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BHP and mineral companies did (heavy media advertising) this...

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    BHP and mineral companies did (heavy media advertising) this during the Gillard era.

    The labor government will be voted out next election so it would be a waste of shareholder money to start an advertising blitz, anyone who has done manual labour knows that the Labor Government does NOT represent them. Arguably Bob Hawke was the last Prime Minister who represented the average worker.


    The Minerals Resource Rent Tax (MRRT) was a resource rent tax formerly imposed by the government of Australia on profits generated from the mining of non-renewable resources in Australia.[1] It was a replacement for the proposed Resource Super Profit Tax (RSPT).
    The tax, levied on 30% of the "super profits" from the mining of iron ore and coal in Australia, was introduced on 1 July 2012.[1] A company was to pay the tax when its annual profits reach $75 million, a measure designed so as not to burden small business.[2] The original threshold was to be $50 million until independent MP Andrew Wilkie negotiated an amendment.[3] Around 320 companies would have potentially been affected by the changes.[4]
    The Coalition, led by Tony Abbott, went to the 2010 and 2013 elections promising to repeal the tax. The Coalition won the 2013 election, and repealed the tax in 2014.
 
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