Tag Archives: foreign investment

The foreign buck stops here

Why does the Australian government create investment hurdles at the “border” for foreigners who want to put their money into the growth of our economy? It’s madness, when you look at where the money goes: The work we have done internally says that, over the past decade, for every dollar of extra revenue we have […]

Tax cuts the price of MacArthur Coal

The Prime Minister is saying that today’s Peabody bid for Macarthur Coal demonstrates that the Gillard/Brown “coal tax” has not hurt the prospects of the Australian coal industry. But today’s Financial TImes reveals that the Labor government’s taxes are having an impact on the value of Australian resource assets. Peabody has cut its offer price […]