Anger at Australia mining tax

Industry in uproar as government proposes tax on "super-profits".

    The Australian government has proposed a "super-profits" tax for giant mining corporations in its annual budget released on Tuesday.

    The country escaped the global economic slump almost completely unscathed, thanks largely to its massive mining industry.

    A proposal to impose a 40 per cent tax on "super-profits" made by mining companies has now prompted an uproar among industry players.

    Al Jazeera's Harry Fawcett reports, from Kalgoorlie in Western Australia.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The peace games: Dreaming big for South Sudan's youth

    The peace games: Dreaming big for South Sudan's youth

    A relatively new independence and fresh waves of conflict inspire a South Sudanese refugee to build antiwar video games.