The Minerals Council of Australia, Victorian Division, welcomes the appointment of Treasurer Tim Pallas to the resources portfolio.

This appointment reinforces the important contribution the resources industry makes to the Victorian economy. 

Deloitte Access Economics estimates that the mining and mining equipment, technology and services sector directly contributed $8.2 billion in value added to the Victorian economy in 2015-16 and supported around 88,000 full-time equivalent jobs in the state.

The sector’s indirect economic contribution to Victoria is estimated to be an additional $5.4 billion, supporting approximately another 33,700 jobs.

The minerals industry congratulates Mr Pallas in adding resources to his ministerial responsibilities.

We look forward to working with the new Resources Minister to ensure that Victorians continue to prosper from their mineral endowment.


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