Posted on May 12th, 2010 in aus, aussie dollar, australia investment, australia market, Australia Stock Market, australia stock market news, australia stockmarket, cent, micro cap, perth
Australia’s tax battle over resources ‘golden goose’
Australia’s proposed new tax on mining profits has prompted a fierce struggle between the industry and the government for the extraordinary riches of the Asia-led commodities boom, analysts said.
Prime Minister Kevin Rudd’s plans to impose a 40 percent levy on the so-called “super profits” of resources firms was met [...]
