Deficits, debt, etc: Bad for business, bad for the economy?
We learned last week that Joe Hockey plans to cut $70 billion from government spending (as he has to do to fund Tony Abbott’s Direct Action and parental leave policies, and to make up for all sorts of foregone revenue [...]
Some super profitable companies could pay 58 per cent tax
That’s pretty much what Wayne Swan said in this exchange on the Four Corners report on the RSPT: SARAH FERGUSON (to Wayne Swan): The Minerals Council is arguing, as are major players in the industry, that they’ll be facing a [...]
Who governs Australia?
Much more is at stake in the noise around the RSPT than whether the mining industry ends up paying more tax. A whole host of serious public issues entwined with the proposal – including but not limited to the adequacy [...]
So what if royalties (and the RSPT) are operating costs – not taxes? Guest post by John Davidson
John Davidson is a process engineer who worked in the construction and mining industries in various locations around Australia for many years. Earlier discussion on the RSPT is here and here. Last weekend Ross Gittens argued that royalties are operating [...]
Wayne Swan on the RSPT
Wayne Swan’s note on the effects of the RSPT is well worth a read. Update: John Quiggin on the RSPT.
Who are the golden geese?
By Kim on May 5, 2010
A couple of interesting pieces appeared today about the self-serving claims of the mining industry about the Resources Super Profits Tax, dutifully echoed by journos and opposition pollies, and it would now appear, Anna Bligh. Bernard Keane:
Posted in Economics, Media, Policy, Politics | Tagged abc, Anna Bligh, bernard keane, commentariat, Economics, Henry review, James Farrell, journalists, Kevin Rudd, Media, Miners, mining industry, Policy, public finance, resources, resources rent, resources super profits tax, tax, Wayne Swan | 58 Responses