Wednesday, 23 June 2010 06:26
London's Financial Times yesterday reported that Canada, which is hosting this weekend's Group of 20 leaders economic summit, is seeking to capitalise on the unpopular resources tax.
Mining Association of Canada's Gordon Peeling told the newspaper "the Australian tax probably makes Kevin Rudd the mining man of the year in Canada, because he'll bring a lot of investment our way".
Opposition treasury spokesman Joe Hockey said a Coalition government would “unwind” compensation arrangements, along with the carbon tax. See the full story in The Australian
Read more<The attempt over the weekend to spin the Carbon Tax as a 'tax cut' is just more of the spin we can expect to see from the Government as it tries to impose its Carbon Tax without a mandate and without popular support. The Australian late today reports that none of the impacts of the Carbon Tax or the so-called tax cuts will form part of the Budget or the proposed Summit. This is, of course ridiculous with the Budget presuming to portray revenues and expenditures over the four year forward estimates.
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