Tony Abbott (Warringah, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is the Prime Minister. I refer the Prime Minister to the announcement yesterday by Xstrata that it was suspending its $30 million North Queensland regional exploration program because of the Prime Minister’s great big new mining tax. In particular, I refer him to Xstrata’s statement, which read:

… the proposed tax has introduced great uncertainty about the potential impact on the economics of developing resources into viable operations in Australia.

Will the Prime Minister guarantee that there will be no further loss of investment, projects and jobs in the mining and resources sector as a result of his great big new mining tax?

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