Australian Prime Minister Julia Gillard wont alter mining tax
Australian Prime Minister Julia Gillard has confirmed she wont alter the controversial mining tax if she wins govenment on Saturday.
This comes after Greens leader Bob Brown proposed an even bigger mining tax to fund the education system.
The Greens are likely to hold the balance of power in the upper house, and Julia Gillard will need the support of Bob Brown if the legislation is to pass.
The original plan was to slam a 40% super profits tax on the miners, but that was altered to a new 30% tax after a uproar from the mining indust which led to the deposing of former Prime Minister Kevin Rudd.
The new tax has been agreed to by the three biggest miners BHP Billiton, Rio Tinto and Xstrata.
The mining tax is turning out to be a key issue in this election with opposition leader Tony Abbott claiming people will lose jobs if the new tax is imposed.
Meanwhile the election is turning out to be a tight contest with many analyst predicting a hung Parliament.
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Posted by M McDonaldon Aug 19 2010 Filed under Election. You can follow any responses to this entry through the . You can leave a response or trackback to this entry
