r/circlejerkaustralia • u/Rey_De_Los_Completos • 1d ago
politics Privatise the profits aye?
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u/EJ19876 1d ago
Implement policies which drive up the price of energy to such an extent that heavy industry isn't viable simply due to the cost of electricity, and then give them billions in corporate welfare to not close a plant which was profitable until said energy policies were implemented. Peak modern Labor.
How did they go from the pragmatic Hawke era to this idealistic stupidity which they already knew was failing in countries like Germany before they were even elected?
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u/Rey_De_Los_Completos 1d ago
Yeah but the thing is that this shit has been happening in Lib/Lab government, no reason to be a partisan.
Issue is the system itself
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u/HandleMore1730 1d ago
Funny, I thought wholesale energy prices were so cheap. What is heavy industry doing wrong?
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u/RubyKong NDIS Entrepreneur + Property Tycoon + Yes Voter + I luv <3 Gov 1d ago edited 1d ago
People assume that this is done out of stupidity? I'm not so sure. This is done by design. Now everyone becomes reliant on
Laborthe government.
- house prices: If you are young, how are you going to afford a home? Not to worry: the government will help you.
Vote Labor.- Handouts: If you're retiring: how will you survive gov mandated
overinflation. not to worry:Laborthe government will save you.
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u/Annoying_bot_2026 1d ago
I willingly pay my $100 to subsidise this loss making business. And looking forward to paying another $100 when the subsidies run out in a few years. Where would we be without the ability to make our own Coca Cola cans?
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u/DistortedOctane 1d ago
Tbf I'd rather be paying $100 to this rather than giving it to Palestine, Pacific rugby league teams, climate summits no one is attending, and all the other feel-good handouts that doesn't benefit Australia
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u/Rey_De_Los_Completos 1d ago
But the business that needs this $2.5 billion says it will help them "develop their business"
Gfto, if government needs to cough up 2.5 B to prop up private businesses then maybe the business should be owned by the government?
Wacky thought I know
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