The Sunshine State’s commodity boom is expected to lose momentum and values are tipped to decrease. Queensland coal spot prices will decline by the end the 2024 financial year (FY24) and return...
Tag - TAX
An innovative mining company will bring more overseas processing back to Down Under. Mineral Resources (MinRes) recently decided not to construct new refineries in China and do it in Australia...
Limiting fossil fuels caused a sharp decline in market value, official data found. The Anthony Albanese government’s $125 a tonne price cap significantly impacted on coal prices. The...
Fossil fuel production will jump in Queensland’s Isaac and Darling Downs regions. Bowen Coking Coal (BCB) recently confirmed it reopened the newly acquired Burton Coal Mine, 165km southwest of...
A mining multinational will prioritise overseas fossil fuel projects over new Australian developments. Glencore recently shifted its focus away from new domestic coal developments towards more...
A multinational mineral producer will postpone plans for a new coal development in Queensland’s Central Highlands region because of extreme levies. BHP recently delayed constructing its new $1...
Another multinational mineral producer came forward about the cost of extreme coal levies. Coronado Global Resources recently predicted it could pay an extra $144.71 million annually due the...
Australia’s revenue collection office wants a multinational resources company to pay hundreds of millions of dollars in taxes. The Australian Taxation Office (ATO) claims it caught Rio Tinto...
A multinational resources company must pay tax on any commodity sales even though it was facilitated by its overseas centre, a court has ruled. The High Court of Australia has found BHP Billiton...
Some of the nation’s biggest resource companies paid little to no company tax despite earning billions of dollars in revenue according to new statistics. Michael West Media’s...