Country Liberal Party of the Northern Territory
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      • Gunner Government must answer Territory finances questions at Public Accounts Committee this week - Tracey Hayes
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      • Opposition to introduce Fiscal Integrity and Transparency Amendment Bill 2020 to get Gunner Government to provide Pre-Election Fiscal Outlook
      • Gunner Government sneakily allows sex businesses to operate in residential areas
      • Tourism industry jobs and economic data highlights damage of keeping Territory borders closed
      • Has Gunner Government learnt from Home Improvement Scheme debacle with new tourism vouchers?
      • Gunner Government has no budget and no plan for economic recovery as CLP maps path forward
      • Police survey shows officers have lost faith in Gunner Government
      • Country Liberal Government will commit $5 million for youth boot camp in Alice Springs
      • Country Liberal Government will create Office of the Territory Coordinator to lock in major job creating projects
      • Chief Minister refuses to answer budget questions in Public Accounts Committee hearing
      • National Aboriginal Art Gallery will go ahead at Alice Springs’ Desert Park under Country Liberal Government
      • Home Improvement Scheme problems continue under Gunner Government
      • Country Liberal Government to implement multi-pronged approach to ensure a strong Territory police force
      • Gunner’s Reconstruction Commission shows even he knows he isn't up to the job
      • Country Liberal Government will create taskforce to fast-track approvals processes
      • Country Liberal Government will simplify mining taxes to drive investment and jobs in the Territory
      • Finocchiaro announces CLP Cabinet Executive
      • Gunner Government should triple staff to speed up Home Improvement Scheme approvals
      • Gunner Government arrogance continues with refusal to answer Opposition written questions during required time frame
      • For jobs, safety and opportunity vote CLP in 100 days
      • Gunner Government hides so called ‘budget repair’ that won’t happen because it won’t deliver 2020 Budget
      • Gunner Government isn’t focused on the economy or scrutiny
      • Days roll by with no Gunner Government financial transparency
      • More resources needed to administer Home Improvement Scheme
      • Gunner Government has no budget, no plan
      • Report is further evidence Minimum Unit Pricing should be scrapped
      • Labor’s idea of scrutiny makes you shake your head
      • Gunner Government must show it can handle scrutiny at PAC hearings and answer real questions
      • State of the States Report reinforces poor economic picture pre COVID-19 and Territory population decline
      • CLP Opposition calls for full Territory Budget, Estimates and PEFO
      • Gunner Government shuts down scrutiny in Parliament
      • No question time in Parliament shows Gunner Government hubris and arrogance
      • Opposition accepts huge petition on unpopular pet laws
      • Gunner Government should make a genuine commitment to removing red tape for good
      • Gunner Government still silent on transparency of COVID-19 spending
      • Where is the planning for Territory Year 12 students?
      • Knee-jerk changes hurt tradies and homeowners doing the right thing
      • Cancellation of Territory cracker night is disappointing
      • Government should go one step further and scrap pet rental laws altogether
      • CLP backs $5000 fines for people who spit or cough at frontline workers during COVID-19
      • Clarity on Term 2 for Families and Workplaces
      • Government transparency is still essential
      • Solar tariff snuck in under COVID-19 cloak
      • Payroll tax and power relief now overdue
      • CLP calls for relief on payroll tax, power and water charges
      • Greener Safer Homes - stimulus
  • ABOUT THE CLP
  • OUR PLAN & POLICIES
    • OUR PLAN >
      • Education
      • Economising on Travel
      • A bold plan to empower aboriginal territorians
      • Agriculture
      • Health
      • Bail Act
      • Cheaper, Greener Electricity
      • Buy Local
      • Recreational Fishing
      • Public Housing
      • Comprehensive Roads Plan
      • Tourism Blueprint
      • Sustainable Hunting
      • Energy
      • Seniors
      • Fast-track Middle Arm Industrial Complex
      • Go for gas
      • Holding Chief Executives to account
      • Gamba Grass
      • Northern Territory Public Service
      • Water Security
      • Sentenced to a skill - A bootcamp for Alice Springs
      • Office of the Territory Coordinator
      • Ensuring a strong Territory police force
      • Approvals Fast-Track Taskforce
      • Simplifying Mining Taxes
  • OUR TEAM
    • Elected Members >
      • Lia Finocchiaro MLA
      • Gerard Maley: Member for Nelson
      • Steven Edgington: Member for Barkly
      • Joshua Burgoyne: Member for Braitling
      • Marie-Clare Boothby: Member for Brennan
      • Ian Sloan: Member for Daly
      • Jo Hersey: Member for Katherine
      • Bill Yan: Member for Namatjira
    • Federal Members >
      • Senator Dr Sam McMahon
    • Management Committee
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  • HOME
  • News
    • Media
    • Lia Finocchiaro - NT Opposition Leader
    • Opposition Team >
      • Gerard Maley: Member for Nelson >
        • Police resourcing and low morale needs to be addressed immediately
        • Security embarrassingly ineffective at Howard Springs
        • Public kept in dark over BDR results
        • Gunner Government must scrap quarantine weak link
        • Pet friendly cyclone shelters
        • Labor's park fees
      • Steve Edgington: Member for Barkly
      • Joshua Burgoyne: Member for Braitling
      • Marie-Clare Boothby: Member for Brennan
      • Ian Sloan: Member for Daly
      • Jo Hersey: Member for Katherine
      • Bill Yan: Member for Namatjira
    • Country Liberal Party - Media >
