Australian Treasurer Wayne Swan said he "strongly disagrees" with claims that the government's proposed resources super profits tax will damage the country's mining industry.
"Threats and abuse" in response to the plan won't alter the goverment's resolve in proposing the measure, Swan said in his economic note, distributed today by e-mail.
The government is committed to consulting on the plan, he said. "I can assure all shareholders that the government is genuine about consultation, and working through the transitional arrangements and detailed design of this important new tax reform for Australia," he said.
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