News: No One Knows Impact Of New Mining Tax, Yet

News: No One Knows Impact Of New Mining Tax, Yet
Friday’s close on the sharemarket was probably the best immediate reaction to the new mining tax deal announced earlier in the day.There was a lot of market talk and immediate number crunching, but not much foresight; some scepticism about the relatively small drop in tax revenues (around & #36;1.5 billion a year), but also recognition that we won’t know much more until the final shape of the …

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