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While mining companies only hold extraction rights, the government benefits through royalties and taxes. Despite foreign investment, Australia lacks a centralized wealth fund like Norway, resulting in wealth flowing into private markets rather than national resources.<\/p>","protected":false},"author":17897162,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"image","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_geoff_meta_description_en":"","_geoff_meta_description_zh":"","_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[780925312],"tags":[],"class_list":["post-13477","post","type-post","status-publish","format-image","hentry","category-reflections","post_format-post-format-image","","has-post-thumbnail","fallback-thumbnail"],"translatepress_titles":{"en_AU":"Who Really Owns Australia\u2019s Mines \u2014 Misunderstandings About Foreign Capital, Mining Royalties, and National Wealth","zh_CN":"\u6fb3\u5927\u5229\u4e9a\u7684\u77ff\u5230\u5e95\u5c5e\u4e8e\u8c01\u2014\u2014\u5173\u4e8e\u5916\u56fd\u8d44\u672c\u3001\u8d44\u6e90\u7a0e\u4e0e\u56fd\u5bb6\u8d22\u5bcc\u7684\u4e00\u4e9b\u8bef\u89e3"},"jetpack_publicize_connections":[],"jetpack_likes_enabled":false,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p1ar9H-3vn","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/posts\/13477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/users\/17897162"}],"replies":[{"embeddable":true,"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/comments?post=13477"}],"version-history":[{"count":4,"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/posts\/13477\/revisions"}],"predecessor-version":[{"id":13482,"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/posts\/13477\/revisions\/13482"}],"wp:attachment":[{"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/media?parent=13477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/categories?post=13477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/geoffreychen.com\/zh\/wp-json\/wp\/v2\/tags?post=13477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}