VIC Media Releases


STATE BUDGET EXPLORATION FUNDING - A WELCOME PARTNERSHIP APPROACH

The Minerals Council of Australia, Victorian Division welcomes the Victorian Government’s plan to unlock the state’s mineral potential to be announced in tomorrow’s state budget. The proposal to allocate $15 million to the TARGET initiative to drive minerals exploration through a grants system for industry co-funded drilling and surveying will help develop Victoria’s significant mineral endowment.

Red Tape Reduction – A Great First Step

The MCA applauds the delivery of the Red Tape Commissioner’s first tranche of reforms to reduce business costs without compromising regulatory performance. Many regulatory requirements placed on the minerals industry are archaic and deliver no beneficial outcomes; they are simply a dead weight compliance cost. The MCA actively engaged with the Commissioner to identify practical opportunities to cut red tape and four of the 36 Red Tape Reforms will directly benefit the minerals industry:

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