A Fossil Fuelled Future

As the Intergovernmental Panel on Climate Change acknowledges, a strong future for coal and lower CO2 emissions are not mutually exclusive.

The Benefits of the Boom

John Edwards has claimed that the mineral commodity boom had minimal positive impact on the economy, contributing no more than 3 per cent of GDP. In a new MCA Background Paper, economist Jonathan Pincus refutes this conclusion. Pincus finds that “the benefits of the boom as estimated by Edwards should be scaled up considerably, by up to a factor of four”.

COAL: Power to the People

New analysis by the Manhattan Institute for Policy Research concludes coal “accounts for about 40 percent of all global electricity production” and “will likely maintain its dominant role for decades to come.”

The Divestment Myth

Anti-coal activists in Australia say coal divestment is “rapidly growing”. Their colleagues in Europe know that’s not true. Their own chart shows increasing investment as the demand for coal grows to fuel electrification and urbanisation in developing nations. (Source: banktrack.org)

 

Australia Institute Exposed

A new report by the former Secretary of the New South Wales Treasury makes it indisputably clear that the Australia Institute’s analysis of the mining sector cannot be trusted. The Institute is little more than the research arm of The Australian Greens party.

Australia’s Mining Boom

The Bureau of Resources and Energy Economics says the mining boom has had “broad, positive effects on the Australian economy”, supporting “increased employment, regional development and increased revenues for both federal and state governments.”

Australia’s Mining Boom

A Reserve Bank of Australia research paper found that by 2013 the mining boom raised real per capita household income by 13 per cent, increased real wages by 6 per cent and lowered the unemployment rate by about 1.25 per cent – the equivalent of 150,000 jobs.

Mining’s Tax Contribution

Over the last decade, revenues from company tax and royalties have totalled more than $156 billion. The mining industry’s share of company tax has trebled from 8 per cent to around 25 per cent over that time.

Public Policy Monographs

Since the turn of the century, Australia’s competitiveness has collapsed, contributing to the economy’s rate of growth falling below potential. Over this time, Australia has experienced an unprecedented mining boom which sustained income growth and minimised the macroeconomic impact of the global financial crisis (GFC) in 2008-09, greatly assisted by the flexibility of the exchange rate and strong trade ties to Asia, most notably China.

Postgraduate Program in Community Relations

Enrollments are now open for the highly successful Postgraduate Program in Community Relations (Resources Sector).

Memorandum of Understanding

The Australian Government and the Minerals Council of Australia (MCA) have agreed on an innovative partnership that represents another major step towards closing the gap on Indigenous disadvantage.

Australian Mining

These are stories of Australian Mining. They're the stories of our nearly 200,000 employees, and the 600,000 who earn their living in mining-related jobs.

Support for Coal

Prime Minister Tony Abbott speaking in Moranbah, Queensland on 13 October 2014.

Minerals Council of Australia - Latest News and Events

NEW PUBLICATION – URANIUM: AUSTRALIA’S NEXT BILLION DOLLAR INDUSTRY

The Minerals Council of Australia has today launched a new publication that demonstrates how uranium has the potential to be the next billion dollar export industry for Australia.

MCA Victorian Division Pre-budget Submission 2015-16

The Minerals Council of Australia, Victorian Division today released its 2015-16 pre-budget submission urging the Victorian government take a strategic and long term approach to turn the state into an attractive resources investment destination.

GREENS FAIRYLAND CONTINUES – MORE MINING REVENUE WHILE SHUTTING DOWN THE INDUSTRY

It’s timely to remember that when the Senate Economics References Committee Inquiry into corporate tax avoidance sits today, it is the Greens policy to phase out the coal industry while simultaneously also asking the sector to pay more taxes.

Energy White Paper – Right direction but gaps between theory and practice

The Energy White Paper provides a timely reminder of the critical role played by low cost energy in contributing to jobs, better living standards and the competitiveness of Australia’s export and import competing industry sectors.

Remarks to CEDA Trustees’ Luncheon

Thank you to CEDA State Director, Lee Kelly for the invitation and to John Mollard and Baker McKenzie for your hospitality.
My remarks will focus on three themes.
Is the mining boom dead, buried and cremated?  And what was the scale of its contribution to national prosperity?
What is the medium-term outlook?
What is the policy environment in which the minerals sector operates going to look like?

MW2015
3 June 2015 Canberra

The Minerals Week Seminar and Annual Minerals Industry Parliamentary Dinner will be held in Canberra on Wednesday 3 June 2015.