Extreme government revenue raising could risk destroying a recent jump in resources activity, an industry defender said. The Queensland Resources Council is deeply concerned the State Government...
Tag - Tax
The Minerals Council of Australia has spoken out against a proposed $7.2 billion iron ore tax hike for Western Australia. National Party leader Brendan Grylls wants mining giants BHP and Rio Tinto to...
The following is a statement from Minerals Council of Australia Chief Executive Brendan Pearson regarding the Federal Budget. The 2016 Federal Budget is a strong pro-growth budget. It...
The Australian Tax Office (ATO) has recently released new changes to Fringe Benefits Tax which will affect some in the mining and resources industry and the broader community. The new fringe benefits...
The minerals industry in 2013-14 faced a tax ratio of 47 per cent (including company tax and royalties), according to the annual Minerals Industry Tax Survey released today by the Minerals Council of...
Multinational oil giant Chevron will be forced to pay more than $300 million after losing a landmark appeal in the Federal Court last week. Chevron was ordered to pay more than $250 million in back...
The Exploration Development Incentive, designed to give tax breaks to junior mineral explorers, was legislated in federal Parliament yesterday. The Government says the new legislation is aimed at...
Yesterday’s repeal of the Mining Resources Rent Tax (Mining Tax) by the federal Senate has been whole-heartedly welcomed by Australia’s biggest resources industry groups, with the tax...
