From the Chile Mines Minister via The Oz:
"CHILE, the world's biggest copper producer, has joined Canada in describing the Rudd government's planned resource super-profits tax as a chance to strip global market share from Australia.
But rather than focusing on the level of the tax making Chile more competitive, Chile Mines Minister Laurence Golborne said it was the unstable nature of Australia's tax regime that could send investment dollars to Chile.
"The situation in Australia is a tremendous opportunity for Chile, if we can offer the mining sector stability and tranquility," Mr Golborne said in Santiago."
Real-time, stream-of-consciousness insights on financial markets, economics, policy, housing, politics, and anything else that captures my interest. Tweet @cjoye
The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."