financial markets worst yet to come!, page-23

I totally agree.

Introduction of RSPT was the catalyst of mining stocks fall (and ASX as a result) and worldwide mining stock prices.

I still do not know much about RSPT but this was catalyst and basic first reason of ASX down-trend.

So I said Mr Henry is pennywise person.
Their could be benefit for that but have been lost too much. Shattered mum and dad investors dream(money), losing super money, even Future Fund,etc,etc.

But government is very reluctent to amend or abolish that because if they do so it means they accept their mistake.

Regards,