Media Releases


REPEAL OF THE MINERALS RESOURCE RENT TAX

Today’s release of exposure draft legislation is the first step in the Government meeting its long standing commitment to repeal the Minerals Resource Rent Tax (MRRT) - a new tax which imposed an unnecessary impost on Australia’s mining industry.

QLD-COMMONWEALTH MoU ON PROJECT APPROVALS - A LONG OVERDUE BREAKTHROUGH

Today’s signing of a Memorandum of Understanding to streamline project approvals between the Commonwealth and Queensland Governments is a major breakthrough in the long struggle to reform Australia’s green tape burden.

MINERALS INDUSTRY WELCOMES FEDERAL GOVERNMENT MOVES TO CUT GREEN TAPE

Today’s announcement of a framework for the streamlining of project approvals between the Commonwealth and the states establishes a clear pathway for long overdue reform of Australia’s cumbersome and inefficient green tape burden.

BREE CONFIRMS COAL INDUSTRY’S ONGOING VALUE TO THE ECONOMY

Today’s report by the Bureau of Resources and Energy underscores the coal sector’s ongoing value to the Australian economy as our second most valuable export industry. BREE’s Resources and Energy Quarterly September 2013 forecasts the value of Australia’s metallurgical coal exports will grow by an average annual rate of 3.2 per cent to reach $35 billion in 2017-18. The value of thermal coal exports is predicted to rise by an annual rate of 6.3 per cent to exceed $24 billion.

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