Richard Karn: Strange Bedfellows-Australia's Labour Party & the Big 3 Miners
Source: The Gold Report 7/8/10
The Gold Report's boots-on-the-ground correspondent in Australia, Richard Karn (managing editor, The Emerging Trends Report), updates us on the death of the Resource Super Profits Tax (RSPT) proposal and the birth of a new tax, the Mineral Resources Rent Tax (MRRT). Supposedly a "fair share" for all, but Karn is not convinced. Read on for his take on the new tax's implications for Australian mining.
http://www.theaureport.com/pub/na/6743
