resourse tax is great.

it must be, because the share price rose today.

where are the naysayers today?. what has happened? manipulated the price down enough through fear mongering?

my 2 bobs worth.

its not k rudds idea, its ken henry's, who knows far more about tax than i do.

if companies shelve projects cause they wont make massive profits...good. a) the resource stays in the ground for the next generation to dig up, and b)more available workers, drill rigs, assay lab hours.

more money will flow to the rest of oz rather than concentrate in WA and QLD. how much money does WA need??

i am quite comfortable foregoing some value in my mining shares if it means my kids and friend's kids have a better equipped nation to grow up in.

explorers, and i have shares in quite a few, will benefit from the concessions.

anything which takes money out of clive palmer's pocket has to be a good thing.

i will wait for the shouting...