      • Preselection Nominations Open: Solomon and Lingiari
    • Archive Media >
      • Gunner Government must answer Territory finances questions at Public Accounts Committee this week - Tracey Hayes
      • BRING BACK BASSINTHEDUST - Damien Ryan, Araluen
      • WE WONT BE FOOLED - TRACEY HAYES
      • ALICE SPRINGS LEFT BEHIND BY GUNNER ON HOME IMPROVEMENT SCHEME
      • Alice Spring Candidates: A town like Alice perfect for AFL, Chief Minister!
      • Now is the time to play to our strengths and act decisively - OP-ED
      • Candidate Announcement - Daly and Goyder
      • Candidate Announcement - Casuarina & Karama
      • February Candidate Announcement
      • Gunner Government’s Reconstruction Commission
      • Weeding out Gamba Grass
      • Gunner Government blocks debate on Pre-Election Fiscal Outlook for the second time this week
      • Davidson analysis goes to core of Gunner Government’s economic and budgetary mismanagement
      • Opposition to introduce Fiscal Integrity and Transparency Amendment Bill 2020 to get Gunner Government to provide Pre-Election Fiscal Outlook
      • Gunner Government sneakily allows sex businesses to operate in residential areas
      • Tourism industry jobs and economic data highlights damage of keeping Territory borders closed
      • Has Gunner Government learnt from Home Improvement Scheme debacle with new tourism vouchers?
      • Gunner Government has no budget and no plan for economic recovery as CLP maps path forward
      • Police survey shows officers have lost faith in Gunner Government
      • Country Liberal Government will commit $5 million for youth boot camp in Alice Springs
      • Country Liberal Government will create Office of the Territory Coordinator to lock in major job creating projects
      • Chief Minister refuses to answer budget questions in Public Accounts Committee hearing
      • National Aboriginal Art Gallery will go ahead at Alice Springs’ Desert Park under Country Liberal Government
      • Home Improvement Scheme problems continue under Gunner Government
      • Country Liberal Government to implement multi-pronged approach to ensure a strong Territory police force
      • Gunner’s Reconstruction Commission shows even he knows he isn't up to the job
      • Country Liberal Government will create taskforce to fast-track approvals processes
      • Country Liberal Government will simplify mining taxes to drive investment and jobs in the Territory
      • Finocchiaro announces CLP Cabinet Executive
      • Gunner Government should triple staff to speed up Home Improvement Scheme approvals
      • Gunner Government arrogance continues with refusal to answer Opposition written questions during required time frame
      • For jobs, safety and opportunity vote CLP in 100 days
      • Gunner Government hides so called ‘budget repair’ that won’t happen because it won’t deliver 2020 Budget
      • Gunner Government isn’t focused on the economy or scrutiny
      • Days roll by with no Gunner Government financial transparency
      • More resources needed to administer Home Improvement Scheme
      • Gunner Government has no budget, no plan
      • Report is further evidence Minimum Unit Pricing should be scrapped
      • Labor’s idea of scrutiny makes you shake your head
      • Gunner Government must show it can handle scrutiny at PAC hearings and answer real questions
      • State of the States Report reinforces poor economic picture pre COVID-19 and Territory population decline
      • CLP Opposition calls for full Territory Budget, Estimates and PEFO
      • Gunner Government shuts down scrutiny in Parliament
      • No question time in Parliament shows Gunner Government hubris and arrogance
      • Opposition accepts huge petition on unpopular pet laws
      • Gunner Government should make a genuine commitment to removing red tape for good
      • Gunner Government still silent on transparency of COVID-19 spending
      • Where is the planning for Territory Year 12 students?
      • Knee-jerk changes hurt tradies and homeowners doing the right thing
      • Cancellation of Territory cracker night is disappointing
      • Government should go one step further and scrap pet rental laws altogether
      • CLP backs $5000 fines for people who spit or cough at frontline workers during COVID-19
      • Clarity on Term 2 for Families and Workplaces
      • Government transparency is still essential
      • Solar tariff snuck in under COVID-19 cloak
      • Payroll tax and power relief now overdue
      • CLP calls for relief on payroll tax, power and water charges
      • Greener Safer Homes - stimulus
  • ABOUT THE CLP
  • OUR PLAN & POLICIES
    • OUR PLAN >
      • Education
      • Economising on Travel
      • A bold plan to empower aboriginal territorians
      • Agriculture
      • Health
      • Bail Act
      • Cheaper, Greener Electricity
      • Buy Local
      • Recreational Fishing
      • Public Housing
      • Comprehensive Roads Plan
      • Tourism Blueprint
      • Sustainable Hunting
      • Energy
      • Seniors
      • Fast-track Middle Arm Industrial Complex
      • Go for gas
      • Holding Chief Executives to account
      • Gamba Grass
      • Northern Territory Public Service
      • Water Security
      • Sentenced to a skill - A bootcamp for Alice Springs
      • Office of the Territory Coordinator
      • Ensuring a strong Territory police force
      • Approvals Fast-Track Taskforce
      • Simplifying Mining Taxes
  • OUR TEAM
    • Elected Members >
      • Lia Finocchiaro MLA
      • Gerard Maley: Member for Nelson
      • Steven Edgington: Member for Barkly
      • Joshua Burgoyne: Member for Braitling
      • Marie-Clare Boothby: Member for Brennan
      • Ian Sloan: Member for Daly
      • Jo Hersey: Member for Katherine
      • Bill Yan: Member for Namatjira
    • Federal Members >
      • Senator Dr Sam McMahon
    • Management Committee
    • Volunteer
    • Young Country Liberals
  • DONATE
  • MEMBERSHIP
    • JOIN
    • RENEWALS
    • Membership Pricing
  • CONTACT US

