QUEENSLAND’s resources sector has urged a sweeping overhaul of State Government policies to capitalise on the ‘supercycle’ of global demand for minerals and energy.
In its 2008-09 Budget submission the Queensland Resources Council (QRC) called for a budget to target and enable structural changes and economic reforms.
The 2008 -09 budget requested the introduction of a statewide energy conservation program as a major contribution to reducing carbon emissions; a go-ahead for uranium exports from Queensland to produce a new source of jobs, exports and mineral royalties to the state; and appropriate resource levels for key regulatory agencies which are struggling to keep pace with the growth ambitions of resource sector companies in Queensland.
According to the QRC, infrastructure services to minerals-rich North West Queensland will remain in limbo as long as risk aversion dominated the business philosophy of government Ministers and government-owned service providers.
Queensland Resources Council