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Mining Tax

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July 02, 2010

Mining Tax Breakthrough | RSPT | Mining Tax

Posted by Hellen Popovich
1 Jul 2010 [...]
Retrospectivity, the rate at which the tax is imposed and the headline rate set originally at 40 per cent were the three key mining [...]

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July 02, 2010

End Of Life Van Disposal ? When The Profit Margin Exceeds The Taxes

Posted by Hellen Popovich
End Of Life Van Disposal ? When The Profit Margin Exceeds The Taxes The public perception of the average UK scrap yard is one of a dirty, oil covered, German Sheppard guarded no go zone. This image is not totally unfair, as over the last four decades since the times of the TV. series ?Steptoe and So [...]

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July 02, 2010

FINANCE VIDEO: Sydney Mining Club Chairman Julian Malnic Addresses ...

Posted by Hellen Popovich
Sydney, Australia, July 1, 2010 - (ABN Newswire) - FINANCE VIDEO: Sydney Mining Club Chairman Julian Malnic Addresses The Top End of Town About the RSPT Mining Tax.In an address to the 146th Sydney Mining Club at the Tattersalls Club in [...]

Rating: 3 out of 5 stars
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July 02, 2010

Australia Relents On Contentious Mining Profit Tax

Posted by Hellen Popovich
Australia"s government on Friday retreated from a planned 40 percent tax on booming profits in the mining industry [...]
defusing a damaging row with big business and clearing the way for national elections to be called at any time. from Channel 7
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July 02, 2010

Mining Tax Sends Bad Message ? Oppn | Make Message

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The new resources tax will send a message internationally that Aust is a risky place to do business - oppn. [...]
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July 02, 2010

Australian Shares Climb On Mining-tax Compromise - Financial Spy

Posted by Hellen Popovich
LOS ANGELES ? Australian shares rose early Friday, as resource stocks cheered the announcement of a compromise tax deal between miners and the government. See more here: Australian shares climb on mining-tax compromise [...]

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July 02, 2010

Scoop Business Gillard Backs Down On Mining Super-tax

Posted by Hellen Popovich
Renamed the Mineral Resources Rent Tax, the new Australian Prime Minister, Julia Gillard's, compromise tax will only apply to coal and iron ore ? of which Australia is the world's largest exporter ? will be capped at 30%, [...]

Rating: 4 out of 5 stars
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July 02, 2010

PM Leaves For Canada G-20 Meet On Friday

Posted by Hellen Popovich
Prime Minister Manmohan Singh [ Images ] leaves on Friday on a three-day visit to Canada [ Images ] for attending the G-20 Summit which will review the current status of the global economic recovery and discuss a tax to fund future bail out of banks, a proposal India [ Images ] is opposed to. Singh, [...]

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July 02, 2010

Abbott Wont Support Amended Mining Tax ? Herald Sun Off Topic

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Opposition Leader Tony Abbott says the upcoming federal election will be a referendum on tax after he announced the Coalition will not support the revised mining tax announced by the Government today. Speaking after the government [...]

Rating: 3 out of 5 stars
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July 02, 2010

Gillard Announces Ridiculous Tax To Continue, Abridged.

Posted by Hellen Popovich
Gillard announced today that a deal has been struck with mining companies. The headline rate dropped to 30% from 40%. It will kick in if profits exceed 10%, not 6% as said previously. This will only affect Iron Ore and Coal. The company tax rate will now only drop 1% to 29%. The tax will not be retr [...]

Rating: 4 out of 5 stars
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July 02, 2010

XE.com - WRAPUP 3-Australia Strikes Compromise Tax Deal With Miners

Posted by Hellen Popovich
The earlier mining super profits tax had threatened more than $20 billion in investment, according to mining companies, but no major project has yet been scrapped and several have actually been advanced since the tax was unveiled on May [...]

