This proposal would introduce a new 40 per cent mining super profits tax on the super profits of individual Australian mining projects, where the super profits would be calculated at the project level as revenue less expenses.

The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.

The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.

The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.

The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.

The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.

The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.

The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.

The proposal would prohibit any new gas fields, coal mines, gas plants or coal stations. This includes preventing any expansion of any existing gas fields (onshore and offshore) or coal mines that are currently in operation. The proposal would mean that any new coal and gas projects that have been publicly announced, but not yet committed to, would no longer be permitted to commence.

The proposal has two components that would introduce levies, in the form of purchasable permits, on thermal and metallurgical coal. The proposal would also introduce a declining annual cap on the export of thermal coal. The export of metallurgical coal would not be capped.

Component 1: Thermal coal