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  1. evand

    Mining sector did not save country - Henry

    No different to any other money making venture, just a larger scale with more borrowed money. Is the mining industry a protected species? And sorry mate, who has their hand out?
  2. evand

    Mining sector did not save country - Henry

    So you're not sure where its going? Anyone?
  3. evand

    Mining sector did not save country - Henry

    Fair point. Has it been stated where the specific tax will be allocated? Regardless, imo, the resources sector need to share more of the $ billions of profit. Particularly the $ that go OS.
  4. evand

    Mining sector did not save country - Henry

    Keith, i don't think your view makes sense. Further to my previous post every business venture takes on risk. And some loss on some projects/sales. Its the overall result that matters and BHP (and the miners in general) are sitting on MASSIVE profits. There is no guaranteed profit/success...
  5. evand

    Mining sector did not save country - Henry

    Giddy Up! :)
  6. evand

    Mining sector did not save country - Henry

    I don't think it works like that. Like all this type of stuff, you have to look at the overall result, and on that basis, they are so far ahead $$$$.....daylight second. Like the tax system relating to business. Businesses cant claim for loss making projects/jobs/whatever one off - on an...
  7. evand

    Mining sector did not save country - Henry

    gday TC, i think the miners will still be here while they are still making billions and there's still stuff in the ground. Same as the oil/petro guys. Actually i think the Ruddster should nationalise the whole box and dice......mining, fuel, property investing......anything he likes. And...
  8. evand

    Mining sector did not save country - Henry

    Rudd isnt the JV partner. We all are. Australia is. And we all subidise loss making projects, in the same way we all subsidise negative gearing. Even non investors.
  9. evand

    Mining sector did not save country - Henry

    Well, yes, sort of. Its still $ billions in profit for them. Look at it like a JV. Between the miners and Australia, and all the people in it. Like a JV between a builder/developer and a land owner. I think about half is fair. But i'm an un-reconstructed leftie. Albeit a capitalist one. ;)
  10. evand

    Mining sector did not save country - Henry

    Apparently one dollar in 3 was going to the Australian public, now - post resources boom - its one dollar in 7. Seeing all Australians own our resources and they can only be sold once. Doesn't the tax seem fair? Or at least reasonable? You cant have your cake and eat it guys.
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