Discussion paper
Undermining our democracy: foreign corporate influence through the Australian mining lobby
Publisher
Political leadership
Politics
Political corruption
Political parties
Political donations
Mineral industries
Lobbying
Governance
Corporate social responsibility
Australia
Resources
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
Publication Details
Copyright:
The Australia Institute 2017
License type:
All Rights Reserved
Post date:
1 Sep 2017