'Many have long considered Australia's left wing labor party as a watermelon party, green on the outside but red in the middle. Their climate change agenda was a case in point.

On the outside it was programme marketed to save the world but on the inside it just looked like a great big socialist tax crab designed to redistribute wealth.

Their proposed mining tax grab doesn't even try to hide behind a green exterior, it simply paints the industry as green capitalists stripping our resourses.

This government though incompetence and flawed ideology has striped the nation of it's wealth and is now attacking an industry it thinks is a soft target.

Who will be next?

I'm sure the banks must be getting nervous.'