Coal Media Releases


NEW WEBSITE TO GIVE COAL SUPPORTERS A VOICE

The Minerals Council of Australia is today launching a new website - australiansforcoal.com.au - to give the silent majority of Australians who support coal a voice against the activists and extremists who want to tear the sector down. Public and private polling over several years has shown consistently shown strong support for Australia’s coal sector, the 200,000 jobs its supports, the $40 billion in export income it will generate this year and the $5 billion in wages and $4 billion in royalties its pays annually.

Coal the answer to energy poverty

The world’s cheapest, most versatile and abundant fuel - coal - must be a major part of the solution to global energy poverty, writes Brendan Pearson. The Washington Post reported in February that the world’s sixth most populous nation, Pakistan, has less than 5 per cent of its original forest cover owing to rampant and mostly illegal logging.

Activists must lump it: populace has spoken

IN Michael Frayn’s 1984 play, The Benefactors, one of the main characters is an activist celebrating a victory over a local council. “The sheer pleasure of it!’’ he exclaims. “We shouted council meetings down — democracy now. We didn’t have to worry about being fair or truthful or tidy. That was the great liberation. Fairness and tidiness and truth are for people who’ve got what they want already.’’ The campaigners for the end of coalmining and exports fit a similar description. They can’t get what they want, so they are again turning to the illegal, the dangerous and the irresponsible.

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.

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