MINING IN THE NT: AN AGENDA FOR GROWTH

Today the Northern Territory Division of the Minerals Council of Australia is launching its Agenda for Growth document for the NT Mining Industry.  The document includes background on the industry and highlights the substantial economic benefits it has for all Territorians.

This important document provides a strategic outlook that identifies the policy priorities that the industry seeks to work with Government on to ensure the Northern Territory mining sector maintains a globally competitive advantage into the future, on behalf of all Territorians. 

It has been released in advance of the 27 August NT election, to allow all parties to consider the recommendations and develop positions to present to Territorians in advance of the election.

Agenda for Growth covers key policy areas including productivity, infrastructure investment, the environment, exploration, community contribution, NT development and the future potential of uranium to contribute significantly to the NT economy.

The minerals industry has played a significant role in the development of the NT over the past 40 years.  The industry contributed around $2.75 billion to the local economy in 2014-15 and accounts for 12 per cent of the Territory’s Gross State Product.

There are around 5,700 Territorians employed in the sector and each of those jobs generates around $656,000 for the economy, on average.

The minerals industry continues to underpin the Territory’s ongoing economic development, and it is critical that all political parties take note of the challenges the industry faces and puts forward clear policies to address them.

The minerals industry urges all candidates standing at the next Territory election to seriously consider the policy priorities in Agenda for Growth; however, the document has much broader and longer-term relevance than just as a pre-election platform. 

The risks, opportunities and recommendations outlined in the Agenda are intended to focus government attention and provide a clear way forward, including as a starting point for industry consultation.

We look forward to engaging with the government to more fully realise the enormous potential from a diverse and robust minerals industry.

Agenda for Growth can be downloaded here: http://bit.ly/ntagendaforgrowth


Media Contact:
Jonathan Hawkes
T:0434 660 801           

Download complete article