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As the miners look tough, the government looks weak

If the mining industry was a political party, it would make the current federal government look like a success story, writes Dr Richard Denniss, is executive director of The Australia Institute.

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Accessing free publicity from an uncritical media

Access Economics benefits from free publicity from the biggest media outlets in the country. And what does it do with it?

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Glencore and the cautionary tale of Zambia

While a transnational company was ripping off Zambia, the mining industry here was claiming it was a model for Australia.

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A sovereign wealth fund should be a core climate change strategy

The reality that the world faces a significant temperature rise no matter what Australia does should drive the establishment of a sovereign wealth fund.

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Labor exposed and under fire on mining tax

The steady drip of mining profit announcements will expose Labor’s half-baked position on a mining tax. And it has nobody to blame but itself.

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Mining the donations: Palmer returns as $1 million Tory sugar daddy

Billionaire Queensland mining magnate Clive Palmer ratcheted up his political donations to the conservative side of politics to over $1 million in 2009-10, despite the Liberal Party declaring his cash persona non grata mid-way through the audit period, according to data released by the Australian Electoral Commission this morning.

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The Sydney Morning Herald | FEDERAL|

The mining stoush: it ain’t over yet

The deal Julia Gillard cut last year with the big three mining companies - BHP, Rio Tinto and Xstrata - is reportedly under threat of unraveling, with the PM and the three companies embroiled in a dispute about whether refund royalties should apply retrospectively.

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Who’ll get the blame when interest rates next rise?

Glenn Stevens offered a different perspective on the “two-speed economy” yesterday. But there’ll still only be one result from the mining boom.

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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.

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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.

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One poll-driven economic disaster — NBN — remains from horrific Rudd era

With virtually every major policy initiative of Kevin Rudd very publicly abandoned, there is one almighty policy that is not only surviving, but thriving: the $43 billion National Broadband Network.

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Essential: Labor opens a lead again, asylum seeker approach popular

According to the latest Essential Research poll Labor continues to move ahead of the Coalition and has now accumulated a handy lead. Voters also approve of Julia Gillard’s shifts on the RSPT and asylum seekers.

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Media fury as government, erm, does what it demanded

The Australian and the Financial Review demanded that the Government retreat on the RSPT. Now that the Government has done exactly that, they’re giving it a flogging.

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Double-dip recession will hurt our miracle economy

While Australia’s public debt levels when compared with the US or many European nations are low, household (or personal) debt - especially mortgage debt - are among the highest globally.

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The magician’s assistant: Henry gives the game away

Treasury Secretary Ken Henry has confirmed that the changes to the government’s resource rent tax regime only reduced the revenue by $1.5 billion because commodity price forecasts were revised between the two taxes.

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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.

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Miners dig the new tax

The government has given the mining industry nearly everything it wants — and dramatically slashed the rate that would have applied under the RSPT.

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Dear Julia, back down on RSPT. Or else. Love, the mining industry

The Minerals Council of Australia has welcomed Julia Gillard to the Prime Ministership with a demand that she gut the RSPT completely, if there is to be any end to the mining industry’s campaign against Labor.

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Gillard’s first weekend on the job

Daily Media Wrap: The Australian media was littered with commentary over the weekend from an overstimulated press gallery as Julia Gillard began to settle into her new job as Australia’s first female PM.

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Rudd’s execution shows reform is dead within Labor

The fall of Kevin Rudd has much to do with Rudd’s own failings. But like Morris Iemma, he was destroyed by machine men partly because he pursued sensible economic reforms.

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Markets down as hopes fade for RSPT changes

Major Australian resources stocks fell as optimism faded about wholesale changes to the RSPT under the new PM Julia Gillard.

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ABC | COMPANIES|

Leadership spill benefits miners

Today’s Labor leadership spill might be ominous for Kevin from Queensland but it appears to be good news for overseas miners, with UK-listed shares in BHP and Rio Tinto jumping last night following news of Rudd’s political death match with Julia Gillard.

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Miners not interested in compromise: coal industry source

While there is speculation of a Government compromise on the RSPT, the mining industry has made clear it doesn’t want any deal, even on the most generous terms, according to a senior coal industry source.

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2010 election: Labor’s challenge bigger than just beating Abbott

It’s no longer Tony Abbott versus Kevin Rudd. It’s several large, wealthy transnational companies — Rio Tinto, BHP-Billiton, Xstrata, News Ltd — versus Labor.

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Rudd’s hapless communications strategy

For a government constantly accused of media management and spin, they’re pretty useless. The media has gone feral and the Government’s media contingent appear clueless about what to do.

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Womens Agenda

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