Minority tyranny, the Greens and the Mining Tax
I get nervous when the Green political party starts issuing ultimatums and threatening to act petulantly when important legislation is before the national parliament.
This morning the Green political party's leader, Bob Brown, threatened to reject the Gillard Government's Minerals Resource Rent Tax legislation if it is amended and projected [...]
Crunch time looms for tax on mining super profits
It’s close to crunch time for the Gillard Government’s Minerals Resource Rent Tax, (MRRT).
The legislation is now under consideration by the Parliament and the votes of key independent MPs Tony Windsor and Andrew Wilkie will be critical to its passage. Neither of these votes is tied up yet, with Tony Windsor wanting more action from the government to determine the environmental safety of and protocols for extracting coal seam gas before the industry is permitted further [...]
Time is right to make mining wealth common wealth
Australia has avoided the worst effects of the Global Financial Crisis largely because of China’s continuing high demand for our minerals and the Rudd Labor Government’s $42 billion stimulus package.
The resource rich areas of our country are doing well, while other parts of the economy and many Australians are still hurting.
Under our federation, the more populous and wealthier States, New South Wales and Victoria, have generally subsidised the other [...]