Posted in | News | Mining

BHP Billiton Welcome New Prime Minister's Offer to Negotiate on Mining Super Tax

Today, BHP Billiton Chief Executive Officer, Marius Kloppers, said that the company was encouraged by the comments of the Australian Prime Minister, Julia Gillard, that her Government will open the door for negotiations with the objective of achieving consensus.

"The industry has consistently been calling for the Government to properly engage on all aspects of the tax and we welcome the opportunity to do so. We agree with the Prime Minister that 'the uncertainty around the introduction of the proposed super mining tax must be ended'."

"BHP Billiton has consistently stated that any new resources tax must be prospective, competitive, differentiated and resource based," Mr Kloppers said.

"It is very important that this issue is resolved quickly and consistently with these four principles for the benefit of all Australians. They underpin investment decisions, are central to Australia's reputation and affect our employees and shareholders."

In response to the Prime Minister's request, BHP Billiton has immediately asked our agencies to suspend all advertising as a sign of good faith.

"We look forward to working with the Government in this new way so as to quickly find a solution that is in the national interest", Mr Kloppers said.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    BHP. (2019, February 10). BHP Billiton Welcome New Prime Minister's Offer to Negotiate on Mining Super Tax. AZoM. Retrieved on February 23, 2024 from https://www.azom.com/news.aspx?newsID=22344.

  • MLA

    BHP. "BHP Billiton Welcome New Prime Minister's Offer to Negotiate on Mining Super Tax". AZoM. 23 February 2024. <https://www.azom.com/news.aspx?newsID=22344>.

  • Chicago

    BHP. "BHP Billiton Welcome New Prime Minister's Offer to Negotiate on Mining Super Tax". AZoM. https://www.azom.com/news.aspx?newsID=22344. (accessed February 23, 2024).

  • Harvard

    BHP. 2019. BHP Billiton Welcome New Prime Minister's Offer to Negotiate on Mining Super Tax. AZoM, viewed 23 February 2024, https://www.azom.com/news.aspx?newsID=22344.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Azthena logo with the word Azthena

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.