likely occur.
Can you explain how it will do those two things?
Very simplistic. Increasing taxes for multi nationals simply increases costs to the consumer as they are required to continue to increase shareholder value.
For example the governments recent bank tax is simply an increase of our tax under another name.
Because of the cost of new infrastructure and because of the inconsistent nature of renewables. Storage is also required and this is conveniently left out of the costing.
SA has proven this to be true.
That is perhaps theâŚ
No, look. Fine.
Okay.
Well, not likely under this mob. But they have squandered more millions in funding an ad campaign saying that they are.
So that should do it.
A bit like the BP ads saying they have to do well because people invest their super in it.
They did change the transfer pricing rules. Dunno how serious they were about it though. Apple, who are one of the worst culprits when it comes to avoiding Aust tax by complex international financial shenanigans, reported yesterday that the new rules will have precisely zero effect on them. And if they can weasel their way through loopholes in the new laws, so can anyoneâŚ
I admire your ability to continue to not only believe, but also perpetuate falsehoods.
It has been proven and explained time and time again that the national energy grid, wet lettuce regulation, poor quality of cheap, privatised infrastructure and federal government indifference and inaction coupled with a lobbyist driven propping up of the fossil fuel industry has led to increased prices and lower reliability.
But please, carry on.
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And what is the cost of status quo as a comparison or your preferred model?
Compare every other state to SA. Itâs actually great to have a current example that proves this even though this will be denied.
So, staying as is and avoiding an SA style model, I should expect my prices to double by 2020/21?
Youâre right. Itâs great to have an example that proves the national energy grid, wet lettuce regulation, poor quality of cheap, privatised infrastructure and federal government indifference and inaction coupled with a lobbyist driven propping up of the fossil fuel industry has led to increased prices and lower reliability.
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Lol
This poster was apparently a tacky stunt by SSM advocates
The ATO is claiming a big win on Chevron transfer pricing. Australia has been active in the OECD efforts on multinational tax transparency via the Global Transparency Forum which sets standards and reviews tax legislation in around 130 countries. This assists in combatting tax evasion/avoidance and is a start, although repatriation of capital seems to be a problem. There is more legislation coming from the Budget measures and we should expect ongoing litigation.
The IT sector is under the pump in the current Senate inquiry. OâDwyer is suggesting that the government should not give contracts to the sinners.
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Funny they were picked up on the rule that has been there for many many years.
Tax avoidance. Setting up your interests in a way for the pure purpose of avoiding tax.
Mr Vesey said customers expect power companies to supply energy sustainably, and AGL believed long term the companyâs âability to emit carbon into the atmosphere is going to be constrainedâ. It had set up the $3 billion Powering Australian Renewables Fund rather than invest in new coal plant.
But he said problem for coal power plants was that their economics had not improved in 25 years, and they repaid their capital over 30 or 40 years.
In contrast, the price of wind turbines had fallen 40 per cent and the price off solar power had fallen 80 per cent.
Even with storage backup renewables were becoming more competitive than coal plant.
The reason is the wind turbines, solar panels and batteries are manufactured, and their prices fall as more volume is manufactured, whereas each coal power plant is a bespoke build.
âHow many are you going to make? Theyâre bespoke. Prices of large scale generation plants havenât moved in 25 years,â Mr Vesey told Energy Week 2017 in Melbourne.
But for solar and wind, âThe more you make the cheaper it gets.â
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Is the organisation at the bottom of the poster not a thing?
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Yeah well, the poster is real from some nutty US group
But seems like an SSM advocate printed it off and slapped in on a Melbourne wall and uploaded âhey look at thisâ on social media and shitstorm ensures
Not quite what the media was portraying