Business

Forrest slams Swan over tax 'war'

Speaking at a Western Australian Chamber of Commerce and Industry dinner in Perth, Mr Forrest criticised the amount the Government has spent promoting the mining tax, likening it to warfare.
Speaking at a Western Australian Chamber of Commerce and Industry dinner in Perth, Mr Forrest criticised the amount the Government has spent promoting the mining tax, likening it to warfare. Contributed

MINING magnate Andrew Forrest has hit back at Federal Treasurer Wayne Swan's description of him as "greedy and irresponsible".

It is the first time the Fortescue Metals Group (FMG) chairman has publicly commented on the issue since Mr Swan's article in The Monthly, which attacked him for his campaigns against the mining and carbon taxes.

Mr Swan criticised mining magnates Gina Rinehart, Clive Palmer and Mr Forrest, saying they were working against good public policy.

Speaking at a Western Australian Chamber of Commerce and Industry dinner in Perth, Mr Forrest criticised the amount the Government has spent promoting the mining tax, likening it to warfare.

He maintained his opposition to the tax, saying it would see BHP, Rio Tinto and Xstrata paying very little, and queried Mr Swan's abilities.

Read more at ABC news online.

Topics:  labor, liberal, mining tax, wayne swan


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