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Gas Companies In Australia Pay Bugger All Tax

3 November 2025 9 mths

Many Australians are becoming aware that gas companies in Australia pay bugger all tax. This situation is pretty incredulous. Santos has not paid any corporate tax for 10 years, whilst it has generated revenue in excess of $50 billion. In addition, the PRRT does not raise much revenue from LPG in Australia because of the way it is structured.

Economics Fresh Government Politics Power

21 September 2024 2 yrs

Australia Is A Wealthy Nation Raising Little Tax Revenue

euro banknote collection on wooden surface

11 February 2024 2 yrs

Time To Investigate Politicians Dealing With The Fossil Fuel Industry

by Clio

27 July 2026 14 hrs

The Media & Its Role In Our Lives

Rupert Murdoch upon being questioned about Fox News and its blatant political bias defended it via these words. “It is not red or blue, it is green.” Green as in greenbacks, the American currency. Murdoch, the owner of Fox News, was telling us that the primary role of his network was to make money by exploiting the market for right wing news. The fact that Rupert Murdoch himself is a rabid supporter of right wing politics is neither here nor there, according to the billionaire businessman. I leave it to you the reader to weigh up the truthfulness of said statements. That news networks, like Fox, have left the anchoring principle of ‘objectivity’ far behind in their pursuit of viewers and advertising revenue is the real shame here. What is the point of having news platforms at all if they only tell one side of the story? It is not journalism but PR. The media and its role in our lives has been diminished by purveyors of it like Rupert Murdoch.

Culture Fresh Media News Politics Power

Antisemitism Has Been Weaponised By The Far Right As A Witch Hunt

by Clio

23 July 2026 4 dys

From Raiders & Enslavers To Right Wing Politics Today

There is a direct line through history from raiders and enslavers to right wing politics today. The fundamental belief underpinning all of these positions is that it is OK to enrich yourself at the expense of others. Further to that, the primary focus is always on your own desires and bugger the greater community around you. The Vikings are most famous as raiders, who came to other places to slaughter and pillage. They would enslave their most saleable surviving victims to enrich themselves, even more. This attitude to life and getting ahead still exists in a tempered form for right wing folk. The belief that it is a dog eat dog world and that only the strong will thrive flourishes in far right politics today.

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by Clio

22 July 2026 5 dys

The Dangers Of Our Disconnected World

We live in a segmented reality, where companies operate in their own little economic spheres. Sure, they are aware of markets and modify behaviours to some degree to take best advantage of these. However, these corporations do not act with any holistic responsibility to the greater good. AI is a tacit technological arms race in the competitive business world. Artificial Intelligence is fundamentally about replacing human beings with a cheaper and better machine alternative. The obvious economic downside of this is that when hundreds of millions of human jobs are replaced by AI, who is going to buy the products and services these companies produce? Many seemingly intelligent people know this but we do not see any slowing down of the AI revolution. This is due to the dangers of our disconnected world, where competing companies are only concerned with their own fortunes.

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Midas Word @midasword ·

23 Jul

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Midas Word @midasword ·

22 Jul

Concerning video footage has confirmed what I suspected. Sydney Swans players are hugging and embracing each other prior to running out on the field. Now, I am all for public displays of affection at the appropriate times... https://www.golfdom.com.au/hey-sydney-stop-hugging-start-contesting-like-you-mean-it/

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Midas Word @midasword ·

22 Jul

Billionaires are an illustration of a sick economy and culture. They are nothing to be proud of. If one man has the wealth of hundreds of millions of people, like Elon Musk, that is an obscenity...

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Midas Word @midasword ·

21 Jul

The reason why tech companies are the darlings of the stock market is they don’t pay out much of their revenue in wages. It is less than 1% in many instances, whereas in the past big corporations paid out some 75% of their revenue in wages...