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Resources tax could be buried by result

mining

MINING industry chiefs are celebrating Labor's poor showing, buoyed by rising hopes the government's resources rent tax faces the axe.

Tax turmoil dogs foreign investors

Private equity roundtable

UPHEAVAL in the taxation landscape across mining and private equity has damaged Australia's attractiveness to foreign investors.

Coalition to resurrect Henry

Ken Henry

A COALITION government would conduct a review of Labor's review of the tax system.

Tax deal allows Rio to resume expansion

Rio Tinto, Tom Albanese

GLOBAL mining giant Rio Tinto has been partly reassured by changes to the government's controversial mining tax.

Diggers' $20m fund to 'sell' mining

Diggers & dealers

FORTESCUE Metals chief Andrew Forrest yesterday called on his fellow mining executives to better promote the benefits of the industry.

Tax reform requires persuasion

Australian Taxation Office

The mining tax has been an example of a top-down approach to policymaking.

Juniors angry over mine panel shut out

Erica Smyth

JUNIOR miners have upped their attack on the Gillard government's mining tax plans after being excluded from a policy transition panel.

Gillard's tax about political survival

Julia Gillard

THE report on the mining tax by the Senate select committee on fuel and energy, released last week, contained some interesting findings.

Small miners still unhappy with tax

Andrew Forrest

FORTESCUE Metals Group chief Andrew Forrest claims the Gillard government will be forced to redesign its mining tax after the election.

Forrest declares war on big-three

Twiggy Forrest

WELL, don't say we didn't warn you.

A win for Coalition will sink mining tax

mining

THE mining industry has the most to win, or lose, in the election, with Julia Gillard's new tax to be killed off if the opposition wins.

Miners seek to escape new tax

Wayne Swan

MINING companies are demanding that Julia Gillard move to exclude the fledgling magnetite industry from the minerals resources rent tax.

Rubbery figures hide monster slush fund

Wayne Swan

WAYNE Swan has conceded that income from the now-dead super-profits tax would have doubled original forecasts.

Real resources tax cost doubled

Graham Bradley

THE mining industry was last night breathing a collective sigh of relief at dodging Labor's resource super-profits tax.

Rio's money is where its mine is

Iron ore

RIO Tinto has returned to Australian mining project investments after the death of Kevin Rudd's resource super-profits tax.

Small miners bear brunt, says Fortescue

Andrew Forrest

FORTESCUE Metals Group has warned that emerging miners will be unfairly targeted by the government.

Miners mum on impact of new levy

Marius Kloppers

BHP Billiton has refused to disclose the total effective tax rates it will pay under the planned minerals resources rent tax.

NAB chief happy to debate bank super-tax

Cameron Clyne

NATIONAL Australia Bank chief executive Cameron Clyne would not oppose a debate on a super-profits tax on Australian banks.

OneSteel optimistic on tax deal

OneSteel

ONESTEEL does not expect the government's planned minerals resource rent tax to negatively affect the Whyalla steelworks.

Falcone dumps stake in Fortescue

Andrew Forrest

BILLIONAIRE New York investor Phil Falcone has offloaded his $400 million stake in Fortescue Metals Group over the past six weeks.

Beware of pollies bearing tax gift

Peter Switzer

SMALL businesses say the proposed company tax cuts may not make any difference in the real world.

Henry Tax Review

Kevin Rudd and Wayne Swan walk past Treasury Secretary Ken Henry at Parliament House. Picture: Ray Strange 

Forex market hits $US4 trillion a day

US dollar

GLOBAL currency trading volume has hit $US4 trillion a day as investors in rich nations move out of home markets amid economic turmoil.

Stellar growth lights fuse

PN NEWS RESERVE BANK

AUSTRALIA'S comeback on the global stage as one of the world's best-performing economies sent the sharemarket and dollar surging yesterday.

Media mogul's airline takeover delayed

Air India

A move by Indian television mogul Kalanithi Maran to take majority control of profitable no-frills airline SpiceJet has been delayed.

NBN doubts hit property developments

David Thodey

UNCERTAINTY overLabor's $43 billion National Broadband Network is causing chaos in new commercial and residential property projects.

Net censorship campaign backfires

AN embarrassing gaffe has forced a backdown over new internet laws, says Chris Kenny.

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