Mining and resources sector on notice, 27,000 jobs on the line over 5 years
The Australian Resources & Energy Employer Association (AREEA) has identified 107 new projects, worth about $131b and creating almost 27,000 jobs over the next five years. WA alone accounts for 48 new projects, or 44% of the investment pipeline, requiring at least 11,000 new workers by the end of 2029. AREEA’s new report, Resources and Energy Workforce Forecast: 2024-2029, breaks down the estimated labour required to operate new, expansion and restarted mining and oil and gas projects, based on modelling of the Federal Department of Industry project data. AREEA chief executive Steve Knott AM comments on this. “Iron ore, coal and gas saw Australia’s export earnings reach a record $466b in the year to June 2023,” he said. “The industry…