NEWSFLASH! In September I will join The Conversation as its Business and Economy Editor. I have been honoured to work at The Age for the past ten years, originally alongside the legendry Tim Colebatch, and for the past four years as economics editor in my own right.

At The Conversation, my job will be to make the best thinking from Australia's 40 univerisites accessible to the widest possible audience. That means you. From the new year I will also write a weekly column.

On this site are most of the important things I have written for Fairfax and the ABC over the past few decades. I recommend the Search function. The site is a record for you, as well as me.

I'll continue to post great things from The Conversation and other places here, and also on Twitter and Facebook. Enjoy.

Friday, April 30, 2010

It's on. Rudd will overhaul mining royalties Sunday

AAP

Federal Treasurer Wayne Swan says the complex mining royalty system operating in Australia will be addressed in the Henry tax review to be released on Sunday.

Media reports have suggested the review will recommend a new tax on resource companies on top of existing royalties, using the funds to pay for a cut in the company tax rate.

Mr Swan said while he would not pre-empt the government's response to the review, he could confirm there would be recommendations in that area.

"There is debate about the royalty systems which exist - we have something like eight different royalty systems in Australia," he told Fairfax Radio on Friday.

"In that instance the mining industry itself has called for reform in that area.

"That issue is addressed in the Henry review and we will be delivering our response to that on Sunday."



Related Posts

. Wednesday column: We'll still be mining

. We own the minerals, lets get a share of the profits from selling them

. The Henry Tax Review: not quite as leaked