Will the MRRT be enough for Gillard?

As commodity prices slide and mining costs soar, the estimated revenue from the MRRT is drying up. The fear levels of miners may be on the rise again if the Gillard government tries to find another pre-election pot of money to share.

Julia Gillard can’t take a trick. The day after she gave a lecture to the mining industry on resource ownership and the government’s determination to spread the benefits of the boom, her Treasury Secretary, Martin Parkinson, told a Senate committee the ‘’golden bit’’ of the resources boom is over.

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