High cost of ‘green tape’ to economy

Original article by Annabel Hepworth
The Australian – Page: 19 : 18-Aug-14

A new study has been commissioned from BAEconomics by the Minerals Council of Australia. The special interest group will argue that the research shows so-called green tape will hold up developments that could otherwise add some 69,000 jobs to the economy by 2015, unless state and federal governments act to reduce the bureaucratic burden. The Department of Employment recently also forecast that 16,000-plus workers would be made redundant in the half-decade to 2018 in the areas of exploration as well as metal ore and coal mining, after 106,700 positions had been created in the previous five years

CORPORATES
MINERALS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF EMPLOYMENT, BAECONOMICS PTY LTD, ORIGIN ENERGY LIMITED – ASX ORG, BG GROUP PLC, QUEENSLAND GAS COMPANY LIMITED, AUSTRALIA. PRODUCTIVITY COMMISSION

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