Stephen Mayne
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Appearances Over Time
Podcast Appearances
And he's a very well-regarded guy.
I think you'll have a good chat with him because their AGM is coming up.
And I've been to their last two or three AGMs.
They're an interesting company.
The other stats you hear is like their refinery in Geelong does 120,000 barrels a year.
And the biggest in the world is in India, which does 1.2 million barrels a year.
So...
Our biggest refinery is one-tenth the size of the world's biggest refinery.
So we had seven at subscale.
Even the biggest one in Singapore is 600,000 barrels a year.
So it's five times the size of Geelong.
So I did like your graph on the news the other night showing all the different refineries across the country that slowly got closed down over the last 20 years.
We used to have eight refineries.
which yeah it is a coalition i mean people like some people are angry with tony abbott for de-industrializing like uh he just happily he and hockey just let the car makers all close and it certainly was mainly under the coalition that we had most of the uh the closures and in the early days of the closures there was no government support so they had this sort of uh this sort of
Very, very hard-nosed position of not interfering, not bailing out, no handouts, let the market decide.
And it was only at the back end of the coalition government, I think Agus Taylor was the minister, where they stumped up a couple of hundred million to save Brisbane and Geelong, which were the last two, and they would have gone as well.
but for government bailouts.
And now you've got bailouts everywhere.
You've got, you know, Wyala.
You've got Gove up in FNQ.