Correct title of this vid is "Fossil fuel subsidies cost Australians $14.5 BILLION" 😫😫

Meanwhile we have families on the street, cost of living is through the roof and we need 2 wage households to even try to save for a house. Man I hate our Government.

@johnmonrow9981

15 күн бұрын

Shut down the mining companies, that will surely help keep people the streets. /s

I feel like this problem would be solved if we actually raised the mining royalty rate to something actually respectable for the people like Sweden and then use the total amount for a wealth fund or even pour it into housing rn, but given how the major party governments let the mining companies walk over them I doubt that would happen without a minority government and more independents in power.

The vast bulk of the $14.5 B are tax rebates, i.e. they are NOT SUBSIDIES. A decision by government to not return a rebate is not withdrawing a subsidy, it is deliberately taxing the individual business, and is bordering on illegal. For the rebate to be removed for all businesses, will punish mining, agriculture and warehousing businesses that are not engaged in fossil fuels.

You wanna take OUR stuff for free, we get a little bit of money for the removal service then give that money right back to them when we realise that this industry is the only place I can get a job when I lose my seat.

Corporate entitlements must end.

@stanmarks3950

15 күн бұрын

Wishful thinking.

@jinnantonix4570

14 күн бұрын

Fuel credits are not an entitlement, they are a legitimate tax rebate, not a subsidy. This video is lying to you.

@Stikibits

13 күн бұрын

@@jinnantonix4570 BS! It doesn't matter which end the bilking takes place. Your strawman is fallacious, of course. It's bilking public funds for private sector interests, champ.

@jinnantonix4570

13 күн бұрын

@@Stikibits which part do you disagree with? All businesses claim tax rebates. They are not subsidies.

@Stikibits

13 күн бұрын

@@jinnantonix4570 Public servants provide PUBLIC SERVICES. It's not up to the public purse to fund private sector mumbo-jumbo; that's the role of the the PRIVATE SECTOR. Stop bludging off the PUBLIC PURSE.

in little America

Somewhat misleading title I would say. It sounds like the $14.5B is a tax credit rather than a subsidy. How much tax does Australia collect from the fossil fuel industry? If it collects more than the tax breaks, then it is hardly a subsidy.

Are those graphs accurate enough that I can make a t shirt with them printed on with confidence??

@TimBorg

15 күн бұрын

probably

Queensland is spending $30 billion on 2 batteries to back up renewables that will last just 24 hours. That's just one state. The feds just gave a billion to someone to make solar panels here despite a world glut and the fact we will never be competitive. The energy consumers of the nation and the taxpayer are subsidizing wind and solar by staggering amounts that make $14b look like spare change. I don't think we should subsidize either, but put it in perspective. The transition has been rolled out so poorly we may actually be paying the coal and gas miners and power stations to stay open long enough so the lights stay on. $14 b will look like a bargain.

Well said! Australia really does need to invest in renewables - including the important infrastructure to support the distribution of energy generated by solar and wind. We are way behind with this investment - and one of the smartest things we could do would be to redirect the funds from fuels subsidies into electrifying the country. For example, as a cost-of-living measure, the government could support low-income/low-wealth households to convert from gas appliances to electric (like induction cooktops and heat-pump water heaters).

@joepearce3033

15 күн бұрын

Climate change is a hoax. The carbon they want rid of is you....wake up

Never a why with AI. Is it that the subsidies are really super subsidies??? Its where the profits go.

@JonathanMaddox

15 күн бұрын

The whole point of compulsory private retirement savings was so that the public sector would not have to subsidise retirement incomes so much with the public pension, and so that a "market" of sorts could make investment decisions that the public sector might not. Yet here we are, with the public sector picking winners and apparently subsidising private retirement savings? But that's not what's happening at all. It would be a very inefficient way to subsidise retirees given that it selectively supports one industry sector where *some* superannuation funds invest *some* of their money, and where there are more foreign share holdings than Australian.

Didn't take long for the Golden Boy Albanese to show his true colours. His flag hung on the same flagpole as the "Opposition". So, what can we do to change the duopoly of the Fossil fuel Governments? I guess Nature will be the ultimate arbiter.

@susim4503

15 күн бұрын

Vote Green?

@kentberwick8700

13 күн бұрын

@@susim4503 Only if you're insane.

@susim4503

13 күн бұрын

@@kentberwick8700 Why? What policies do you think are insane?

@ivanf6938

13 күн бұрын

@@susim4503 Free dental. Free health care. Free child care. Build 1 million homes. Buy back all privatized utilities. Totally uncosted. Whilst at the same time shutting down all mining and a lot of agriculture. ie: the 2 biggest industries in the nation and the source of the majority of government revenue. That's not even the insane part. The insanity is they have no clue how to pay for it. The big corporates they want to tax will be long gone.

@kentberwick8700

9 күн бұрын

@@susim4503 All "climate change" policies, the Green's love of terrorists, their free stuff for everyone mantra, their anyone is a refugee policies, etc...

