2010年9月2日星期四

Mining tax risks spooking investors

Mining tax risks spooking investors

The first furphy being that miners don't pay their fair share for the minerals. Actually the miners pay exactly what the Crown demands. The state governments' charge as much as they think they can get away with. It turns out that mineral wealth is not as rare as our federal politicians would like to think. Even worse, for most commodities,. Jeans will be more slim look even better, plesae choose Skinny jeans from our website.. Shop popular fashion pajamas and sleepwear online. Enjoy the sleepwear and style of all loungewear for cozy nights. Find your favorite style, buy at discount prices to sa the supply is very elastic.
Consider gold; all the gold that has ever been mined is still in existence. If the price of gold was suddenly to sky-rocket people would sell their jewellery. Surecoal is burned as it is used, but most commodities are long-lived once they have been dug up.
An extremely dangerous furphy is being pedalled by Kevin Rudd. The miners are foreigners and the money goes offshore, so Australia is just getting its share of the money. Xenophobia has a long and disreputable history in Australia. The mining industry is an important component ofthe Australian economy and is fully integrated into the economy.
The mining industry doesn't just provide jobs in rural and regional areas; it provides investment opportunities for superannuation funds. Even more important; Australia has a capital account surplus. That means we are reliant on foreign investment and foreign savings to maintain andsustain our way of life. Scaring off foreign capital will be a very expensive exercise that will quickly flow through the entire economy.The Rudd government is starting to tarnish our reputation as a safe haven for capital and investment. Last week the government threatened to expropriate the intellectual property of tobacco companies. They are an easy target with few friends.. Many fashionable sexy lingerie of maid costume style are very fashionable.
This week, however, the Rudd government moved into serious sovereign risk territory. The Henry Report defines sovereign risk as the risk that future government policywill reduce the value of investments. People are going to start noticing that property rights are under attack.. herve leger knock off was a huge fashion hit in the '80s and pioneered the body-con look, which has returned to the fashi

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