We need a Mining Super Profits Tax, not record dividends
Greens Treasury spokesperson, Senator Nick McKim, has responded to the announcement by BHP that it will pay a record dividend by calling for a Mining Super Profits Tax (MSPT).
“Australia needs a Mining Super Profits Tax."
“BHP shareholders are rolling in cash but the Australian public who own the resources are being shortchanged."
“Mining giants are posting obscene profits on the back of commodity booms, but the benefits are going to corporate executives and shareholders rather than to Australians who are struggling with the spiralling cost of living."