winter, the rise in the Superfund contribution to 12% is not a Govt funded action but an employer funded action. This short sighted 'resource super profit tax' is both a bad scheme & a badly delivered scheme. Breathtakingly worrying is the inability of Swan & Rudd to explain how it will work, to whom & when. They even have difficulty dealing with basic understanding of what & when a profit is generated. Canada is laughing all the way to the mine gate over this debacle.
The intelligenzia in Canberra have had the Henry Review since December & the best they can come up with is this? Henry's Report was about 3 telephone books thick & the Rudd document looked like a real estate brochure.
407 thanks to 007, page-18
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