"Nothing on the opportunity cost or the threat to Government earnings if miners de-list or spend their money offshore. Nothing on the real cost to superannuation for all Australians."
sovereign risk has just gone up due to this super tax apparently we riskier than south korea now
ultimately it means that our share will be worth less
why? cost of capital = risk free rate + equity risk premium equity risk premium has just gone up result our shares are worth less
by way of simplistic example 100/8% = $1250 100/10% = $1000 shares worth 20% less
