Senate debates

Monday, 21 June 2010

Questions without Notice

Budget

2:37 pm

Photo of Judith TroethJudith Troeth (Victoria, Liberal Party) Share this | Hansard source

My question is to the Minister representing the Minister for Energy and Resources, Senator Carr. I refer the minister to the verification by PriceWaterhouseCoopers that Rio Tinto has invested $38.4 billion in Australia through capital expenditure and acquisitions over the last decade. This stands beyond the company’s after-tax profits of $37.4 billion over the same period, not to mention the thousands of people employed on over 30 sites and in communities across Australia. How can the government proceed with its resource super profits tax when companies such as Rio Tinto put so much back into the community?

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