This could put a pin in the resouces bubble.
What you will find now is companies like BHP will choose other projects in say Brazil instead of Australia, because due to the taxation the figures no longer add up.
This = Less royalties but more importantly LESS JOBS
40% super tax, page-42
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Last
$119.07 |
Change
-4.240(3.44%) |
Mkt cap ! $44.59B | |||
| Open | High | Low | Value | Volume |
| $119.61 | $120.25 | $118.80 | $76.41M | 640.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 580 | $119.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.07 | 48 | 5 |
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| Last trade - 13.20pm 11/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |