Mining Club Chairman Julian Malnic – Pointing the Tax Bone at Mining
August 20th, 2010
AFR.com article: 20th August 2010
Pointing the Tax Bone at Mining
Excerpt:
Last week the leading global benchmarker, the Fraser Institute’s Survey of Mining Companies, handed Australia a nasty sovereign risk report card. We flunked with a rating of “extraordinarily negative”.
It was Julia Gillard’s very own My School report and it was ugly. Explorers and miners across the wide brown land read it with fear and defeat. The mines that drive our economy cost hundreds of millions to build and the results meant capital will be harder to find, and more expensive across all Australian jurisdictions – meaning in all states.
To read the full article, see the Sydney Mining Club News Desk