Competitive edge
The Australian natural resources industry has developed at lighting quick speed over the last 10 or 20 years and indeed it is already one of the leading suppliers in the Asia-Pacific region. However, there is a growing feeling amongst oil and gas resource companies that the Australian government is ignoring the long-term benefits to crystallise short-term returns with the introduction of a variety of new taxes and levies on the industry. This, amongst all other issues, is the one which could reduce the Australian industries competitive edge in the medium term. [click to continue…]
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