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With the Gunner Govt struggling financially and with the Feds...

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    With the Gunner Govt struggling financially and with the Feds working on the mining front, solid political support is front & centre and projects such as this should benefit soon.... well, we hope!!

    https://thewest.com.au/politics/federal-politics/scott-morrisons-donald-trump-style-plan-to-boost-the-mining-industry-ng-b881239232z

    Extract from Prime Ministerial Address 24/06 to WA Chamber of Commerce
    ".......... Removing what governments identify as excessive or outdated regulation is one thing. Whether we are really focusing on the barriers that matter to business in getting investments and projects off the ground is another.Take the WA mining industry for example. In 1966, the late Sir Arvi Parbo took the Kambalda nickel mine near Kalgoorlie from discovery to operation in 18 months.By contrast, the Roy Hill iron ore mine took around 10 years to complete around 4,000 approvals. Delays to the project meant delays to over 5,000 construction jobs and 2,000 ongoing jobs.This in a region where iron ore mining has been taking place for decades and is relatively low risk.There is a clear need to improve approvals timeframes and reduce regulatory costs, but in many cases regulators are making things worse.Look at the WA Environment Protection Authority and the uncertainty it has created over new emissions requirements for the resources sector. Business will also make valid criticisms of many Commonwealth agencies and departments.That’s why I’ve asked my colleague Ben Morton – as Assistant Minister to the Prime Minister – to work with me, the Treasurer and other Ministers, to tackle the full suite of barriers to investment in key industries and activities.This will be a renewed focus on regulatory reform but from a different angle.Rather than setting targets for departments or government agencies, we’ll be asking the wider question from the perspective of a business looking, say, to open a mine, commercialise a new biomedical innovation, or even start a home-based, family business.By focusing on regulation from the viewpoint of business, we will identify the regulations and bureaucratic processes that impose the largest costs on key sectors of the economy and the biggest hurdles to letting those investments flow.What are the barriers, blockages and bottlenecks? How do we get things moving?I urge the business people in this room and around Australia to engage with this process.Step one is to get a picture of the regulatory anatomies that apply to key sectoral investments. Step two is to identify the blockages. Step three is to remove them, like cholesterol in the arteries.While reducing taxes has had a major impact in the United States, it was actually the Trump Administration’s commitment to cutting red tape and transforming the regulatory mind set of the bureaucracy that delivered their first wave of improvement in their economy. You can be assured I have begun this term by making it clear to our public service chiefs that I am expecting a new mindset when it comes to getting investments off the drawing board.........."

 
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