‘Sovereign risk’: Japan slams Australia’s cancelled projects by Labor
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- čas přidán 10. 04. 2024
- Nationals MP Keith Pitt slams the Labor government for cancelling projects it already approved with Japan noting there is “sovereign risk” to investing in Australia.
“Others benefit off the back of Australia’s resources,” Mr Pitt told Sky News host Chris Kenny.
“In Victoria it is cancelling gas … they are going backwards.
“We have seen royalty increases in Queensland that are now the highest taxes in the world on the coal sector.
“As an outcome? Well, we are seeing less investment and we are seeing countries like Japan … publicly saying there is now sovereign risk in Australia because the Albanese government cancels things it already approved.”
Bring on the next election Labor has to go.
We all said the same about the libs last time.
WEF owns all of them.
LNP INCLUDED
The ALP has destroyed all hope and future for Australia 😂
The sheeple that voted for them are complicit in that destruction...
LMP IS INCLUDED
Labor are the worst.
LNP IS INCLUDED
Labor must go
LNP IS INCLUDED
So Australia will become 3rd world like? Why does Labor hate everything and all Australian's 😢😢😢
LNP IS INCLUDED
That is what happens, when you elect socialists!
WEF puppets. Libs are just as bad.
Most of us didn't realise how far left Labor had gone & the degree of control the Greens have 😡
This is what happens when you vote for WEF lackeys. I include some members of the liberal party (yes I’m looking at you Mal Turnbull and Criss Pyne).
@@stevedurrant6112 I'm shocked this comment hasn't been hidden. Whenever I comment about the WEF it disappears.
LNP IS INCLUDED
Quite soon Labor will run out of someone else’s money! What amazes me is how fast Labor has damaged Australia! For the sake of all Australians I hope Labor is back in opposition after the next election.
With Australia's mineral wealth it won't run out soon.
@@bobherbert4365 I meant taxpayers’ money 💰! Our money!
Unlikely. People hate Dutton more than Labor.
@@traumaward4959 why?
@@scottlewisparsons9551 Peter Dutton is to controversial with his hardline on immigration, refugees and asylum seekers. Woke Australia won’t vote that way, it’s 2024 and Dutton is a relic. Plus his views on Nuclear power and lack environmental plan don’t help his cause. Petter Dutton equals a Labor government.
Our PM is so far away from reality it is unreal, the fact he can’t see logical solutions that most of us educated people can is quite distressing, the bloke at the local bottle shop could do a better job than this guy!!
Should give the chick from the fish n chip shop a go😉👍🍺🇦🇺
@@helenowen5408 100% 👍
Bruh it ain't incompetence it's sabotage he knows exactly what he is doing to this country
LNP IS INCLUDED
Did he take 2 planes to get there ?
Without peak load power their can be no industreal investment
LNP IS INCLUDED
Under this Government , so much damage done , internal and external. Worse Government this country has seen . Bob Hawke would have been disgusted .
LNP IS INCLUDED
Time to call for the federal election now!
The clowns are the same as Gillard and Rudd !
Absolutely. They walked the floor and tossed both of them out back and forth. Unbelievable they aren't doing the same to those two clowns
They have become worse actually
LNP IS INCLUDED
If Labor gets in next time then Australia is finished. As it is it may be almost impossible to save.
It’s a big worry Rusted on Labor plus young voters brainwashed by lefties plus immigrants pouring in vote Labor All we can do is cross our fingers as Australia can’t handle another Labor Green government 😡😡😡
LNP IS INCLUDED
The CEO of Alinta is wrong. Chris Bowen tells us that renewables are the cheapest form of energy and he wouldn’t lie…would he!
If renewables are the only option on the table, then its the cheapest and most expensive at the same time.😂
Renewables are cheaper only if the energy produced is used on site. 75% of typical electricity bills are distribution & transmission costs.
Alinta is owned by a Hong Kong private company, not an Aussie company.
He also said that power bills will continue to go up to cover the cost of these renewables being built everywhere.
