ReePrime
Anger at Australia mining tax

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Anger at Australia mining tax

A
Al Jazeera English

5 Views • Jun 02, 2012

Description

The Australian government has proposed a "super-profits" tax for giant mining corporations in its annual budget released on Tuesday.

The country escaped the global economic slump almost completely unscathed, thanks largely to its massive mining industry.

A proposal to impose a 40 per cent tax on "super-profits" made by mining companies has now prompted an uproar among industry players.

Al Jazeera's Harry Fawcett reports, from Kalgoorlie in Western Australia. (11 May, 2010)