Development and operation of the Minerals Resource Rent Tax

Development and operation of the Minerals Resource Rent Tax

6 May 2013

© Commonwealth of Australia 2013
ISBN 978-1-74229-810-8

View the report as a single document - (PDF 945KB)

View the report as separate downloadable parts:

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Membership of Committee (PDF 41KB)
Chapter 1 - Background and overview of the inquiry (PDF 80KB)

Inquiry terms of reference
Conduct of this inquiry
A short history of the MRRT
How the MRRT works

Chapter 2 - Explaining the revenue shortfall (PDF 165KB)

History of MRRT revenue projections
Revenue raised to date
Views on the revenue shortfall
Would the RSPT have raised more revenue?
Committee View

Chapter 3 - The impact of the MRRT on the budget (PDF 65KB)

Was the revenue shortfall predictable?
The linking of costly budget measures to hypothetical MRRT revenue
Future prospects for MRRT revenue
Committee view

Chapter 4 - The negotiation and development of the MRRT (PDF 33KB)

The MRRT Heads of Agreement process
The level of Treasury's involvement in the Heads of Agreement process
The lack of consultation with the States
Committee view

Chapter 5 - The logic of a Commonwealth-administered resource rent tax (PDF 90KB)

Is the Australian mining industry 'paying its fair share'?
Is the MRRT a ‘federal incursion’ into a state responsibility?
Is the MRRT a simpler, fairer way to tax resources?
Interaction between the MRRT and state royalties
Should the MRRT be 'improved' or discarded in its entirety?
Committee View

Chapter 6 - The impact of the MRRT (PDF 58KB)

The MRRT's discrimination against smaller, less established miners
Administrative costs imposed by the MRRT
Australia's reputation as an investment destination
The MRRT's impact on communities
Committee View

Dissenting Report by Senator Bishop (PDF 87KB)
Dissenting Report by Senator Cameron (PDF 34KB)
Dissenting report from the Australian Greens (PDF 320KB)
APPENDIX 1 - Submissions and other documents received (PDF 18KB)
APPENDIX 2 - Public hearings and witnesses (PDF 10KB)

For further information, contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540
Fax: +61 2 6277 5719