Australia's new government: Impacts on energy and mining

The election of a new federal government has been welcomed as a positive development for the mining and energy sectors in Australia. The incoming government has promised to repeal the carbon price and minerals resource rent tax (MRRT) which had both been introduced by Labor during the previous parliament. The economic impact of repealing these taxes varies across the resource sector but the main beneficiaries would be coal upstream LNG and iron ore producers all commodities in which...