Original article by Nick Evans
The Australian – Page: 15 & 18 : 24-Nov-21
Fortescue Metals Group founder Andrew Forrest says the diesel fuel rebate costs taxpayers about $5bn a year at present. He adds that a small number of large mining and energy companies receive the bulk of the rebate, and he has urged the federal government to start phasing it out between 2025 and 2030. However, Forrest says the rebate should only be scrapped for large mining and energy companies, and it should be retained for farmers and other small business than rely upon it. The Mineral Council of Australia is among the critics of Forrest’s push to have the rebate scrapped.
CORPORATES
FORTESCUE FUTURE INDUSTRIES PTY LTD, MINERAL COUNCIL OF AUSTRALIA