Dryblower on the resource super tax and capital migration

OLYMPIC Dam, to most people, is a hole in the ground. The way Dryblower sees it, the hole is about to become a prominent lightning rod, and possibly the place where the owners of Australia’s mineral industry start a strike against the new Resource Super Tax.

Others will join in the “capital strike” which will be a reaction to Australia suddenly becoming one of the highest-taxing countries in the world as far as mining is concerned.