Don't cave in, otherwise the RSPT will become a precedent for other industries. Tax laws need to be fair and the same for all companies / people. They can't be retrospective, and can't be dreamed up and implemented without scrutiny.
Time is on the side of the miners, as long as they don't let themselves be rushed into a deal. Wayne Swan and Julia Gillard have painted themselves into a corner, and wont give up. The electors will show their displeasure at the election to be held before the end of the year.
There's heaps of press articles, and here's one link worth following.
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Gillard must mop up Swan's messAlan Kohler
Published 7:47 AM, 25 Jun 2010 Last update 10:16 AM, 25 Jun 2010 reference
http://www.businessspectator.com.au/bs.nsf/Article/Minerals-Council-Julia-Gillard-RSPT-Kevin-Rudd-ren-pd20100625-6R4VY?OpenDocument&src=mp
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Treasurer Wayne Swan, architect of the stinker of a budget handed down in May, must now work quickly with Prime Minister Gillard to release a mini-budget that makes sense.