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Analysis and Comment (10)

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

Reforming the mining tax: is it possible?

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…
Martin Ferguson, Julia Gillard and Wayne Swan announced the MRRT in 2010 … but three ministers and three miners do not a policy make. 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

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’s…
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. 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

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 and…
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. 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

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…
If we’re going to talk about how safe CSG is (or isn’t), we need to look at the full picture. 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

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…
Paul Cleary’s book, Too Much Luck, highlights the many negative consequences of the mining boom. 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

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…
Changes to the MRRT will leave a gaping hole the revenue the tax originally promised. 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

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…
Paul Cleary’s book, Too Much Luck, paints a negative picture of Australia’s mining industry. 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

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…
Will Andrew Forrest succeed in his push to change the mining tax? Others have succeeded in the past. Will Andrew Forrest succeed in his push to change the mining tax? Others have succeeded in the past. AAP

Twiggy’s sticking to his MRRT story, so it’s time for a miner history lesson

Andrew “Twiggy” Forrest’s visit to Canberra earlier this week didn’t prove particularly effective in swaying the government on its freshly drafted mineral resources rent tax (MRRT) legislation. But the…

Research and News (2)