Media Releases

Minerals Resource Rent Tax

Today?s proposal on a new Minerals Resource Rent Tax stands to deliver a positive outcome for Australia and its minerals industry. Although there is still considerable work to be done, this proposal should draw a line under the uncertainty created by the highly contentious Resource Super Profit Tax (RSPT) in the minerals industry, its communities, related businesses and capital markets.

Statement: Minerals Council of Australia

The Minerals Council of Australia (MCA) congratulates Prime Minister Julia Gillard on taking office and looks forward to working with her and her Government in the interests of the Australian minerals industry and all Australians.

The Australian Minerals Industry Fact Sheet

Industry Definition and Contribution: The Australian minerals industry is defined as covering the exploration and mining of minerals (including coal) and the associated minerals processing industry. The Minerals Council of Australia, in representing the industry nationally and internationally, is committed to contributing to the sustained growth and prosperity of current and future generations through the integration of sound financial management, responsible social development and effective environmental management.

Coalition climate change policy

The Coalition?s climate change policy strikes at the real intent of pricing carbon ? providing an incentive to reduce greenhouse gas emissions without negatively impacting on jobs, investment, exports and growth. The Minerals Council of Australia welcomes the shift to a policy designed to use incentives as a driver to reduce emissions rather than an approach that is pre-occupied with penalising business to raise revenue.

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