miner give 13 billion big thumbs up to labor , page-43

the issue for small miners appears to be one of the cost of capital.

apparently the extra tax burden ads more risk so banks want higher interest rates

the result of this is that a lot of projects will not get up and running.

In the end Labor may get it's tax but it will kill off any incentive to grow the industry which means it will kill off the mining boom.

as joe hockey said at the national press club yesterday
Labor tries to handicap and slow down are best runners. the Coalition tries to get the best performance possible from our best runner and hopefully bring along the rest of the economy.