Great work, thank you 👍

Arguments for or against fossil fuels aside, not putting a tax that exists to fund roads on the use of fuels off-road is not by any reasonable definition a subsidy. Unsurprisingly everything that isn't driven on roads doesn't have an excise tax on it to fund roads. For example there's no special tax on computers, fruit, books, haircuts, furniture or education for example but that doesn't mean they're subsidised just because they're not being taxed to fund highways. Of course they're not, why would they be? Taxing road users to fund roads makes rational sense. Applying the same tax to other things to fund roads doesn't make sense. Just as applying tobacco excise to vegetables wouldn't make sense. Those taxes exist for specific reasons, user pays in the case of roads, to discourage smoking in the case of tobacco, they're not intended to simply be a tax on any flammable liquid or any plant. What would be a subsidy is if someone were using the roads without paying excise for doing so. That's a subsidy, it's using the infrastructure without paying for its upkeep. So whilst there are certainly arguments against fossil fuels, that off-road vehicles, including trains and farm machinery, aren't funding roads isn't one of them. To be clear, government isn't subsidising fuel. It's just refunding the road funding excise in situations where it's not used on roads eg farming, railways, mining, peak load power generation as part of the transition from coal to renewables, etc. If you're looking for things that are actually subsidised, both fuel related and other, there's a long list of them but this isn't one.

@peted3637

14 күн бұрын

You're absolutely right, but your point will be lost on indoctrinated ones.

whist i appreciate the message , I would like a more rigorous breakdown of how these subsidies occur, or at least a link to this information.

@kentberwick8700

13 күн бұрын

The majority of it is not a subsidy. They are rebates for off road fuel usage.

What gobsmacks me is any handout to individuals by government is socialist but handouts to industry is capitalism.

What annoys me is we have to pay to use our roads and rail to earn a living and make a buck (user pays) yet mining companies and fossil fuel extractors need their fuel & rail use subsidized by us so they make a buck and then super profits for their overseas owners! Why don't we (Aust) charge them for every tonne or gigalitre for example, that they take wholesale, and let them re-sell to their customers to make a buck? Business truly is just a scam in the end.

Bring on Tesla 2 and Taas!

“Coal Innovation Fund” - there’s an oxymoron if ever I’ve heard one!

It's going to cost us 3 billion a year for wind turbine subsidies paid by the Govt to wind farms by 2030.Currently 1.5 billion per annum.For 20% of Australia's power need(presently 11%)If all our power came from wind turbines which obviously isn't possible that's 15 billion per annum.Fact check me ,prove me wrong please, this isn't sustainable energy.

I'm interested to know the breakdown of FF subsidies, particularly how much for primary industry vs what mining gets

Thing is… fossil fuels actually produce energy.

Go get em girl

nothing in this country should matter more than its people if you think that giving our tax money to miners or fossil fuel companies is a good idea you really need to go and see a head doctor

Don't for get that Australia Imports $35 Billion of fuel into Australia the quicker we change to EV s the better our economy will become.

If either side of politics really wanted to make a success of renewables, they would subsidise individual households to go completely off-grid with battery backup and not allow roof top solar to feed back into the grid. Current technology will allow us to power individual homes but it can never produce the secure base load electricity needed to power a modern society. Battery backup for homes is great but not for the grid. If you want cheap reliable "green" electricity, hydro or nuclear are currently our only options. But the push to source our electricity grid from renewables is really about transferring wealth to the corporate mates of our politicians and ownership of our utilities and resources to foreign owned companies. And will ultimately lead to an electricity supply which cannot be relied upon and we cannot afford. I'm not anti-renewables - I've lived the last 26yrs completely off-grid. But I know the practical limitations of solar and wind. We have been sold a dud.

While I agree with your message, I cannot imagine the fossil fuel and industrial captives of either party becoming sufficiently enlightened to change their policies and actions to act in either the interests of Australia or more broadly, the planet.

You're lying and you know it. The diesel tax rebate in not a subsidy. It is a rebate for the diesel used off road, the monies used to build roads... well, what it is supposed to be for. Farmers, train operators, small & big business and yes, even the renewable companies get this rebate. The renewable companies use diesel machinery when they're building their projects and rightfully claim it.

@3rdrock

14 күн бұрын

you're a liar. there is no tax specifically for building roads.

@kentberwick8700

14 күн бұрын

@@3rdrock Yeah because Victoria didn't try to impose an EV road user tax to recoup the money lost on fuel taxes EV don't have to pay! FFS!

@3rdrock

14 күн бұрын

@@kentberwick8700 and how did that go for them?

@kentberwick8700

13 күн бұрын

@@3rdrock Not good. From your ABC... Victoria's electric vehicle levy is set to be scrapped - but experts say EV owners could still be TAXED in the future. The controversial road user charge - where EV drivers paid the state around two cents a kilometre - was challenged in the High Court by two Victorian electric car owners who argued the TAX was not legal as it was an EXCISE that only a federal government can impose. Tax mentioned twice. End of discussion.

@3rdrock

13 күн бұрын

@@kentberwick8700 I take it you are not a Greeny, then? 🙂

Yeah, that fuel tax credit.... Maybe you should explain what it is before you tell half-truths about it. Basically it is the reimbursement of the fuel excise charged on all fuels, that is supposed to fund roads, used in vehicles that NEVER use those roads. It's not just mines who get it, it's farmers and railways as well.

@kingsleysmith7893

15 күн бұрын

They trot this lie every year and they damn well know its a lie. Says so much about the Australia Institute!!!

@JamesFFiT

15 күн бұрын

Thanks for clarifying that:)

We did have a Windfall Tax But Tony Abbott but a end to that Remember 🤔

@kentberwick8700

14 күн бұрын

How? The senate blocked any cuts he wanted to make? It was Rudd/Gillard who wasted our biggest mining boom.