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Megafauna

10,108 Posts.

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23/04/18

21:50

Post #: 32640853
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Originally posted by Megafauna ↑

Well that was quick.

The Federal Government has found a couple of million to cancell out the loss of GST.

Of course they won’t admit that it had anything to do with lifting the fracking moratorium or the royalties hit.

Now that the Territory doesn’t have to cover that shortfall there should be no reason to bring in the new royalty arrangement.

Expand

I meant to say “a couple of hundred million.”

We now wait to see if the NT government will can this new royalty money grab.

http://mobile.abc.net.au/news/2018-...mmonwealth-funding-remote-housing-gst/9687170

TNG Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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Royalties, page-50

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