A settlement on the RSPT was easy — it just involved a cave-in by the Government. Australian business will have taken note.
Resources super profit tax
Memo Julia: an ugly economy dictates an early poll
Memo Julia: fixing the mining tax is the easy deal, just give away as much as the mining industry wants, which you have done. Your next big test is in what’s happening in the markets.
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.
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.
Mungo MacCallum: Rudd and Abbbot a case of double disillusion
It will take a mighty effort indeed in his second term if Kevin Rudd is ever to recapture that first rapture of the heady Kevin07 days. And Tony Abbott will need to mature considerably if he is to be given a second chance.
Mungo MacCallum: A politician is an arse upon which everything has sat except a man
The government is in diabolical trouble. No one gets Rudd’s mining tax and Tony Abbott is now a possibility of becoming PM. Whoever you vote for, a politician always gets in, so why bother?
Who is the real beneficiary of the campaign against the RSPT?
Talk this week of a compromise on the RSPT turned out to be wrong, but check out who would really benefit from the sort of deal being pushed by vested interests
