Media Releases


MINING INDUSTRY PAYS ALMOST $117 BILLION IN TAXES AND ROYALTIES

The Australian minerals industry has paid almost $117 billion in company tax and royalties since 2006-07, new figures from Deloitte Access Economics (DAE) show. The figures do not include a range of other taxes and charges including the carbon tax, the Minerals Resource Rent Tax and payroll tax.

MINERALS INDUSTRY ACKNOWLEDGES FURTHER ACTION ON PROJECT APPROVALS

The decision today by Environment Minister Greg Hunt to progress the assessment of 47 resources projects covered by the so-called “water trigger” removes one of the blockages in Australia’s complex approvals system. But in doing so, these projects will now be subjected to further unnecessary regulatory delay.

MINERALS INDUSTRY WELCOMES MOVES TO CUT GREEN TAPE

The signing of a Memorandum of Understanding to streamline project approvals between the Commonwealth and Queensland Governments today is an important step forward in reducing Australia’s cumbersome and inefficient green tape burden.

AUSTRALIA’S CARBON TAX: A BILLION DOLLAR DEADWEIGHT ON MINING

The cost of the carbon tax on Australia’s minerals industry now exceeds more than $1.2 billion a year when the price of emissions permits, the impact on diesel fuel and higher energy charges are included.

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