Are Roxon and Evans staying until the next election?
http://www.news.com.au/national/pm-...-to-destroy-govt/story-fncynjr2-1226570172009
Messier and messier. One small error by the PM in this piece - it won't only be marginal seat MPs who are damaged by this white-anting: it may well be Labor MPs in previously safe seats, which will become marginal seats at this rate.
I can understand the Evans resignation and all that but the Roxon one is interesting give what has been said about the PM knowing well in advance. So Roxon was promoted knowing she wanted out? There must have a pretty toxic relationship between the PM'a office and McClelland's...
I can understand the Evans resignation and all that but the Roxon one is interesting give what has been said about the PM knowing well in advance. So Roxon was promoted knowing she wanted out? There must have a pretty toxic relationship between the PM'a office and McClelland's...
The timing of the resignations and announcing of election date is understandable though. We're in campaign mode no matter what some are saying and it's pretty relentless stuff even for a sitting MP (Moana Pasifika) let alone a Cabinet Minister. If Evans and Roxon aren't engaged in the job then it would begin to show very very quickly in campaign mode.
she didnt want to go to caucus without the threat of an election that had already been announced because they mght have got to thinking about things other than who to replace Roxon and Evans with?Yes, but was it the chicken or the egg?
Did she decide on the timing of announcing the resignations, then decide to announce the election, or the other way around? I suspect the announcement of the resignations of two Gillard supporters brought forward the announcement of the election date. She wanted to try and balance out not having her supporters in their position for too long with leaving enough time before an election to announce re-shuffles.
she didnt want to go to caucus without the threat of an election that had already been announced because they mght have got to thinking about things other than who to replace Roxon and Evans with?
i cant remember does she pick or do they vote and she allocates or what?
Ideologically I support the notion that <Insert Notion>, but the timing and implementation of the <Insert Plan> has been a monumental cock up.
It's ironic that the Government's much hyped mining tax has failed to raise any revenue and due to negative publicity surrounding it has most likely hurt confidence in the mining industry actually leading to less revenue from the mining sector.
Ideologically I support the notion that in the boom times Australia should make efforts to ensure Australia gets its fair share of profits from the mining industry, but the timing and implementation of the mining tax has been a monumental cock up.
Are BHP and Rio and Fortescue effectively exempt from paying the mining tax?
Also, is the mining tax the same thing as the super profits tax?
If anyone has a link to some of the commentary then please post it.
Any coal or iron ore company making over $75 million in profits here pays the tax. http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax
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Rather than consulting with the states on reforming the taxation of mining across the board, they took the easy option by allowing the mining companies to deduct any royalties paid to the states. That created a problem for them from day one because the states simply started to raise the level of their royalties, knowing that the effect would be to reduce the amount of profit available to be taxed by the Commonwealth. We saw that in WA and in NSW.
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The real problem is the design of the tax. It only applies to coal and iron ore, a result of the knifing of Kevin Rudd and the abandonment of the Resource Super Profits Tax which would have applied to all resources at a rate of 40% compared to the MRRT’s effective rate of 22.5% and narrow resource base.
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Is there a solution? Anyone for a tax at 40% on all resources earning super profits? And not just the mining sector. Tax all super profits. The Big Four banks come to mind.
These are mining companies whose effective tax rates were in 2010 between 13% and 17% Their effective tax rates today after the MRRT are likely to be much the same. They can pay much more tax. The money is there; the Government will isn’t.