Dutton might hold on to the straw that Coorey needs to use, however the chances would still be stacked versus him.
Frank Carroll, Moorooka, Qld
CEOs out of touch with the general public state of mind
The whingeing by Kevin Gallagher, Meg O’Neill, Shell executives and others in the oil and gas market
(“‘ Draconian, negligent vandalism’: gas defend its future”, December 17-18) highlights to me how out of touch these CEOs are with the state of mind of numerous Australians, including me who has actually operated in the oil and gas market.
It is now filled with outrageous levels of greed, entirely out of kilter with ethical and reasonable industrial negotiations.
If you take a look at Santos’ 2021 yearly report, it highlights that in eastern Australia its expense of production is $2.30 to $2.40/ GJ when transformed from $US/BOE. Even if LNG includes $2.50/ GJ in expense, charging upwards of $10/ GJ is absolutely nothing less than extortion.
A rate better to $6 to $7/GJ permits a reasonable business return with affordable rates to lots of commercial companies.
Timothy Luke, Cheltenham, SA
Bowen strikes once again
Chris Bowen has actually struck a handle the states and areas to position a cap on gas and coal rates, regardless of vociferous objections from the gas business.
He’s the very same chap who, as shadow treasurer for Bill Shorten, packed up the tax policies, which was to a big degree the factor the Labor Party lost the 2019 election.
Will lightning strike two times and will this market interventionist policy do the very same for Anthony Albanese?
Coke Tomyn, Camberwell, Vic
Polluters need to pay
It’s not unexpected that a few of our greatest commercial polluters are being called to account by environment and neighborhood groups throughout Australia (” Dear Dirty Dozen” advertisement, December 17-18).
Companies such as Santos and Glencore have actually made record windfall earnings in 2022, while paying very little taxes over the previous couple of years, according to current openness information from the ATO. Families have actually been under increasing monetary pressure as energy rates increase. Some business are resistant to rate caps that would assist the customer.
Besides, taxpayers are bearing the cost for severe weather condition occasions connected to emissions increases– brought on by the very item these business are offering.
The huge polluters require to do their reasonable share to help in reducing greenhouse gas emissions.
Anne O’Hara, Wanniassa, ACT
Tired old paradigm
The opposition’s reaction to the energy rate cap reveals it has actually found out absolutely nothing from its drubbing at the May election– it’s still stuck in the usual free enterprise paradigm no matter effects.
Leadership in a democracy needs markets to be guided, not permitted to run amok at the cost of the electorate.
Robert Brown, Camberwell, Vic
Offsets aren’t enough
I support the neighborhood groups who highlight nonrenewable fuel source polluters and hire the federal government to update the secure system (” Dear Dirty Dozen”, December 17-18). The protect system is an emissions decreases policy that ought to guarantee that huge polluters materialize emissions cuts without the unconfined usage of “offsets”.
Over to you, Chris Bowen.
Amy Hiller, Kew, Vic
True areas v blind areas
It was remarkable to check out Thursday’s editorial (” Labor’s real areas are now on program”, December 15) and question whose real areas were revealing, the ALP’s or the Financial Review‘s. There was a lot of appreciation for capital running the risk of expedition, however no reference of the opposite of the macroeconomic formula: the combatants and the underpaid labor force.
Liberally laced with emotive words– “ram through”, “huge” and “blindsided”– your leader views an excessive danger to expedition business, whereas they are aware that they are cost takers and aspect this in to all jobs.
Is this all Labor’s “fault”? The energy market was aware of the emerging legislation and had months to respond.
Do business need to underpay their personnel to make it through? If so, their company design is flawed. There are nonstop stories in the media about households having a hard time under the concern of rates of interest and costly energy. Are they to be disregarded?
A.D. O’Mahony, Indooroopilly, Qld
A plea for variety
Allow me, a routine reader of your journal, to use some criticism. It is frustrating that you pick to release a letters page just on a periodic basis.
Most of the letters released are high quality, thoughtful pieces that show the variety and understanding of your readership.
Secondly, there has actually been lately a sneaking “Sky After Dark” aspect to The Australian Financial Review Less well balanced, and more screeching writing is being released more routinely.
Hence, I ask that you reconsider your technique. Release more from your readers, tone down the rhetoric, and pursue more thoughtful viewpoints.
John Balazs, Randwick, NSW
Grandfather puzzle
Wishing Andrew Thorburn the very best for capturing his sabbatical minute far from work and spotlight (” Thorburn, under fire, goes with a year off”, December 17-18). Could your press reporters please clarify how one focuses on “ending up being” a grandpa?
Anecdotally, this grandpa of 3 discovered the job to be absolutely beyond one’s control, having actually been contracted out to those one had actually fathered a while back.
Ramani Venkatramani, Rhodes, NSW