Federal Coalition resources spokespeople have pushed back against Greens claims that the mining sector is undertaxed by $45 billion a year. They warn that new taxes could drive companies out of Australia. Shadow ministers say the industry has paid over $430 billion in taxes and royalties over the past decade, funding rural roads, healthcare and education. They say new tax measures would put regional jobs and projects at risk, including Iluka Resources' mineral sands project at Balranald in the Riverina.
Alpine Shire Council is urging residents to seek support following distressing events, offering various resources through the Australian Red Cross. These include multilingual guides, toolkits, and materials for parents and young people. Free computer and Wi-Fi access is available at local libraries in Bright, Mount Beauty, and Myrtleford. The council encourages community members to stay connected and utilise available mental health services, such as Lifeline and Beyond Blue.
Resources minister Madeleine King says Australian industry will rely on gas for the foreseeable future. Speaking to the National Press Club, she said the national gas reservation scheme should push down power prices. The scheme will require gas companies to set aside 20 per cent of exports for domestic use and is expected to start in January 2028. King did not say when households and businesses would see financial relief. She said there is currently no replacement for gas in some industries.
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Resources Minister Madeleine King has downplayed the impact of a recent High Court ruling on fossil fuel industries, asserting that it pertains specifically to a planning approval process in New South Wales. She emphasised that the decision does not threaten jobs, as the Mount Pleasant mine will continue operations until 2032. King noted that the ruling sets no precedent for other states, as each has its own legislation. She praised the Minns Government's coal industry policy for providing certainty to the sector.
