Australia’s Mining Fiscal Regime: H2 2014, New Report Launched

The federal and state governments have separate roles and responsibilities with regards to resource exploration and development. Mineral resources are owned by the Australian or state/territory governments, rather than private individuals.

Australian fiscal regime report covers the governing bodies, laws, licenses, rights and obligations and tax-related information on 12 commodities: coal, iron ore, copper, zinc, lead, bauxite, gold, silver, nickel, chromium, manganese and platinum group metals.

Scope

The report outlines Australia’s governing bodies, governing laws, licenses, rights and obligations and key fiscal terms which royalty, mineral resources rent tax, corporate income tax, capital gain, deductions, depreciation, withholding tax, loss carry forward, loss carry back offset, and value added tax

Reasons to Buy

Gain an overview of Australian's mining fiscal regime.

Key Highlights

• The federal and state governments in Australia have separate roles and responsibilities with regards to resource exploration and development. Mineral resources are owned by the Australian or state/territory governments, rather than private individuals.
• The Minerals Council of Australia represents Australia in national and international markets for the exploration, mining and processing of minerals. Its member companies contribute more than 85% of the annual mineral production.
• The Department of Industry was established in September 2013. Its main purpose is to increase Australia’s economic prosperity and improve productivity, competitiveness, security, and the sustainability of resources.
• Geoscience Australia is responsible for generating geoscientific information.

Spanning over 23 pages, “Australia’s Mining Fiscal Regime: H2 2014” report covering the Executive Summary, The Australian Mining Industry – Governing BodiesThe Australian Mining Industry – Governing Laws, The Australian Mining Industry – Mining Rights and Obligations, The Australian Mining Industry – Key Fiscal Terms, Appendix.

Know more about this report at – http://mrr.cm/Z6V