WHO's LOOKING AFTER SOUTH AUSTRALIA
The
Federal Government (controlled by the more populous states in the
Lower House) has been adept at taking good tax revenue bases from the
states for their own. Income tax was originally a state tax for
example.
The current government now wants to lay claim to
another state revenue source in the form of its proposed mining tax,
on the basis that our mining resources belong to all Australians. If
this argument was extended, some could claim that these resources
belong to the whole world on this logic. The flipside is that if it
belongs to all Australians, what is the point of Native Title.
Surely there is a strong argument that resources in South
Australia belong to South Australians, yet no one in Federal or State
Politics appears to be standing up for States' rights. If commodity
prices go up at a sustainable level, then the State Government should
increase royalties payable to the State. If mining companies are
making more profit than before, the Commonwealth must already be
getting more in company tax than before.
The big states have
ripped off our water resources, are they to get our mining resources
as well?