Tag: Prime Minister Scott Morrison

The Australian Government today launched its 2022 Critical Minerals Strategy today as part of a package of measures to develop the sector, while the nation’s resources and energy exports is expected to reach a record high of $379b this financial year. The updated Strategy builds upon the first one published in 2019, which aims to put Australia at the centre of meeting the growing demand for critical minerals by 2030, and is part of the 2022-23 Federal Budget. Prime Minister Scott Morrison said Australia’s resources companies were leading the world in developing new critical minerals markets. “As the global economy changes, there are exciting new growth opportunities emerging in areas such as rare earths and critical minerals that ultimately mean…

WA Premier Mark McGowan has jumped on board the Prime Minister’s plans to fast track environmental approvals for resource projects. In his recent speech at the Business Council of Australia annual dinner on November 21, Prime Minister Scott Morrison said environmental approval processes for major projects are overly complex, duplicative and they take too long. “We will partner with the Western Australian Government to develop a system that will reduce approvals times, allow project proponents to submit a single application via a single online portal, track its progress and access a database of biodiversity studies relevant to their project,” Mr Morrison said. “It takes approximately three and a half years for a complex major project to navigate the State and…

PRIME Minister Scott Morrison has announced plans to examine red tape in mining and other key industries as part of a push to ramp up Australia’s economy. In a speech to business leaders in Perth last week, Mr Morrison said he had charged his assistant minister Ben Morton with investigating the levels of existing bureaucratic hurdles, with the government’s previous red tape-cutting initiatives already creating savings of $5.8 billion. Addressing the WA Chamber of Commerce and Industry, Mr Morrison said he wants to go further, shifting the onus to business and industry to identify the delays, using Donald Trump’s economic plan as the inspiration. “This will be a renewed focus on regulatory reform but from a different angle,” Mr Morrison…