Debt funding will dry up under RSPT: KPMG

THE net present value of a range of greenfield bulk commodity projects will be slashed if the federal government’s resources super-profits tax is introduced, according to a new report compiled for the Minerals Council of Australia, putting at risk billions of dollars worth of new gold, nickel and copper mines in particular.

Debt funding will dry up under RSPT: KPMG Debt funding will dry up under RSPT: KPMG Debt funding will dry up under RSPT: KPMG Debt funding will dry up under RSPT: KPMG Debt funding will dry up under RSPT: KPMG

The report, compiled for the MCA by KPMG, is a comprehensive and detailed look at the likely impact of the RSPT and predicts dire consequences for the industry’s ability to attract funding for new