Publication Name: PESA News
Authors: Troy Douglas
Publication Issue: 119
Date Published: August 2012
Number of Pages: 3
Abstract:
Minister for Resources and Energy, Martin Ferguson has commented to PESA News Resources that the Dutch Disease is a phenomenon not being experienced in Australia; he claims that Dutch Disease is mainly relevant as a result of declining reserves. However, the Labor government does believe in additional taxation on the resources sector and while there are many liberal MPs calling for a Sovereign Wealth Fund there are those who disagree with higher taxation on the resources industry.
But why can't we do both?