Miners launch new anti-tax ad campaign
The mining industry has launched new advertisements warning the Federal Government not to hit it with further tax increases.
The industry spent more than $20 million on an advertising campaign targeting the Rudd government’s original mining tax.
It pulled the ads after Julia Gillard took power and negotiated a new mining tax with the industry.
Now the Minerals Council of Australia has taken out new full-page newspaper ads warning against any further potential tax hikes for the resource sector.
There is speculation mining companies will be stripped of diesel fuel rebates and other tax concessions in the next budget.
The council’s Mitch Hooke says that would discourage investment.
“It’s not in anyone’s interest to weight down your frontrunners,” he said.
But Mr Hooke would not say if the industry will ramp up the campaign if the Government pushes ahead.
Topics:mining-industry, business-economics-and-finance, government-and-politics, federal—state-issues, federal-government, australia