A SECOND mining investment boom could hit the Australian economy if there's a change of government, Opposition Leader Tony Abbott says.
He says the Labor government has helped "kill'' the mining boom by implementing the mining and carbon taxes.
Unnecessary red tape for businesses and the Labor government's move to abolish the Workplace Relations Construction Commission have also helped prematurely end the boom, Mr Abbott told 2SM Radio this morning.
The coalition has promised to scrap the carbon and mining taxes if it wins the September 7 election. It's also committed to reducing the regulatory burden on businesses by $1 billion a year.
"I think the mining boom could only come again under a government which gets it ... which abolishes all these other unnecessary taxes,'' Mr Abbott said.
"These unnecessary taxes are doing us an enormous amount of damage and that's what will go there's a change of government'
