A stock like BHP is in just about everyone's superannuation fund.
Basically what Rudd is doing by wanting to massively increase taxes on a company like BHP is to reduce its dividend payments which means less money in everyone's superannuation funds plus reduce its capital growth as the company will not earn as much. That means less capital growth for everyone's superannuation fund.
Obviously Rudd wants BHP's money because he reckons he can use it better than BHP, like wasting it on another ill thought, hair brained scheme like the insulation fiasco rather than having this money wisely invested by BHP professionals and distributed to Australian investors and Australian superannuation funds.
