Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I was asked about royalties, I was asked about the taxation of iron ore fines compared to the lumps in Western Australia. I stand by all the statements I have made on this matter. The fact that we have got here is the acute embarrassment of both the Western Australian Premier and all of those on that side of the House who one year ago were arguing that we were taxing companies too much, and when the Western Australian Premier puts up his royalties they say that is just fine and dandy. When he does it in a way which is going to deprive Western Australians—

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