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As we approach the 10th anniversary of the rolling of Kevin Rudd, it is worth remembering that this was also the moment when Australia rolled over to the big iron ore miners, delivering billions of value to the likes of Gina Rinehart, Twiggy Forrest, Clive Palmer, Rio Tinto and BHP.

Rudd’s proposed Resources Super Profits Tax would have profoundly increased Australia’s national wealth but the campaign against it run by New York-based News Corp, UK-born Tony Abbott and the largely foreign-controlled mining industry contributed to Labor’s decision to knife the prime minister.

Julia Gillard then negotiated a compromise arrangement with the miners which produced little revenue and then the Abbott government abolished this new mining tax altogether.