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Australia or whereabouts of a referendum on resources tax
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Australia's new Prime Minister Gerard June 29, said she believed the government and the mining industry, the communication between the excess profits tax would help to address the resource related disputes. According to local media reports in Australia, the Australian government in June 30 with Australian mining enterprises executives to negotiate. Meanwhile, the Australian Association of Mining and Exploration Company has also set the resolution for the two-week period of negotiations, said that if the issue is not resolved rapidly, Australian Chamber of Mines will return to campaign against the resource tax. Analysts believe that Gilad excess profits tax on the end of the resources, the debate showed full confidence, but on the ultimate fate of the tax, the new prime minister may be \vote on the fate of resources, excess profits tax. Open the door to negotiations on June 24,[link widoczny dla zalogowanych], Girard took the lead an olive branch to the Australian mining enterprises that are willing to open the door to negotiations with these companies, but also hope that mining enterprises to the Government the door open to negotiations. The Australian government's negotiations with the mining enterprises executives will be in the June 30, and this is Gilad took office the first time the Australian government to negotiate with the Australian mining enterprises. It is reported that the new Deputy Prime Minister of Australia, Swan and Energy Minister Ferguson will be responsible for the negotiations, Swann had previously said he hopes to end with the excess profits tax on resource mining enterprises debate. Out for the release of Gilad positive signal, have welcomed the Australian mining enterprises. Iron ore giants BHP Billiton CEO Kloppers said the company welcomed the Australian government has introduced excess profits tax on the settlement of resources and timely program. On the same day, Rio Tinto also said to restart negotiations on the new prime minister \International mining industry and metal Council, pointed out that Australian mining enterprises for the purpose, if you want access to resources relevant provisions of the relaxation of excess profits tax, it should consider its ability to make concessions. As \But then, the association set a two-week period, and expressed the hope that this duty can have a clear outcome, otherwise it will resume previously suspended advertising. Association chief executive Simon Bennison said he was the Australian government can find a viable solution that is very concerns. Voting scale mining enterprises or to tend to the Rudd Government introduced in early May this year, excess profits tax for the resources directly led to the Australian Labor Party plans public support rate fell and Kevin Rudd to step down. Therefore, the issue of resources has become a test of excess profits tax for new Prime Minister Gerard urgent need to resolve the political problem as well as the first hurdle to be crossed. Analysts believe that, as Girard had previously promised to achieve by 2013 the Australian government budget surplus, the Australian government could not easily give up the excess profits tax imposed on resources, so the focus of debate both sides may be more focused on whether lower taxes and raise the threshold. In order to reduce political risk, Gilad will this end it passed the government may eventually give the Australian people,[link widoczny dla zalogowanych], by the people to choose finalized by the Government and mining enterprises of options. According to early June this year, a public opinion survey in Australia showed that only 36% of respondents expressed support for the collection of resources for mining enterprises profits excess profits tax, while 41% of the respondents were opposed. When asked if the excess profits tax levied by the Government resources, the impact on personal income, 31% of respondents think the situation will become worse,[link widoczny dla zalogowanych], only 22% of the respondents said the situation will get better. Analysts believe that if the Government really this political end it passed Girard to the public, with Australian mining enterprises estimated propaganda and psychological feelings of the people had to vote the balance may be one-sided in favor of the mining enterprises. (Wu Xintao)

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