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ALP has 'philosophical objections to mining'

The coalition has slammed Prime Minister Kevin Rudd for trying to bluffhis way through the imposition of his new mining profits tax, as boththe government and opposition meet with mining executives.

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Source: AAP


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The coalition has slammed Prime Minister Kevin Rudd for trying to bluff his way through the imposition of his new mining profits tax, as both the government and opposition meet with mining executives.

The PM claims the 40 per cent levy will pave the way for the government's big superannuation boost from nine to 12 per cent, Liberal frontbencher Ian Macfarlane says.

"(But) he is paying them nothing in superannuation.

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"That comes again from the companies and small business.

"It is a lie to connect those two facets of the package."

'Demonising foreign ownership'

Mr Macfarlane, who was resources minister for six years in the former Howard government, attacked Mr Rudd for his "philosophical objection to the mining industry".

He also rebuked the prime minister for his comments which set out to "demonise" foreign ownership.

"I've never been so ashamed in my life," Mr Macfarlane told a mining conference in Adelaide.

"This country has been built on foreign ownership."

Mr Rudd is in Perth to spend the day consulting with industry stakeholders about the proposed tax, which has been received heavy criticism from within the sector.

Opposition Leader Tony Abbott, Mr Macfarlane and other members of the Liberal frontbench will also sit down with mining executives in Canberra on Wednesday to discuss the levy.


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