topic Re: Why do we subsidize the mining industry in Community Spirit

Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 19:04:37 GMT

to the tune of 4.5 billion dollars a year??

Why does the same "excuse" for not subsidizing the vehicle manufacturing industry not also apply to the mining

industry

It appears to me that any infrastructure the mining industry develops ie roads or railways..... have a mine at one end and a Port or refinery at the other

...... and are built for the express purpose of profit and expediency that ultimately benefits... the miners themselves.

.....especially the Uranium mining industry given Australia's unique position of holding more than 90% of the worlds Uranium raw product reserves... it's not like they can mine Australian ore anywhere else??

.... Just like mining towns are developed to lure miners and their families closer to the mines...that really only

maximises profit under the guise of "good citizenship"

http://thehoopla.com.au/mining-profits-facts/

The paper emphasizes that a large percentage of profits will be reinvested in Australia.

But a lot still makes its way overseas. Of the $37 billion profit to foreign equity owners in the 12 months to 31 March 2011, $7 billion was paid overseas as dividends or income withdrawals. Seven billion!

Some think this is state-sponsored theft. Others understand that without heavy overseas investment, the mining industry with the employment it provides and the taxes it pays, would be under-resourced at best and non-existent at worst.

Perhaps Australia would find a more acceptable middle ground if some of the handouts to the miners were subjected to some soul searching.

Since 2009, the WA Government for example, has given miners $9.2 million under an “Exploration Incentive Scheme”.

Gina Rinehart pocketed nearly $39,000. Andrew “Twiggy” Forrest took nearly $62,000.

Last year Ms. Rinehart grew nearly $1.9 billion richer. If would take her just over a minute to earn the $39,000 she took from the West Australian taxpayers.

http://greens.org.au/sites/greens.org.au/files/ending_fossil_fuel_subsidies.pdf

http://en.wikipedia.org/wiki/Rail_transport_in_Western_Australia

http://www.railpage.com.au/news/article-5777/

http://greens.org.au/sites/greens.org.au/files/ending_fossil_fuel_subsidies.pdf

The fact is that the Latrobe Valley now disused Coal mine fires is a shining example of how miners dump us once

the profitability is gone from the big hole in the ground....

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 19:06:53 GMT

Who ulimately pays the bill for blunders like the one below???

Who made the profits from the enterprise below when it was a functioning open cut mine?

http://www.abc.net.au/news/2014-02-20/officials-considered-evacuating-town-of-morwell-over-smoke-from/5272200

Emergency officials considered evacuating the town of Morwell, in Victoria's Latrobe Valley because of the acrid smoke billowing from the fire at the Hazelwood open cut mine.

The coal fire has been burning for 11 days, creating toxic conditions for the Country Fire Authority firefighters battling the blaze and local residents.

Houses, cars, gardens and even schoolyards are covered in a veil of soot.

Craig Lapsley, the Emergency Services Commissioner, confirmed on Wednesday that the State Government considered evacuating the whole town last weekend.

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 19:15:41 GMT

http://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/1301.0~2012~Main%20Features~Mining%20Industry~150

Operating profit before tax (OPBT)

Operating profit before tax (OPBT) is a measure of profit before extraordinary items are brought to account and prior to the deduction of income tax and appropriations to owners (e.g. dividends paid).

From 2008–09 to 2009–10, OPBT for the Mining industry fell by $11.9 billion or 19% to $51.3 billion (table 18.7).

The Coal mining and the Oil and gas extraction industries both fell significantly (56% and 52% respectively), which more than offset a large increase of $15.3 billion (144%) by the Metal ore mining industry.

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 19:29:52 GMT

http://www.theage.com.au/national/mines-jobs-peak-but-still-just-16-20100617-yjsi.html

EMPLOYMENT in mining has shot to a record high, but the industry remains a pint-sized generator of jobs.

Detailed employment figures released yesterday show an extra 14,400 mining jobs were created in the six months to May, roughly offsetting the number of mining jobs lost in the previous 12 months.

By contrast the construction industry piled on 40,000 jobs, the transport industry 24,000 jobs, health and aged care another 24,000 and agriculture 22,000.

Employing just 179,400 Australians, mining is outranked by all but one of the 19 industry groupings used by the Bureau of Statistics. Even ''arts and recreation'', employing 193,400 people, is a greater provider of jobs.

Somebody help me

.....Why do we subsidize the mining Industry??????

I must be missing something?????

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 19:33:55 GMT

Manufacturing continues to shrink, employing a record-low 972,000 in May - just 8 per cent of the workforce.

Mining employs 1.6 per cent nationwide.

