“Labor has tried to defy all history … every historical example of price caps of this nature has failed,” Mr Canavan told Sky News Australia.
He said energy manufacturers are suffering an “investment strike” from private sectors as producers don’t want to “be beholden” to the “draconian” policy.“If we don’t have investments today, we won’t have gas tomorrow.”
Source: News Formal (newsformal.com)
87% tax on these ghouls in Qatar, similar in Norway etc. These clowns need to be taxed into the ground or nationalized. Disgraceful having these UnAustralian predatory corps in AUS
Forgotten fact lost on Mario is retailers have been doing this since early 2022, back when his stooges were in power. Retailers are *still* taking advantage of the gas shortage caused by🇺🇸's war sanctions by sending gas overseas instead, not news. Time to re-nationalise energy.
Guess the gas cartel is what, refusing to supply gas now? Then they should lose the lease. Plenty of gas companies in the world would jump at the chance to take over.
It’s not a mistake, it’s on purpose!
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