Productivity Commission CEO Danielle Wood has delivered a grave warning about Prime Minister Anthony Albanese’s ‘Made in Australia Act’.
“She’s raised a reservation that does exist within the business community,” Sky News Political Reporter Cam Reddin told host Erin Molan.
“The fear of zombie companies.
“Essentially, ones that you prop up with government money but as soon as the subsidies fall away that business just falls apart, it can’t survive on its own.
“She’s worried about that happening in this case and flagged that publicly.”
source
Government going into business 🤣, train wreck in motion.
The financial version of pink bats. Fitting for a Zombie PM.
So every Renewable Energy Company
Anthony “Recession” Albanese.
No volum!!!
Albanese's Motto = Australian made good. Petrol is bad bad bad!! Chinese Cobalt EV's make me want to dance! 🤸♀💃🕺
This is the Biggest Con, Distraction by Alboozzo for his Ongoing Failures !
Almost all products at woolies are packed or made in china.
They are not helping Australian producers.. quite the opposite
Albo doing a fantastic job for the wef/china
America is big in this
Remember those dangerous, over-priced rust buckets our car industry made when it lived protected from reality by government? The car makers and unions did very well. Car buyers paid too much for cars that were 10, 20, and , even 30 years behind automotive technology. Pathetic drum brakes, goat cart rear suspension, zero rust protection in doors and floor pans and not even a heater in base models. But that is where Albanese wants to return when unions were all powerful and the public all victms.
Global monopolies would be against it, lack of competition is what’s making everything so expensive.
Solar panels with lots of pork barrelling along the way.
Pigs Fly with the Communists in Labor.
https://youtu.be/rACmvoByAHM?si=29GjLiq3oCyXcjMY
When is Israel going to take back the Gaza Strip?
"We've done more than almost every other country to make up for the negative elements of it…" Have we? Really? Howard wouldn't even apologies on behalf of the government. He certainly didn't do anything to make up for it.
Zombie companies are another economic success of capitalism, are Sky News claiming to be opposed to this?
The USA is borrowing US$1 trillion dollars every 100 days to spend on all kinds of crap. It can't end well.
Corporate welfare is not supposed to be part of free market capitalism.
Crony capitalism is one reason for political donations.
Erin pretty in green. she is the girl you always wanted to date at Uni or wherever, though eluded your romantic capture. Hmmmmmm
If government is going to invest in businesses then it should be treated like other investors by getting equity in the businesses to get the rewards if any.
The connected people setting themselves up……
The left on a ave of destroying everything that makes Australia a great democratic country
The ultimate waste fraud and abuse.