Australia Mining Tax Will Not Impact Investment: Expert
March 19, 2012 at 02:27 AM EDT
The Australian Senate will vote on the controversial A$11 billion (US$12 Billion) mining tax on Monday, amid a swathe of opposition that claims the tax is unfair, will not deliver the profits the government is seeking and worst of all, deter investment in Australia's mining industry. However, one expert told CNBC these fears were overblown.