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Don’t forget how we got so lucky
Mrs Rinehart said governments “seem to forget” that “modern resources and agricultural industries underpin human flourishing”, while reigniting her push for the Federal Government to mark two days in November as national days for the two sectors. “For all the platitudes we hear about supporting the agricultural and resources sectors, their actions show the opposite,” she said of governments. “Platitudes and press releases don’t lift a single tonne of any mineral out of the ground.” Mrs Rinehart said the growing burden of red tape – including looming “huge increases” to the Environment Protection and Biodiversity Conservation Act — and increasing regulation around net zero emissions, were evidence that government actions defied their supposed support for the sector.
MEDIA RELEASE | Bannister Downs Dairy Wins Coveted 2024 People’s Choice Product of the Year
Bannister Downs Dairy is celebrating a milestone win, announced as Western Australia’s 2024 People’s Choice Product of the Year for its Farm Fresh Milk, at the 2024 WA Good Food Guide Awards held at the Fremantle Passenger Terminal. BANNISTER DOWNS DAIRY, a partnership between the Daubney Family and Australia’s leading private company, Hancock Prospecting (HPPL), led by its Executive Chairman Mrs Gina Rinehart AO are thrilled to secure the coveted people vote. BANNISTER DOWNS DAIRY’s Managing Director, Ms Suzanne Daubney said this win is a true measure of the team’s hard work and consumer love for the WA owned and produced milk.
Honour industries that transformed Australia
Australia has long been a nation of primary producers, of farmers and miners who go out into regional and outback areas and contend with whatever nature may throw at them to provide the food, fibre and raw materials that we need to survive and thrive. We have cultivated agriculture that feeds and clothes Australians and tens of millions of people around the world. And we have taken risks and developed the minerals that have enabled higher living standards across Australia and the world. Thanks to our primary industries and the many businesses they support, we live in one of the wealthiest countries that has ever existed, and Australians today have among the highest standards of living ever experienced by human beings.
Green tape threatens net zero ambition
Beach Energy interim chair Ryan Stokes has warned Australia’s energy transition is at risk of failure as an ambiguous and complex environmental approvals process adds to growing domestic supply constraints. Mr Stokes said gas projects were experiencing extensive and costly delays in the environment approvals process. “According to the regulator, only five applications have received approval in the last 12 months and there are over 40 applications under review,” he told the company’s annual meeting on Tuesday. “A process that may have previously taken months is now taking close to two years.
Approval delays could squander Australia’s hopes for net zero by 2050
Nearly half of Australia’s business leaders say long environmental approvals are a big risk to the country’s ambitions to cut emissions, adding to growing alarm about green tape tying up projects. A total of 47 per cent of respondents were concerned about the approvals, while only 37 per cent of the corporate decision-makers surveyed felt Australia could hit the crucial net zero by 2050 target. It is the latest warning signal to emerge in an escalating battle over regulations — delaying projects across the country.
EXCESSIVE RED TAPE HOLDS BACK CRITICAL MINERALS BOOM
In the absence of any further improvements in the regulatory framework of our resources sector, and in particular with regard to critical minerals, Australia will cede its competitive advantage to other nations with less stringent approval processes and environmental standards. Our leaders seem to have forgotten the crucial role that the mining and resources sector has played and will continue in play in the development of our great nation.
Regulatory war via red tape on resources
Shadow resources minister Susan McDonald has accused the Federal Government of a “regulatory war” on oil and gas as red tape drags on more than $20 billion of investment. Writing in The West Australian on Wednesday, the Queensland Liberal-National senator claimed the Government was sacrificing the oil and gas industry — the State’s second-biggest exporter — to win green votes in Sydney.
New legal challenges for Santos gas project
New traditional owner opponents against Santos’ $5.8 billion Barossa offshore gas project in the Northern Territory have joined the legal battle, as a Federal Court proceeding started that could be a key test case over underwater Aboriginal cultural heritage approvals.
Economy dives in resilience ranking
Deteriorating energy infrastructure, lacklustre entrepreneurship and poor competition rules are holding back the Australian economy, with a new report suggesting a drop in competitiveness is putting at risk future prosperity. In a ranking of the most resilient economies, Australia fell to 20th place from first place in 2004, analysis by Institute of Public Affairs senior fellow Kevin You found.