A spokesperson for Greens MLC for the Mining and Pastoral Region, Robin Chapple said that he supported a more equitable royalties system but said that the government was doing itself no favours by refusing to consult with the sector.
“Obviously no-one wants to see a situation where the mining sector dictates the royalties reform process,” the spokesperson said.
“However Mr. Chapple does not think that consulting with the sector is actually going to damage the credibility and workability of what is decided upon.”
“All stakeholders in this process – and that is a large number – should be able to have input.”
The spokesperson said that future royalties should be set at around the nominal 10 per cent F.O.B. but that the ultimate decision should be achieved through “negotiation, not edict.”
The spokesperson further noted that 80 to 90 per cent of royalties received by Western Australia would be offset by a reduction in the GST revenue stream under current State-Commonwealth funding agreements.
- For more information please contact Robin Chapple on 0409 379 263 or 9486 8255
