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.
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