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Adani promised Australia billions from its Carmichael mine but it hasn’t paid a cent in tax. How did we get here?

The coalmine generated millions in revenue in its early days but recorded an operating loss – a pattern that would repeat at scaleGet our breaking news email, free app or daily news podcastIt was entirely foreseeable, and has resulted in billions of dollars in forgone revenue for Australia.But just how did policymakers fail to extract a single cent in company tax from Adani’s Carmichael coalmine, even though it opened during the start of a commodity price boom? Continue reading...

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