WA resources sector injects $150 billion into economy - Australian Mining

WA resources sector injects $150 billion into economy - Australian Mining

Image: Adwo/shutterstock.comWestern Australia’s resources sector injected a record $150 billion into the national economy in 2023–24. This milestone marks the biggest outlay in the 10 years that the Chamber of Minerals and Energy WA (CME) has been compiling surveys on the economic contribution of resources. The spending included $19.8 billion in wages to direct employees, $79.3 billion to local businesses, local governments and community initiat…

Workers, community groups and local businesses share benefits of record WA resources sector spend

WA resources companies pumped at least $150 billion in direct spending into the national economy in 2023-24 – the biggest outlay in 10 years of economic contribution surveys compiled by the Chamber of Minerals and Energy WA (CME). The $150 billion spend includes wages to direct employees ($19.8 billion), money spent with local businesses, local governments and on community initiatives ($79.3 billion) and taxes and royalties paid to the State ($1…