Groups that Benefit from Mining Boom

Nov 28, 2011

Q. How much do the following groups benefit from the current boom in Australia’s mineral exports?

Benefit a lot Some benefit A little benefit No benefit Don’t know
Mining company executives 68% 10% 5% 3% 14%
Mining company shareholders 48% 28% 7% 3% 14%
Foreign companies 42% 25% 8% 3% 23%
Federal government 37% 35% 10% 2% 15%
State governments 31% 38% 12% 2% 16%
Regional communities 12% 30% 29% 10% 17%
All Australians 11% 29% 32% 13% 16%

The main beneficiaries of the current boom in Australia’s mineral exports were thought to be mining company executives (68% benefit a lot), mining company shareholders (48%) and foreign companies (42%). Only 11% thought that all Australians benefit a lot and 12% thought regional communities benefit a lot.

Views were mostly similar across demographics.

Labor voters were a little more likely to think that there was a lot of benefit to all Australians (18%) and mining company shareholders (53%).

Liberal/National voters were a little more likely to think that there was a lot of benefit to State Governments (37%) and the Federal Government (46%).

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Groups that Should Benefit from Mining Boom

Nov 28, 2011

Q. And should the following groups receive more or less benefit from the current boom in minerals exports or is the current benefit they receive about right?

Should benefit more Should benefit less Current benefit about right Don’t know
All Australians 68% 1% 15% 16%
Regional communities 58% 6% 19% 17%
State governments 30% 17% 32% 20%
Federal government 27% 23% 30% 20%
Mining company shareholders 12% 28% 41% 18%
Foreign companies 4% 56% 18% 22%
Mining company executives 4% 57% 21% 18%

A majority of respondents think there should be more benefits to all Australians (68%) and regional communities (58%).  A majority also believe there should be less benefit to mining company executives (57%) and foreign companies (56%).

75% of Labor voters, 65% of Liberal/National voters and 84% of Greens voters think all Australians should benefit more.

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Approval of MRRT

Jul 12, 2010

 Q. Do you approve or disapprove of the new mining tax (called the Minerals Resource Rent Tax) recently negotiated between the Government and major mining companies?

Total approve 50%
Total disapprove 28%
Strongly approve 13%
Approve 37%
Disapprove 18%
Strongly disapprove 10%
Don’t know 22%

 50% of respondents approved the new mining tax negotiated with the mining companies and 28% disapproved. Labor voters approved 75% to 10% and Greens voters approved 52% to 26%. 33% of Liberal/National voters approved and 53% disapproved. Comments »