Mining Tax an 'Election Fix' Says Abbot

Leader of the Opposition Tony Abbot has called the mining tax an election fix saying that the Gillard government lied about reaching the agreement on the mineral resource rent tax (MRRT) to secure an election victory. This was in response to the three mining giants BHP Billiton, Rio Tinto and Xstrata having a meeting this week to consider abandoning the deal.

The mining trio feels that the government is backing away from a key provision of the July 2, 2010 agreement regarding all state royalties being offset by the MRRT. The government says that the deal would be limited to state royalties which were in place or scheduled when the original resource super profits tax was announced in May.

The mining tax seems to be unravelling said the opposition leader speaking in Canberra. Mr Abbot said that plainly this was a government which said one thing before an election to try and win votes and is doing something quite different after the election.

He even accused the government of not telling the truth. He quoted the head of Rio Tinto, Sam Walsh saying that if you can't trust the government who can you trust? And ended with saying that this was the problem with the Gillard government, you couldn't trust it.

Joel Scanlon

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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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