Mining's economic contribution
The mining industry is a huge part of Australia’s thriving economy accounting for eight percent of the gross domestic product (GDP).
A key industry with a first-class contribution, mining supports a high majority of the population with employment, high industry wages, investment, and tax returns to Australians.
The mining industry invests in the capabilities of the Australian workforce by creating jobs and new opportunities supporting communities across the country from capital cities to rural and remote regions.
Mining is a significant contributor to the economy as it underpins the rise in income, living standards and prosperity over time.
Australia has a strong mining equipment, technology and services (METS) sector with leading developments in innovation servicing the sector. Mining contributes to billions of dollars to federal and state governments each year in taxes and royalties. This funding assists all industries in Australia, making way for new schools, infrastructure, roads, hospitals and more. Major companies in the resources sector donate funding to support community programs and scholarships across our country.