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

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.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, March 19). Mining Tax an 'Election Fix' Says Abbot. AZoMining. Retrieved on November 23, 2024 from https://www.azomining.com/News.aspx?newsID=838.

  • MLA

    Scanlon, Joel. "Mining Tax an 'Election Fix' Says Abbot". AZoMining. 23 November 2024. <https://www.azomining.com/News.aspx?newsID=838>.

  • Chicago

    Scanlon, Joel. "Mining Tax an 'Election Fix' Says Abbot". AZoMining. https://www.azomining.com/News.aspx?newsID=838. (accessed November 23, 2024).

  • Harvard

    Scanlon, Joel. 2019. Mining Tax an 'Election Fix' Says Abbot. AZoMining, viewed 23 November 2024, https://www.azomining.com/News.aspx?newsID=838.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.