Presented by: Professor Ross Garnaut, Vice-Chancellor’s Fellow and Professorial Fellow in Economics at the University of Melbourne
Location: Basement Theatre, Faculty of Business and Economics Building, 198 Berkeley Street, Carlton
Date: Thursday 20 May 2010
Ross Garnaut, with Anthony Clunies Ross, is the author of the 1975 article in The Economic Journal that opened global discussion of resource rent taxes, and of the authoritative 1983 book The Taxation of Mineral Rent, Clarendon Press, Oxford.
The Garnaut – Clunies Ross Resource Rent Tax has been applied in many countries, including Australia for offshore petroleum (the Petroleum Resource Rent Tax, PRRT). Professor Garnaut will assess the proposed Resources Super Profits Tax as a form of mineral rent taxation, discuss transitional issues, and analyse its interaction with other policy issues in the resource sector — including Climate Change and carbon pricing, and the two-speed economy.
Professor Ross Garnaut is Vice-Chancellor’s Fellow and Professorial Fellow in Economics at the University of Melbourne. He is also Distinguished Professor of Economics at The Australian National University.
Professor Garnaut is Vice-Chancellor’s Fellow and Professorial Research Fellow, The University of Melbourne, a Director of the Lowy Institute for International Policy and he is an Honorary Professor of the Chinese Academy of Social Sciences and a Fellow of the Academy of Social Sciences of Australia. Professor Garnaut was Australian Ambassador to China (1985 to 1988) during the Prime Minister-ship of Bob Hawke AC when China’s first investment in Australia took place. The Channar joint venture between the Chinese steel industry and Hamersley Iron became a model for subsequent Chinese investment in Australia.
See the full transcript of Professor Garnaut’s speech(PDF 302KB)