WITH a record $219b invested in resource exports in WA in 2019, the state is the world leader in attracting mining investment.
This is reflected in the record number of workers currently employed by mining and resource companies as exploration and production ramps up.
Fraser Institute senior policy analyst Ashley Stedman said that a sound regulatory regime coupled with competitive taxes are key to making a jurisdiction attractive to investors.
The comprehensive Fraser Institute mining survey assessed 76 jurisdictions across the world, with WA coming out on top on the Investment Attractiveness Index.
“We consider both policy and mineral potential in the Investment Attractiveness Index,” Ms Stedman said.
Apart from NSW, Australian states and territories showed mostly positive moves.
South Australia climbed from 24th to sixth, a reflection of a determined push to make the state attractive to mining projects.
The NT moved into 13th place, displacing Queensland down to 15th, while Tasmania and Victoria both improved their rankings.
WA sits at 5th in the Policy Perception Index (PPI), a composite index that measures the overall policy attractiveness of the jurisdictions in the survey.
