High Court Clears Henry Rent Tax



Letter to the Editor – AFR
26/08/2010
Gavin R. Putland, Melbourne

The High Court of Australia’s decision to strike down the Cadia copper royalties — on the ground that the NSW Government didn’t own the copper — is a vindication of Treasury secretary Ken Henry’s proposal for a federal resource rent tax to replace state royalties.

A federal RRT would be immune to disputes over ownership because it would rely on the power of taxation, not the prerogatives of owners.

The objection that the minerals generally belong to the states rather than the commonwealth is easily met by refunding the RRT from each mine to the state where the mine is located. And if the resource super profits tax was flawed (as I believe it was), then the appropriate response was to fix it — not to water it down as Julia Gillard proposes, let alone dump it as Tony Abbott proposes.

9 Comments

  1. Gavin R. Putland27-08-2010

    Submitted August 26; published August 27.

  2. masealake11-09-2010

    What are time bombs of Australia democratic society?

    The historical hung parliament demonstrated the big gap inequality society between the groups get highest pay by talk feast used mouth work, the groups get lowest pay by hands work?

    Voters’ voices do not hear?
    Voters’ pains do not ease?
    Voters’ cries do not care?

    1. Poverty will not be phase out if no fairer resources to share;
    2. Illness will not be reducing if no preventive measurement in real action;
    3. Agriculture will not be revitalize if urbanization continuing its path;
    4. Housing affordability will not be reach for young generation if government continues cashing from young generation debt by eating out the whole cake of education export revenue without plough back;
    5. Manufacture industry will shrink smaller and smaller if no new elements there to power up to survive;
    6. Employability will not in the sustainable mode for so long as manufacture and agriculture not going to boost.

    Ma kee wai
    (Member of Inventor Association Queensland since 1993)

  3. masealake26-09-2010

    What democratic societies should learn lessen from Australia election 2010:
    1. What productive action Gillard Labor government 5 billions to UN buys ousted PM Kevin Rudd’s face?
    Voter’s pains did not link to high income Politicians and Bureaucracy.
    The Australia historical hung parliament demonstrated the big gap of inequality society between the small educated elite groups who get highest pay by talk feast used mouth work controlling live essential resources of the country in every social platforms against the biggest less educated groups who get lowest pay by hands work squeezed by discriminative policies that sucking live blood from individual poor/less wealth off?

    Voters’ voices do not hear?
    Voters’ pains do not ease?
    Voters’ cries do not care?

    Ma kee wai
    (Member of Inventor Association Queensland since 1993)

  4. masealake26-09-2010

    What democratic societies should learn lessen from Australia election 2010:
    1. What productive action Gillard Labor government 5 billions to UN buys ousted PM Kevin Rudd’s face?
    Voter’s pains did not link to high income Politicians and Bureaucracy.
    The Australia historical hung parliament demonstrated the big gap of inequality society between the small educated elite groups who get highest pay by talk feast used mouth work controlling live essential resources of the country in every social platforms against the biggest less educated groups who get lowest pay by hands work squeezed by discriminative policies that sucking live blood from individual poor/less wealth off?

    Voters’ voices do not hear?
    Voters’ pains do not ease?
    Voters’ cries do not care?

    1. Poverty will not be phase out if no fairer resources to share;
    2. Illness will not be reducing if no preventive measurement in real action;
    3. Agriculture will not be revitalize if urbanization continuing its path;
    4. Housing affordability will not be reach for young generation if government continues cashing from young generation debt by eating out the whole cake of education export revenue without plough back;
    5. Manufacture industry will shrink smaller and smaller if no new elements there to power up to survive;
    6. Employability will not in the sustainable mode for so long as manufacture and agriculture not going to boost.

    Ma kee wai
    (Member of Inventor Association Queensland since 1993)

  5. masealake27-09-2010

    What democratic societies should learn lessen from Australia election 2010:
    1. What voters crying for reforms not just parliament, but for all department?
    Voter’s pains did not link to high income Politicians and Bureaucracy.
    The Australia historical hung parliament demonstrated the big gap of inequality society between the small educated elite groups who get highest pay by talk feast used mouth work controlling live essential resources of the country in every social platforms against the biggest less educated groups who get lowest pay by hands work squeezed by discriminative policies that sucking live blood from individual poor/less wealth off?

