Skipperx given the additional incentives afforded to exploration I would suggest the risk has somewhat reduced for a strartup miner but not to the extent of the long term bond rate. IMO that is the intial negotiation point (the review panel including industry peers I understand is commencing which will debate this) a middle ground acceptable to both sides will likely be found.
BTW without the stimulus spending Australia would not have escaped a recession during the GFC, it was critical to boost consumer spending which accounts for about 60% of GDP. Easy to criticise now that the economy is cruising but that comes at a cost. Funny how other countries including mining countries didnt fair so well.
