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Tuesday, 7 December 1976


Mr Hurford asked the Minister for Overseas Trade, upon notice:

(1)   What formula has been worked out by the International Bauxite Association for the pricing of bauxite and" alumina for discussion at the next Council meeting of the Association?

(2)   What are the implications for Australia of this approach?


Mr Howard -The answer to the honourable member's question is as follows:

(   1 ) Pricing policy and the question of securing fair and reasonable returns from the exploitation, processing and marketing of bauxite and alumina for the economic and social development of member countries have been under active consideration within the Association for some time. No decision on a universally acceptable formula has yet been taken.

(   2 ) See answer to ( 1 ) above.

Levy on Bauxite (Question No. 1302)


Mr Clyde Cameron (HINDMARSH, SOUTH AUSTRALIA) asked the Minister for Overseas Trade, upon notice:

(   1 ) Which member countries of the International Bauxite Association impose a production levy on bauxite?

(2)   Has the Australian Government studied the purpose of the levy; if so, does it intend to emulate the action already taken by other bauxite-producing countries, of compelling the multinational corporations, which now share a joint monopoly over alumina and aluminium production, to make a greater financial contribution to the Australian people for the benefits they derive from their exclusive rights to exploit Australian bauxite resources?


Mr Howard -The answer to the honourable member's question is as follows:

(   1) To the best of my knowledge the following member countries impose a production levy on bauxite: the Dominican Republic, Guinea, Haiti, Jamaica and Surinam.

(2)   Yes, we have studied the purpose of the levy, which is intended to help secure what those Governments regard as a reasonable Government take. In Australia, this function is performed by our taxation system; mining companies are subject to company income tax, royalties, payroll and other taxes.







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