If it's the only option on the table its the cheapest and most expensive as well, lol
yellbasleazy and liebor are the very worst ever🤬
LNP IS INCLUDED
@John-ul4hv No one could possibly be worse that yellbasleazy, ms wrong, and blackout bowen!?! Tell me one thing that liebor has done correctly and that has helped out the Australian people?! It is a trick question, as there isn't anything at all, except for their incompetence🤬
@@azzajames7661 Hi azza I am simply applying the trade pact, under the LNP. Please do your do diligence, LNP AND LABOR HAVE DESTROYED AUSTRALIA
@@John-ul4hv All politicians are in for themselves, but liebor are the worst of what we have😤
@@azzajames7661 Hi, NO. I have tried to make policies on YT , let me try and make things simple, the nat. Ant. Co. model that labor had brought in in useless, the same as (state south of queensland) anti corruption (body) is also useless controlled by the Premier. So, both LNP AND LABOR ARE CORRUPT. I would like to inform you of more .
Labor thinks taxpayers crap out money
LNP IS INCLUDED
more like commie Prime sinister!
LNP IS INCLUDED
He has to go
Good to see Keith Pitt speaking up for the people he represents.
The last Governer General did nothing and let this rot continue.. Why didn't he do anything??
He’s a Labour lovie 😜
Cause it pays nice to do fuk-all
The GG can only move if petitioned by the majority of Australians. No one is doing it.
What was the result when the GG at the time dissolved Parliament and called an election.
@@user-kr1zi7ck9g And the new one is ex Labor, and an activist.
Q: Why would you need onerous government policies to force solutions that actually cost less?
A: You wouldn't.
Well , we did vote in the Communist !
LNP IS INCLUDED
So why isn't the world & world leaders calling out Russia
For what? More whining about Ukraine?
Crime is going to keep increasing, businesses will keep collapsing, and people will keep loosing their ability to support themselves.
Either the government needs to be fixed, or there will be civil unrest.
What policy changes and legislation would you support?
@@JamielDeAbrew None. We need less regulations and less government.
@@merinsan anything in particular that you would like removed?
@@JamielDeAbrew Red tape for building, crazy rules for rental properties, licensing requirements for various businesses, local councils...just off the top of my head
Here it is Albozo🤡...
USE IT -> the 'Out' door🚪
...and take your circus 🎪 with you!
Yep....bring on the next election, indeed. The "Green Thinking" of our current government is admirable....but, like the situation with electric cars...we're just not ready to embrace it. It'll sink us first.
Enjoy your Chinese made solar panels lol
Good to hear a major trading partner say this out loud. 20+ years ago, when in the USA, the CEO of a U.S multinational explained to me that Labor is the reason why investment in AU is tiny - because Labor (the Unions) can't be trusted and have a history of destroying investment/business - Labor is AU's sovereign risk, just like third world countries have sovereign risks (civil wars, cartels, holy wars, corruption, earthquakes, floods, cyclones, riots etc), AU's is militant unions getting control of the country.
The thing they need to cancel the most is them, the Labor party !
‘Take too long’? Submarines ready in 2040? Somehow that’s acceptable?
Lifting the ban helps Australia more than just power generation, there is the mining sector, medicine, recycling and also allows other companies to start R&D and innovation in the sector creating jobs opportunities and more.
PLEASE get rid of ALP !!
If you want to guarantee the failure of manufacturing industries, run them by Government.
Not to mention this read on ABC news this morning that we have nearly completed an LNG import wharf facility! This Is like shipping coal to Newcastle or Moura! We are a mega exporter of LNG! ( Liquified Natural Gas) What next? We allow 600,OO0 people into our country when we don't have the builders and Carpenters needed to house them, rents are going through the roof. Anastasia Palaszcuzk won the Olympics for Qld, then disappeared, where are the tourists going to stay? Anna Bligh did the water recycling down the Gold Coast, still to produce any water as it rusts, plus recycling sewerage to clean to pump into dams, that hasn't been needed! If you are starting to see a pattern of waste here? Next we' be shipping in imported salt water to purify?
all part of the plan ....
