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Crikey | Forget gas, what about taxing gold and iron ore properly? by Alisha Rouse

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The article argues that Australia’s fiscal focus on taxing gas overlooks far larger revenue opportunities in its gold and iron‑ore sectors, which generate roughly $120 billion for wealthy mining families and leave taxpayers burdened with growing debt. While the Australia Institute’s push for a 25 % export tax on gas earned Senator David Pocock a TV platform, the piece criticises him for omitting the two resource corners—gold and iron ore—that deserve higher taxes, urging the government to properly tax these lucrative industries instead of fixating on gas.

#StephenMayne #AustraliaInstitute #DavidPocock #gold #ironore

Forget gas. What about taxing gold and iron ore properly?

Taxpayers are encumbered with backbreaking debt, all while the Rineharts and Palmers of the world rake in $120 billion from iron ore. And that's before we look at gold, too.

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