Ian Macfarlane (Groom, Liberal Party, Shadow Minister for Infrastructure and Water) Share this | Hansard source

Mr Speaker, my question is to the Prime Minister. With commodity analysts predicting a glut in global resource production by 2014-15, and with mining companies already paying 33 per cent more tax on their profits than all other Australian companies, how will miners pay double the tax of other companies and still grow at the 20 per cent figure predicted by this government under a new great big mining tax? How can the assumptions in this budget be taken seriously when they are built on such flimsy ground?

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