Showing posts with label supertax. Show all posts
Showing posts with label supertax. Show all posts

Sunday, June 27, 2010

Meet the Press - Jenny Macklin - 27/6/10

There's a definite disconnect there in the ALP...

People won't support Tony Abbot's parental leave system because to fund it he wants to tax big companies by 1.2 (?) percent and everyone knows that this will increase what they have to pay when they go to Target to buy their babies' clothes. (paraphrased)
Funny how she explains that prices will go up with taxation and the punters will feel the pain when it's the Liberal party increasing taxes... but it doesn't seem to carry through to a supertax on mining.

Thursday, May 6, 2010

Driving investment out of Australia, "political will", the ozone hole & AGW/CC

On ABC AM this morning an interesting interview with a conservative Canadian MP, Brad Trost, who says that Australia's proposed super profits tax will benefit Canada.

From The Australian's Business section an article which shows what this plan has already done for business confidence in the mining and exploration industry. (H/T Wand.)

Tony Abbott will use the Minerals Tax as an election issue.

Oh, and it's the 25th anniversary of the discovery of the ozone hole, and they're calling for more action on AGW/CC. Hoping for some disaster to prove AGW so that there will be panic and action... he calls it political will.

DAVID MARK: That in turn led to the Montreal Protocol that was signed in 1987. As you said that happened relatively easily. It's the exact opposite in terms of trying to come up with some kind of international treaty to stop greenhouse gases. Does your experience with chlorofluorocarbons give you any hope that a solution can be found?

JONATHAN SHANKLIN: It's quite clear that once the political will is there a solution can be found. I think the key thing is getting that political will in place. And sadly I fear that what it will take is a disaster that swings public opinion towards making changes.

Now exactly what that disaster might be, I have no idea. I hope it doesn't occur. I hope that the politicians will sign up to a binding and lasting international treaty because that would be the best solution for the present and for the future generations.
The more things change the more they stay the same.

Yesterday's AM program was mostly concentrated on the Mining Supertax.

Wednesday, May 5, 2010

Energy company warns on Supertax

An energy company in Queensland has warned that any tax rise in the mining industry will be passed on to Australians.

Prices will rise as much as 25%, or more. There is no way that costs will be absorbed by the industry, and they will pass it on.

This is not only going to affect the power bills, but will also increase the price of petrol.

Gee, thanks Kevin, for looking after working families.

I can't find any links at the moment, but it was on the 6 o'clock news on Seven.