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Mining giants must pay rent tax so Australians don't miss out on critical minerals cash boom, MPs say

Oct 26, 2025 (The Guardian Australia - ABIX via COMTEX) --

Independent senator David Pocock says the federal government should introduce a new mining profits super tax in the wake of its landmark critical minerals and rare earths deal with the US. Pocock contends that the nation's natural resources belong to all Australian, so "we need to get a fair cut" if they are to be exploited. Pocock has been a vocal critic of the petroleum resource rent tax, and he contends that the government must avoid repeating the past "mistakes" with the offshore LNG sector. Independent MPs Allegra Spender and Kate Chaney also support increasing the tax regime for producers of critical minerals and rare earths..

Publication Date: 25 October 2025

 
comtex tracking

COMTEX_469828071/2229/2025-10-26T17:47:13

By Dan Jervis-Bardy

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