> Actually wasn't the it called mining 'super' tax becuase it was to fund superannuation? Hah! No. It was a "super profits" tax because it did not kick in u

> Actually wasn't the it called mining 'super' tax becuase it was to fund superannuation? Hah! No. It was a "super profits" tax because it did not kick in unless a project was making a rate of return above 5 or 6 percent or so. So it only taxes "bonanza" profits and has no effect on companies that are making a "normal" rate of return. As for superannuation - there was some sleight of hand as well. The increased super was to be paid by companies. This was then to be partially (but not fully) offset by dropping the company tax rate, which in turn was funded by the super profits tax. So yes, they were linked, but not nearly as directly as they wanted you to believe.