Queensland

Queensland explores mining rehabilitation and financial assurance reforms

At a glance The Queensland Government has proposed broad policy and legislative reform in relation to financial assurance and mine rehabilitation with a view to improving rehabilitation performance, reducing reliance on the financial assurance system and clarifying mine rehabilitation requirements. … Continue reading

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Filed under Australia, Energy, Mining, Queensland, Regulation

Parliamentary Inquiry Report into FIFO and other long distance commuting work practices in regional Queensland released

On 9 October 2015 the Infrastructure, Planning and Natural Resources Committee released its “Parliamentary Inquiry report into FIFO and other long distance commuting work practices in regional Queensland” (Parliamentary Inquiry Report). Earlier this month, on 1 October 2015, the Government … Continue reading

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Filed under Mining, Queensland, State Government

Update – Innovative Resources Tenures Framework, Queensland

On 12 October 2015, Herbert Smith Freehills attended the Queensland Department of Natural Resources & Mines workshop on the Innovative Resources Tenures Framework in Brisbane.The purpose of the workshop was to discuss the Policy Position Paper, which was released in … Continue reading

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Filed under Mineral Resources, Mining, Queensland

Mining and petroleum tenure reform in Queensland

Material changes are proposed to the tenures under which minerals and petroleum are explored for in Queensland. The Department of Natural Resources and Mines recently released a policy position paper titled ‘Innovative resources tenures framework’ (Reform Policy). Consultation with the … Continue reading

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Filed under Mineral Resources, Mining, Queensland

Qld: Extension of termination date for the Queensland Rail 2008 undertaking

On 9 April 2015, Queensland Rail (QR) requested an extension to the termination date of the QR Network Access Undertaking (2008) June 2010 (2008 Access Undertaking) from the Queensland Competition Authority (QCA). QR has requested that the 2008 Access Undertaking … Continue reading

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Filed under Queensland, Queensland Rail, Rail

BCIPA Amendments

On 9 April Tim Mander, the Minister for Housing and Public Works, released a media statement on the proposed amendments to the Building and Construction Industry Payment Act 2004 (Qld) (Amendments). The Amendments are intended to improve the process of … Continue reading

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Filed under Building and Construction Industry Payments, Queensland

Qld: Government releases Galilee Basin Development Strategy

On 7 November 2013, the Queensland Premier, Campbell Newman, released the Galilee Basin Development Strategy (Strategy). The Strategy acknowledges the long-term economic benefits that opening up the Galilee Basin to mining would bring to Queensland and is designed to support … Continue reading

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Filed under Abbot Point, Coal, Mining, Mining Infrastructure, Queensland

Qld: Draft Qld Ports Strategy proposes to concentrate port development in QLD to 5 key port areas

The Queensland Government released its draft Ports Strategy on Thursday 17 October 2013. The draft Ports Strategy proposes to: declare that Brisbane, Mackay / Hay Point (in 2 separate zones), Gladstone, Townsville and Abbot Point ports will be the 5 … Continue reading

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Filed under Australia, Mineral Resources, Mining, Ports, Queensland

BCIPA – ‘construction work’ no longer applies to construction works on mining leases

The Queensland Supreme Court recently delivered a judgment indicating that the Building and Construction Industry Payments Act 2004 (Qld) (BCIPA) does not apply to ‘construction work’ carried out on land subject to a mining lease. The case of Agripower Australia … Continue reading

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Filed under Agripower, BCIPA, Building and Construction Industry Payments, Queensland

2013 Budget – Changes affecting the mining sector

The Federal Government’s 2013-2014 Budget (the Budget) contains a number of changes to existing tax rules some of which are expected to have adverse implications on the mining sector. Changes to accelerated tax depreciation arrangements The Federal Government announced immediate … Continue reading

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Filed under federal budget 2013, Mining, Mining Infrastructure, Mining Tax, Queensland, Queensland budget, Tax