But our obsession with exporting raw materials means our economy is becoming less complex and more exposed to global shocks — and more Australians are wondering what we have to show for it.
Disastrous-Beat-9830 on
>Why doesn’t Australia collect more tax revenue on the sale of its natural resources?
I seem to recall a plan to do this about twenty years ago. And then Gina said no. And then the media dedicated all of their efforts to getting the Liberals elected and the Liberals let Gina and her friends in the mining lobby do whatever they wanted.
2 Comments
Why doesn’t Australia collect more tax revenue on the sale of its natural resources?
We are a high-income country. We have one of the richest economies per person in the world on paper, business reporter [Gareth Hutchens](https://www.abc.net.au/news/gareth-hutchens/12002796) writes.
But our obsession with exporting raw materials means our economy is becoming less complex and more exposed to global shocks — and more Australians are wondering what we have to show for it.
>Why doesn’t Australia collect more tax revenue on the sale of its natural resources?
I seem to recall a plan to do this about twenty years ago. And then Gina said no. And then the media dedicated all of their efforts to getting the Liberals elected and the Liberals let Gina and her friends in the mining lobby do whatever they wanted.