Tax Facts

The minerals industry pays a wide variety of taxes, charges and levies to governments in Australia.

Mining companies have been our largest corporate taxpayers in recent years.

The industry paid an estimated $156 billion in federal company tax and state royalties alone between 2004-05 and 2013-14.

That’s roughly equivalent to Commonwealth spending on child care payments, carers and the Pharmaceutical Benefits Scheme over this period.

The annual contribution to government revenues from the minerals industry is roughly four times what it was before the mining boom. 

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