Friday, September 9

Mining Industry is Fooling the Public: Survey

AUSTRALIANS’ perceptions of the economic contribution of the mining industry are wildly different from the facts, according to a new survey.

The survey, conducted by independent think tank The Australia Institute, found that respondents believed the mining industry accounted for 35% of economic activity.

According to the Australian Bureau of Statistics, mining accounts for 9.2% of gross domestic product, although that doesn’t include flow-on effects to other sectors like construction, finance and manufacturing.

Respondents believed around 16% of the workforce was employed by the mining industry when the actual figure was 1.9%, or just 217,100 of Australia’s 11 million-strong workforce.
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mining news.net.au

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