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Articles on Mining tax

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Fortescue founder and current non-executive chairman, Andrew Forrest has been a prominent critic of the federal government’s mining tax. The company has finally launched a much anticipated High Court challenge to the tax. AAP

Fortescue launches High Court challenge to mining tax

Perth-based mining giant Fortescue Metals Group has launched a last-minute High Court action against the mining tax, planning to argue the legislation - due to start on July 1 - breaches the Australian…
Prime Minister Julia Gillard has called on miners to accept that the resources they mine belong to the people. AAP Image/Alan Porritt

Mining could invest in a future that belongs to all of us – education

Prime Minister Julia Gillard delivered one of her strongest messages to the mining sector last night, telling mining bosses at a Minerals Industry dinner in Canberra that they don’t own Australia’s minerals…
Taxing mining: too high, and it discourages foreign capital inflow. But political lobbying can also mean it is set too low. AAP

Max Corden on taxing mining, tackling Dutch Disease and depreciating the dollar

The mining boom is making Australia potentially wealthier, but also creating problems because of the high exchange rate. What should government policies be? There are two issues, and it is very important…
There’s not much money in newspapers, but plenty of chances to promote your views. AAP

Rinehart’s media ambitions: bad news for coverage of climate change

News that Gina Rinehart has reportedly attained a 12.8% stake in Fairfax Media (and is seeking just under 15%) is bad for the Australian media environment: it potentially puts yet another billionaire in…
If we’re going to talk about how safe CSG is (or isn’t), we need to look at the full picture. AAP/Origin Energy

Coal gas seams good … until you measure the methane

The Mineral Resources Rent Tax passed through the House of Representatives last week, but not without negotiations with the Greens and independent MPs. Perhaps the most significant outcome of negotiations…
Changes to the MRRT will leave a gaping hole the revenue the tax originally promised. AAP

We’ve gained a mining tax, but lost a rare opportunity

Federal Labor’s mining profits tax was originally designed to be a redistributive measure from a very profitable section of capital to all of capital through company tax cuts. The mini-me Mineral Resources…
Cutting company tax rates reflects Labor’s continuing acceptance of a neoliberal agenda when it comes to tax reform. AAP

Here’s a novel reform idea – tax the rich

The introduction of the Minerals Resource Rent Tax into federal parliament marks the next step in Labor’s neoliberal tax reform agenda. Another example, the carbon tax, is poised to pass through the Senate…

BHP hits the sweet spot with another record profit, but can it learn to share?

Some facts about BHP Billiton. Its full year annual profit of $US23.6 billion ($A22.46 billion) is the largest ever for an Australian corporation and is double that of last year’s. It employs close to…

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