Industry encouraged by MRRT report

Industry groups have cautiously welcomed a report on implementation of the federal government's proposed mining tax, but Premier Colin Barnett remains dissatisfied.


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Thrown a bone, the minerals industry rejoices in one positive outcome, ie, the recommendation for inclusion of all state royalties, whilst ignoring the inequity of the entire tax in the first place! The lack of sophistication in the arguments of the MCA, AMEC, etc is breath taking. This tax is wrong. The minerals belong to the states, not the federal government - read the constitution!

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