Somebody please tell these Labor clowns that increasing tax rates to make us the highest taxed in the world doesn't go down well with international investors.
http://www.theaustralian.com.au/business/mining-energy/santos-talks-gas-deal-with-sinopec/story-e6frg9ef-1225878161549
"Santos chief David Knox has been desperate to sign up a buyer for a 9 per cent stake in GLNG and an associated forward sales contract, to underpin a second LNG train and alleviate the need for a further capital raising. The Australian has confirmed he nearly achieved that goal a few months ago with KoGas of Korea, but the talks faltered when the proposed RSPT was announced in May."
Rudd and co. have no business experience and aren't even prepared to properly consult on the tax's design. WHAT A JOKE!
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