BHP hits back: we paid for half of all hospitals

Original article by Simon Benson
The Australian – Page: 1 & 4 : 11-Sep-24

BHP’s Australia president Geraldine Slattery has released a statement which highlights the resources group’s economic contribution. She noted that BHP pays an adjusted tax rate of 32 per cent, which rises to 44 per cent when royalties are taken into account. Slattery added that governments in Australia received a total of $14.5bn from BHP in 2023-24, via taxes, royalties and other payments; she noted that this is about half of the federal government’s annual expenditure on public hospitals. Slattery’s comments follow recent animosity between Minerals Council of Australia CEO Tania Constable and the federal government over the latter’s industrial relations reforms.

CORPORATES
BHP GROUP LIMITED – ASX BHP, MINERALS COUNCIL OF AUSTRALIA

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