| Internal critics are striking back against domestic and international calls for Australia to establish a sovereign wealth fund (SWF) on the back of a commodities boom fueled by rising Asian demand.
Australia is faced with the question of what to do with the proceeds of a large surge in demand for its vast deposits of coal and iron ore. At the heart of the dispute is whether Australia should try to emulate Norway by establishing a sovereign wealth fund or rather impose a tax on mining profits as the best way of capitalizing on the boom..............................................Full Article: Source
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