Tag Archives: mining tax

MARK BEESON. WA provides a masterclass in what not to do with a resources boom.

It wouldn’t be too unkind to suggest that Western Australia is not considered as the national benchmark of sophisticated public policy. Indeed, the state has recently attracted much attention – and derision – for the way its policy making elite … Continue reading

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John Menadue. Tony Abbott at the National Press Club

In his speech today, Tony Abbott recycled many of his one-liners that we heard at the last election. Let’s examine several of them. First, he said that his government was a low-taxing government and that it would reduce the budget … Continue reading

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Ian McAuley. A Year Of Tony Abbott.

 The Abbott Government was elected one year and one day ago. Ian McAuley celebrates the countless successes that have slipped under the radar.  A year into the Abbott Government’s term we can reflect on its impressive economic achievements. The highlight … Continue reading

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The rich are inheriting the earth … our earth

The last budget kept our Overseas Development Assistance (ODA) unchanged at a nominal amount of $5.03 billion. In real terms that was a cut of 2.25% or over $100 million.  Julie Bishop told us that it was a contribution that … Continue reading

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Peter Menadue. Should corporations have political rights?

  There is an old legal saying that a corporation has no body to be burnt or soul to be damned.  In other words, it is just a legal fiction designed to confer limited liability upon its shareholders. Despite that, … Continue reading

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John Menadue. The cost of abolishing the Mining Tax

Just when the mining tax looks like raising some worthwhile revenue, the Coalition proposes to abolish the tax. The Rudd Government made a mess of the Resources Super Profits Tax (RSPT). We know from the Henry Tax Review and other … Continue reading

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The Miners’ Lament. John Menadue

It is only a matter of time before the miners start lamenting that they did not seriously negotiate with Kevin Rudd over his Resources Super Profits Tax (RSPT). The mining industry has always favoured rent/profit taxes instead of royalties. What … Continue reading

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