House debates

Monday, 21 November 2011

Bills

Police Overseas Service (Territories of Papua and New Guinea) Medal Bill 2011; First Reading

2:53 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

Mr Speaker, I ask a supplementary question. I refer to the statement by the member for Denison just before question time that only 20 to 30 miners will be paying in full the $11 billion mining tax. Given that one of the biggest miners in Australia, Fortescue Metals, has advised its shareholders that it will not be paying any mining tax for the next three years, isn't the $11 billion of revenue from this tax just an illusion? And will the government now release all modelling details on their flawed mining tax?

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