When you consider the Norwegian example, it seems farcical that parliament has spent the week squabbling over associated superannuation and childcare benefits when the obvious source of revenue was turned down for short-term political expediency and then abandoned entirely. This wasted opportunity extends to other areas. The outcry over changes to university fees, or welfare or payments to see the GP would surely be rendered unnecessary if the previous government had crafted a proper mining tax and spent it wisely. It’s also to the detriment of Australia’s national intelligence that the idea of the mining tax as a jobs and growth-destroying handicap was given credence, all while being derided for raising no money. Read more: theguardian/commentisfree/2014/sep/04/oil-tax-norway-could-teach-australia-a-thing-or-two-about-managing-wealth
Posted on: Fri, 05 Sep 2014 02:27:26 +0000
Trending Topics
Recently Viewed Topics
© 2015