Alex Dunnin OUTLOOK
The Minerals Council of Australia (MCA) is running a national multimedia advertising campaign proclaiming that Australia's minerals industry is the nation's fiscal salvation because it's paying record company tax and royalties.
“In 2021-22, [Australia's minerals industry contributed] $63 billion to federal, state and territory governments, an increase of $21 billion on the previous year. That total contribution is the equivalent of paying for the entire Medicare scheme or the childcare subsidy for two years,” it boldly states