subsidy

Latrobe City ratepayers prop up coal industry by $10 million a year

Latrobe City ratepayers should be outraged at another level of subsidy for the coal industry that they are paying, says Greens candidate for the Gippsland by-election, Dr Malcolm McKelvie.

 "When Jeff Kennett privatised the power industry he granted them a 5 year stay on paying the local government rates - the same situation that existed for SECV. For some reason this moratorium has been extended by the State Government ever since. As a result Latrobe City Council is missing out on around $10 million every year.

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