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"Western Australia is endowed with an abundance of mineral and petroleum resources, and mining has played a central role in the State's economic, social and political life. A century after the celebrated 1890s goldrushes, his vital industry returns to the State many hundreds of millions of dollars in revenue annually." "A Rich Endowment: Government and Mining in Western Australia 1829-1994 examines the role of Western Australian governments in encouraging, regulating and administering the industry, outlining the development of mining law and the elaboration of services to prospectors and miners." "From a thoroughly researched account of early mineral discoveries, Ken Spillman focuses on the ...
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This book examines existing mineral fiscal policies covering income taxation, royalties, free carried and participative (community and government) interests and also highlights the impacts of these policies on the feasibility of mineral projects as well as on revenue and other benefits to the State. While publications already exist on the subject matter, they have invariably approached the topic primarily from a Government standpoint rather than the mining industry. This book aims to provide a balance in this debate by comparing the financial outcomes gained or foregone by both Government and industry under different policy regimes. The discussions are supported by quantitative examples to more clearly articulate the potential outcomes and better inform future fiscal policy decisions.