get your heads out of the clouds- obviously the gfc shed jobs in the mining industry- the industry wasnt resilent to the trauma and no one ever said so to put it into perspective -
if you sincerly feel that the arguments of the mining industry is flawed i suggest you get back to kevin07's corner and try and convince sane australians that this tax is great for our great nation whilst he is still in power-
as for your arguments that the resources super tax will not effect supperannuation and general share prices wake up to yourself seriosuly- a comapny whos botomline will be reduced by a significant amount will not affect its share price all that much? seriosuly
thats to say that they remain actively producing and exploring in australia alone. its a given that the mining industry will take a hit, and a quite considerable one of that but the roll on effect has alredy shown that uncertainty regarding this new tax system has already started to bite into consumer confidence. australia losing jobs, foreign investmenet $$$, growth, soverign risk, consumer confidence, bargaining power and needless to say a competitive advantage cannot possibly be for the best in this great nation
