Monday, December 17, 2012

Treasurers welcome review of mining tax, royalty row - The Australian



TREASURY officials are to review a central feature of the mining tax early next year in a bid to end Wayne Swan's dispute with the states over iron ore and coal royalties that is cutting future federal revenue.



The federal Treasurer agreed with his state counterparts yesterday to refer the mining tax concerns to a forum of state and federal officials, acting on advice that the existing regime was "neither desirable nor sustainable".



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