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Australian Productivity Comm Report Into Resources Sector Regs


Thursday, January 14, 2021
In Brief
The Productivity Commission (Commission) recently released its final report on resources sector regulation. The report examines the regulation of minerals and petroleum in Australia, and identifies issues and leading practices approaches to addressing these issues. 
The Commission has made a number of recommendations aimed at improving the current regulatory arrangements in the sector and reducing unnecessary costs for businesses.
The Commission was also tasked with considering potential impediments to the timing, nature and extent of business investment in the Australian resources sector. 
The recommendations from the report have the potential to significantly affect the mining and petroleum sectors if implemented. Relevantly, the Commission has noted that improving the foundations of the regulatory system are particularly relevant in the current climate, as jurisdictions seek to develop reform agendas to boost e ....

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Huge project pipeline delivers massive job opportunities


Nine major mining projects in the Bowen and Galilee Basins will generate the need for more than 4200 jobs with one occupation identified as the most in-demand.
The Australian Resources and Energy Group s workforce forecasting report, released today, quantified the need for skilled workers across the mining and energy sectors to propel the COVID-19 economic recovery.
Using a number of industry-verified modelling techniques, the Australian Mines and Metals Association s Resources and Energy Workforce Forecast (2021-2026) report detailed the operational labour demand required for new mining and oil and gas projects scheduled for completion between 2021 and 2026.
Nationwide, the pipeline of job-creating projects was worth $84 billion and more than 24,000 jobs. ....

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