Date Time CME welcomes Federal Budget focus on future of mining and resources sector The Chamber of Minerals and Energy of WA (CME) welcomes measures announced in the 2021-22 Federal Budget to encourage investment in mining and resources, help develop the sector’s workforce of the future and foster the use of technology to deliver lower emissions energy. CME Chief Executive Paul Everingham said Australia’s stronger than previously expected economic position highlighted not just the nation’s ability to negotiate the COVID-19 pandemic but also the contributions of the mining and resources sector. Budget documents showed higher-than-expected iron ore prices resulted in a resurgence of Australia’s terms of trade, and increased company tax receipts of $3.4 billion this year and $7 billion over forward estimates.