https://www.engineeringnews.co.za

Martin Ferguson quits

22nd March 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Federal Resources and Energy Minister Martin Ferguson on Friday resigned his post after a near coup by former Prime Minster Kevin Rudd to reclaim his position from Julia Gillard.

Ferguson was one of three ministers who resigned after Gillard retained leadership following a caucus meeting on Thursday, in which Rudd decided not to stand.

Ferguson reportedly said on Friday that, by resigning, he was giving Gillard and the Labour party the opportunity to regain the legacy of reform, an embrace and approach, he said, which looked after all Australians.

Ferguson was one of the architects of the federal government's highly contested super profits tax in 2010, which was later replaced by the current minerals resource rent tax.

He expressed his hope that the current federal government had learned from the “mistakes” made during the initial development of the super profits tax, which in part led to Rudd losing his leadership position.

“You don't have to agree but you need to consult, argue it out, and work out a balance in society,” Ferguson was quoted as saying on Friday.

The Queensland Resources Council (QRC) said on Friday that Ferguson’s departure would leave a “massive gap” in the Cabinet, during a troubled period for the state’s resources and energy sectors.

QRC CEO Michael Roche said Ferguson’s immediate legacy was his trademark candid advice to the Gillard government to forget the class war rhetoric and focus on policies that delivered greater prosperity to all Australians.

“We remain hopeful that Ferguson’s successor will continue the government’s support for low-emissions technology development funding in the interests of Australian and global prosperity,” Roche said.

Human Services Minister Kim Carr and Immigration Minister Chris Bowen have also resigned from their posts.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Bell Equipment
Bell Equipment

As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.082 0.837s - 140pq - 2rq
Subscribe Now