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ECONOMICS—MINING INDUSTRY

Senator Waters, pursuant to notice of motion not objected to as a formal motion, moved general business notice of motion no. 720—That the Senate—

 (a) notes a current report by The Australia Institute, which finds:

  (i) the mining boom in Queensland is likely to destroy one non-mining job for every two mining jobs it creates, with the loss of at least 20 000 jobs should all 39 resource projects analysed proceed, and

  (ii) the reality of the mining boom for the 99 per cent of Queenslanders who do not work in the mining industry is higher housing costs, higher mortgage interest rates and fewer jobs in tourism, manufacturing and agriculture;

 (b) further notes the statements of the National Secretary of the CFMEU [Construction, Forestry, Mining and Energy Union] on 19 March 2012 to the effect that:

  (i) the strength of the mining industry is driving up the Australian dollar to unprecedented levels and across the country Australia's manufacturing sector is under too much strain, and thousands of jobs are being lost in the finance sector too, and

  (ii) Australians outside the mining industry are doing it tough because of the impact of the mining industry on the economy, causing a lot of unhappiness; and

 (c) calls on the Government to:

  (i) assess the real impacts of the mining boom on Queensland communities and the state's economy, and

  (ii) reassess its decision to use proceeds of the Minerals Resource Rent Tax to fund infrastructure which will benefit the mining industry instead of benefiting Queenslanders through investment in initiatives such as national dental care, education funding, national disability insurance scheme, high speed rail and a sovereign wealth fund.

Question put.

The Senate divided—

AYES, 11

Senators—

Brown, Bob

Di Natale

Hanson-Young

Ludlam

Madigan

Milne

Rhiannon

Siewert (Teller)

Waters

Wright

Xenophon

NOES, 35

Senators—

Back

Bernardi

Bilyk

Bishop

Cameron

Cash

Colbeck

Collins

Crossin

Edwards

Faulkner

Fawcett

Feeney

Fifield

Gallacher

Hogg

Joyce

Kroger

Lundy

Marshall

McEwen (Teller)

McKenzie

Moore

Parry

Payne

Polley

Pratt

Ronaldson

Sherry

Singh

Sinodinos

Stephens

Sterle

Thistlethwaite

Urquhart

Question negatived.