According to the latest government data, the mining industry paid $74 billion in tax and royalties in one year.
This includes company tax paid to the Australian Government and royalties paid to states and territories.
More than any other industry. Enough to fund Medicare.
Hover to learnLearn more about the difference Australian mining makes
Australian mining is Australia’s largest taxpayer by industry, and accounts for 30 per cent of all company taxes.
Australian mining has paid more than $356 billion in taxes over the past decade (2013-14 to 2022-23).
Source: EY, Royalty and Company Tax Payments, released May 20, 2025.
$74 billion in tax and royalties for Australia in one year (2022-23).
In 2023-24, Australia’s resources sector is estimated to have directly spent $275.5 billion in the economy.
Source: Lawrence Consulting, Australian Resource Sector Economic Contribution Study 2023-24, released July 2025.
290,100 jobs and about 11,000 apprentices employed by the mining sector (2024-25).
Source: ABS, Labour Force, Australia, Detailed, Table 06, Employed persons by Industry sub-division of main job (ANZSIC) and Sex, released 18 December 2025. National Centre for Vocational Education Research (NCVER) VOCSTATS, National Apprentice and Trainee Collection, updated 17 December 2025.
For every job in mining, 6 extra jobs are created in related industries.
Source: ATO, Taxation Statistics 2022-23: Company – Table 4 (Selected items, by industry, 2022-23 Income Year). Updated December 9, 2025
EY, Royalty and Company Tax Payments. Released May 20, 2025
Australian mining makes a difference by helping fund healthcare for Australians, when they need it.
From public hospitals to aged care, mental health services and everyday medical technology, mining plays an important role:
Australian mining makes a difference by helping students today and building skills for tomorrow.
Mining taxes and royalties help fund schools, training, and future careers.
Mining isn’t just powering industry – it’s helping power the next generation.
Source: National Centre for Vocational Education Research (NCVER) VOCSTATS, National Apprentice and Trainee Collection, updated 17 December 2025.
Australian mining makes a difference through jobs, skills and opportunity.
Helping build secure livelihoods for Australians. That’s the difference Australian mining makes.
Source: ABS, Labour Force, Australia, Detailed, Table 06, Employed persons by Industry sub-division of main job (ANZSIC) and Sex, released 18 December 2025. National Centre for Vocational Education Research (NCVER) VOCSTATS, National Apprentice and Trainee Collection, updated 17 December 2025.
Australian mining makes a difference by investing in local communities.
Helping keep regional towns and families thriving. That’s the difference Australian mining makes.
Source: Lawrence Consulting, Australian Resource Sector Economic Contribution Study 2023-24, released July 2025.
According to the latest government data, the mining industry paid $74 billion in tax and royalties in the 2022–23 financial year. This includes $42.3 billion in company tax paid to the Australian Government and $31.5 billion in royalties paid to states and territories.
Source: ATO, Taxation Statistics 2022-23: Company – Table 4 (Selected items, by industry, 2022-23 Income Year). Updated December 9, 2025.
EY, Royalty and Company Tax Payments. Released May 20, 2025
$74 billion in company taxes and royalties helps pay for services we all rely on including hospitals, schools, aged care, roads, childcare, police, defence, and regional services.
To put it in perspective, the company tax contributions alone are enough to fund Medicare for a full year.
In the same year mining paid over $42.3 billion in company taxes, the Medicare budget was up to $37 billion.
Company tax: Paid on business profits to the Australian Government.
Royalties: Paid to state and territory governments for the right to extract minerals.
Combined, these payments form the industry’s total contribution to Federal and state revenue.
No. Almost all mining companies pay the same 30 per cent company tax rate as other businesses, and unlike most industries, they also pay billions in royalties.
Mining provides highly-skilled, highly-paid, long-term jobs, especially in regional areas.
It supports thousands of small businesses from tradies, truck drivers and engineering firms to cafes, retail and local service providers.
Mining companies also invest in community infrastructure, training, emergency services and local programs.
A strong mining sector helps fund essential infrastructure and public services without increasing pressure on households. When mining revenue is strong, it takes the pressure of the government’s budget bottom-line.
Community Feedback
Join the conversation about Australian mining
56 years ago
SO Steve O
"Mining is not an inexpensive exercise."
56 years ago
TJ Tom J
"Expected more, but still a considerable contribution."
56 years ago
TS Trevor S
"Good to get some facts out. If it wasn’t for the mining industry this spendthrift country would be in terrible trouble."
56 years ago
RH Rhonda H
"Australia’s political class & society in general need to support our mining & resources sector … we are so fortunate to have the resources we do …"
56 years ago
KF Kristen F
"Maybe we should be looking at the government and asking where the $74 billion has gone"
5 months ago
TP Tim P
"Good luck running a society with no minerals"
4 months ago
BP Banshi P
"I agree and always support "
56 years ago
LJ Lee J
"Thank god for mining or no one would live in half these towns as mining is the only well paid job and that supports a lot of these country towns"
56 years ago
PM Poppy M
"Wait till Labor and the Greens ban mining where does the money come from then?"
56 years ago
RT Ray T
"If it were not for mining, Australia would be an economic basket case. Anyone disagree?"
56 years ago
MS Marion S
"like all taxes the government decides to put on everything - it won't generate any revenue if the company can't afford to continue working in Australia. Just look at what has happened with the tobacco tax - the government created the black market and now spends millions of tax payer dollars to try to contain it. Mining will be the same. The companies will leave Australia and go to other countries with fairer taxes and then there won't be any revenue at all. so there will be another black hole in the revenue budget."
56 years ago
AL Ann L
"That is why this country is wealthy. Let’s not forget how we became the lucky country. The Prime Minister must understand this."
56 years ago
SP Steve P
"But the government and greenies want to shut them all down."
56 years ago
CR Charles R
"So where are they going to get their tax from when they close all the mines down."
56 years ago
RG Russell G
"Yep we need our mining"
56 years ago
JW John W
"How about all the jobs the mines make plus a large indirect number of jobs. All these job holders pay income tax to the government . You just cannot judge a mining company on their profit without understanding how much they contribute to the economy by buying goods and services aside from the taxes they pay."
4 weeks ago
AP Andy P
"Mining pays more tax than the oil & gas industry."
4 weeks ago
MB Michel B
"Remember that those minerals have no value while in the ground. The real value is added during extraction, processing and transportation. All that involves risk, not by the government or the people (that receive the taxes without doing much), but by companies that bring capital and knowhow. The biggest added value is in the latter."
4 weeks ago
GC Glenn C
"We'd be rooted without mining"