[T] he poor design of the resource rent tax has meant little or no money has been collected. According to Treasury, “to date not a single LNG plant has paid any petroleum resource rent tax and many are not expected to pay any significant amounts until the 2030s.
Nor do the big multinational exporters of gas — including Exxon, Shell and Chevron — seem to pay much company tax. The Australian Taxation Office has labelled the oil and gas industry “systematic non-payers” of tax.
And that’s mostly how I did vote recognising that those preferences likely flow to labor. Lot of good it did.
The preferences flow to Labor because you (and others) preferenced them above the Liberals and other candidates at high enough rates for them to be declared the winner.
The system is working exactly as intended, and while not perfect, is probably one of the best in the world. The parties you voted for didn’t gain enough votes to win, so your vote went to the next preference.
It’s important to note, you preferencing parties that didn’t win doesn’t do nothing.
https://www.aec.gov.au/Parties_and_Representatives/public_funding/index.htm
This is particularly important as you only receive funding if you receive at least 4% of the vote in the electorate (which I personally think is too high a threshold and should pay out at lower numbers than that). So make sure you preference your favourite first.
Now, in practice, it’s not working perfectly. But really, we keep electing Labor (and historically more so the LNP) because people keep preferencing them, not because the voting system doesn’t work well. It works great.
The voting system isn’t at fault there, it’s that we have a corporate media landscape, mostly owned by a far right foreign national (Murdoch), and lobbying like crazy.
What we can be hopeful for, though, is that we’re not handicapped in our voting system.
I get you, it feels like you can make little difference, but it’s not the voting system that’s to blame for this.
Who said voting was to blame?
Lack of choice … and lack of anyone with the balls to govern for the benefit of the majority, and our futures … that’s the problem!
The process (voting) may be sound, but it’s still, shit in, shit out.
I’m just saying, there are options. Quite a decent amount really, by international standards. And some are pretty decent, just none perfect.
I just think the notion that there are no options of political candidates who would tax the oligarchs, isn’t true.
You asked what party could you vote for to tax them? I provided them. You said the preferences flow to Labor. And I said, well yeah, that’s the way the system works!
I feel like you’re shifting the goal posts here.
I do agree with you that things are largely cooked, though, and share your frustration that we don’t just grow some balls and tax companies and individuals like we once did.
I too look forward to a future where the people treat the government as their collective will, and not a force to be resisted and mistrusted, so we can get on with improving the material lives of all of us.
Hope this message finds you at the end of a relaxing weekend, if you had the pleasure of having it off work.