Mining Sector Relieved to See No New Taxes in Australian Budget

The Minerals Council of Australia also said the treasurer was ‘optimistic’ in his ability to control inflation.
Mining Sector Relieved to See No New Taxes in Australian Budget
Coal is stockpiled before being loaded on to ships at the RG Tanner Coal Terminal in Gladstone in Queensland, Australia on Jan. 20, 2012. The Terminal plays a vital role in delivering coal supplies to foreign markets. AAP Image/Dave Hunt
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Australia’s mining industry has expressed relief to see no new taxes in federal Treasurer Jim Chalmer’s recent budget.

“We were very pleased to see that the Albanese government supported the mining industry by ensuring there were no changes at all to tax settings,” said Tanya Constable, CEO of the Minerals Council of Australia, during an online forum on May 21.

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Rex Widerstrom
Rex Widerstrom
Author
Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.