This should put to rest the "sovereign risk" attacks by the Libs on the mining tax
Australian mines top global investment list
Australian mines continue to rank as the world's top investments in terms of political risk, despite the looming introduction of the mining tax.
In its annual political risk assessment of the mining industry, global resources consulting firm Behre Dolbear placed Australia at the top of its 25-nation ranking, ahead of Canada, the US and Brazil.
Behre Dolbear chief executive Karr McCurdy says Australia has topped the list for several years.
Mr McCurdy says any investor concerns about the mining tax are mitigated by the quality of Australia's resources, the ease and transparency of approvals, and the fact that many other countries are considering similar taxes.
"There's no place better than Australia to put your investment dollars at work with respect to the underlying political, if you will, risk," he said.
The survey examines how nations' political policies and business conditions promote investment growth in the mining sector.
It does not consider economic returns or other investment factors as part of its assessment.