Letter to the Editor
Facts are beginning to overcome fear as more facts are revealed in relation to future investment in the coal industry in Australia. Last year Opposition Leader Abbott claimed that the carbon price would bring the “death of the coal industry” yet today near the introduction of the carbon price coming into effect we have seen the announcement of $96 Billion worth of future investment in the coal industry revealing the deceit of Mr. Abbott’s words.
I also note today that AWU National Secretary Paul Howes has been running around seeking federal government assistance for the aluminum industry on the same day that the Queensland government has approved a massive expansion for Rio Tonto of their bauxite mine. Presumably Rio Tinto has taken the carbon price into account and still feels that there is good profit to be made in mining bauxite, the basis of aluminum. In short the mining industry in Australia is going gangbusters and will remain so for at least the next few years. It will make many billionaires even wealthier than they already are, and thanks to the Gillard government and the MRRT it will also assist we ordinary Australians to benefit in the form of improved income.
In short Tony Abbott and his scare campaign are coming to an end as facts overtake his negative spin. When the carbon price actually enters the equation on 1st July Australians affected by its introduction will be fully compensated and in fact will be better off, not worse. The hollow tactics of frighten the public will show the federal opposition up to be a narrow, conservative party of non thinkers who are unable to formulate a policy to assist the Australian people and whose only real policy is a rerun of WorkChoices to once again shift the wealth of this country away from working families and into the bank accounts of the already wealthy.
13 Laura Court
North Queensland, 4818
Email – sne35565