Daily Mail
Elsewhere
Policy
Partners
Independent news, blogs and commentary on politics, media, business, the environment and life.
Copyright © 2012 Private Media Pty Ltd, Publishers of Crikey. All Rights Reserved.
Web development by Valegro
Editor: Jason Whittaker
Publisher: Eric Beecher
Political Correspondent: Bernard Keane
Level 6, 22 William St, Melbourne, 3000
Ph: 1800 985 502
Fax: (03) 8623 9975
22 Comments
FDOTM for PM.
This explanation is so easy to understand.
Rat Fuckers and Jesus Queens unite.
One of your better efforts FD Bravo!!
We now await your appearance on the ABC TV news as Alan Kohler’s replacement.
(He just isn’t abdominous enough to make those figures come alive like your’s.)
P.S. News just in Re: yesterday’s application for a Walkley.
It seems they prefer today’s effort.
That cartoon should be in the “Crikey Clarifier” section. Seriously. It makes so much more sense than either of the propaganda campaigns currently running.
FDOTM for PM? Absolutely - but I suspect he would still have to answer to Jasper.
I have an admission to make: I like tv ads where handsome, buff young men wearing moleskins and rugged boots get out of dusty, macho 4WDs and go striding across the land (which, admittedly, might not be there much longer if the mining activities in the background are anything to go by). I’m willing to believe anything such men tell me.
Clear as mud.
I think the miners’ receipts envelope is brown and addressed to Liberal Party HQ.
The best explanation about the RSPT I’ve heard/read so far. Its the only one so far that’s mentioned royalties or Clive Palmer’s lunch expenses.
BTW I have have an admission to make - I wear moleskins and rugged boots but sadly don’t drive a dusty, macho 4WD.
5.5 The Government pays the states an amount equal to the royalties that they would have got in the old system when they dig up the lizard holes and the other umpty squillion tonnes of dirt to send to China.
12. After another couple of centuries of sending Australia to China in boats the world becomes so top heavy that it falls over, resulting on “Down Under” becoming “Up Top. Gravity won’t be mocked.
Oh Buzz, you jest. You’re a modern woman; you can admire the view without having to listen to the commentary, or believe it.
@HoldenBack:
And, you’re right about the mining industry eye-candy.
As a friend would say: ‘Nice grouping’.
It’s more your mullets and mo’s in Perth airport, of course.
Then again. That’s probably better than a wet, smelly, abdominous hound, trying to hump your leg at the Crikey Wednesday drinks session.
Same difference, as they say in the classics.
@Holden Back
First Dog, no fog,
Kevin 10, never again.
Funniest explanation for the RSPT I’ve read but unfortunately it’s wrong!!! The 6% is multiplied by the “investment amount” not the profit. So if the return on investment is 25% then the deduction in your example is $24m not $6m so the miners pay $44m in tax not $55m. Your excuse is you’re a stupid dog and know jack s@%t about anything but drawing cartoons and licking your balls but what’s the miners’ excuse? BTW I’d like to see a cartoon of Clive Palmer licking his balls.
JamesG, I strongly suspect he misplaced them in a Campbell incident in 1987, and hasn’t yet realised that, since there is no way he could even see them, let alone lick them.
Any volunteers ?
I thought not. Any chopper pilots wanting to donate a gonad ? I thought not.
El perro príncipe de la luna: Bloody brilliant explanation of RSPT. Well even I understood it. ;? ;?
JAMESG says you’re wrong. But I say what’s ten million dollars between friends?
Ho hum.
BUZZ: You can still lust after these guys.
Just learn to know that, as with politicians, they mean the opposite of what they are saying.
ie: Yes, we have no bananas=No, we’ve got millions of bananas. Voilá.
and
Henry had only one big ball
Twiggy had two but very small
Gina had something similar
But poor old Palmer had no balls at all.
JamesG,
“BTW I’d like to see a cartoon of Clive Palmer licking his balls.”
Take that image back out of my head right bloody now!
((((Shudder))))
I don’t want to be seen licking my own balls as we used to say in the mining game but here is an article I posted on another website about the RSPT. There may or may not be a cartoon of Clive Palmer licking his own balls at the end of it.
http://www.stubbornmule.net/2010/05/resource-super-profit-tax-everything-correctly-explained-r-s-p-t-e-c-e/
KEVIN TYERMAN: couldn’t agree more.
I lost my lunch when I read it!
Ahh JamesG beat me to it.
But let’s say the mine cost you $1bn, and you make $100m (and who has ever heard of a mine that cost less than $1bn) then you pay hardly any RSPT at all. So what’s all the whinging?
Oh, that’s right, they want all Australia’s resources FOR FREE. Rape the landscape, tra-la-la-la-laaa-la, pay no taxes, fa-la-la-la-laaa-la …