on 21-02-2014 06:04 AM
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....
on 21-02-2014 07:16 AM
on 21-02-2014 07:22 AM
on 21-02-2014 07:38 AM
Though, there are towns in NSW, where a great percentage of the town is employed in minining and related industries.
on 21-02-2014 07:54 AM
@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
on 21-02-2014 08:03 AM
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
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
on 21-02-2014 08:07 AM
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.
on 21-02-2014 08:10 AM
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.
on 21-02-2014 08:24 AM
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.
on 21-02-2014 09:22 AM
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....................
on 21-02-2014 09:23 AM