FMG 1.17% $17.73 fortescue ltd

twiggy on inside business, page-22

  1. 2,053 Posts.
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    Kevin Rudd has created this tax to benefit the Chinese state owned companies. They will now buy out all our mining companies for a 40% discount to what they would have previously paid.

    They will then sell the resources to their own steel mills in China for cost price and never pay any resource tax.

    Great work Kevin and Wayne selling out our nations treasures at a discount!
 
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