Yes folks, its doom and gloom for the mining industry, all caused by Rudds unfair tax on these poor miners. I read that some of the big miners are predicting Rudds tax will cost 50,000 jobs. That only leaves us 150,000 short.
I am living in a mining town - so many jobs that Maccas can't get staff. It is even worse in places like Karatha in WA. But I don't think Rudd will win on this one - the big boys are flexing muslces
Australia is already addicted to living off mining income to the point that we are so insulated from reality that too many of our other industries are dying off. We are already too soft & pampered to compete in the real world, give it a couple of generations at this rate and we won`t be able to make a living without being proped up by the mines. What happens to our kids when the mines stop paying the bills?
Who cares, I just want to be sure those billionaires pockets stay nice and full. So I can sleep better at night.
...poor miners, walking home with 120 grand a year minimum, their boses with much much more, and cannot give or are unwilling to pay a fair share to the rest of the nation. I am already in tears.... But we have seen with Rudd, who really runs the show. Disgusting that is. Australia, wake up.....
Some BS "news" is given to us by some fair dinkum Aussie concerned about how the government want to hurt us.. That's what people see so that's what they believe.... But it's actually foreign billionaires running anti-government advertising so they can preserve their bottom line with total disregard for our society... How do you wake up morons?
So billionaires aren't running the advertising campaigns so they can have more money? You want billionaires to have more money because you think that one day, you too, will be one... Hahaha... You are delusional
Its best for the country to get more taxes from mining and build infrastructure or invest in a fund for what do do when the minerals run out. If the mining giants don't like it, Chinese companies can come in and still make billions. Got nothing to do with envy, just don't like the idea of the place getting dug up and us left with nothing. Or would you just give it all to the billionaires?
I agree the OZ should be reaping more benefit from mining. Mining is a top employer and we need to be careful, but, they keep saying they will be 100s of 1000s of people short to fill future job demands. So I dont believe the tax will cut jobs, might slow things a little bit, but this would appear to be more a slow of expansion rather than a cut in current levels. Any money raised should go straight into renewables investment.
I love that phrase, let's put it in other words "Making more money" Other than that all we have done is manufacture garbage with a substantial bi product of toxic waste. For example the humble toaster, we all have one. We can pick one up from KMart for around $10 We export coal and iron ore to say china. Transport raw materials across the world. They manufacture the coal to plastic and use coal to turn iron ore to steel They manufacture the plastic and steel into toaster components. The components are assembled, it is decorated, packaged etc. The toaster is sold to a buyer, is transported, checked through customs and shipped. Unloaded, checked through customs, transported, warehoused, transported, sold to you. You use it for approximately 12 months, it goes bung so rather then have it repaired (this is usually impossible on cheap items), you dump it and buy a new one. Sometimes it doesn't need to go bung, just fashion, boredom or whimsy can restart the whole process again. And jobs, yes maybe a few jobs here in mining, transport and retail. But less and less as the shops cut out checkouts for robots, trucks get bigger and mining, a half dozen men can open cut 100s of thousands of tonnes a day. Business put people out of jobs, yes after carefully weighting the affect of unemployment on their bottom lines. But yes .. it makes good business sense.