PM pressed by mining tax deadline
New prime minister Julia Gillard is rushing to meet a Friday deadline to conclude the damaging debate over the resource super-profits tax.
This comes amid pressures from the resource industry to keep her pledge of making genuine changes and having "meaningful negotiations" with miners.
Both the government and the mining sector agree that the war will be reignited if progress is not made by the end of the week.
With behind-closed-doors discussions set to resume after Kevin Rudd's removal from leadership, the resource sector is making it clear it still wants proof of modifications to the RSPT by the end of the week or the moratorium on the "advertising war" will be lifted.
Senior government members said "real progress is being made" and the new prime minister had signalled she wanted the debate, which has impacted Labor's standing in Western Australia, South Australia and Queensland, resolved in the nearest future.
Resources Minister Martin Ferguson and Deputy Prime Minister Wayne Swan will face senior mining executives tomorrow in the first full meeting since Ms Gillard pledged "meaningful negotiations". The mining industry hopes there will be valuable changes to the tax Mr Rudd championed when he was prime minister.
Political figures believe enough progress has been achieved for "Julia Gillard to pull it all together", but mining executives are cautious of being given a false lead and are decided to reignite the advertising war with the government.