Policy Transition Group - Issues Paper release

The Minerals Council of Australia (MCA) notes the release today of an Issues Paper by the Policy Transition Group (PTG). We will be examining the Issues Paper in detail in advance of consultations with the PTG.

We have similarly released today an initial Submission to the PTG made for and on behalf of the Australian minerals industry by the MCA in conjunction with the Chamber of Minerals and Energy of Western Australia, the Queensland Resources Council, the New South Wales Minerals Council, the South Australian Chamber of Mines and Energy, the Victorian Division of the MCA, the Tasmanian Minerals Council and the Northern Territory Division of the MCA.

This is a technical design paper on the proposed Minerals Resource Rent Tax (MRRT) in accordance with the negotiated Heads of Agreement on the tax and the Terms of Reference of the PTG. As the letter accompanying the Submission notes, we consider it to be a well-considered, united position from the mineral resources industry that outlines priority issues together with specific recommendations on detailed approaches for the efficient implementation of the MRRT.

The paper was lodged with the PTG on Friday 24 September is now available on our website.


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