Coal


Senate Should Repeal Mining Tax

Joint statement from John Osborn, Chief Operating Officer, Australian Chamber of Commerce and Industry; Jennifer Westacott, Chief Executive, Business Council of Australia; and Brendan Pearson, Chief Executive, Minerals Council of Australia. Three of Australia’s leading business groups are today calling on the Senate to repeal the Minerals Resource Rent Tax. The tax imposes an unnecessary additional burden on Australia’s mining industry, which already pays about $20 billion a year in company tax to the commonwealth and royalties to state governments. It also acts as a disincentive to invest in Australia’s minerals sector at a time when the industry is facing pressing challenges to improve productivity and cost competitiveness. The mining tax is simply another layer of tax on top of company tax and royalties. It does not constitute tax reform. Repeal of the MRRT will help improve Australia’s reputation as an attractive investment destination in the highly competitive global resources market. A strong, growing industry attracting investment will secure prosperity, jobs and higher government revenues for Australia into the future. Australia’s mining industry has paid almost $117 billion in company tax and state royalties since 2006-07. What the mining sector needs now is a reduction in costs and certainty about the tax environment it operates in. That will help bring home the next wave of investment in this important sector. The Senate should vote this week to repeal the MRRT.

Senate Should Support Carbon Tax Repeal

Four of Australia’s leading business groups are today calling on the Senate to swiftly repeal the carbon tax. Australia’s carbon tax is one of the highest in the world. It is making our key industries less competitive every day it stays in place. Most businesses have been unable to pass their carbon tax-related costs on to customers. For small business especially, this has been a major burden that has reduced profitability, suppressed employment and added to already difficult conditions. The negative economic impact of the carbon tax on energy prices and jobs is recognised by both major parties. That is why there was bipartisan support for the ‘termination’ of the carbon tax at the last election. Many cross-bench Senators were also elected on a platform of repealing the carbon tax. But timing makes all the difference. Acting now to repeal the carbon tax would boost business confidence and should be part of a broader national push to reduce high energy costs. Delaying repeal until the new Senate sits would not achieve anything for the environment. It would simply expose business to increasing and damaging uncertainty over the electricity prices they will be obliged to pay from 1 July 2014. We urge the Senate to repeal the carbon tax as soon as possible.

Greens and Lock the Gate must denounce dangerous protest activity

Australia’s resources industry is calling on The Greens and the Lock the Gate Alliance to denounce civil disobedience action at work sites across the country before someone is seriously injured. The APPEA and MCA recognise there is legitimate interest among landholders and communities on how resources are produced. Those issues are best addressed through open and transparent dialogue based on facts rather than through fear and threatening behaviour. In recent weeks we’ve witnessed protesters chain themselves to vehicles, dangle from machinery dressed as bats, lie in the path of vehicles and intimidate landholders who are happy to have exploration take place on their properties. In Bentley, in the Richmond Valley of northern NSW, there are reports today that anti-gas activists have installed steel spikes at the entrance to a dairy farmer’s property and on previous occasions have welded his entrance gate shut.
Yet the Greens continue to openly endorse civil disobedience classes as part of an untruthful campaign that claims to protect the rights of farmers. Apart from dangers to life and property, such campaigns prevent workers from getting to jobs that support their families and drain police resources from where they’re needed most. Instead of trying to demonise Australia’s resource industry the Greens have an opportunity today to show leadership, debate policy on fact, not emotion, and stop civil disobedience.

19 PER CENT EMISSIONS REDUCTION TARGET WILL DESTROY AUSTRALIAN JOBS AND LIVING STANDARDS

Reports today that the Climate Change Authority is proposing a 19 per cent emissions reduction target by 2020 demonstrates that the CCA has lost touch with reality. With thousands of jobs already lost due to a softening economy and failed climate policies like the carbon tax, the last thing Australia needs is one of the world’s harshest emissions targets.

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