House debates

Thursday, 17 June 2010

Matters of Public Importance

Budget

3:45 pm

Photo of Bruce BillsonBruce Billson (Dunkley, Liberal Party, Shadow Minister for Small Business, Deregulation, Competition Policy and Sustainable Cities) Share this | Hansard source

The support for this MPI reflects the seriousness with which the coalition views the impact of the mining superprofits tax on small and medium enterprises. We hear a lot in this place from the government talking about it involving Rio, Xstrata and BHP Billiton. What they do not say is that this mining superprofits tax will affect all the small businesses, the family quarrying operations, those mining operations which are in no way huge like the ones the Labor Party would have you believe will be affected. Those small operations will get caught by this mining superprofits tax. The only super they might be involved with is superphosphate or fertilisers that are being extracted to support food production in Australia.

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