Introduction
The Queensland resources sector is set to face one of the
largest legislative reforms in its history.
Driven by the streamlining approvals project and an election
undertaking to reduce red tape by 20%, the Queensland Government
has proposed to reform its legislative framework for the resources
sector by consolidating five resources Acts into one, the
'Common Resources Act'.
In consultations with industry and key stakeholders, including a
briefing to Norton Rose clients on 16 April, the Queensland
Department of Natural Resources and Mines
(Department) has proposed a staged reform process
to take place over the next few years. This update discusses the
legislative reforms proposed by the Queensland Government and some
of the preliminary concerns raised by the industry. While there is
cautious support from industry for the reform, it is conditional
upon the Government adhering to the following key principles:
