Discussion paper

Undermining our democracy: foreign corporate influence through the Australian mining lobby

01 Sep 2017
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This discussion paper suggests that the Australian mining industry is dominated by foreign corporate interests that are spending hundreds of millions of dollars influencing our political process.

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Description

New research shows that the mining industry is dominated by foreign corporate interests that are spending hundreds of millions of dollars influencing our political process.

The report finds that:

  • Total revenue of mining lobby groups over the last 10 years is $524,150,431, with the Minerals Council of Australia accounting for $203,132,666 of this
  • Mining lobby groups are dominated by foreign owned interests, with foreign companies holding 5 out of 10 positions on the Minerals Council board and 7 out of 12 on the Queensland Resources Council board
  • Mining industry spending on lobbying has cost taxpayers at least $157.2 million over the decade
  • Mining lobby group revenue is increasing over time, and peaked in 2011-12 at $90.4 million, coinciding with the Minerals Resource Rent Tax debate
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PUBLICATION DETAILS

Resource Type: 
APO URI: http://apo.org.au/node/105036
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All Rights Reserved