The mining industry wasny destroyed in 2015 when iron ore was $39 USD/Ton and our AUD was 14% higher than now. Doubling the royalty would mean $7/ton less for BHP, Rio etc whick would make their revenue/ton at least twice what it is now and the country $8 billion a year better off.
If you are barracking for foreign owners then please say so rather than Australia given that 86% of our mines are foreign owned. So what are ya?
