Queensland Resources Council (QRC) has welcomed the new taskforce announced by the Minister for Resources and Northern Australia Senator Matt Canavan tasked with ensuring Australia’s resources sector remains internationally competitive.
QRC Chief Executive Ian Macfarlane said the sector had moved past the green shoots phase but needed a stable and safe investment profile to maintain the momentum.
“Queensland’s resources sector has seen a sustained lift in commodity prices with both new mines opening and mines restarting but we must not become complacent otherwise capital will flow to other resources jurisdictions,” he said.
Mr Macfarlane said the taskforce must focus on the misinformation being spread by extreme green activists which is not only hurting the sector’s investment profile but its connections with communities.
“One of the key priorities should be a ban on all foreign donations to green activists who are using overseas money to disrupt and delay job creating projects,” he said. At the very least activists should be brought into line with democratically elected members of parliament and be forced to declare donations.”
Mr Macfarlane said the taskforce’s high calibre representatives had the right balance to make meaningful change to the sector. The Queensland resources sector now provides one in every $6 dollars in the Queensland economy, sustains one in eight Queensland jobs, and supports more than 16,400 businesses across the State – with almost 7000 businesses in the Greater Brisbane region – all from 0.1 percent of Queensland’s land mass.