Pallas kicks Vic goldfields in the guts

WE expect too much of our politicians. Just when we think they are on board with the concept that wealth creation in its many forms is a good thing and should be encouraged, they inevitably disappoint, writes Barry FitzGerald.

Pallas kicks Vic goldfields in the guts Pallas kicks Vic goldfields in the guts Pallas kicks Vic goldfields in the guts Pallas kicks Vic goldfields in the guts Pallas kicks Vic goldfields in the guts

Tim Pallas at last year's opening of the Stawell gold mine

Victorian treasurer Tim Pallas has proved no different. In Monday's state budget he gave Victoria's goldfields a kick in the guts by announcing a proposal to introduce a gold royalty.