Just days after the ALP replaced Kevin Rudd with Julia Gillard as PM, Rio Tinto boss Tom Albanese delivered a blunt warning to governments around the world, especially Third World governments, not to be tempted to go for what he called “resource nationalism”.
“As you know, the original May proposal for a super tax caused a furious national debate in Australia”, Albanese told a gathering of mining executives and big investors at Lord's in London.