Swan embarrassed about MRRT: oppn PDF Print E-mail
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Friday, 08 February 2013 08:18

The federal opposition says Treasurer Wayne Swan has not released revenue amounts raised by the government's mining tax because he is embarrassed about the consequences of a MRRT hole on the federal budget.

The Senate this week ordered the tax commissioner to reveal how much money, if any, has flowed into Treasury coffers from the minerals resource rent tax (MRRT) since its introduction on July 1, 2012.

Despite repeated calls to reveal the amounts, the Labor government has insisted the commissioner can't divulge what mining companies have paid due to legal reasons.

But on Friday, Mr Swan said the government believes MRRT revenue data should be published, if the Australian Taxation Office (ATO) decides it can.

"If the ATO assesses it can provide information specifically about MRRT revenue from the second quarter to the government, then we will ensure it is made public," he said in a statement.

Shadow assistant treasurer Mathias Cormann said if Mr Swan really wanted to release the figures he would have done it long ago.

He described Mr Swan's statements as "breathtaking in their insincerity".

"He has spent the past two-and-a-half years desperately keeping all the MRRT revenue detail secret," Senator Cormann said in a statement.

"He is still playing for time now."



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