The body that is the representative of the not-for-profit super sector desires the supervisory body to look into the ads against the resource super-profits tax.

The Australian Institute of Superannuation Trustees yesterday wrote to the Australian Securities & Investments Commission debating that it was confusing for the mining industry to assert that the planned mining tax would be a hand grenade for super investments.

The industry's worries came as the Government had to face additional fire coming from the mining industry, with Small Business Minister, Craig Emerson, addressing an antagonistic swarm of 350 miners in Adelaide after Resources and Energy Minister, Martin Ferguson stepped back.

The hand grenade parallel came from self-funded retiree, Ross Bray, of Whyalla, in South Australia, who spoke about his concerns in television and print ads for the Minerals Council of Australia.

AIST Chief Executive, Fiona Reynolds said the projected RSPT had not affect upon super, pointing to sturdy share prices in the mining sector.

Mining and business leaders in South Australia yesterday, listened to terrible warnings concerning what the RSPT would denote for the state's rising resources industry.

South Australian Chamber of Mines and Energy Chief Executive, Jason Kuchel told Dr. Emerson BHP Billiton's $20 billion Olympic Dam development would not be feasible under the new mining tax.