the mining tax idea is about the only smart thing they have come up with, the jury is out on the NBN at this stage
a properly structured mining tax is what is necessary to address the 2 speed economy but Swan couldn't achieve this let alone sell it to the electorate, he seemed to think any return above the bond rate was fair game which does not reflect the risks miners face
we are going to have rust belts in the manufacturing states like Vic and NSW with the high AUD and unhealthy reliance on mining income which has the potential to be very volatile.
