Quote:
Originally Posted by b0son
How much more subsidy do they need? The R&D tax concessions are already quite generous.
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the subsidy for the mine may be there but the fiscal economic outcome is no longer.
I was speaking with a good friend of mine who happens to be our local representative as an independent, Geoff Brock.
the possible goal for the mine was to take the outcome a whole step further and start up a manufacturing industry in Port Pirie, everything is there, rail, shipping, land and labour.
this would have been a huge injection for not only the region but the state, with renewables, mainly home solar, on the chopping list the companies (that may have been interested) have pulled out and invested elsewhere.
South Australia has the largest take up of renewables in the country and it is not slowing, but Govco continue to put stumbling blocks in the way simply in the name of profits for multinationals.