Tag Archives: mining tax
A mining union is urging the Federal Government Mining Union urges federal government not to cave in on tax
A mining Union urges the Federal Government to hold negotiations with the mining super-profits tax on the source. Construction, Forestry, Mining and Energy Union has accused business of trying to bully the government and the spread of a fear campaign. NSW delegate and underground miner, Todd Hardy, says the workers want a greater share of profits in the mining boom shots. “Too much of it going into the CEO’s pockets, too much of it is just going back to business,” he says. (more…)
New Australian PM promises to end mining tax row
CANBERRA – Australian Prime Minister Julia Gillard New began her first full day in the office of a pledge of tax row threatens mining twenty billion U.S. dollars of investment and end the guarantee from Washington that 
Australia was committed to Afghanistan. Australian Labour government appointed Prime Minister Gillard on Thursday fearing defeat in elections later this year as voters deserted incumbent Kevin Rudd on his handling of the load line and a failed mining climate. (more…)
Sundance Jones Gillard says will change Mining Tax
There is “no doubt” that Julia Gillard, who repressed as Kevin Rudd Australian Prime Minister today will change the government 40 percent tax on mining projects proposed, Sundance Resources Ltd. said. “I would not be surprised by the end of day when they announce the current proposal is withdrawn,” incoming chairman George Jones told. “There is an acceptance within the mining industry, which is a revision of these fees going to happen.” (more…)
China’s Vice President Xi Jinping Continuation of a Major Trade, Investment and Mining Tax to Australia.
China’s Vice President Xi Jinping is the continuation of a major trade and investment to Australia. Dr. Xi has held talks with Prime Minister Kevin Rudd ahead of a conference attended by some of the most powerful industry figures from both nations. After friendly banter with Mr Rudd, some discussions have included a proposal for a new federal government mining tax, which caused investor uncertainty, also in China. (more…)
Kevin Rudd: Hunt on for missing mining chiefs
Prime Minister Kevin Rudd says Australian authorities will leave “no stone unturned” in their efforts to six Australian mining executives whose plane disappeared into the dense jungle in West Africa to find. The six men, including billionaire magnate Ken Talbot, were among 11 people aboard the aircraft chartered by Perth company Sundance Resources in the past on the missing Cameroon on Saturday. An aerial search of the route of the aircraft at night to turn up any sign of the missing plane. (more…)