LIA FINOCCHIARO MLA

  LEADER of the Opposition 

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EMAIL THE  CLP LEADER

LIA FINOCCHIARO MLA
MEDIA RELEASE
21st May 2020


Country Liberal Government will simplify mining taxes to drive investment and jobs in the Territory
​A Country Liberal Party Government will remove the Gunner Government’s complicated hybrid mining tax model and implement an ad valorem royalty system to drive investment and job creation in the Territory. The new system will make it easier for existing mining operations and prospective businesses to forecast royalty expenses, Opposition Leader Lia Finocchiaro said today.
“Mining is such an important part of the Territory’s economy contributing $5.7 billion and supporting more than 7,000 jobs, but the Gunner Government isn’t allowing it to reach its potential with its hybrid tax model,” Mrs Finocchiaro said

“Currently the combined 20 per cent profits tax and ad valorem hybrid model isn’t working. This model is a huge deterrent to businesses investing here. The Territory needs to be an attractive destination for mining investment to create jobs for Territorians. Moving to an ad valorem only model will also bring the Territory in line with other Australian jurisdictions.”

A CLP Government will:
  • Remove the hybrid mining tax model introduced by the Gunner Government in 2018, which has been a disaster for the Territory and has discouraged investment, cost us jobs and contributed to the worsening economic crisis we are facing.
  • Institute an ad valorem only royalty system for all new mining operations in the Territory, based on the Western Australian regime.
  • Phase in the ad valorem royalty system for existing mines, in consultation with industry.
“The introduction of a simplified royalty system will decrease administration costs for both industry and the Territory Government, potentially saving millions per year by reducing audit, legal and related costs. Under our model, prospective businesses will be able to more easily calculate how much they will have to pay,” Mrs Finocchiaro said.

“Last year’s Fraser Institute Annual Survey of Mining Companies, ranked the Northern Territory behind jurisdictions like Botswana and Turkey on investment attractiveness on policy perception. It’s not good enough.

“In the wake of COVID-19 we need to make a change to drive investment and create jobs. We need to jumpstart the Territory economy.
​
“The CLP is committed to cutting red tape and getting the Territory working again. An overhaul of our mineral royalty regime will serve as a signal that after four years of uncertainty and misguided priorities, the Territory will be open for business under a CLP Government,” Mrs Finocchiaro concluded.
​ENDS

"Only together can we build a better Territory for you and your family.”

- LIA FINOCCHIARO MLA, Leader of the Country Liberal Party and member for Spillett

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