The battlelines are well and truly drawn over the federal government’s proposed resources super-profits tax. In one corner we have the Gillard government, which believes miners should distribute more of their wealth to all Australians.

In the other corner we have the miners who believe the new tax will threaten Australia’s competitiveness, jeopardise future investments and thousands of jobs. We have already witnessed a number of miners mothball up and coming projects, so where to from here?

Stay tuned to MiningNewsPremium which provides subscribers the latest news on the RSPT and its impact on Australia’s most important industry, the mining sector.

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