Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The chamber might like to be aware of the trend in mining industry investment, including since the announcement of the MRRT, despite the sort of scare campaign we saw from those opposite: $34 billion last year, $55 billion this year and industry expectations of $76 billion next year. What this really shows is that we have a once in a generation opportunity driven by the massive investment in the mining sector, yet what do we have from the other side? Just a bit more opposition; just for a change, a bit more opposition. ‘We don’t want a sensible taxation regime when it come to this mining investment boom, we don’t want to ensure that our success outlasts the boom’— (Time expired)