…who hadn’t said a word in favour of it while it was being attacked

As I predicted yesterday morning before Gillard’s announcement, certain industry groups are suddenly realising that they might have cocked up their response to the Rudd government’s RSPT package.

If a government proposes to give you something you want, and a third party runs a vastly expensive advertising and political campaign to kill it, and you don’t say a word in favour of it for almost two months while the government is being beaten to death for trying to help you, then you can’t expect them to be sympathetic when they conclude it mustn’t have been that important to you (my additions in bold):

”The decision not to proceed with the company tax cut to 28 per cent is deeply disappointing, while the retention of the proposed superannuation guarantee increase leaves business with a very big bill,” the Australian Industry Group chief executive, Heather Ridout, who hadn’t said a word in favour of it while it was being attacked, said.


Retailers were also unhappy. ”Due to tax concessions to the mining sector, the Gillard government has penalised all companies and small businesses that were due to benefit from the promised company tax cut,” said the Australian Retailers Association director, Russell Zimmerman, who hadn’t said a word in favour of it while it was being attacked.

Same goes for the small miners who the RSPT package was supposed to help, who let the big 3 miners speak for them and are now complaining that they’ve been ignored:

Meanwhile, West Australian company Atlas Iron says small miners have been sidelined in the negotiations on the tax so far… [managing director David Flanagan who hadn’t said a word in favour of it while it was being attacked] says big miners cannot speak on behalf of smaller companies.

You were happy for them to do so last week, David.

I’d been asking for some time why the Australian business lobby was letting the mining companies kill their tax cut – was it not important to them? They’re pretending it is now, but their actions over the last two months say the complete opposite.

Sorry, guys – Labor tried to extend an olive branch to you and, in a display of utter bastardry, you let them hang for it. Enjoy the consequences, you short-sighted idiots.

UPDATE: Spock isn’t impressed by the creeps worming their way out of the woodwork, either.

UPDATE #2: Spock attempts to get his own tax negotiations underway.

5 responses to “…who hadn’t said a word in favour of it while it was being attacked

  1. confessions

    Well said.

    It was pretty clear that the government would have to claw back in order to give further concessions to Big Dirt, and the drop in company tax rate was an obvious target. Jaw-droppingly stupid tactics by the rest of the business sector.

  2. Morons.

    Any chance we’ll see our independent-minded journo’s give them a bit of a grilling on this point?

  3. Marek Bage

    I’m seeing a nose.
    I’m seeing a knife.
    And I’m seeing a spited face.

    Still, SB is happy so everything should be fine.


  4. Some journos have already questioned the Chief Executive of the Chamber of Commerce and Industry.

    Given they did make that link though, should business have lobbied to get more revenue out of the miners?
    No, the mining tax is not just going to be confined to the mining industry. This industry does not operate in isolation
    from the rest of our economy either domestically or globally. What it means is that a $7.5 billion a year extra tax hit
    on the mining industry will work its way through our broader economy, both upstream and downstream. In those
    circumstances, the business community is interested in reducing the overall tax burden on the Australian economy as a
    result of Government expenditure and governance programs.
    If we reduce the tax burden on the business community, whether it is the mining industry or the broader business
    community, then we will be able to grow our economy more strongly and the Government will ultimately get more
    revenue from a growing economy.

    Another interesting comment:

    “The Government is taking $7.5 billion per year in additional tax revenue,
    and only returning about $2.5 billion of that per year to the business community through business tax relief. That is not
    sufficient to support a tax reform agenda that this country needs.”

    Apparently the industry’s view of ‘tax reform’ is “take money from one business and give it to the rest. Screw the workers.”

    Finally he follows up with the debunked claim that the minining industry saved the Australian economy:

    “The Government needs to ensure that if it is going to tap an industry on the shoulder for an extra $7.5 billion a year, when
    that industry has saved this country’s bacon”

    That alone should discount him from contributing to public discussion.

    “In the year 2013-2014, about $2.6 billion of the original proposal was estimated to go into general revenue. The
    Government had plenty of scope, without having to even go to its own budget savings, to maintain those business tax
    cuts which should have actually been deeper than originally proposed. The Government does have scope, in a $400 billion
    a year budget, to make savings.”

    Why the fuck would they bother trying to find savings to pass on more tax cuts to you when they offered to do so originally and you showed exactly zero support for them while your mining lobby mates brought down a PM.

    They cut their own legs off and then complained when they were only half as tall. What a bunch of utter rotters.

  5. if they dont like it, we can always get rid of the company tax cut altogether.

    actually, why are we dropping their tax rates anyway? 30% rate is already one the best in the developed world

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