579,
ANOTHER RECORD, YOU'VE HIT A NEW LOW TODAY.

579, even KRudd suggested the $23 per ton was to high.

A trading scheem perhaps, but just another tax grab, no thanks.

As for jobs, pull your head out of the sand and see what's happening in the 'non mining ' world.

when no mean's know
so now know

no mean know

I don't think it matters what mr rudd says.
The 1% coalition is at it again. Having conferences with the elite business billionares.
Big Joe is not well favored with business, probably got something to do with figures.
It doesn't matter how much money you have you only get one vote.

579, an additional tax, any tax, is quite simply another expense that business has to find.

Now there are several ways to find this additional expense.

Out of profits. I doubt this will happen.

Cut consumables, can't see that happening, if anything, this tax will increase consumables.

About the only avenue to cut costs, to make up for the tax, is to shed staff.

On the one hand government is going to impose this tax.

On the other they are going to give SOME of it back. But the rest is going to be a burden on business.

Make no mistake, this tax will filter down and will cost jobs.

It's about as certain as night following day, as they say.