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Dryblower reckons it’s time for the truth about the mining tax

EVER had the feeling you’re listening to a conversation between a number of people and no one is quite telling the truth? Dryblower did last week when he heard different views on Australia’s proposed new mining tax.  - more

Miners spared diesel rebate cut

AFTER weeks of speculation and leaks, Treasurer Wayne Swan handed down his fifth federal budget last night and much to the relief of miners, the diesel fuel rebate was left intact.  - more

Forrest uses Cliffs to drive home anti-tax message

A DECLARATION by iron ore producer Cliffs Natural Resources that it does not expect to pay the Minerals Resource Rent Tax is a further nail in the MRRT coffin, according to its biggest critic and founder of Fortescue Metals Group Andrew Forrest.  - more

Brace for MRRT impact: BDO

IRON ore and coal miners should prepare their books for the onset of the mining tax and adopt the most effective structure possible under the new regime, according to accounting firm BDO.  - more

Royalty dilemmas

THIS week Allan Trench considers mineral policy, specifically the subject of royalties – the compensation paid to communities for the exploitation of mineral assets – and finds room for improvement and for policy creativity.  - more

Scrap royalties rebate: Bandt

GREENS deputy leader Adam Bandt said his party would push for the scrapping of the royalty rebate in the Minerals Resource Rent Tax legislation.



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