brm input to house of reps committee mrrt, page-3

Looks like Wilkie has won some relief, but when you need to invest $2 billion to RISK getting a profit it hardly seems to make any impact at all.

I think Bob would prefer that BRM worked for free and handed all shareholders returns to the Greens to set up a wind farm or two.

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In a bid to ease the burden of the tax on small miners, Mr Wilkie on a change that lifts the threshold at which miners become liable for the tax from $50 million to $75 million, and the phasing in of the tax from $75 million to $125 million.

http://www.theaustralian.com.au/business/mining-energy/super-next-front-in-mine-tax-war/story-e6frg9df-1226201244676