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Kevin Rudd to Face Tough Questions in Labor Caucus

By Joel ScanlonJun 15 2010

Australian Prime Minister Kevin Rudd will face questions in Labor caucus today on the handling of the Resources Super Profits Tax or RSPT. The government is standing by its proposed 40% tax rate and its application to existing mining projects in the country.

The last sitting of parliament a fortnight before the election is going to be dominated with talks about the RSPT. West Australian federal Labor MP Gary Gray thinks that it is important to get the debate settled in the next few weeks.

The uncertainty over the mining tax will have a damaging effect on the mining industry as per Mr. Gray who is also the Parliamentary Secretary for Western and Northern Australia. The mining industry is a key wealth generator and part of the national economy.

Many feel that he and Treasurer Wayne Swan have been pushing the tax despite its potentially drastic effects on the nation’s economy. The prime minister is set to expect some tough questions about the law, its suitability and its implementation today.

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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