Rantings...

By George, I think she’s done it…

In Australia on July 3, 2010 at 12:02 PM

I am woman, hear me roar. Picture: SMH

Julia Gillard has kicked the Australian mining industry to the ground with a sharp stiletto heel by getting them to agree to a 30-percent ‘not-really-super-profits’ mining tax within her first full week in office. With the class of a seasoned professional, Prime Minister Julia Gillard has managed to put her money, or rather the mining industry’s money, where her mouth is. Taking a sizable bite out of coal and iron ore profits, yet not enough to get her head bitten off, showing sharp leadership, where before there was none.

Having the balls to come to an agreement quickly and decisively, proves that Julia Gillard is taking it to her critics and supporters alike. Even though some may see it as a back-flip, the fact that Gilard was able to firm up any agreement with bratty miners in such a quick turnaround, is a mark of a confident leader who realized that one big compromised deal in the hand, is better than none in the bush.

It will be interesting to see how Liberal Party Opposition Leader Tony Abbott, will try to diminish this tax deal and take-down Julia Gillard’s decision-making skills in the coming weeks. That is, once he wipes that muddy red-ore dirt of his face. Good luck Tony, maybe running will help?

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  1. I dont think Gillard government has done anything really, other than hoodwinking the mining industry and australians, by re-jigging the calculations of government revenue projections, using higher input cost figures to those in the original RSPT model. Honestly, how can you believe that such a significant change in the revised tax model will only shave 1.5b off the budget? You dont have to be an accountant to know that something is very fishy.

    Love your blog, but seriously disagree with your views on Gillard.

  2. It may be fishy, but with moves like that she may very well be swimming all the way to an election win. If it is good for Australia, good for miners, good for anyone, we will see. But as far as a strategic decision goes, it was a very smart political move at the time. Rudd struggled, Gillard fixed, and Tony looked like an arse.

  3. Actually, I think she was too hasty with making the deal and made a big mistake by changing the input costs. Anyone who bothers to try to understand what this really means, will see her and the government as a bunch of con artists. And if making fishy deals is going to allow her to swim to an election win, then its says a lot about the Australian people, and not in a good way.

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