PROGRESS 2050: Toward a prosperous future for all Australians

Progress 2050

Agribusiness

Resources Rent Taxes 1979

Published in March 1979, Resources Rent Taxes by Dr Susan Bambrick discussed the rationale behind the Government's consideration of a resources tax, the theoretical application of a resources tax, the political aspect of the debate and competition for revenue.

In this publication, Dr Bambrick recommends that a profit-based tax on non-renewable energy resources should only be contemplated if it replaces all federal and state levies, royalties and other imposts (excluding federal income tax). If introduced, it should be on a company-wide basis, including subsidiaries, she said.

Read Resources Rent Taxes (pdf)