COALITION TO UNLEASH NEXT GENERATION OF MINING PROJECTS

An elected Dutton Coalition Government will turbocharge the mining and resources sector by reinstating the Junior Minerals Exploration Incentive (JMEI), cut by Labor, with $100 million capped over four years.

There is no “Future made in Australia” without full support of our mining and resources sector. By supporting small explorers to unearth the next large-scale mineral deposit, the Coalition will not only drive innovation and investment, but also strengthen the foundation of Australia’s resources industry, securing long-term benefits for the economy, our regions and future generations.

The JMEI has a proven track record. Between 2017 and 2024, $182 million in credits to small explorers unlocked more than $1.1 billion in capital and drove $400 million in exploration spending that would not have happened otherwise.

The resources sector employs more than 300,000 Australians and pumps $45.5 billion in wages directly into the pockets of families across the country.

Labor has proven time and time again it cares more about winning inner-city Greens votes at the expense of WA and our regions, with policies and decisions which have undercut the resources and mining industries.

The government has slowed and blocked approvals for major projects like the North West Shelf in WA and the Blayney Gold Mine in NSW. Just this week, the Prime Minister committed to put his ‘nature positive’ laws back on the agenda, which is bad news for Australia’s prosperity.

Labor’s reckless overhaul of industrial relations laws, funding of environmental activists and excessive red and green tape has stifled competition, job creation and investment.

A Dutton Coalition Government will restore Australia’s reputation as a destination of choice for investment in the resources sector.

We will fast track approvals, by halving approval times, stop delays to crucial projects, support gas investment in strategic basins, open up new offshore acreage, elevate gas to the status of a critical mineral and defund the radical Environmental Defender’s Office.

Only the Coalition will strengthen our resources sector, strengthen our economy, and get Australia back on track.

Quotes attributable to the Hon Angus Taylor MP:

“Labor’s approach to the resources sector is an attack on jobs, investment, and the future prosperity of regional Australia.

“This tax incentive sends a clear signal that a Dutton-led Coalition Government will take decisive action to ensure that Australia remains an attractive destination for investment.

“It builds on the establishment of Investment Australia which will have a significant impact on our mining and resources sector by fast-tracking investment, not holding it back with bureaucracy.”

Quotes attributable to Senator Susan McDonald:

“Labor’s anti-investment, anti-productivity agenda is damaging our resources sector, our economy, and all Australians.

“The Coalition is committed to unlocking the next wave of mining projects – which will strengthen the resources sector and boost our economy – and that is why we are backing our resources exploration companies after Labor abandoned them.

“Only a Coalition Government will deliver the certainty, security, and investment that our resources sector needs, to strengthen our economy and get Australia back on track.”

ENDS