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Resource Super Profits Tax

Resource Super Profits tax

The Resource Super Profits tax
Like many contemporary political issues, everyone has a very strong opinion regarding the proposed Resource Profits Super Tax (RPST). But as it was with the proposed emissions trading scheme (ETS), very few of us have a comprehensive understanding of how exactly it works. Fewer still are able to appraise the [...]

Tags: 2009, australia, australian share trading, australian stock exchange, buy, cents, crash, Finance, micro cap, penny shares, small stock, Stock online, stocks

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How Too Many Levers Spoil the Economy

Posted on May 05th, 2010 in AFR, Australian economy, European Union, Greece, John Freebairn, Keynesian, Laura Tingle, Market News, Melbourne Adam Smith Club, Resource Super Profits Tax, World Economic Forum, aus, aussie dollar, australian housing market, cent, micro cap, perth, rudd

Well, we’ve given the Super Profits Tax a fair shake of the sauce bottle the last few days, so we’ll mix it up again today before changing tack tomorrow.
But before we get on to today’s Money Morning, a brief announcement…
The guys and gals at the Melbourne Adam Smith Club have been crazy enough to invite [...]

Tags: 2009, australia, australian share trading, australian stock exchange, buy, cents, crash, Finance, micro cap, penny shares, small stock, Stock online, stocks

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The So-called Resource Super Profits Tax

Posted on May 03rd, 2010 in AFR, Australian economy, Market News, Resource Super Profits Tax, Super Profits, Super Tax Policy, aus, aussie dollar, bhp, cent, government bonds, interest rate, micro cap, perth, profits, rudd, tax

We’ll stay on the same subject as yesterday. The so-called Resource Super Profits Tax.
We have to admit to laughing out very loud indeed after listening to the Fairy Ruddfather’s interview on Perth radio yesterday. But more on that in a moment…
First, the Australian mainstream press can only be described as pathetic.
We’re quite serious [...]