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July 02, 2010

Mining Tax Talks Will Resume

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Mining tax negotiations are to resume amid speculation PM Julia Gillard is considering an August election. [...]
Rating: 4 out of 5 stars
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July 02, 2010

Write-up: CEO Series 24 ? Arlida Ariff, CEO Of Iskandar Investment Bhd

Posted by Hellen Popovich
YCM CEO Series 24: Arlida Ariff, CEO of Iskandar Investment Bhd Writing credits: Chen Chow Yeoh Live blogging of Young Corporate Malaysians 24th CEO Series of Talk, Arlida Ariff, President and CEO of Iskandar Investment Berhad. Arlida graduated from an American university. Back then, most people cho [...]

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July 02, 2010

Australia Unveils Major Changes To Mining Tax - WSJ.com

Posted by Hellen Popovich
Australia announced a reworked version of its planned new mining tax, featuring major concessions including a reduction in the headline rate of the tax to 30% from 40%. [...]
Rating: 4 out of 5 stars
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July 02, 2010

Media Motivators: Mining Tax Backflip Improves Investor Relations

Send by Thomas Murrell
Investor relations professionals with Rio Tinto, Xstrata and BHP Billiton will be delighted as the new policy cuts the headline rate of the tax from 40 per cent to 30 per cent and includes a raft other measures to placate mining bosses. [...]

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July 02, 2010

Australia Agrees Deal To Reduce New Mining Tax

Posted by Hellen Popovich
importer buying selling Globalb2bbuysellwebsite: www.bytrade.com The Australian government has reached a deal with mining companies over controversial tax plans. Former Prime Minister Kevin Rudd had announced plans for a 40% tax on miners' profits. But [...]

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July 02, 2010

Australia Announces Breakthrough Mining-tax Deal

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Australia announces breakthrough mining-tax deal. LOS ANGELES (MarketWatch) ? Australia's prime minister announced a deal Friday with the mining industry on the resource-tax plan, which was partly responsible for pushing the nation's [...]

Rating: 2 out of 5 stars
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July 02, 2010

DailyFXTeam: $AUD: Mining Tax For Coal And Iron Ore Down To 30 ...

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DailyFXTeam: $AUD: Mining tax for coal and iron ore down to 30% from 40% and kicks in after 12% rate of return rather than 6%. Special promotion : earn money with $100 earn $10.000. Deposit $25. Work from home as trader. [...]

Rating: 1 out of 5 stars
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July 02, 2010

Will The Mining Tax Cost Gillard The Election? | Websinthe

Posted by Hellen Popovich
No it won't, at least not from where I'm sitting. Voters seem to care so much about this tax because of two things, employment and getting back into. [...]
Rating: 3 out of 5 stars
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July 02, 2010

NZ Dollar Falls To Lowest Level In Three Weeks

Posted by Hellen Popovich
NZ dollar drops to lowest level in three weeks The New Zealand dollar fell to its lowest level in three weeks today but the Australian dollar got a lift late in the session from reports of a deal on the controversial mining tax. read more Read more on Otago Daily Times NZ dollar falls to lowest leve [...]

Rating: 2 out of 5 stars
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July 02, 2010

Hockey Says Coalition Will Rescind Australia Mining Tax As Bad For Jobs

Send by www.bloomberg.com
The mining tax is a bad tax with negative implications for investment in Australia and will be rescinded by the Liberal-National coalition, opposition finance spokesman Joe Hockey told Australian Broadcasting Corp. radio today. [...]
Rating: 4 out of 5 stars
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July 02, 2010

Australia Drops Contentious 40 Percent Mining Tax

Posted by Hellen Popovich
Australia"s government on Friday dropped plans for 40 percent tax on booming mining company profits [...]
defusing a damaging row with big business and clearing the way for national elections to be called at any time. from Channel 7
Rating: No stars.
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July 02, 2010

AUD Volatile In Tight Range As Mining-tax Details Emerge | ForexLive

Posted by Hellen Popovich
The headline tax rate has been cut from 40% to 30% and both parties seem agreeable to the new proposal. The AUD/USD has been up and down in an .8445/75 range. [...]
Rating: 3 out of 5 stars
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