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STOPPING COAL EXPORTS STRATEGY

The elaborate strategy to disrupt, delay and destroy coal mining projects revealed today is a direct attack on Australia’s national interest. The coal industry, which employs tens of thousands of Australians and generates more than $50 billion per year in export revenue, is vital to Australia’s economic well-being and energy security. Without an increase in coal exports, Australia would have slipped into a recession during the Global Financial Crisis.

LIFT THE SPEED LIMIT ON THE ECONOMY: MCA PRE-BUDGET SUBMISSION

Realising the opportunity of the mining boom and lifting the speed limits of Australia’s economy at a time of global economic uncertainty should be the focus of the 2012-13 Budget. The MCA is urging the Government to shift gears from spreading the benefits of the boom (through higher and ineffective taxes like the carbon tax, ad hoc spending and increased regulation) to tackling the real challenges of fiscal sustainability, productivity growth, expanding supply-side capacity and enhancing the economy’s structural flexibility.

2012-13 PRE-BUDGET SUBMISSION

A sustained surge in mining investment and related activity is bolstering the Australian economy in the face of global economic uncertainty. Recovery in minerals production and exports following severe floods early in 2011 has underpinned the nation’s export performance with minerals exports (excluding oil and gas) reaching $154 billion in 2010-11 (52 per cent of Australia’s total exports).

Waste Management and Pollution Control Act Amendment Bill 2012

As you may be aware the Minerals Council of Australia represents Australia’s exploration, mining and minerals processing industry, nationally and internationally, in its contribution to sustainable development and society. MCA’s member companies produce more than 85 percent of Australia’s annual mineral output. Northern Territory members comprise more than 100 individual mining, exploration and service support companies operating in the jurisdiction and comprise 25 percent of the Territory’s gross state product, employing more than 4,600 people.

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