25 May 2010 in Media
18 local jobs at risk from Labor’s new mining tax
Labor’s new great big tax on mining is putting the jobs of 18 local workers at risk.
The Mulgundawa Salt mine has written to the Federal Treasurer Wayne Swan making it very clear that the new tax will impact enormously on the 140 year old mine putting a large question mark above its viability.
Recently the Mulgundawa Salt mine spent a million dollars upgrading the facility, an investment that will be completely wiped out according the operators of the mine.
This is a perfect example of the failure of the Labor Government to think through the impact of their great big new tax.
While the Rudd Labor Government likes to refer to the so-called ‘super profits’ of the big miners like BHP and Rio Tinto, what they fail to mention is the impact on small mines in local regional communities.
The loss of 18 jobs in a region that has faced the most serious aspects of the water crisis would be an absolute disaster and must be avoided.
The Rudd Labor Government should accept that they have not thought this great big new tax through and fix it before it causes untold damage on the economic future of Australia.