Banjo I think he is a Rudd, with the difference that he has earned his own money.

I don't think he analyses things, & works out a suitable policy. I think he operates on "pings", just like Rudd did. Gets a thought, & a policy in a flash of "genius", & no matter how wrong, never revises.

As a one man band he would be particularly dangerous with any power, as he would not be governed, or even tempered by a party room.

"I like the boy!" Anyone who splits the conservative vote can't be ALL bad. Palmer reminds me a bit of a latter day Joh Bjelke Petersen. Some may remember Old Joh, the fruit cake from the Nationals, who headed up one of the most corrupt governments Queensland has ever seen. The National's are very big on fruit cakes and pumpkin scones, they have thrown up some real past "doseys", must have something to do with all that Queensland sunshine. Palmer is reminiscent both physically and mentally of Russ Hinz, in fact he could well be the reincarnation of the long departed Russ!
Given my summation of Clive I can see why the conservatives would be falling over themselves to vote for him, Clive is their kinda guy!

sonofgloin, of the industries and sectors you use as your comparison, which of them often risk billions in their quest for those profits.

Also, the amount of capital per profit would be huge in mining, so, I stand by my remark that they already pay their share of taxes. Forget profits, as the miners come a distant second to the banks in the field of profits V risks.

Now if on the othe hand the royalties are too low, then fix them.

Butch,
Being such an apologist for the likes of Gina Rhinoceros. What did she do for you? Send you a lump of iron ore for your birthday or something. The Mining Tax was designed to tax the mega profits of the super rich like Gina and provide from finite resources a share of that wealth to ordinary Australian. A true lost opportunity as mining exploits Australia's resources without reasonable penalty. The sycophantic and compliant Abbott along with other conservatives pander to these vested interests at every turn. It is an undeniable fact mining in Australia is the most profitable in the World. None of the hog wash about if we tax these poor devils, they'll pack up and start a new mine in Monte Carlo, or somewhere else, it ain't going to happen!

Anyone who thinks money before the people, are as stupid as the situations their so use to:).........Mr palmer...just remember...if this planet dies...where are you going to spend your money:).....not too bright are you:)

So the point is..........well, I've made my case....

Kat

Paul, miners are pulling out of, or shelving local mines as we speak.

It stands to reason that if they have to cop the losses, then pay huge taxes if they succeed, what's the point.

If anyone wants a bigger share of the profits, it's simple, buy shares. At least then those who buy shares are willing to share the risks as well as the gains.

What's fairer than that?