Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

I thank very much the member for Mayo for his question. He raises in particular the Olympic Dam project in South Australia. The member for Mayo will be aware of the fact that the Leader of the Opposition said only a few weeks ago that this new tax proposal of the government’s ‘is already threatening multi-billion dollar investments, most of all the $22 billion expansion of Olympic Dam in South Australia’. The shadow finance minister has chipped in to say:

Olympic Dam could well be put off for ten or twenty years.

When asked about Olympic Dam, BHP chief executive Marius Kloppers said on 26 May:

… it is not frozen. We are carrying on. We are spending money, there are 200 engineers working on it. Otherwise we would have made a statement to the contrary.

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