Mike Nahan 'agreed on Rio, BHP levy': Brendon Grylls

Written on the 25 February 2017

Mike Nahan 'agreed on Rio, BHP levy': Brendon Grylls West Australian Nationals leader Brendon Grylls has suggested that Liberal Treasurer Mike Nahan privately backed a plan to raise $7.2 billion from iron ore miners BHP Billiton and Rio Tinto, a move that would erase the cash-strapped government's budget­ deficit.

In a sensational claim, he also accused Dr Nahan of not telling the truth earlier this month when he threatened to resign as Treas­urer if the Liberals agreed with Mr Grylls to introduce the levy after next month's state election.

His comments will heighten tensions between the alliance partners and add fuel to Labor's claims that a re-elected Liberal-Nationals government will adopt Mr Grylls's contentious tax policy.

The Nationals want to increase a special lease rental on BHP and Rio Tinto from 25c to $5 a tonne on their Pilbara iron ore product­ion, arguing that the fee has not been increased since the 1960s.

Read more...

Source: The Australian


Upcoming Events

Latest news

Contango's Bill Laister favours Mount Gibson's Koolan Island iron ore

Bill Laister has been in funds management since 1989, getting a taste for investing in the most rambunctious environs of the analogue age. The Contango Asset Management senior portfolio manager started out as an operator on the trading floor, or as he puts it, "one of the guys that was screaming at the chalkies". For the Liverpo...

Read More

Articles via RSS rss

Sign Up for the latest news & events

Does your business attract, recruit and retain staff by offering employment or work experience to young Aboriginal employees?
CLICK HERE to become a Working Together Employer of Choice.

 

Members

We are located at:

6 Napier Tce
(behind the Westpac bank)
Broome
WA 6725

Chamber office hours

Monday: 10am - 3pm
Tuesday: 10am - 2pm
Wednesday: 10am - 3pm
Thursday: 10am - 2pm
Friday: 10am - 2pm

Please ring for an appointment

Phone

(08) 9193 5553

After Hours

0410 967 509