What is the CLP's proposed change to the mining royalties system going to do for the Territory? We won't know until after the election. ERWIN CHLANDA reports. Pictured is Ron Kelly, CLP party president and NT Mines Department CEO during part of the Adam Giles era.
Employment of local Aboriginal people at Newmont’s Tanami operations appear to be mostly in positions peripheral to the actual gold mining that requires a highly-paid and readily transferable skill set. Yet traditional owners are the major beneficiaries of the royalties worth tens of millions of dollars while their communities are plagued by enduring unemployment. ERWIN CHLANDA reports. IMAGES courtesy Newmont.
UPDATE January 15, 2020
Royalties are considered as income when paid to an individual, a spokeswoman for the Australian Government Department of Human Services stated today in response to enquiries from the Alice Springs News.
The 20% mining royalties for the NT Government sound like a bonanza – until you deduct production cost which may leave the public with as little as 1%. Aboriginal royalties are bound to the same calculations. ERWIN CHLANDA reports. Image from the acclaimed blog of Michael West (at left): Is the tax performance of Santos, a major NT player an indicator of their royalties performance?
The annual multi million dollar mining royalty payments will be boosted by about 35% when the Granites gold mine expands production from 2023. But what do the people on the ground get out of it, asks Jane Blunden (at right). Report by ERWIN CHLANDA.
The NT Government says royalties for onshore gas – some of it soon to be fracked – are calculated at "10% of the product’s gross value at the wellhead". In fact the amount actually received is less – a lot less. SHAUNA MOUNSEY reports.
While your pension may get trimmed if your family home is over a certain value, the conversation about what impact Aboriginal assets should be having on welfare payments is only just beginning. Is there a case for asset testing millions of royalty dollars that are flowing to Aborigines? ERWIN CHLANDA comments. PHOTO: The processing plant at the Granites gold mine on Warlpiri land west of Alice Springs.