Australia's Mining Tax Do-Over

(Canberra) – Controversy was perhaps inevitable after the Australian government floated a plan to heavily tax the companies driving its enormously profitable minerals sector while satisfying China's voracious appetite for raw materials.

Martin Ferguson

Yet Australia's Minister of Resources and Energy Martin Ferguson, who's been standing for months at the controversy's ground zero, thinks leaders can settle the debate and launch a tax system that, although imperfect, balances government and corporate interests.