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Feature: Lead up to the tax deal on mining's 'super profits'
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Former Prime Minister Kevin Rudd said the night before his stepping down that tax reform is never easy. When he first introduced plans to reform Australia’s ...
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Gillard’s tax changes appease major miners
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Prime Minister Julia Gillard announced that discussions with major mining sector players have resulted in a significant reworking of the original Resource ...
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Gillard’s tax changes appease major miners
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Prime Minister Julia Gillard announced that discussions with major mining sector players have resulted in a significant reworking of the original Resource ...
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Government may make further concessions to iron ore miners
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The Government’s new framework for mining taxation has received a wide range of responses from the industry mostly in cautious support for the plan. It has ...
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Tax compromise good for miners but not wider business community
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Professional services firm, Deloitte, has welcomed the Federal Government’s remodelled mining rent tax and the expansion of the scope of the Petroleum Resource ...
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FMG reveals framework for deal with Rudd
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In a speech on June 29th, Fortescue Metals Group (FMG) CEO, Andrew Forrest, said Julia Gillard must ensure her Government achieves a substantially improved ...
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Tax deal with miners too good to be true?
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The Federal Government has produced some details of the revised economic forecast it used in arriving at its compromise with miners over an impending resources ...
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WA Index continues downward trend in June
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For the month of June, the market capitalisation of Western Australian listed companies which comprise the Deloitte WA Index decreased by $2.9 billion ...
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Coal industry says rail bid ‘ticks all the boxes’ but AMWU disagrees
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The Queensland Coal Industry Rail Group’s $4.85 billion cash offer for the central Queensland coal track network ‘ticks all the boxes’ according to the ...
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Resource exploration rebate falls well short say geoscientists
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The AIG (Australian Institute of Geoscientists) said whilst it welcomes the concept of a Resource Exploration Rebate (RER), as announced by the Commonwealth ...
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South Australian mining industry fears being stranded by new tax
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South Australia’s peak mining lobby says up to A$40 billion worth of mining projects could potentially be left stranded because of the Federal Government’s ...
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Assumptions of RSPT may not stack up in the real world: study
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A report commissioned by the Minerals Council of Australia (MCA) and produced by KPMG, has found that the proposed Resource Super Profits Tax (RSPT) could lead ...
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Industry responses to State Budgets: NSW and QLD
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Rocketing royalty payments from the mining industry will dig the NSW Budget out of deficit, and show that in Queensland the sector is paying its fair share, ...
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Approvals Alliance to fast-track project approvals
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An innovative new service has been launched to help Western Australian infrastructure and resource projects cut through the regulatory clutter to achieve ...
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Government holding firm on mining super tax proposal
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Prime Minister Kevin Rudd has told the media that the Government needs to “hold its nerve and show unity” in regard to the Resource Super Profits Tax which he ...
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Majors appeal to shareholders on government tax plan
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The chairman of BHP Billiton, Jac Nasser, has again issued a letter addressed to shareholders, designed to keep them informed of the company’s concerns about ...
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New State agreements with iron ore majors
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After twelve months of discussions the WA Government has reached an historic new agreement with BHP Billiton and Rio Tinto about iron ore royalties for fines ...
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China tapped for $11 billion resources investment
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China is to pour about $11 billion into Australia's port, rail and mining projects in a deal signed on June 21st by Prime minister Kevin Rudd and China’s vice ...
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Feature: What now for the tax on mining’s super profits?
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Former Prime Minister Kevin Rudd said the night before his stepping down that tax reform is never easy. When he first introduced plans to reform Australia’s ...
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Will leadership change mean changes to proposed mining tax?
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That’s the question everyone in the industry will be asking after Julia Gillard was announced as Australia’s new Prime Minister on June 24th, with Kevin Rudd ...
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Industry speaks out on government taxation plans
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The chiefs of Australia's biggest mining companies and a host of others within the industry have made statements in recent days, criticising Prime Minister ...
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Austmine Board denounces Resource Rent Tax
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Australia risks rapid erosion of its world-leading mining knowledge and skills base, the foundation of a $A40 billion technology and services (MTS) sector, by ...
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Small miners could be winners from Henry Taxation Review response
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Big miners are the losers and small explorers could be the winners from the Federal Government’s response to the Henry Taxation Review announced on May 2nd, ...
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Budget based on “heroic” mining assumptions: BIS Shrapnel
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Industry analyst and economic forecaster, BIS Shrapnel, has questioned Treasury’s outlook for engineering construction in the 2010/11 Commonwealth Budget.
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Resources tax will hurt the very people it’s meant to help: iron ore chief
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Atlas Iron managing director David Flanagan has warned that the Prime Minister’s tax plan would have inflict significant pain on the working families he ...
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Karara rail line project moves towards construction
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Construction of another major iron ore railway in Western Australia’s Mid-West has moved a step closer with the introduction to State Parliament of the Railway ...
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Survey: Institutional investor anger over resources super profits tax
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The Federal Government’s proposed Resources Super Profits Tax (RSPT) will drive investment away from Australia’s resources sector according to 21 major ...
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“Dear Shareholder”: BHP letter sets the record straight
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Chairman of BHP Billiton, Jac Nasser, issued a statement on May 17th, addressed to the company’s shareholders, in which he expressed concern over the ...
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QR divestment – the case for a different model
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The Queensland Resources Council’s Michael Roche spoken at a recent industry event about the need for industry to have more of a say in the ownership of QR's ...
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Australia’s strong share of developing projects at stake with proposed changes
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The Australian Government’s proposed 40 per cent super-profits mining tax will clearly impact calculations on doing business in the country, said Metals ...
