Comments by "" (@pwillis1589) on "Multinational companies getting away with ‘blue murder’" video.

  1. Australia is one of the largest economies in the world, despite our small population. Multi-nationals will always invest here due to stable government and reliable infrastructure. Just call their bluff. There is absolutely zero evidence any corporation has pulled investment out of Australia for tax reasons.
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  2.  @AximandTheCursed  Name one multi national company that has left Australia due to tax reasons. 13 out of 195 means we are one the the largest. You have absolutely no evidence of one single word in either of your comments, but you do have a vivid imagination.
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  3.  @AximandTheCursed  Perfectly happy to deal with reality. Topshop an English based clothing retailer went belly up in Australia because in the words of its own management “it’s business model was broken”. It manufactured its goods in Asia then shipped them via the UK and then went bust because it couldn’t compete on price. It had absolutely zero, zilch, nothing to do with the local tax rates. What’s more you can still buy their crap online. I mean really they admitted when they closed up their stores they were just unable to compete in the market. Your example is fallacious. On a GDP per capita basis we are still in the top 25 economies in the world and well ahead of Canada, France, UK, Japan, Italy, Sth Korea, Russia, China, and Brazil. Some of these countries with significantly larger populations. The Australian economy continues to grow and with just a minor hiccup from the pandemic has been since 1993, in the current year over 4%. It is you I’m afraid that is not up on the facts.
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  4.  @AximandTheCursed  Sorry my apologies the 2021 GDP growth rate was over 4% the current growth rate of over 4% is only a forecast. My mistake.
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  5.  @AximandTheCursed  Iorn ore and coal exports make up less than 10% of our GDP. Yes if demand from China drops there would be a very minor drop, other markets will be found, as was what happened when they stopped taking our coal, we sold it elsewhere. All forecasts for our iorn ore exports look good. You wouldn’t be a doomsday prepper by any chance? Also inflation is a worldwide thing at the moment effecting most OECD countries it is not limited to Australia.
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  6.  @AximandTheCursed  With closer ties to India whose economy is growing at over 13% our reliance on Exports to China will be a memory.
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