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Labor's uranium policy hypocrisy on South Africa
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LABOR'S URANIUM POLICY HYPOCRISY ON SOUTH AFRICA - .
The Federal Government was lifting trade bans on uranium-rich South Africa while stubbornly refusing new uranium mines in Australia, Senator Grant Tarnbling said today. Senator Tambling said Labor's hypocrisy would disadvantage Australia once sanction-free South Africa re-entered world markets.
"Both South Africa and Australia have tremendous proven reserves of low-cost uranium and, as a result of recent developments, both can trade on world markets.
"However, unlike South Africa, we have a Federal Government that believes in restricting uranium production, undermining competitiveness and losing export dollars. Consequently, we have fewer development prospects and fewer job prospects."
Senator Tambling raised the uranium issue in senate Question Time today when he called on Trade Minister, Senator Peter Cook, to explain Australia's policy inconsistencies.
"I aalcod Son~~or cook how Au~trd11a l.n~enaeC1 to meet the South
African challenge and whether the Federal Government would drop its notorious three-mine uranium policy. "Amazingly, Senator Cook said there was no need for review.
"The three-mine policy makes a mockery of recent international statements by the Prime Minister _ and Foreign Minister and contradicts the Government's rhetoric about level playing fields. "I am appalled that Australia's Trade Minister is unable to recognise future trade challenges and adapt his way of thinking.
"After all, why does Australia neeq to hand over p.x~nrT rlollar~ to Lht:: rest: ot ene world? Isn't our uranium or our uranium industry good enough in Labor's eyes?"
ENDS Contact: Senator Grant Tambling 06-2773436
8.9.93 Tiz ZeFoni 06-2773436
Media Release
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LABOR'S FUEL TAX VANDALISES A MAJOR TERRITORY PROJECT
A $25 million tax bill for Nabalco - the bauxite and alumina project at Gove - h~been labelled an act of vandalism by Northern Territory Se ator Grant Tamb1ing.
St::!Hf1t..ur Tamt>11.ng said the Federal Goverrunent' 8 decision to increase excise duty on f' e1 oil by 3c t n 2c a litre, blatantly discriminated against a m jor project in remote Australia. "While Nabalco is forced t pay an extra $25 million more for power generation this yea , no other uxite operation in Australia will have to pay t x of this kin .
"One slash of the Federal Trea urer'S pen has ripped $25 million a year from the company, raised uestions abo t job security for many Territorians and further e ded investor confidence.
"The Federal Government seems to be going ou of its way to ci~l5troy futuro devGlopmcn~ Qwl mpluyrnem:; p ospects in the
Northern Territory."
Earlier today Senator Tambling raise Minister representing the Treasurer, Senate. Senator McMullan rejected cone issue as a publicity stunt.
the Nabalco issue with the nator Bob M Mullan, in the n, dismissi 9 the Nabalco
NIt is ironic how the Federal Governmen talks a~out developing the north yet at the same time ignores ur basic dependency on fuel for power generation in remote ar as," Senator Tambling said.
"Both Senator McMullan and Senator Bob Colli (does he reprS8P-nt the T~rrltory?) were playing Pontius Pilate on this issue and ignoring their responsibilities."
ENDS Contact: Senator Grant Tamblinq 06-2773436 Tiz Zeroni 06-2773436
30.9.93
