Australian economic contribution
We have a long-standing commitment to the communities, regions and countries that we operate in.
Our economic contribution in FY22
We contribute in many ways, but one of the most fundamental is the economic contribution we provide through jobs, payments to suppliers, taxes, royalties, dividends and social investment.We remain one of Australia's largest taxpayers, with an effective tax rate of 33.9%.
We expect to fund around 10% of all company tax in Australia in FY223.
BHP's 2022 dividend contribution
0:39
How we contribute
Suppliers
We make payments to our suppliers for the purchase of utilities, goods and services.
Shareholders and investors
Payments to our shareholders and investors, including dividends.
Social investments
We contribute a minimum of 1% pre-tax profit to social investments.
Employees
We make payments to employees through wages and salaries.
Taxes
We remain one of the largest taxpayers in Australia.
Royalties and other payments to governments
We pay royalty-related income taxes and royalties, and make various other payments to governments.
1 Calculated based on A$ denominated payments.
2 FY2022 amounts for Australia are translated at the FY2022 average rate of AUD/USD 0.726.
3 Based on the actual corporate tax paid in FY2022 by BHP Group, and by comparison to budgeted 2021/2022 cash receipts per the 2022/2023 Commonwealth Budget.