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Kevin Rudd (on tv last night?) seemed to suggest there would be scope for negotiating on when a return is considered to be super (above 6% vs above 15% which applies under the current Petroleum Tax regime). When the draft legislation is finally tabled I can see the definition of super rate...

Hardly any risk in mining...are you kidding! You might want to speak to someone who has held shares in Pasminco, Andrew Forrest's Anaconda (he hasn't always succeeded) , Sons of Gwalia, Straits Resources (when mine hit an aquifer), Delta gold etc. If you look at fund performance (those...