What the press is saying about petrol, LPG, diesel, crude oil, biofuel etc.

(Click on the "News Article" link for the full story, opens in new window)

Rio Tinto to review new Australia investment over tax

12-05-2010 AFP Agence France-Pr. Mining giant Rio Tinto Wednesday said it was reviewing all new Australian capital projects in response to "shocking" plans for a 40 percent tax on resources "super profits".
Rio chief Tom Albanese condemned the tax as a danger to investment. Albanese added that Rio had been "shocked" at the tax plan, and criticised the government for rattling mining investors and sending the sector's stocks plunging.
"Unfortunately Australian policy makers will risk de-rating their mining industry if they're not careful," he said.
News Article

 

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