"VG, following your logic, every man and his dog should own the rocks. Why stop there? Your house is made of rocks, is it not? Then I want my fair share too!"
Thats exactly my point! every man and his dog does own our nations resources. Correct me if i am wrong, but my understanding is that in general minning companies lease the land that they mine, not own the resources. As for my house i purchased the raw material and paid for the labour to construct it, as for the land that it sits on i own only the top soil ( and if theres gold sitting under that i dont own it!)
I am all for the minning sector making as much money as they can, But there has to be some give.
As for a better business enviorment in china what do you propose, we match there wages/working conditions.
"Guess what happens when Australia is not even a hole in the ground?
KABOOM"
Doesnt this lack of diversity in the economy worry people?