Have your say: Mining industry
Would you like to be involved in the development of government policy?
The Business Consultation website allows you to keep on top of potential changes to business and industry and have your say on issues that affect you.
Current topics for consultation include the Minerals Resource Rent Tax (MRRT) which will apply to coal and iron ore projects from 1 July 2012.
On 24 March 2011, the Government accepted all recommendations of the Policy Transition Group (PTG), led by Resources Minister Martin Ferguson and Don Argus AC, relating to the new resource tax arrangements. The PTG recommendations form the basis of the draft MRRT legislation.
The draft Bill provides the legislative framework for the MRRT. The Explanatory Memorandum (EM) explains, in broad terms, how the MRRT will be implemented.
Interested parties are invited to comment on the paper.
Submissions close Thursday, 14 July 2011.
Helen Hull is the editor of First 5000, the leading network for mid-sized businesses in Australia.