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**PhillipHer** · 05-04-2010, 06:12 AM

Will a 40% mining tax kill the resources boom?
Australia Calling

On 3 May Prime Minister Kevin Rudd announced a new 40% tax on the profits of the mining companies (all foreign owned) that have been plundering Australia's resources at pennies on the dollar. Will it kill the resources boom that has been sustaining a deindustrialised Australia?

Click HERE to listen.

05-04-2010, 06:12 AM	#1
PhillipHer Join Date Jun 2008 Age 58 Posts 4,481 Senior Member	Australia Calling - Will a 40% mining tax kill the resources boom? Will a 40% mining tax kill the resources boom? Australia Calling On 3 May Prime Minister Kevin Rudd announced a new 40% tax on the profits of the mining companies (all foreign owned) that have been plundering Australia's resources at pennies on the dollar. Will it kill the resources boom that has been sustaining a deindustrialised Australia? Click HERE to listen.
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