16.5 C
Byron Shire
April 1, 2023

Mines tax not Greens fault

Latest News

Tweed residents outraged at destruction of koala habitat on Cobaki Creek

A 'legacy' floodplain development on the tidal estuary of Cobaki Creek, known to have recent koala sightings, was approved in 1996 and is now being cleared.

Other News

Feros stolen

The Feros board have failed to explain why the existing buildings cannot be redeveloped as a purpose-built, top-of-the-range, aged-care...

Ballina council contractor debt waived after company goes bust

The Ballina Shire Council has voted to write off debt owed by a failed private company initially hired to develop six industrial lots six years ago.

Are we there yet? NSW election vote count update

The NSW Electoral Commission says that more than four million votes have been counted for the 2023 NSW State election as record postal votes continue to be returned.   

Buskers for Blues

The Bluesfest Busking Comp is a community engagement initiative, established 19 years ago by a group of dedicated, local musical souls – proudly executed by ACE, and fully supported and fostered by Peter Noble and the Bluesfest family.

No dog problem – really?!

David Heilpern was recently roasted here by P. Lawrence, who sees ‘no problem’ with the issue of dogs on...

Interview with Guy Maddison from Mudhoney

Seminal Seattle four-piece, Mudhoney, are returning to Australia marking nine years since their last local shows. A mammoth odyssey spanning April and May will see them playing headline shows across six states. Next week they will also release their new album, Plastic Eternity.

Aniko Papp, South Lismore

Re the letter to the editor from Robin Harrison ‘Mining industry rules, OK?’ in Monday’s Echonetdaily.

According to the Financial Review reports at that time, in March 2012, the Greens supported the government’s mining tax, on a number of conditions. Those conditions included limiting tax cuts to big business and ensuring a revenue stream. They relied on government promises of over $100 million a year taxes flowing into the coffers; the Greens still wanted a higher tax take then but settled for guaranteed monthly revenue reviews by the government and leaving the way open to increase the tax take.

Senator Brown said that the reviews were a ‘start’ but what was needed was a ‘stronger review with the aim of increasing the tax take as soon as possible. This will be a priority for the Greens,’ he said. The opposition leader Tony Abbott steadfastly opposed any mining tax at all.

By mid 2012 it became clear to the Greens, after those reviews, that the tax needed changes to increase the intake. The Greens have been pressing for those changes ever since – over one year.

By April 2013, Professor Garnaut and John Quiggin agreed with the Greens that the mining tax had significant flaws during a Senate inquiry hearing into the tax.

They referred to the Gillard government’s generous depreciation provisions for Australia’s most established and profitable mines which allows these mining companies to pay very little tax. They also gave evidence that increasing the rate to 40 per cent and extending the tax to all minerals were logical improvements. The Greens have been pressing the government to fix these three flaws will raise an additional $26 billion over the forward estimates. This is the Greens policy is they are returned to having the balance of power in the Senate after these elections.

And what has Labor done about fixing the problems? They propose no changes to the mining tax. And the coalition? On 26 June 2013, according to Reuters, Tony Abbot said he will seriously consider fresh elections in both houses of parliament if the influential minority Australian Greens party blocks its plans to repeal the mining and carbon taxes.

Opposition resources spokesman Ian Macfarlane told a mining conference that day that the coming election would deliver a mandate on both issues. ‘That’s not to say that we will be gung-ho about it. But we won’t rule out the opportunity, under the Constitution, to go back to the people if we find that we are not being given the right to govern Australia.’

So, which party supports mining profits coming back to the Australian people? Certainly not the coalition – they are willing to hold another election if they cannot repeal the futile mining tax! Certainly not Labor, who are happy with the futile mining tax as it stands.

Don’t blame Bob Brown or Christine Milne for this – the blame lies fairly and squarely with the major parties who receive massive support and donations from the mining companies and unions. The Greens are the only party that supports mining profits coming back fairly and in full to the Australian people and not have the Australian PAYE and small business taxpayers bear the majority of our tax burden.


Support The Echo

Keeping the community together and the community voice loud and clear is what The Echo is about. More than ever we need your help to keep this voice alive and thriving in the community.

Like all businesses we are struggling to keep food on the table of all our local and hard working journalists, artists, sales, delivery and drudges who keep the news coming out to you both in the newspaper and online. If you can spare a few dollars a week – or maybe more – we would appreciate all the support you are able to give to keep the voice of independent, local journalism alive.


Please enter your comment!
Please enter your name here

Murwillumbah Fire Station needs more firefighters

There is probably not one adult who hasn’t been grateful for the job that firefighters have done in this country, particularly in the aftermath of the The 2019–20 Australian bushfires.

Draw your puss to win cat pack prizes

The reason cats take up so much of the collective internet space is because they are just so incredibly cute – we love them! But we don't always keep them inside when they should be.

Dental clinic celebrates 30 years in Mullum

It’s quite an achievement to own and operate a business for 30 years and more so with your life partner and that’s exactly what David and Kim Smith have done.

Working with Nature at the Living Lab

Living Lab Northern Rivers has opened their new exhibition 'Working with Nature' this week in their Lismore shopfront space, giving visitors the chance to learn more about flood mitigation strategies.