Mar 21, 2012

Behind the seams: getting the regulatory framework right

Mining regulation in Queensland is a complex web. Industry, farmers and the local community are crying out for a clearer regulatory framework, writes Troy Collings is the CEO of Best Practice Regulatory Services (BPRS).

It is clear that the current mining boom is on an unprecedented scale and is affecting much of Queensland. These industries provide a massive opportunity to the State Government for the creation of jobs and royalty revenue, and coal and coal seam gas are the jewels in the mining crown. CSG itself is forecasted to generate well over 18,000 jobs, increase gross state product by more than one percent, and provide royalty returns approaching $1 billion dollars per annum.

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