Only in Western Australia is mining a significant employer, providing 6 per cent of that state's jobs. In NSW it employs less than 1 per cent, in Victoria less than 0.5 per cent.

The figures lend weight to a claim by Treasury secretary Ken Henry in evidence to a Senate committee last month that mining did not ''save Australia from recession'

Re: Why do we subsidize the mining industry

darksideofthemoon — Thu, 20 Feb 2014 19:38:59 GMT

My cynical answer is it is easy to sell the car industry over seas, but one can't sell a mine and move it

They are stuck with it, so they have to support it.

Re: Why do we subsidize the mining industry

spotweldersfriend — Thu, 20 Feb 2014 19:44:19 GMT

A welfare state for the rich

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 19:48:01 GMT

@spotweldersfriend wrote:
A welfare state for the rich

It appears so.... "the rich are getting richer the poor get the picture"

"The mining industry has the lowest rate of corporate tax because it has so many tax concessions," he said.

"The average is about 21 per cent, the mining industry only pays 14 per cent.

"While we have a big debate about the car industry and how much subsidies we give those, they're only getting about half a billion dollars a year whereas the mining industry gets four and a half billion dollars a year."

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 19:55:55 GMT

http://songmeanings.com/songs/view/123336/

The rich get richer, the poor get the picture
The bombs never hit you when you're down so low
Some got pollution, some revolution
There must be some solution but I just don't know
The bosses want decisions, the workers need ambitions
There won't be no collisions when they move so slow
Nothing ever happens, nothing really matters
No one ever tells me so what am I to know

You wouldn't read about it, read about it
Just another incredible scene, there's no doubt about it

Hammer and the sickle, the news is at a trickle
The commissars are fickle but the stockpile grows
Bombers keep acoming, engines softly humming
The stars and stripes are running for their own big show
Another little flare up, storm brewed in a tea cup
Imagine any mix up and the lot would go
Nothing ever happens

You wouldn't read about it, read about it
One unjust ridiculous steal, ain't no doubt about it
You wouldn't read about it, read about it
Just another particular deal, there's no doubt about it

It's a pity that Garrett lost/misplaced/cannot now interpret his moral compass

Oils on the water JJJ birthday bash

http://www.youtube.com/watch?v=AONxdnTrZSU

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 20:02:43 GMT

http://en.wikipedia.org/wiki/Blue_Sky_Mine

http://songmeanings.com/songs/view/116207/

Hey, hey-hey hey
There'll be food on the table tonight
Hey, hey, hey hey
There'll be pay in your pocket tonight

My gut is wrenched out it is crunched up and broken
A life that is led is no more than a token
Who'll strike the flint upon the stone and tell me why
If I yell out at night there's a reply of bruised silence
The screen is no comfort I can't speak my sentence
They blew the lights at heaven's gate and I don't know why

But if I work all day at the blue sky mine
(There'll be food on the table tonight)
Still I walk up and down on the blue sky mine
(There'll be pay in your pocket tonight)

The candy store paupers lie to the share holders
They're crossing their fingers they pay the truth makers
The balance sheet is breaking up the sky
So I'm caught at the junction still waiting for medicine
The sweat of my brow keeps on feeding the engine
Hope the crumbs in my pocket can keep me for another night
And if the blue sky mining company won't come to my rescue
If the sugar refining company won't save me
Who's gonna save me?

But if I work all day...

And some have sailed from a distant shore
And the company takes what the company wants
And nothing's as precious, as a hole in the ground

Who's gonna save me?
I pray that sense and reason brings us in
Who's gonna save me?
We've got nothing to fear

In the end the rain comes down
Washes clean, the streets of a blue sky town

http://www.youtube.com/watch?v=Ofrqm6-LCqs

Re: Why do we subsidize the mining industry

spotweldersfriend — Thu, 20 Feb 2014 20:16:23 GMT

http://www.youtube.com/watch?v=6w_fB7e0WCY&feature=youtube_gdata_player

Re: Why do we subsidize the mining industry

polksaladallie — Thu, 20 Feb 2014 20:22:46 GMT

Re: Why do we subsidize the mining industry

ajarnjenny — Thu, 20 Feb 2014 20:38:56 GMT

Though, there are towns in NSW, where a great percentage of the town is employed in minining and related industries.

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 20:54:02 GMT

@ajarnjenny wrote:
Though, there are towns in NSW, where a great percentage of the town is employed in minining and related industries.

Which pales into insignificance for the majority of towns in NSW where the greater percentage is involved in the

Agriculture industry and related industries

Industry sector of employment

More Regional NSW residents work in health care and social assistance than any other industry.

