"The changes, announced by Prime Minister Julia Gillard this morning, include reducing the headline rate of the tax from 40 per cent to 30 per cent.
* Tax renamed the Minerals Resources Rent Tax
* Will only apply to iron ore and coal
* Iron ore and coal will now be subject to a new tax at a rate of 30pc instead of the original 40pc
* Tax will kick in at the government bond rate plus 7 per cent, which would be around 12 per cent
* Oil and coal seam gas to be rolled into the existing Petroleum Resources Rent Tax and taxed at 40pc
* Changes mean the Government loses $1.5 billion of expected revenue"
"The changes, announced by Prime Minister Julia Gillard this...
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Mkt cap ! $11.74M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $10.03K | 2.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1156486 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 10091525 | 13 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| AEV (ASX) Chart |