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Thursday, 1 July 2010

Associate Professor Pietro Guj from the Centre for Exploration Targeting (a joint UWA/Curtin initiative) has released a quantitative analysis outlining the impact of Prime Minister Kevin Rudd's version of the Resources Super Profit Tax (RSPT) for a small gold mine in W.A.

Among the findings the analysis confirms the RSPT regime could create a financial buffer allowing loss-making mines to continue to operate a lot longer than they would have done under the existing royalty regime.

Resources Super Profit Tax Impact Analysis [DOC, 1.6 mb]
Updated 1 Jul 2010

N.B. On July 2 2010 the Federal Government announced it had negotiated a tax arrangement with mining companies that is substantially different from the initial proposed RSPT.

MEDIA REFERENCE:

Assoc/Prof Pietro Guj (Centre for Exploration Targeting) (+61 8) 6488 7175

Janine MacDonald (UWA Public Affairs)    (+61 8) 6488 5563  /  (+61 4) 32 637 716

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Business and Industry — Media Statements — Research — University News
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Science Matters — The Centre for Exploration Targeting