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Whinge of the day thread...
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<blockquote data-quote="Mackka" data-source="post: 645904" data-attributes="member: 2446"><p>Just reading a few items on ABC News re: Foreign owned companies in Australia and results from the Australia Institute study that showed 7 out of 10 gas exporters in Australia are overseas owned and 20 ASX listing are on average 80% foreign owned.</p><p>Telstra 51% despite a 35% cap</p><p>Qantas 62% despite a 49%cap</p><p>BHP 94%</p><p>Com Bank 81%</p><p>Australian Mining Industry 81 %</p><p>No wonder we are stuffed,</p><p>Chevron during the past 7 years has earned $138 Billion in revenue and paid not one cent in Corporate Income Tax according to the Institute.</p><p>Beats Me but I am sure Goldierocks can help me out.</p></blockquote><p></p>
[QUOTE="Mackka, post: 645904, member: 2446"] Just reading a few items on ABC News re: Foreign owned companies in Australia and results from the Australia Institute study that showed 7 out of 10 gas exporters in Australia are overseas owned and 20 ASX listing are on average 80% foreign owned. Telstra 51% despite a 35% cap Qantas 62% despite a 49%cap BHP 94% Com Bank 81% Australian Mining Industry 81 % No wonder we are stuffed, Chevron during the past 7 years has earned $138 Billion in revenue and paid not one cent in Corporate Income Tax according to the Institute. Beats Me but I am sure Goldierocks can help me out. [/QUOTE]
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