Economic and Social Contribution of Ichthys LNG in the Northern Territory

Impact on Taxation Payments to Commonwealth and NT Governments Highlights 圓 Taxation impact, by head of taxation (LHS) and flow of taxation revenue (RHS), Real Terms, $m x+ |·|· $7.1 billion in Commonwealth and Territory taxes potentially $1,400m $1,400m payable, primarily after 2024 ■Company tax ■GST Personal income taxes ■NT Payroll tax Taxation revenue flowing to NT Annual tax payments projected to peak at $2 billion in 2025 and ■Other NT taxes ■Taxation revenue flowing to other States and Territories $1,200m $1,200m 2026 $1,000m Almost $90m in payroll tax is projected to be paid to the NT Government, and an estimated $800m $225m in other NT taxes and charges and GST payments between 2020 and 2030 $1,000m $800m $600m $600m The estimated average taxation $400m $400m payable to the NT Government is worth $34.1m per annum. This is enough to fund the $200m $200m development of two new primary schools every year over the 10 year study period $0m $0m 2020 2022 2024 2026 2028 2030 2020 2022 2024 2026 2028 2030 ACIL ALLEN

View entire presentation