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Read More: Long-term economic effects of mining

Publishing Date
21 May 2010 11:25am GMT
Mining Journal

MJ Read More  

The Mining Journal website this week includes a Deloitte report, commissioned by the Minerals Council of Australia (MCA), into the long-term economic effects of mining.

The report concluded that concerns about Australia’s so-called “two-speed” economy are “misplaced and overstated”.

Moreover, the Deloitte paper described the proposed 40% ‘super tax’ on Australia’s minerals industry as “highly undesirable”.

The paper shows there is nothing unusual about regional growth disparities in Australia. MCA chief executive Mitch Hooke said the government was trying to fix a problem that doesn’t exist.


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