Quote:
Originally Posted by Rutuu
I agree with you. Gotta go where you're wanted though if you want a friendly regulatory regime. Industry failed to recognize that, and took the attitude that they could change people's minds. They assumed they had a social licence to operate and gave up when the risk presented itself.
In my view it isn't the government's responsibility to start carrying the flag now for industry trying to win hearts and minds to keep their costs down.
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That’s exactly what the governments job is in terms of managing the economy.
Create an environment that encourages capital investment. I also don’t think they want a friendly regulatory environment they want a stable one with finality.