Date post: | 06-Feb-2015 |
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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
www.dmp.wa.gov.au 2
The department’s role
www.dmp.wa.gov.au
WA’s resources industry
3
www.dmp.wa.gov.au 4
Value of WA’s resources industry
www.dmp.wa.gov.au
Role of the Pilbara
5
State
agreements
Employment
Royalties and taxes
Infrastructure
Community services
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
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
www.dmp.wa.gov.au
Changing community expectations
8
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
www.dmp.wa.gov.au
Shale and tight gas
10
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
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
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