Regional NSW’s industry statistics identify the industry sectors in which the residents work (which may be within the residing area or elsewhere). This will be influenced by the skill base and socio-economic status of the residents as well as the industries and employment opportunities present in the region.

Nsw regional employment figures on the link

http://profile.id.com.au/australia/industries?WebID=180

Agriculture 62000

Mining 27000

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 21:03:57 GMT

Here is a good???? example of antimony mining in NSW regional areas that occurs to the dteriment of 100,000s of

hectares of agricultural land

Hillgrove

http://en.wikipedia.org/wiki/Hillgrove,_New_South_Wales

http://saveourmacleayriver.com/wp/wp-content/uploads/2013/07/Flyer_Hillgrove-Antimony-Mine_Update-June-13.pdf

While the biggest producer of jobs is Tourism or ecotourism to put it more bluntly..... more sooner than later the mining

will bugger that up....come and have a look.... while you can.... before the rest disappears

http://www.lockthenambuccavalley.com.au/the_legacy_of_antimony_mining

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 21:07:23 GMT

http://en.wikipedia.org/wiki/Oxley_Wild_Rivers_National_Park

Oxley Wild Rivers National Park is in New South Wales, Australia, 445 kilometres north of Sydney and is named in memory of the Australian explorer John Oxley, who passed through the area in 1818. The park covers 145,000 ha,[1] being one of the largest national parks in NSW.

The Park is part of the Hastings-Macleay Group of the World Heritage Site Gondwana Rainforests of Australia inscribed in 1986 and added to the Australian National Heritage List in 2007.

The Oxley Wild Rivers National Park (OWRNP) was World Heritage listed in recognition of the extensive dry rainforest that occurs within the park, and the associated rich biodiversity that includes several rare or threatened plants and animals. There are at least 14 waterfalls in the park.[2]

Google

Apsley Gorge

http://en.wikipedia.org/wiki/Wollomombi_Falls

Wollomombi Falls (pronounced 'walla mom bee'), from an Aboriginal word, are located in the Oxley Wild Rivers National Park, 40 km due east of Armidale, New South Wales and 1 km off the Waterfall Way.

At one time they were believed to be the tallest in Australia. However, recent geographical revisions place them at second or third tallest, depending on the source, after Tin Mine Falls (New South Wales) and Wallaman Falls (near Ingham, Queensland). The Chandler Falls are located to the right of the Wollomombi Falls when viewed from the main lookout. The Wollomombi Falls are formed from the Wollomombi River and the Chandler Falls are formed by the Chandler River. The Wollomomobi Falls joins the Chandler river at the base of the gorge. The rivers Chandler River is itself a tributary of the Macleay River.

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 21:10:12 GMT

http://www.smh.com.au/environment/water-issues/mines-toxic-flow-gives-river-users-a-scare-20111021-1mcay.html

A PLUME of toxic pollution from an old antimony mine appears to have killed fish for dozens of kilometres along the Macleay River in northern NSW.

The state government said there was no increased health risk because the contamination from the Hillgrove mine, east of Armidale, was diluted, but it has been ringing residents along the river as a precaution to tell them not to drink the water.

People living near the river and a tributary called Bakers Creek have found dead catfish, bass and shellfish, following recent heavy rain that caused a storage pond at the mine to overflow.

An investigation by the Environment Protection Authority began in August, and it estimates 900,000 litres of contaminated water entered the river when the storage pond overflowed.

Re: Why do we subsidize the mining industry

colic2bullsgirlore — Thu, 20 Feb 2014 21:24:48 GMT

Singleton ...another fine example of NSW mining???? cough... cough

http://www.theherald.com.au/story/1884352/pollution-link-to-cancer/

Nov. 4, 2013,

HUNTER communities are demanding the state government strengthen air pollution controls after the World Health Organisation’s specialist cancer agency ruled outdoor air pollution is carcinogenic to humans.

The Upper Hunter air quality monitoring network has issued 77 alerts for poor air quality since October 1, including four yesterday.

The Clean Air Society of Australia and New Zealand will meet in Singleton next week to discuss new information about air pollution and health, including the new report by the International Agency for Research on Cancer.

Re: Why do we subsidize the mining industry

boris1gary — Thu, 20 Feb 2014 22:22:53 GMT

Dont worry I am sure there is a reasoned and logical argument on behalf of the idle rich coming from a LNP supporter some time soon, until then....................

Re: Why do we subsidize the mining industry

boris1gary — Thu, 20 Feb 2014 22:23:53 GMT