michelle andrews - dept of mines & petroleum - opportunities and challenges in australia’s...
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Michelle Andrews delivered the presentation at the 2014 Mining the Pilbara Conference. The 2014 Mining the Pilbara Conference explored current projects and regulatory updates in the Pilbara region. For more information about the event, please visit: http://www.informa.com.au/pilbaramining14TRANSCRIPT
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www.dmp.wa.gov.au
Department of Mines and Petroleum
Deputy Director General – Michelle Andrews
1
Mining the Pilbara
10 July 2014
Opportunities and Challenges
in Australia’s West
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www.dmp.wa.gov.au 2
The department’s role
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www.dmp.wa.gov.au
WA’s resources industry
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www.dmp.wa.gov.au 4
Value of WA’s resources industry
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www.dmp.wa.gov.au
Role of the Pilbara
5
State
agreements
Employment
Royalties and taxes
Infrastructure
Community services
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www.dmp.wa.gov.au
WA State Government revenue
6
2004-05 Revenue:
• Royalties 8%
• Other State Revenue 45%
• Commonwealth 47%
2014-15 Revenue:
• Royalties 22%
• Other State Revenue 48%
• Commonwealth 30%
2004-05
2014-15
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www.dmp.wa.gov.au
Benchmarking WA
7
Since 2008, WA has steadily improved its
ranking across a number of measures:
In 2013 we ranked:
• 6th Policy Perception1
• 1st Investment Attractiveness1
• 5th Business Environment2
1 – 2013 Fraser Institute Survey of Mining Companies
2 – 2014 Economist Intelligence Unit
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www.dmp.wa.gov.au
Changing community expectations
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www.dmp.wa.gov.au
Royalties
9
• Fair return to the
community - 10%
• Three tier system
recognises level of
processing - 7.5%
5% 2.5%
• Stability important
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www.dmp.wa.gov.au
Shale and tight gas
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www.dmp.wa.gov.au 11
Community aspirations for the Pilbara
The State
Government is
supporting
sustainable
regional
development
State Offshore
Petroleum
Pilbara
Other
Federal Offshore
Petroleum
Peel
Mid West
Wheatbelt
Goldfields-
Esperance
Value of resources by region 2013
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www.dmp.wa.gov.au
DMP contributing to sustainable regional
development
12
Continued collaboration
between industry, government
and the community is key in
producing good policy and
realising the potential of WA’s
resources industry
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www.dmp.wa.gov.au
Summary
13
The Western Australian
Department of Mines and
Petroleum offers detailed
information on its website
Log onto:
www.dmp.wa.gov.au