Quote Originally Posted by Dick61 View Post
The problem with the exchange rate is that petrol would skyrocket with a drop in the AUD. This would also count against bigger 6's and 8's increasing their market share. The government has sold the farm and has allowed too many foriegn manufacturers into the Australian market with low or no tarriffs on imports that are made in countries with much lower manufacturing costs than Australia. This has been happening for more than 30 years and will continue until there is no manufacturing industry in this country at all, not just in the car industry.
Pretty close to the mark. There is a distinct difference between foreign investmant and foreign ownership of Australian resources and business. I seriously believe governments for many yeaqrs have completely lost sight of that simple concept, hence the horse has bolted...

Anothe faux pas I feel was the linking of our fuel prices to the Singapore market. Don't believe those for a minute who would have you believe that Australia doesn't have enough accessible crude of the right grades and/or volumes to cover our own needs for quite some time. In 2009 I was working out of Darwin for a dry season for a company that transferred crews for the NW shelf and also across to Dili to service the other side of it as well. Many of those I was in contact with were upper level management involved in both the oil and LNG. What they had to say got me thinking about it.

Problem is, in reality, who does one vote in to achieve giving the country some real stability and direction? Don't blame the voters, they only made their choice from the choices available at the time...