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True. Looking from an academic point of view I understand there are arguments for both sides, heck from an extreme point of view you could go the way of Russia and start nationalising all the private co's that did well in the 90's when Russia was on it's knees (though I'm sure there are many who...

Because you don't/didn't seem to be getting my underlying point that I'm talking about the end result - after all economic, political and social variables are considered - if project X in Aust. has less ROI than project Y in Lapland as a result of the new tax (if it happens), then why exactly...

Not trying to debate the finer points of price, if you say you know the $'s involved better, that's fine. But my point still stands of $X or $X+20%. This is IF after all the specifics you're referring to ends up to be the case (taking into account ore grade, development costs etc), why would a...

You keep focusing on the price. Remember, they receive the same price whether RIO dig it up from the Pilbara or from Guinea. Now if the end product they sell (for the same price) at whatever the going rate is makes them $X profit in Aust. with the new tax when they could instead make $X+20% in...

Well of course RIO hasn't 'scrapped' their iron ore expansion. They take years of investigation and feasibility into whether to undertake projects, they're not going to reverse all that in once split decision two days after a proposed new tax is first mentioned by a PM who may or may not a) win...

I'm starting to believe that the more I read, even if it is introduced but in a watered down form. There's just too much risk on Australia's side - the big boys can choose/threaten to scrap any planned expansions or new mines full stop in Australia in favour of their tenements overseas. Yeah...

Yes but it's negligible, ie. less than 1% - the rent is where they get their revenue. The % is more just so they can monitor their tenants sales, individual malls performances vs portfolio, whether certain tenancies are struggling in their current position and a better tenant could be put in...

BHP believe it will increase their effective tax paid on Australian operations from 43% currently to around 57%. I didn't realise it was already that high, but it's still a further significant increase.