Most Read Articles
- Argentina and the Mining Opportunity
- Brazil Mining
- Kazakhstan—Not Just Another ‘Stan’...
- Breaking the Rare-Earth Monopoly
- Scandinavian Mining
- Iron Ore Contract Sets New High
- Clean Machines: Cut Operating Costs with Contamination Control
- RTB Bor: The Comeback of Serbian Copper
- The Current Status of Cyanide Regulations
- Heap Leaching: Extending Applications
You are here: Home 
News Leading Developments MRRT Takes Effect in Australia, Groups Mount New Challenge
News Leading Developments MRRT Takes Effect in Australia, Groups Mount New ChallengeMRRT Takes Effect in Australia, Groups Mount New Challenge
Australia’s Minerals Resources Rent Tax (MRRT) was introduced with the carbon tax on July 1, 2012. The Queensland Liberal National Party (LNP) government has joined Fortescue Metals Group in challenging the mining tax in the High Court, according to the Brisbane Times. Tony Abbott, the Leader of the Opposition in the Australian House of Representatives and federal leader of the center-right Liberal Party of Australia, told reporters in Perth that it was “perfectly reasonable” for states to challenge the mining tax, noting the MRRT particularly targeted resource-rich states.
To read more, please visit. www.brisbanetimes.com.au/opinion/political-news/queensland-joins-mining-tax-legal-challenge-20120709-21qbg.html#ixzz20K9K5pW9.
