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Analysis: Be nice to Kevin

What Kevin took away, Kevin now gives back, but only if you're nice to Kevin - oh, and also have a mining project in a marginal electorate.

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perth
Here!! Here!! Mr Treadgold............., You have hit the nail on the head..!!

Perth
Hey Tim Ever wondered how this Government proposes to administer the loss protection for mining that forms part of this tax "reform"? Option 1 would be the insulation installation and education building approach, which appears to have applied zero governance resulting in multi billion dollar losses. Option 2 is the most frightening. In order to qualify for this loss protection, proponents of new projects would have to seek endorsement/approval from a government department. So prior to going to the market to try to fund a project, you'd first have to go to a public servant to get your business case approved. And we wonder why the market doesn't attach any value to this.

Northbridge
So the mining industry doesn't like this tax, so how about they sign across to the Australian people any extra profits made from future increases in the commodity price? After all this commodity belongs to Australia, not to mining companies. Oh? Don't like that either? Well - what's your answer? Do you think Australians are happy to sit back and let one narrow sector of the community and the economy arbitrate so disgracefully to the nation's disadvantage? Australians are proud of our mining industry. It is efficient with excellent safety records and a developing track record for retaining our environmental legacies. But mining people are no better at their job than people in other sectors are at theirs. They are not somehow special and more deserving to benefit from the doubling and doubling again of iron ore prices, not when that iron ore does not belong to them. It's a wearisome case of irrational behavior if argued otherwise.

Dianella
Kevin Rudd lurches from one disaster to another and is still arrogant enough to believe we in the West will continue to swallow his spin. To John Tolhurst and others with that point of view, consider this: the mining industry is not just about the people working on the minesites. What about the taxi drivers who take the workers to the airports for fly in fly out, the pilots, the caterers who prepare all the food for these people, the builders who build their accommodation, the lawnies who cut their lawn etc. And don't forget jobs for the school teachers who are educating their kids, the motor vehicle industry supplying them and their partners with cars to drive, the supermarkets who sell them food. The list goes on - think about it mate! There is not one person in this state who does not receive some benefit from the mining industry in some way if they are employed. And Kevin "Bloody" Rudd (apologies to Mr Wilson) wants to rip off our money in WA and spend it on marginal seats over east in a desparate bid to prop up his useless government

Perth
Agreed Tim. This PM is so absolutely hopeless at listening, communicating and reading the mood of the Austrlian people. For that reason we have to spend our tax dollars explaining iditic policy because the policy is flawed in the first place and confused by the usual Rudd wonk-words... All this to position himself as intelligent, sophisticated etc. The guy is a boffin, a nerd and someone devoid of the common touch. Thats the cost of having spent a boffins life, politicing and spinning to get things done, opposite to logic and straight-talk. This mining tax, or super tax???? When did 6% return become super. If my shares were returning 6% I would sell them or have the directors and management sacked... Lastly, for all those 'lefties' out there bleating on as usual about 'our resources', yes while they are in the ground, but the average Australian is unlikely to get up off his tail with a bucket and spade ad make anything of his share, so they are worthless until a miner comes along and offers to invest! A recent article indicated kids in the East feel it is unfair to go-West to get a job and share in the 'boom' in that way. Good, stay at home in West Sydney and be a lifer, unemployed, doing & giving nothing, just like your welfare dependant parents...

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