    Voters’ voices do not hear?
    Voters’ pains do not ease?
    Voters’ cries do not care?

    Voter is crying for department reforms over 70 years that resulting a 2010 Hung Parliament?
    An iceberg example of voter’s crying:
    “……it seem to me there was an unfair to treat me when the merit of “Claim for Disability Support Pension or Sickness Allowance” form in detail clearly defy 15 hours classify the cut off point for acceptance, when comparing to my early assessment completed in June this year that it has the merit less than 8 hours (0-7) work capacity due to my long term medical impairment since an injury occurred in 2005”…….
    It was disappointing where the push of Parliament reform that mainly to brink good news to all MPs by the individual MPs during this year historical hung parliament in 70 years, and the reform did not including all Government Departments where it would directly brink good actions to all voters/or people?

    Ma kee wai
    (Member of Inventor Association Queensland since 1993)

  6. masealake22-03-2011

    Why believe coalition Supporting Local Communities?
    It’s all about power and money most Politicians and parties wanted above all and after all election?
    Just listen how Barry O’Farrell convincing voters: “Over the last four years I announced positive and practical policies which will help support local communities……..” .
    Take a look below the link subject: “Time for Action” in “Healthy Active Life” program that convert Broken hill into a Healthy Las Vergas Broken Hill economy? Link with http://www.streetcorner.com.au/news/showPost.cfm?bid=20747&mycomm=ES
    … , will you then still believe Barry O’Farrell’s announced positive and practical policies which will help support local communities……..” ?
    Will you also believe there were only 1-2 Politicians responding to this greatest “Healthy Las Vergas Broken Hill economy model”?
    Why the most Politicians do fail their own test in support community health/economic development who with$1.65 million Tax payer’s money each annual spending for?
    Masealake (Member of Inventor Association QLD)

  7. masealake25-03-2011

    Why believe coalition economic plan works without revitalize agriculture and manufacture industries??
    It’s all about power and money most Politicians and parties wanted above all and after all election?
    Just listen how Barry O’Farrell convincing voters: “People are our asset. They are our greatest wealth and they should be given the opportunity to pursue their dreams?” On the issue of economic management, Mr O’Farrell was asked what he thought was the state’s greatest source of wealth, given NSW lacked a resources industry.
    Take a look below the link subject: “Time for Action” in “Healthy Active Life” program that convert Broken hill into a Healthy Las Vergas Broken Hill economy? Link with http://www.streetcorner.com.au/news/showPost.cfm?bid=20747&mycomm=ES
    … .
    When we look at what today’s shrinking industries, such of agriculture (34% of fruit and 19% of vegetables imported); manufacture (10.5% by 2005–6) destructed by John Howard’s coalition government.
    Will you then still believe Mr Barry O’Farrell’s coalition opposition announced positive and practical policies which will help revitalize agriculture and manufacture industries for create more sustainable jobs, and innovative export products?
    Remember, it’s not one person to construct or destruct the whole lots of industries, it’s the matter of whole political party/government?
    Will you also believe there were only 1-2 Politicians responding to this greatest “Healthy Las Vergas Broken Hill economy model”?
    Why the most Politicians do fail their own test in spend little brain work to revitalize agriculture and manufacture industries who with $1.65 million Tax payer’s money each annual spending for?
    Masealake (Member of Inventor Association QLD)

  8. masealake26-03-2011

    Why believe coalition committed to health reform without implementing the Preventive Health?
    Just listen how Barry O’Farrell convincing voters: “The key to our program is giving medical professionals a bigger say in how health services are delivered in their area. These are the people who know what their patients need…so we will be listening to them”.
    Take a look below the link subject: “Time for Action” in “Healthy Active Life” program that convert Broken hill into a Healthy Las Vergas Broken Hill economy? Link with http://www.streetcorner.com.au/news/showPost.cfm?bid=20747&mycomm=ES
    … .
    When we look at what Kevin Rudd’s labor government has expend John Howard’s coalition government endorsed Preventive Health program into “Healthy Active Life” program phase 1-2 before oust.
    Will you then still believe Mr Barry O’Farrell’s coalition opposition is committed to health reform (put some money in some hospital if you liked)? Then call it rebuild the hospital system through Better Hospitals and Healthcare program? A truly health reform that would fix all health problems?
    Masealake (Member of Inventor Association QLD)

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