Senate debates

Wednesday, 31 October 2012

Questions without Notice

Mining

2:00 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

Mr President, my question is to Senator Wong, the Minister representing the Treasurer. Can the minister confirm that, under Labor's special mining tax deal with the three biggest miners, the government will have to pay more than 10 per cent compound interest on any royalty credits which are accumulating while those miners do not pay any tax?

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