Bring on the mining tax! I can't believe the amount of traction miners are getting with their campaign against the super profits tax. Australia is not strong because of mining - the economy is flexible enough to take advantage of whatever boom is going. I have to give credit for the Government "socialising the gains" in this way. It is even a safety net for the miners if conditions go sour, the reduced tax if profits disappear is really a safety net - that is how progressive taxation works.
On the flip side of the coin, on our second biggest earner (correct me if I'm wrong) - higher education, the government has slammed on the brakes for foreign student intakes. I still can't comprehend why we are paranoid enough to think that young immigrants paying through the nose to get into our country, but still being subject to long term assessment should be slowed. When I compare the amount of money the Government "invest" in my children to get them through until they are employable, and compare it to how much they spend on a foreign student immigrant (negative money) - there is no question. Other countries are making the investment, we are getting their taxes. Once the governments in India and China realise this, it is they who will put up the barriers.
I'm having my six children before the government realises that imports are cheaper.