Australia must stamp out corruption by following the US and EU’s lead and forcing oil, mining and gas companies based here and listed on the Australian Securities Exchange to report all payments to governments in the countries in which they operate.
While mining has undoubtedly been kind to at least one woman, Gina Rinehart, the sector has an appalling – and often hidden – track record for hundreds of thousands of women in poor countries around the world.
The vast majority of Australian mining, oil and gas companies have no clear public commitment to gain the consent of Indigenous peoples before commencing projects on their land, according to a new report.
The Australian Government’s plan to improve the transparency of the business tax system has the potential to ensure developing countries are not cheated out of their fair share of tax revenue, the Publish What You Pay Australia and Tax Justice Network Australia coalitions said today.
Mining has had an incredible impact on almost every facet of Australian society, from sparking new waves of immigration and the unprecedented wealth of ‘Marvellous Melbourne’, to triggering race riots and sex trafficking.
The Australian Government has sent a strong message to mining companies that they must help rather than harm the communities in the countries in which they operate, Oxfam Australia said today.
The Australian Government has sent a strong message to corporations that they must pay their fair share of tax and avoid using other countries as tax havens, international aid agency Oxfam Australia said today.
Amidst speculation this week that Australia’s resources boom is nearing an end, unlocking the vast wealth of Africa is high on the agenda for mining executives, investors, government officials and NGOs meeting in Perth this week.
Australia should follow the lead of the US that has this week adopted new rules to stamp out corruption by forcing oil, mining and gas companies listed on the US securities exchanges to report all payments to governments in the countries in which they operate.
Australia can urge the G20 to play a positive role in combating corruption around the world by taking action to increase revenue transparency in the mining sector, Oxfam Australia said today.