Resource Industry Recovery Agenda
AMEC and QRC have outlined 40 recommendations focused on industry recovery spanning infrastructure investment, fiscal stability, Regulatory and streamlining reform and industry initiatives.
Click here to view the Resource Industry Recovery Agenda
QRC Streamlining Report
The report is a decade review of the 2009/2010 streamlining project and offers 20 recommendations focused on streamlining and efficiency improvements of the assessment and operating processes.
Click here to view the Streamlining Report
Government Assistance Requested
QRC Chief Executive Ian Macfarlane wrote to Premier Palaszczuk on 23 March to support the Queensland Government’s swift action to assist business since the pandemic of COVID-19 was declared. Further to the measures already put in place such as the payroll tax deferral, QRC suggested a variety of immediate support measures which Government could provide to the sector over the next six months (outlined below).
Primarily, these measures should focus on ‘suspend and extend’ – an explicit suspension of required compliance with work program activities and an extension of upcoming relinquishment requirements.
- Provide relief from operational fees and charges such as tenure rents, applications, transaction fees and Environmental Authority annual fees;
- Suspension of strict compliance on work program timeframes and expenditures on tenures;
- Extend (or provide relief) for compliance with Environmental Authorities where activities necessary to meet conditions are affected by COVID-19;
- Accelerate industry support initiatives, such as the Collaborative Exploration Initiative; and
- Suspend live regulatory reforms that are currently generating operational uncertainty for industry such as the Lake Eyre Basin proposal.
QRC received the following advice from the Department on 16 April 2020:
The department understands that the resources sector, along with many other important parts of the Queensland economy, is experiencing difficulties in the current economic climate.
It is important that resource companies that have concerns around their ability to meet their tenure obligations, as a result of COVID-19, remain in close contact with the department so that we can work with them through these challenges.
Applications for variations to work program and expenditure commitments can be submitted via normal lodgement processes, such as MyMinesOnline.