Recently, there has been growing concern that both ‘green tape’ and inefficiencies in regulatory approval processes are impacting on the ability to deliver projects in a timely manner.
Following the election of a new State Government in Queensland, a range of review and reform initiatives have been announced for the latter half of 2012.
Resources industry professionals could be forgiven for losing track of these reform initiatives. They include the:
- inquiry into the future and continued relevance of Government land tenure across Queensland by the State Development, Infrastructure and Industry Committee;
- review of the current Land Access Framework by the Department of Natural Resources and Mines;
- •introduction to parliament of the Greentape Reduction Bill 2011 (Qld);
- review of EIS triggers for mining and petroleum projects by the Department of Environment and Heritage Protection;
and for the LNG/CSG industry in particular:
- establishment of the Gasfields Commission (which will have force as a statutory body); and
- preparation of underground water impact reports for cumulative management by the Queensland Water Commission.
Most recently, the Agriculture, Resources and Environment Committee (“Committee”) released its paper: ‘Reducing regulatory burdens for Queensland’s agriculture and resource industries’. The Paper sets the stage for the Committee’s inquiry into reducing the multitude of regulatory requirements imposed on the agricultural and resource sectors. The Committee has invited submissions by Friday, 17 August 2012. A public hearing will be held in Brisbane on Wednesday, 19 September 2012, with the Committee’s report to the Legislative Assembly due on 30 November 2012.
Watch this space for further developments and impacts of the review processes for the resources industry.