Review called into regulation of resources sector

The Australian Government is looking to streamline regulation in the resources sector through a 12-month review conducted by the Productivity Commission.

Australian Mining is reporting the review will look at best-practise examples of regulation that removes unnecessary costs for business while maintaining “sound oversight.”

This will include improving the efficiency of environmental approval to reduce regulatory burden on business, with the aim of ensuring resources projects are assessed “transparently and efficiently… while upholding robust environmental standards.”

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