Recent comments by: Deregul8
Levies are wose than tax as they are applied to your GROSS earnings, whether you turn a proit or not. Make them voluntary and let innovation and entrepreneurial spirit drive research. Plenty of profits available to those who come up with solutions in agriculture.
If CBH were doing their job efficiently we would be looking cheaper storage and handling costs over time. Instead we are given price rises above CPI because the board sees fit to make a bunch of hair brain investments, Asian value adding, Newcastle terminal, trains without tracks, fertilizer, all of which must be funded. The current political model is keeping our costs high and making it attractive for competitors to enter.
WA is headed for a canola cereal canola cereal rotation. CBH will get less grain to handle because of it too.