Crikey media wrap: The mining tax, a tax that helped bring down the Rudd government, is likely to pass the House of Representatives this week, capping off a busy year of legislation for Prime Minister Julia Gillard.
Minerals Resources Rent Tax
We have a huge trade surplus: now that’s a boom
Export income is pouring into the Australian economy at unprecedented levels, thanks to the higher prices for coal, iron ore, gas, copper and other commodities.
Political snippets: Richard Farmer’s chunky bits: actions will speak louder …
Prime Minister Julia Gillard’s actual words to students at the University of Queensland this morning will be lucky to get an airing on tonight’s news.
The MRRT: what it really means to taxpayers
After weeks of questioning, Treasurer Wayne Swan admitted what appeared obvious to many — that the mineral resources rent tax will raise a lot less revenue for the government than the resources super profits tax would have.
Political snippets: Richard Farmer’s chunky bits: mischief in the offing for Greens Brown
Bob should be mischievous. Reading in today’s Financial Review how the BHP lobbyist Geoff Walsh, a former Bob Hawke adviser and ALP federal secretary, played such an intriguing role in the removal of Kevin Rudd should be enough to get Greens leader Bob Brown into a mischievous mood when it comes to making his election […]
Turnbull: Cough up the facts, Wayne
Labor’s so-called super profits tax was slashed shortly after Julia Gillard took office. But exactly how much revenue did the government forfeit to please big business? It’s time for Wayne Swan to give us the facts, writes Malcolm Turnbull.
The political maths of caving in to the miners
A settlement on the RSPT was easy — it just involved a cave-in by the Government. Australian business will have taken note.
Morning Market Report: Market up as Gillard strikes mining deal
New PM Julia Gillard has struck a deal with the mining sector. The market is up 16, but it was up 44 at one stage. The SFE Futures were up 22 this morning.
Political snippets: The Treasurer and Treasury the losers
The prestige and influence of Wayne Swan and his department suffered mightily this morning, following the scrapping of the mining super profits tax
Crikey Says: Mining tax compromise, but no deal for our most vulnerable
Crisis over. Except if you are one of the millions — yes, millions — crippled by mental illness in this country.
7 million advertising dollars worth its weight in coal
The mining industry invested at least $7 million in TV and radio advertisements for their PR war against the government’s mining tax. It was money very well spent, says Julian Lee.
