Record-breaking year for WA resources sector but ‘nature positive’ reforms threaten to derail growth and jobs

WA’s powerhouse resources sector pumped a record $77 billion into the State economy last year and accounted for one-fifth of company tax paid across the entire country.

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Blind Freddie sees what governments cannot | The Spectator | Mrs Gina Rinehart AO

We need policies that help Australians. We need policies that make investment in our country worthwhile. If we have any interest in maintaining our living standards we should be doing what other countries do and roll out the red carpet for investment. Expensive government-funded trade trips and trade personnel located overseas are a waste of money unless governments cut the costs and delays caused by government red tape. And Blind Freddie can see that the forcing the overburdened taxpayer to fund lawfare does nothing to encourage investment.

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Don’t Dump Mining Money

In the State Budget, royalties contributed over $12bn in 2022-23. Mining represents around one-third of State Government revenue. Federally, ATO data reveals that the mining industry contributes more than $40bn in company tax — around 5 per cent of ALL company tax paid in Australia in the 2021-22 financial year. This remarkable contribution should not just be seen in terms of abstract numbers. Mining not only represents jobs and growing wealth, it also represent money for schools and hospitals, defence funding, investment in new roads and other infrastructure, and on and on.

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MEDIA RELEASE : MCA Releases New Report On Nuclear Energy For Industrial Heat

Tania Constable | November 2023 | Chief Executive Office

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13 November 2023.

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Critical moment in the region’s history

Western Australia’s Kimberley is regional Australia at its most extreme, whether it is in scale, beauty, challenges or opportunity. And it is a region at a crucial moment in its history. When record-breaking floodwaters swept through much of the region earlier this year, following well-publicised social unrest and crime last year, the region’s immediate prospects looked difficult. Yet it is a region that has continued to capture imaginations, with the area now emerging as a prospective new renewable energy hotspot and drawing a new generation of investment that could take it closer to finally capitalising on its potential.

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Rinehart in $16m boost to Flying Doctor

Health care for Australians living in rural and remote areas will be given a $16m lift thanks to donations to the Royal Flying Doctor from Australia’s richest person, Gina Rinehart. The Rinehart Medical Foundation and Hancock Prospecting will give major cash boosts to the Queensland, NSW and WA sectors of the 95-year-old organisation, which relies on donations to fund a third of the health care it provides. “The multimillion-dollar gift will help ensure that all Queenslanders – no matter where they live, work and play across the state – can feel safe in knowing that they are connected to the best medical care available.” The RFDS said that Mrs Rinehart’s family association with the organisation went back to the 1950s when her mother, Hope Hancock, used to host fundraisers at her home.

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How one family helped to shape WA | The untold history of Western Australia

The modern history of the Hancocks is well known but earlier generations also had a big impact on our State’s development It is quite a picture. The striking white horses kick up dust as they work in unison to pull the coach through the WA outback. Five men sit atop the coach and a lone rider keeps pace alongside. The photo presents a fascinating reminder of how once supplies, mail and people were carried across vast stretches of WA.

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Regions play to resources’ strengths

WHEN Prime Minister Anthony Albanese took his full ministry to Port Hedland in February, the focus was on the importance of the resources sector. It was an opportunity for Mr Albanese and his east coast colleagues to see first-hand the enormous scale of iron ore export operations from the port. Port Hedland Mayor Peter Carter had a more complex agenda. “We have always maintained that Port Hedland is an economic powerhouse for our nation, but we also face numerous challenges as we try to prosper as a community,” Mr Carter said. Mr Carter welcomed the prime minister’s announcement that $565 million would be invested into Pilbara ports but said this needed to be supported by investment in social infrastructure. “The state and nation need a thriving port to drive our economy, but the port also needs a thriving Hedland to succeed,” Mr Carter said.

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News Australians are ready, willing, and able to work – let them!

Currently, only 3 per cent of pensioners work in Australia, compared to 25 per cent in New Zealand. This is not because pensioners in Australia do not want to work. Research has shown that around one in five want to work, but do not, because of unfair tax and red tape barriers.The solution is to follow New Zealand’s approach by removing all red tape on pensioners, students, and veterans. This would mean that these Australians could earn as much income as they would want, without losing their pension payments or welfare benefits. Of course, they would still pay income tax like every other Australian worker. Removing all red-tape and barriers for Australian pensioners, veterans, and students to get back into the workforce, without suffering significant financial penalties, is a simple and effective policy measure that is good for them and good for our nation. More Australians working means higher government revenue through income tax, GST, and payroll tax, which can be reinvested into infrastructure and used to pay down our debt.

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