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

APPLICATIONS OPEN FOR BHP BILLITON / MCA WOMEN IN ENGINEERING SCHOLARSHIP

Students are invited to apply for the BHP Billiton / Minerals Council of Australia Women in Engineering Scholarship. The scholarship is open to all female undergraduate engineering students studying in Australia and provides $8,000 per annum for the final two years of study.

Submission to the Senate Economics Legislation Committee

Submission to the Senate Economics Legislation Committee on proposed amendments to the Tax and Superannuation Laws Amendment (2014 Measures No.6 Bill) to enable fuel tax credit and grant claimants to claim the higher rate of fuel tax credits.

MINERALS INDUSTRY’S UNIVERSITIES PROGRAM WINS TOP NATIONAL AWARD

The Minerals Tertiary Education Council (MTEC) has received the prestigious 2014 Award for Outstanding Achievement in Collaboration in Higher Education & Training at last night’s Business / Higher Education Round Table Awards.

MODI VISIT REINFORCES URANIUM FUTURE WITH INDIA

Prime Minister Narendra Modi’s visit to Australia symbolises the strength of Australia’s developing relationship with India and the potential for expanding trade to the benefit of both nations.

THE MINERALS SECTOR AND THE AUSTRALIA CHINA FREE TRADE AGREEMENT

The Australian minerals sector welcomes the finalisation of the FTA with China and the elimination of tariffs on Australian exports of minerals and energy commodities valued at $15.5 billion annually.

INTERNATIONAL ENERGY AGENCY UNDERLINES COAL AND URANIUM OUTLOOK

The International Energy Agency’s 2014 World Energy Outlook underlines the fundamental role Australian coal and uranium will play in meeting the world’s accelerating energy demand.

SD2014
18-20 November - Adelaide

Held annually, the Sustainable Development Conference is recognised as the leading minerals industry forum to discuss and debate sustainable development and its practical implementation.

AJCC
4-5 December - Darwin

The Summit will showcase the prosperity and potential for the Northern Territory minerals industry and debate the policies required to keep it strong. Celebrating 60 years of industry representation and the sector’s continued status as the bedrock of the Northern Territory economy, the Summit will address the issues, successes and challenges facing the industry.

MCATAX
25-27 March 2015 Melbourne

The MCA’s Biennial Tax Conference is Australia’s foremost minerals taxation event. It brings together resource taxation experts, policy makers, leading business figures, Commonwealth and State officials and high-profile commentators to discuss issues at the intersection of public policy and commercial practice.