Treasurer deflates flow-through optimism

WITH just over a month left before the fate of flow-through shares in the 2006-07 federal budget is decided, the man who holds the purse strings, Treasurer Peter Costello, has given the strongest indication yet that the pleas of the mining industry will once again fall on deaf ears.

Treasurer deflates flow-through optimism Treasurer deflates flow-through optimism Treasurer deflates flow-through optimism Treasurer deflates flow-through optimism Treasurer deflates flow-through optimism

At a doorstop press conference in Canberra yesterday, Costello told journalists that investment in the mining industry is currently very strong, making incentives for more investment in the industry