Publish What You Pay’s statement: Senate inquiry into Australia’s oil and gas reserves
Sale of Bawdwin mine set to finance Myanmar military
Australian miner’s proposed sale of Bawdwin mine will benefit the military. The company must discuss the project with the National Unity Government and ensure any future sale has highest standards of human rights due dilligence.
Publish What You Pay’s Statement: Senate Inquiry into exploration and production of oil and gas in the Beetaloo Basin.
Case against Obeid and McDonald shows more needed to prevent corruption and abuse of power says NGO coalition
Aussie miner’s sale of Bawdwin mine will benefit the Myanmar military whilst thousands die from COVID
Australia still failing in efforts to tackle corruption and climate transparency in resource sector
Moves in the US to introduce climate disclosure laws for listed companies and to strengthen anti-corruption laws for mining, gas and oil companies means Australia is falling further behind on financial and climate transparency rules.
Total’s stopping of dividends is a first step to support democracy
Today French giant Total, the operator of the Moattama Gas Transportation Company Limited (MGTC), said it will stop cash distributions to its shareholders, including the Myanma Oil and Gas Enterprise (MOGE) which is under the control of the Myanmar miltiary.
Changes to NAIF could see public money flow to oligarchs and offshore accounts
The government’s decision to amend the Northern Australia Infrastructure Facility (NAIF) could see public money flow to gas companies in the Beetaloo basin, NT that using secrecy jurisdictions and shadowy ownership structures.
Statement to Australian extractive companies in Myanmar
On the 3 month anniversary of the coup, extractive companies must support democracy, suspend exploration activities and rule out any financial flows going to the military regime.
Woodside’s leadership on Myanmar, others must follow
Today Woodside, Australia’s largest oil and gas company, announced it would withdraw its operations from Myanmar. This comes after pressure from civil society and worsening violence by the Myanmar military. Any extractive company doing business in Myanmar could be providing revenue to the military's generals and operations.
Australian extractive companies must support democracy not Myanmar junta
Joint civil society statement on Myanmar military coup
This statement is from civil society from 3rd February 2021 in response to the Myanmar military coup.
$50 million in public money for NT gas could flow offshore
The Federal Resources Minister, Keith Pitt has today announced $50 million of government subsidies going to oil and gas companies in the Beetaloo basin, Northern Territory (NT).
Some oil and gas companies in the Beetaloo basin use offshore secrecy jurisdictions and shell companies to avoid scrutiny and allow their owners to hide in the shadows
New rule means U.S. falls behind in fight against global corruption
Despite overwhelmingly support in the U.S. in favor of a strong anticorruption rule for oil, gas and mining companies, officials have voted to cut the law and weaken global efforts to stop corruption.
The original 2010 law compels companies in the extractive industries to disclose project-level payments they make to governments in countries where they do business. This led to a ray of sunshine over the notoriously secretive oil, gas, and mining sectors.
Australian Government should follow U.S. as they ban anonymous shell companies
Over the weekend, U.S. Congress made history by passing the most significant reform in U.S. anti-money laundering law in decades showing how far behind Australia is in stopping corporate secrecy.
The Corporate Transparency Act will modernise U.S. anti-money laundering laws and shine a light on who owns anonymous shell companies in the United States. The United States is the second most secretive financial jurisdiction in the world.
Leaders or Laggards? ASX mining, gas and oil company tax and revenue transparency
In response to calls to reduce corporate tax rates and fast track approvals, fund managers Ethical Partners and NGO coalition Publish What You Pay have released new research showing Australian mining, gas and oil companies are falling behind in tax transparency in comparison to the UK, EU and Canada[1].
Polling shows Australians want greater tax transparency and contributions from big mining and gas companies in times of COVID-19
With the recent focus on mining transparency and industry calls for reductions in corporate tax and royalty rates, advocacy coalition Publish What You Pay has released new polling of 1042 Australians from July 6 conducting by Lonergan Research.
Media release: Switzerland passes mandatory disclosure laws
Swiss pass new transparency law for mining, gas and oil companies ‘joining EU, UK, Canada, Norway and US (which is awaiting implementing) to mandate companies to “publish what you pay” at the country and project level.
Media Release: Mining, gas and oil companies must contribute fair share to coronavirus recovery
PWYP Australian Senate Hearing
Publish What You Pay (PWYP) Australia gave evidence to the Senate Economics Reference Committee on multinational tax avoidance in Australia and the lobbying effort overseas of Exxon to and kill of tax transparency measures that would force them to disclose their corporate tax information.