Riches from Royalties: How Australia’s States and Territories Depend on Mining | Gene Tunny

In "Riches from Royalties: How Australia’s States and Territories Depend on Mining," Gene Tunny highlights how royalty payments from mining companies serve as a vital source of revenue for state and territory governments. These funds support essential public services such as health and education while helping reduce reliance on federal transfers. The paper reviews the value of royalties, explores alternative models like resource rent taxes and state-owned enterprises, and discusses the broader fiscal implications for federal-state financial relations in Australia. Read the paper here: https://www.cis.org.au/publication/riches-from-royalties-how-australias-states-and-territories-depend-on-mining  Audio Produced by: Randall Evans Subscribe to all our shows: What You Need to Know About delivers concise insights from CIS experts, breaking down complex topics like policy, economics, and societal challenges. Subscribe here: https://whatyouneedtoknowabout.podbean.com/  The CIS Research Collection delivers our research papers in an audio format so that you can listen to them on the go. Subscribe here: https://cisresearch.podbean.com/ Liberalism in Question features thought-provoking interviews with world experts in politics and culture from a Classical Liberal perspective. Subscribe here: https://liberalisminquestion.podbean.com/ CIS Events Experience: From the studios of CIS our events team brings you engaging discussions from our live events, featuring lectures, panel discussions, and conversations with leading experts: https://cisevents.podbean.com/ #mining #auspol #greenenergy