The Australian Greens welcome the establishment of a Senate Inquiry into the mining tax.
"I am pleased that our motion to set up an inquiry into the design of the mining tax won the support of the Coalition and passed the Senate today." Australian Greens leader Senator Christine Milne said today.
"This is a win for transparency, and a win for the community. It's about time Australians found out why the Gillard Government agreed to a dud mining tax, why the mining tax has failed to raise the billions that were promised, and how to fix it.
"The Greens are committed to fixing the mining tax so that we can spread the benefits of the boom and raise the much-needed revenue to support single parents, fund the Gonski school reforms, give Australians access to better dental care and implement the National Disability Insurance Scheme."
This inquiry will look at:
(a) the design of the MRRT and the extent to which the design of the tax as opposed to other factors such as commodity prices are responsible for the mismatch between actual revenue and revenue projections;
(b) the process by which the MRRT was designed, including the extent of the involvement of Treasury and mining corporations who would be paying the tax;
(c) the extent to which, if at all, the government took into account the views of communities affected or potentially affected by iron ore and coal mining when designing the tax;
(d) implications for the budget; and
(e) any other related matter.