Mining tax raised bugger all due to the Liberals repealing it before the mrrt allowances were exhausted. Of course the costs outweigh the return when you dump it before the revenue phase kicks in. Idiot Abbott.
Meanwhile the 3rd world African countries get a better return for their resources than we do from our >80% foreign owned resource companies.
Having to cut back on the Howard government franking credit refund largess is a direct consequence of the Liberal party siding with the >80% foreign owned miners at the expense of the Australian public. Reap what you sow.
