Thursday, October 25, 2012

Wayne Swan MRRT assurance set miners off - The Australian



THE ferocious miners' campaign that led to Kevin Rudd's removal as prime minister was a direct result of an assurance Wayne Swan gave Rio Tinto that the resource super-profits tax had not been settled -- four days before he announced a final version of it.



At a Canberra meeting in late April 2010 - six weeks before Julia Gillard replaced Mr Rudd and Mr Swan became Deputy Prime Minister - the Treasurer told Rio Tinto managing director David Peever the proceeds from the new tax would not be included in the May budget.



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