"Fair Return on Resources: Pocock Pushes for Change in Australia's Export Strategy In a bid to address Australia's economic woes, Senator Matt Pocock is calling for a fair return on gas and other "industries of the future" such as critical minerals and AI datacentres. As one of the world's largest gas exporters, Pocock argues that Australians are missing out on significant revenue from the export of their natural resources. He claims that manufacturers in Australia are paying more for gas than foreign buyers, highlighting a glaring disparity in the country's export strategy. Pocock's comments come as the government faces growing pressure to reform its approach to resource extraction and distribution, with many calling for greater transparency and accountability in the industry."
Shooting of man who was allegedly armed with a firearm at a house in Narangba to be investigatedGet our breaking news email, free app or daily news podcastPocock says Australia also needs to focus on returns from ‘industries of the future’Pocock has advocated for a fair return on gas and other “industries of the future” including critical minerals and AI datacentres.I think we need to get a fair return from the export of our gas right now but we need to be looking at all these other industries that we’re told are the industries of the future, critical minerals, AI datacentres.I don’t have the specific solution to it but I think it’s the principle of how do we get a fair return on resources that belong to the Australian people?We’re one of the biggest gas exporters in the world right now. My argument is we should be getting a fair return from the export of that gas, and also lowering the price of gas here in Australia.We’re constantly being told that we have some sort of shortage of gas. We’ve got manufacturers here paying more for Australian gas than Japan is buying our gas for. Continue reading...
