rio shows how rudd has deceived us ... , page-92

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    and another thing that isn't receiving the attention it deserves: this gov't tax is changing the rules half-way thru' the game - the tax will apply to all miners including those with projects that have been established for say 10 years.
    Therefore projects costed under the known rules of the game then existing may suddenly become uneconomic.
    This is why Australia is now regarded as a high sovereign risk investment country.
    Past ALP gov. have studiously avoided going down this road so for the present incumbents to invoke this stand is highly amoral.
    and another thing, for paid employees of the ALP to get on this blog trying to defend the indefensible is beyond the pale. Why ?; because they are seriously undermining the existing social cohesion of Australia.
    There, that's my rant.
 
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