Senate debates

Wednesday, 22 August 2012

Questions without Notice

Minerals Resource Rent Tax

2:28 pm

Photo of Christine MilneChristine Milne (Tasmania, Australian Greens) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Wong. Does the minister recall in March this year the Treasurer, Mr Swan, said that refunding mining companies for increases in state royalties would not change any of the mining tax revenue forecast in the first two years. Given the Treasurer has now written to state governments threatening that the Commonwealth will implement measures to protect the revenue from recently announced or future royalty increases, can the minister confirm that the $13.4 billion expected revenue over the forward estimates from the mining resource rent tax to the Commonwealth is under threat?

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