ADANI has rejected the idea of letting the Federal Government construct its proposed rail line in the Galilee Basin despite concerns the Indian conglomerate might monopolise the infrastructure.
I was a huge supporter of retaining our Auto manufacturing industry but to coin a phrase "to compare the two there is no comparison"
In the case of Adani we are talking about a LOAN, a loan that has to be paid back with interest.
In the case of of the Auto industry it was a SUBSIDY which generated no direct return to the Government, a point which Abbot and Hockey were able to exploit in their attack on Holden and Toyota. Many people (including me) tried to point out in vain that the overall benefit to the economy far outweighed the cost to the government.
The only think I don't like about this project is the possible harm to the Great Barrier Reef and the mega tonnes of carbon 'pollution' from burning mega tonnes of coal.Same here Mike although with one caveat - there has been much reporting recently of the horrific air pollution problems in India (which affect us all in the long term) and one of the main contributors is burning of various types of low grade fuels for cooking and heating.