http://www.theaustralian.com.au/business/mining-funds-already-going-offshore/story-e6frg8zx-1225862771468
Attached is small extract from Australian today by Richard Gluyas the interesting part is not RIO or BHP who may have their own agendas this is what at least one investment fund is doing
"Perpetual's global resources fund portfolio manager James Bruce said companies would feel the impact of the tax over the long term, many projects taking three to five years to develop.
"But we can act far quicker than that," Mr Bruce said, revealing he had re-allocated about 3 per cent of his own fund offshore over the past fortnight, when speculation about the tax began firming.
http://www.theaustralian.com.au/business/mining-funds-already-goi...
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