Spot on comments Keith
Horrr...what the?
what an embarrassment labor is ... domestically now they're going global....bring on the next election
How about Albo put his own money up. Tax payers are fed up.
Vote One Nation
Bring on the Election, Bye Bye Albo- time to Go!
"My word is my bond" says PM. Who can trust him now?
Yes yes and yes
Plans to do poisoning of our natural fresh water supply GAB.
So, it' all going to plan then.
Just look at Chris Bowen ,,,, you wouldn't trust this man to take your dog for a walk let alone be a minister for energy or anything ,,,he has failed at everything he has done in any government??😢
Majority of people hate Dutton more than they hate Albo and Labor.
Maybe so. BUT LABOUR MUST GO.
Labour has got to go, bring on the next election.
A footnote on this article
April 24 2024 Australia News
Japan’s outgoing Ambassador to Australia Shingo Yamagami revealed concerns that Australia could lose its place as a reliable energy provider following Labor government’s gas policies.
It was a warning over Government policies following recent changes to Australia’s safeguard mechanisms with the Greens, gas price caps, changes to the Domestic Gas Security Mechanism, and higher taxes under the Petroleum Resources Rent Tax.
Japan’s imports 70 percent of coal, 60 percent of iron ore, 40 percent of gas come from this beautiful country of Australia,”
Mr Yamagami's speech was an attempt to wake the country up to the dangers and risks of the policies of our current Labor Government by Japan which is heavily reliant on our energy reliability.
This comes as Japanese gas giant Inpex's CEO has warned against Anthony Albanese's energy market policies. Takayuki Ueda said Australia's investment climate appears to be deteriorating and lagging behind the rest of the world.
Labor has attempted to keep this warning from coming to light
Australian voters the warnings about Federal Labor are coming thick and fast, it's up to you at the next election
Alp woke cancel culture
The people who have Woodside shares, are probably not those who worked in manufacturing. The top end of town still make their profits when what was once made in Australia is fully imported. The LNP is now embarrassed by its demographic bias.
Labor might renew the subsidy for our car industry. Power prices were not the reason our manufacturing went off shore. It was removal of tariff protection and subsidies.
Don’t kid yourself. We don’t have the capacity to manufacture EV’s, and the only way your scenario pans out is if it’s only for them.
Edit: not to mention the fact that all our old manufacturing facilities are either gone or too badly dilapidated to be useable, making it insanely costly to get any form of vehicle manufacturing off the ground.
@alancotterell our manufacturing also went away because Labor signed us up to the Lima Deal which gave overseas a much much better platform than Australia manufacturing
@@nathantudor5763 EV what the hell you talking about.
We had 3 major car manufacturers now we have none.
What the hell does EV have to do with this.
Your pipe dream?
@@jribeye1818 no. I’m saying if labor does what the original comment implies, they will only do it for EV’s, because they have a hard-on for them and want to get rid of petrol and diesel driven cars.
I’m on your side dude.
Car manufacturers know that eventually there will be a large decrease in demand.
Currently most people’s cars are parked for 22 hours a day. During these hours, these cars are depreciating in value.
The shift for some people to work from home has reduced car usage even further. Some people only drive a few hours a week.
Self driving taxis will change the game. Car depreciation costs will be spread across much more driving hours.
Currently a lot of land is used for car parks (including large car parks, home driveways, curb side parking etc… ). Self driving taxis will free up some of this land for other uses.
Currently, during peak hour, lots of cars only have 1 or two people. Self driving taxis will offer cheaper pricing for sharing/pooling. This will reduce congestion.
All of the above will see a reduction in car manufacturing.
Yes, some people will still choose to own cars (just like some people still own horses).
Kenny is a former Liberal Party staffer, obviously still working for them. Get rid of these disgusting Libs posing as journalists.
Never, ever believe anything that any journalist says. Go figure it out for yourself.
too bad japan is incompetent competing with China for green tech.
Hey need to get rid of Dutton first he is to evil
Labour intends to burden any new govt with these massive commitments to left green projects that cannot be unwound.
Examples - NBN and NDIS. They did it before and they are doing it again
Guys ease up, WE still are not using NUUUCCUULAAR