from this date onwards i think trf will shine, page-7

I dont think that I agree with a 40% Tax, that may be a bit much? But some of the Tax could go back into mining projects e.g. developing infrastructure like roads and ports for those mines, or funding to help other smaller mining companies get off the ground?

It will not stop big companies from mining a resource if its there. 60% is still a big percentage to keep for them selves, but I do understand that there needs to be some sort of concession for mining companies to do business here in Australia. What that should be I don't know?

I am not sure what the easy answer is, but South Australia is certainly being ripped off, a measley 3% is not good enough considering the profits the mines are making off a resource that they don't make themselves, but dig up and process.

With regard to companies going off shore, I don't know where else BHP and everyone else is going to look, considering Australia has a Bounty of the worlds mineral and energy resources under its dirt and ocean, and it is a stable country to do business.

Making threats to go off shore sounds like a greedy cop out - excuse by greedy executives. But as you may be eluding to, 40% may be a bit of a rich tax to charge any business. May be 15% would be better?

Everyone panicked about the GST when that was about to be implemented, but that hasn't stopped everyone from doing business.