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 […]