A new report suggests Australia\u2019s coal industry contributed almost $165 billion to the national economy and supported around 750,000 jobs during the 2024\/25 financial year.<\/p>\n
Coal Australia\u2019s first Annual Coal Report, independently prepared by Lawrence Consulting, provides the first comprehensive assessment of the coal sector\u2019s economic contribution<\/a> across Australia, including national, state, regional, local government and electorate levels.<\/p>\n Coal Australia chair Rob Bishop said the findings demonstrated the importance of the industry<\/a> to Australia\u2019s economy and workforce.<\/p>\n \u201cOur industry provides good well-paying job opportunities for thousands of men and women working at mines in regional communities and suppliers who keep us running,\u201d Bishop said in a statement<\/a>.<\/p>\n The report found the coal sector supported 14,451 Australian businesses and spent $74.5 billion across the Australian economy during the year. The industry also contributed $9.6 billion in royalties and state taxes, paid $8.9 billion in wages and salaries, and provided $228.7 million to local governments.<\/p>\n Coal Australia chief executive officer Stuart Bocking said the figures highlighted the scale of the industry\u2019s economic footprint.<\/p>\n \u201cThe scale of coal\u2019s economic impact is extraordinary. Few industries, if any, can match coal\u2019s economic footprint,\u201d Bocking said.<\/p>\n