MRRT

Analysis and Comment (9)

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The mining tax is fraught with significant design issues. But can it be fixed? AAP

Reforming the mining tax: is it possible?

By John Freebairn, University of Melbourne

The Commonwealth government’s mining tax, the minerals resource rent tax (MRRT), has been a continuing source of controversy. It is easy to point to its significant problems, but a considerable challenge…
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Martin Ferguson, Julia Gillard and Wayne Swan announced the MRRT in 2010 … but three ministers and three miners do not a policy make. AAP/Alan Porritt

In mining and governing, policy made on the fly is likely to flop

By Bronwyn Hinz, University of Melbourne

Most controversial public policy could be said to be made on the run, or at least amended on a brisk walk. So the revelations in Peter Martin’s recent article on the errors embedded in the Gillard government…
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The abolition of royalties, as well as fluctuations in iron ore and coal prices, have had an effect on the mining tax’s capacity to generate revenue. AAP

Mining tax design is responsible for revenue shortfall

By Jonathan Pincus

Why hasn’t the Minerals Resources Rent Tax (MRRT) produced significant revenue? The answer lies in a combination of basic features of the MRRT design, and the recent fluctuation in prices of iron ore…
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Fortescue founder and current non-executive chairman, Andrew Forrest has been a prominent critic of the federal government’s mining tax. The company has finally launched a much anticipated High Court challenge to the tax. AAP

Fortescue launches High Court challenge to mining tax

By Michael Crommelin, University of Melbourne

Perth-based mining giant Fortescue Metals Group has launched a last-minute High Court action against the mining tax, planning to argue the legislation – due to start on July 1 – breaches the Australian…
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If we’re going to talk about how safe CSG is (or isn’t), we need to look at the full picture. AAP/Origin Energy

Coal gas seams good … until you measure the methane

By Colin Hunt

The Mineral Resources Rent Tax passed through the House of Representatives last week, but not without negotiations with the Greens and independent MPs. Perhaps the most significant outcome of negotiations…
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Paul Cleary’s book, Too Much Luck, highlights the many negative consequences of the mining boom. AAP

We are letting our resources luck turn to dust

By Kerry Carrington, Queensland University of Technology

Paul Cleary’s book Too Much Luck: The Mining Boom and Australia’s Future, is a timely appraisal of the dramatic economic and social impacts, as well as the political ramifications of the current resource…
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Changes to the MRRT will leave a gaping hole the revenue the tax originally promised. AAP

We’ve gained a mining tax, but lost a rare opportunity

By John Passant

Federal Labor’s mining profits tax was originally designed to be a redistributive measure from a very profitable section of capital to all of capital through company tax cuts. The mini-me Mineral Resources…
Miningred
Paul Cleary’s book, Too Much Luck, paints a negative picture of Australia’s mining industry. AAP

Has the mining boom given us ‘too much luck’? Hardly

By Stephen Kirchner, University of Technology, Sydney

If Paul Cleary is to be believed in his recently published book, Too Much Luck: The Mining Boom and Australia’s Future, the resources boom is the worst thing that ever happened to Australia. He maintains…

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