Victorian Budget 2015-16

The Minerals Council of Australia Victorian Division welcomes the broad direction of the Andrews Government’s first budget, in particular the focus on a pro-growth strategy and surplus budgets over the forward estimates.

It is however disappointing that this budget fails to consider the future resources sector contribution to Victoria.

The Victorian resources sector provides economic benefits to the state through its contribution to exports, direct and indirect employment and to the broader supply chain industries such as manufacturing and the professional services sectors.  The industry remains particularly important to regional Victoria.

While welcoming the $200 million Regional Jobs Fund to help regional businesses grow their workforces, expand markets and create jobs of the future, the industry is disappointed that this does not extend to the resources sector at this time. 

The industry looks forward to being an engaged partner in the $30 million budget commitment to implement all of the recommendations of the Hazelwood Coal Mine Fire inquiry.

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