Sep 15, 2020

BHP details billions spent in Australia

BHP details billions spent in Australia

BHP has injected more than $33 billion into the Australian economy in the past financial year.

The company’s latest economic contribution report showed this included about $11.2 billion in taxes, royalties and other government payments during the year.

In Queensland, where BHP operates a raft of Bowen Basin coal mines, the company paid $919 million in taxes and royalties.

Nationwide BHP increased its workforce by more than 5000 to approximately 45,000 employees and contractors, predominantly in operational roles in Queensland, South Australia and Western Australia.

BHP Mitsubishi Alliance asset president James Palmer said the $33 billion BHP had contributed in Australia had created thousands of jobs, funded projects to support communities and paid its small business suppliers and contractors.

BMA asset president James Palmer.

“In Queensland BHP paid about $920 million in taxes and royalties, helping fund Queensland’s hospitals, schools and the services we rely on,” he said.

“Our priorities are to keep our people and communities safe, to support those who rely on us and to keep our operations running safely.

“To support our communities during the COVID-19 pandemic we established the BHP Vital Resources Fund. It has delivered support to the people and communities who need it the most.

“Spending has focused on critical areas for Queensland’s response, including local healthcare, essential services, business and financial support, mental health services, education and Indigenous communities.

“We will continue to invest in Queensland, employ and train Queenslanders and support our Queensland suppliers and communities.”

Mackay-based Matilda Internet are among the Queensland suppliers to benefit from BHP’s spending, supplying iPads and iPad accessories to BHP through the Local Buying Program since 2016.

Having owned small businesses in mining communities since 1978 in the Northern Territory and Queensland, my wife and I are incredibly grateful that BHP has initiated the Local Buying Program,” director Leon Cuzzilla said.

“We’ve never seen a program like this in the 42 years we have owned small businesses in mining communities. During some tough months, 40 per cent of our business came from BHP sales.”

Matilda Internet director Leon Cuzzilla.
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