Compromise delivers over $10 Billion for Australians
Our Union to campaign hard for mining communities share
The new Minerals Resource Rent Tax (MRTT) deal announced this morning by the Gillard Government has been welcomed by our Union as a significant gain for the Australian people and our mining communities.
General President Tony Maher congratulated Prime Minister Julia Gillard’s team for emerging from some hard bargaining with the top CEOs of the world’s most powerful mining companies in a deal that delivers 90% of the revenue first put on the table for negotiations.
“The $10.5 billion increase this represents in revenue will allow the people of Australia to benefit from improved superannuation, provide tax improvements for smaller business and importantly for mining communities it retains the commitment to increased infrastructure in our regions.
“The compromise deal ensures a much fairer return for the people of Australia from the non-renewable resources that we own.
“Our Union is looking forward to a meeting with the Federal Government to discuss how our mining communities too can benefit from new and improved social infrastructure in our regions”, said Tony Maher.
New tax deal shows just how phoney scare campaign was
The fact that the big mining companies have accepted the Gillard Government’s compromise deal that has delivered 90% of what was on the table,shows just how phoney their scare campaign was.
“Our Union was right in exposing the lies and spin that the big companies peddled in their multi-million dollar scare campaign”, said Tony Maher.
“Jobs were never at risk and investment was never threatened by ensuring that the Australian people and our mining communities receive a fairer share from our natural resources”, he said.
Abbott Coalition pledge to scrap resources tax would rob all Australians of Billions
From the day the Federal Government first announced that it would seek a fairer return for the Australian people from the mega profits being made from the resources boom, Opposition Leader Tony Abbott had the full backing of his Coalition colleagues in pledging to scrap any increased taxes in the resources industry.
The election of an Abbott Government is the only obstacle now in the way of Australians receiving billions more in tax revenue from our rich natural resources.
Incredibly, with the big mining companies prepared to accept the deal that delivers 90% of the proposed revenue increase to Australians, Abbott has promised to hand it all back!
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