Our Latest News
Miners get $4b in direct subsidies says think tank
THE federal government gives just over $4 billion in direct subsidies to mining companies each year, mainly in the form of cheap fuel and tax breaks for building roads and railways, a report by the Australia Institute think tank said.
The biggest single subsidy passing from the general public to miners comes in the form of fuel-tax credits, formerly named the diesel fuel rebate, which were valued at $1.89 billion in 2009-10, the institute's report said.
- It's fir real: a home-grown Christmas tree is greener than the fakes
- Sweet smell of success greets cane researchers
- Green policy buried by truck loads of rubbish
- Australia failing to dent emissions
- Stark evidence of polar ice melt
- Climate study predicts 5C warming
- Security crackdown to net illegal fishers
- Global warming evidence strengthens, UN official says
- At the edge of disaster
- Gold Coast study finds sharks prefers rivers over canals