Financial Standard Comments - Inquiry recommends MRRT and LISC be scrapped The low income superannuation contribution looks set to be scrapped following the Senate Economics Legislation Committee's recommendation that the Minerals Resource Rent Tax (MRRT) and Other Measures Bill 2013 be passed. https://www.financialstandard.com.au/feed/latest?story=36613047 Tue, 03 Dec 2013 12:57:11 +1100 Tue, 03 Dec 2013 12:57:11 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Geoff Grace (Geoff Grace Contract Consulting) Of course the MRRT should be scrapped. As a Voluntary Director of the Fight For Australias Future Foundation, and a Metallurgist, I passionately argued how counterproductive it would be to Australias Mining position with off shore mines more attractive and jobs leaving Australia. Its a great shame that our politicians and economists are not more grounded in the technical and cost factors of winning ore and producing viable yield.

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]]> Geoff Grace (Geoff Grace Contract Consulting) Tue, 03 Dec 2013 12:57:11 +1100