Economy
Ferguson to meet with ‘small’ miners
Resources Minister Martin Ferguson will meet with second-tier mining company executives today to discuss the federal government’s Minerals Resource Rent Tax.
Resources Minister Martin Ferguson will meet with second-tier mining company executives today to discuss the federal government’s Minerals Resource Rent Tax.
With BHP Billiton, Rio Tinto and Xstrata forcing Julia Gillard to bend to their RSPT demands, the Government will halve proposed Company Tax for business.
BHP Billiton, Rio Tinto and Xstrata as well as the Australian Workers Union (AWU) are pleased with plans to replace the Resource Super Profits Tax with a Mineral Resource Rent Tax (MRRT).
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