Bud­get will cost dearly

Townsville Bulletin - - OPINION -

NOW we’ve seen the first Bud­get by our La­bor Gov­ern­ment we can see how much they lied about bring­ing down the cost of liv­ing.

They promised cheaper elec­tric­ity. But now af­ter the Bud­get we can see their real in­ept knowl­edge of fi­nan­cial af­fairs.

How can the trans­fer of $ 4.1 bil­lion of debt to the power com­pa­nies make mean­ing­ful re­duc­tions in the price of power and there­fore the cost of liv­ing?

This gov­ern­ment was too gut­less to tackle the prob­lem head- on so now we have power com­pa­nies with an ex­tra $ 4.1 bil­lion of debt and you know how the power com­pa­nies re­cover their debt – higher elec­tric­ity bills.

These higher elec­tric­ity bills will trickle through the econ­omy and make the price of a lot of ev­ery­day goods more ex­pen­sive.

Any busi­nesses that use a lot of elec­tric­ity will be pushed to the wall. I don’t un­der­stand how busi­nesses are sup­posed to ex­pand when one of the main in­puts ( elec­tric­ity) gets so ex­pen­sive you can’t af­ford it.

In the sugar in­dus­try that I am in our ir­ri­ga­tion costs are go­ing through the roof, while my com­peti­tors en­joy gov­ern­ment sup­port and cheaper elec­tric­ity.

Our com­pe­ti­tion must be jump­ing for joy know­ing that Aus­tralia’s sugar in­dus­try will be priced out of the in­ter­na­tional sugar mar­ket with brain­dead gov­ern­ments such as this one in Queens­land.

Be­ing a fully dereg­u­lated in­dus­try, ex­cept for en­vi­ron­men­tal reg­u­la­tion, we com­pete in­ter­na­tion­ally so we need our gov­ern­ment to pro­vide in­ter­na­tion­ally com­pet­i­tive prices for our elec­tric­ity and other in­puts. Af­ter all they were the ones who put us in this sit­u­a­tion.

GREG ROS­SATO, Home Hill.

UP IN SMOKE: The State Gov­ern­ment is fail­ing to sup­port the sugar in­dus­try in the in­ter­na­tional mar­ket.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.