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Minerals Council of Australia NT Division : Minerals Council Aust NT Div 2012
20 Minerals Council of Australia the good times. It's not a scheme that penalises people like Labor's social, wealth-distribution scheme. Labor's greater interest it to take from the mining boom and give little back to the industry. Their tax - is proof of this. Labor hasn't delivered the mining boom -- all it's done is pull out the calculator and work out how much they can take from your efforts, risk and money. What industry needs and has always needed is investment in infrastructure. While expansion of existing projects has gone ahead because of the mining boom, the only real NEW projects are the ones that have been driven by investment in infrastructure - like the north south railway. While the production of low volume, high value commodities should not be forgotten, the future of the Territory appears linked to high volume commodities, like iron ore, manganese and the oil and gas sector. To move this material needs a massive investment in infrastructure. If the Commonwealth want to take its share of your wealth through taxes, it must contribute to the building of much needed infrastructure. If I had a wish list, it would go something like this; I would have a rail link from Mt Isa to Tennant Creek; I'd have We make no discrimination on whether you're looking for gold or silver or uranium or lead or zinc or stone or sand. If the minerals can be found, it's up to you to find them and it's up to us to work together to find ways to benefit from those discoveries. Of course, we will help you, by maintaining the best data base of geological and mining information around. We want to give people the opportunity to develop new technologies, to innovate and create -- to add value to our minerals and give substance to our vision for processing and manufacturing. We encourage forward thinking and being responsive to changing markets; we encourage the flow of benefits to the miners, their shareholders, their communities, to the Territory - and of course we also encourage you to pay your fair share of tax!! But unlike Labor, the Country Liberals won't burden you with a high taxing regime. Labor's Minerals Resources Tax is still working its way through the Commonwealth Parliament -- you don't need me to tell you it is a handbrake on development. We make no bones about the fact we introduced a profits based royalty scheme almost 30 years ago -- but it's a scheme designed to support and encourage industry in the bad times as well as participate in port facilities that would open up the Gulf of Carpentaria to bulk materials. I'd have a real heavy industrial site and additional facilities in Darwin for the oil and gas industry. I'd have a gas pipeline to the Tanami and one that connects to the Kimberley. All that's some way off -- but whatwedohaveisafirmand clear vision for Indonesia and our near Asian neighbours -- to engage in business, exports, and education and health services. Work is already underway to restore the close ties we once had with Indonesia, under previous CLP governments. These ties will again be strong under my leadership. Companies that look to the Territory can be confident that government processes will be transparent and decision making consistent and timely. We will support initiatives by local communities and land councils to take greater control of their economic futures. We will always support the creation of job opportunities. We have an expectation of development that is sustainable and that means we will take into account unique environmental considerations when setting the parameters in which companies must operate. We are going to protect our natural heritage, our national parks and our unique flora and fauna. That is non-negotiable. But protection and utilisation can co-exist. Even the most pragmatic of individuals would recognise that we share this place with others and we are simply stewards for the future. The decisions we make now when manipulating our environment, for example; through the extraction of resources - must tread a path that allows for co-existence. The environmental challenges of the mining process are well known; the clearing of land, the loss of habitat, the use of ground water and the creation of wastes, are but a few. But now there's another significant challenge to mining -- and that's the looming Carbon Tax. The Carbon Tax is bad for Australia and terrible for the Territory. Because our atmosphere contains the emissions of every polluter in the world, it makes no sense to extract income from the Northern Territory if the end benefit is no improvement in air quality where the tax is paid. The Carbon tax is a tax on investment and it's a tax on jobs. It is a tax that Territory Labor supports -- it is a tax the Country Liberals DO NOT support Our focus though is on the Territory and on delivering good
Minerals Council NT 2013