Streamlining mining approvals a welcome step forward

October 17, 2013

The NSW Minerals Council has welcomed today’s announcement by the NSW Government to streamline the regulatory framework for NSW mining by cutting red tape on mining lease approvals.
 
“NSW competes with other states and international locations for investment. Over recent years the approvals process in NSW has become overly bureaucratic and cumbersome, making our state less attractive for investment,” NSW Minerals Council CEO, Stephen Galilee said today.

“This move by the NSW Government will maintain strong environmental and community protections while restoring some investor confidence in NSW,” he said.

Today’s announcement follows yesterday’s commitment by the Federal Government to collaborate with the states to implement a one-stop-shop for environmental assessments on major infrastructure developments including mining projects.

“In addition, the Federal Government has announced plans to lift the burden of the Carbon Tax from the shoulders of the resources sector.” 

“Overall, these are encouraging signs that governments at a state and federal level recognise the need to keep mining in NSW strong in order to deliver jobs and economic stability across the state,” Mr Galilee said.

Contact: Brad Emery bemery@nswmining.com.au or 92741463 - 0450 620 254

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