The new Australian Prime Minister Julia Gillard is learning first hand about the pressure that forced her predecessor Kevin Rudd to quit. The mining industry has been after her to 'jumpstart' talks about the proposed mining tax so that negotiations can get underway.
As a measure of good will the Association of Mining and Exploration Companies had suspended the anti-tax campaign which it was running for a period of two weeks. This was the grace period allotted to the new Prime Minister who promised to revise the law and come back to the negotiation table with a more practical and workable option.
However the association's chief executive, Simon Bennison has aired his doubts about the government being able to do this. He said he had really serious doubts about the government’s commitment to finding a workable solution in the four days that they have left.
The Minerals Council of Australia is keen to sort out the tax problems before the elections which are expected between August and December this year. While Ms. Gillard had said she wants to resolve the issue, she has not set any timing for the debate.