
Miners pay more tax than all other sectors combined
Miners pay more tax than all other sectors combined The Australian Taxation Office (ATO) has today released its Corporate Tax Transparency report for 2023-2024, highlighting the Australian mining industry has paid more tax than any other industry. The report confirms Australia’s mining industry remains the nation’s biggest taxpayer, for the third consecutive year, paying $65b in company tax and royalties for 2023-24, despite weaker commodity prices and challenging geopolitical conditions. ATO assistant commissioner Michelle Sams highlights the industry’s resilience. “Despite a decrease in tax payable reflecting weaker commodity prices which impacted profitability of...









