That's good news as well.
"Inside the big players, there will be a subtle shift away from Australia as the risk-return profiles shift in favour of other geographies.
As the return in Australia falls, so the risk in other investment destinations gets better.
This will inevitably result in a focus on brownfields investment rather than greenfields projects. Olympic Dam will slip further down BHP Billiton's investment timeline while other $US20bn ($21.5bn) options look much better (the Jansen potash project in Canada, for example).
"
http://www.theaustralian.com.au/business/opinion/resources-rent-tax-a-curb-on-growth/story-e6frg9if-1225861303119
the rrt does not apply to oversea's mine owned, page-5
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