Bloomberg News

Australian MRRT to Boost Pension Savings A$500 Billion by 2035

October 27, 2011

Oct. 28 (Bloomberg) -- The Mineral Resource Rent Tax proposed by Australia’s government will help boost pension savings by A$500 billion by 2035, Deputy Prime Minister Wayne Swan said today, according to an e-mailed statement.

To contact the reporter on this story: Tim Smith in Sydney at tsmith58@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net


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