Skip to main content

Business News Releases

New record for Queensland LNG

NEW DATA reaffirms the resource sector’s importance to the Queensland economy with recordliquefied natural gas (LNG) exports from the Port of Gladstone totalling 20.58 million tonnes (mt) in 2018, according to the Queensland Resources Council (QRC).
 
QRC chief executive Ian Macfarlane said the data released by Gladstone Ports showed a new record which eclipsed the previous record set in 2017 (20.23 mt).
 
“Queensland’s LNG sector is forecast to continue its record export growth that is being driven by an energy hungry Asia.  China was again the largest customer buying nearly 14.25 mt followed by South Korea at 3.22 mt while Japan imported 1.6 mt,” Mr Macfarlane said.
 
“The world wants our commodities and over the 12 months Queensland LNG was exported to seven different countries - China, South Korea, Japan, Malaysia (0.88 mt), Singapore (0.47 mt), United Arab Emirates (0.06 mt) and the Philippines (0.06 mt). 
 
“China’s demand for our LNG in 2017 was 57 percent of total exports but last year it was 69 percent. According to the Office of the Chief Economist’s latest report, China plans to increase the share of gas in its energy mix from 7 percent to a range of 8–10 percent by 2020. 
 
“The same report found Australia had become the world’s largest single gas exporter, ahead of Qatar, and is on track for annual exports of 77 million tonnes. 
 
“LNG is likely to play a major role in servicing the rising Chinese gas demand with the country’s LNG imports forecast to reach 53 million tonnes or 73 billion cubic metres in 12 months.
 
“Resource exports help pay for Queenslanders’ everyday needs through royalty taxes, for the teachers that educate our children, the nurses and doctors who look after our health and the police force that keeps us safe.”
 
QRC’s current economic data shows the oil and gas industry delivered a $8.2 billion economic contribution in 2017/18 and supported more than 39,000 full time employees across the State and invested $3 billion with businesses locally and community organisations. 

www.qrc.org.au

ends

  • Created on .

Maritime Union: 'Morrison Government has dropped the ball on fuel security'

THE Maritime Union of Australia (MUA) has again drawn attention to "the Morrison Government’s stubborn refusal to act on fuel security after years of warnings" with new figures showing Australia now has just 22 days of petrol and 17 days of diesel at its disposal.

MUA national secretary Paddy Crumlin said Australia had been non-compliant with the International Energy Agency’s 90-day fuel stockholding obligation since March 2012 and "the Morrison Government has since ignored several key reports".

"For example, a National Energy Security Assessment was announced last April," Mr Crumlin said. "It was sparked by concerns over declining domestic production, diminishing refining capacity and concerns over potential flashpoints in the Middle East, South China Sea and Korean Peninsula.

"However, nothing has been done since then and a report in today’s Australian newspaper said the new figures have again sparked warnings from Coalition MPs and security experts that the nation is dangerously exposed if a major geopolitical upheaval disrupts existing supply routes."

The newspaper reported experts had also criticised a government move to spend more than $20 million buying supplies held offshore to bolster the national reserve, saying the move will do little to boost the resilience of the domestic fuel stockpile.

Mr Crumlin said a number of inquiries and reports in recent years had focused on the important issue of fuel security, including the MUA’s report titled Australia’s Fuel Security – Running on Empty in December last year, written by shipping expert John Francis.

“The Senate has held inquiries into both fuel security and tax avoiding flag-of-convenience shipping, while the Energy White Paper and Defence White Paper also investigated our increasing reliance on foreign fuel,” Mr Crumlin said.

“It’s doubling up on the government's initial policy negligence in allowing Australia to lose its refinery capacity of oil we own and is sourced in our country, and then allow tax avoidance and dodgy shipping governance to replace our domestic shipping capacity. No one has been at the wheel of energy security in Canberra for a very long time. It’s a joke with very few laughs for Australian jobs, economic independence and long term planning.

“In addition, the Running on Empty report found that Australia now relies on the equivalent of almost 60 full-time fuel import tankers to keep us supplied with petrol, diesel and jet fuel, which is now all carried on the international spot market, mainly from Korea, Singapore and Japan. 

“The report found Australia’s reliance on foreign flagged tankers removes any opportunity for the Commonwealth to be able to requisition national flag tankers if necessary to secure minimum import or coastal distribution requirements following major economic or geopolitical disruptions.

“The cost of addressing this risk is comparatively low: even carrying Australia’s entire import volume on a fleet of Australian tankers would cost less than one extra cent per litre.

“The Australian Government needs support as a matter of urgency a number of Australian tankers as part of a national strategic fleet to ensure that some level of supplies can be maintained in the event of a crisis.”

Mr Crumlin said there are now no Australian-crewed tankers supplying fuel to our nation, down from 12 in the year 2000. At the same time, the number of refineries has halved to four. This means Australia now imports more than 90 percent of its fuel and that number is rising.

“Australians would expect our government to have a better plan and this would involve more refining here and Australian-crewed ships to carry it around the coast,” Mr Crumlin said.

“This isn’t only a matter of fuel security but also national security. Unlike Australian seafarers, foreign crews have no background checks yet they are carrying petroleum products, ammonium nitrate and LNG around the Australian coast.”

www.mua.org.au

ends

 

  • Created on .

New year, new jobs in the Queensland resources sector

THE Queensland Resources Council (QRC) is urging jobseekers on the hunt for a new career in 2019 to consider the lucrative options in the resources sector.

QRC chief executive Ian Macfarlane said the Queensland resources sector had been one of the state’s most important job creators in 2018, creating new opportunities especially in regional areas.

“The new year is a time when many people reflect on their career. Anyone looking for a well-paid, rewarding and long-term job in 2019 need look no further than the resources sector,” Mr Macfarlane said.

“The opportunities are there for the taking. There are currently about 800 vacancies in the energy and resources sector advertised online.

“Those jobs are spread right across our state, from the far north, to the west, to the south east corner.

“Many of the jobs are in our regional communities like Townsville, Mackay, Rockhampton and Toowoomba, meaning there’s opportunities for people who want a rewarding career closer to their home town.

“We want to continue to deliver the benefits that power our state and put money in the bank for all Queenslanders. To do that, the resources sector needs more workers with all types of skills.

“The Queensland resources sector is a consistent performer for the state’s economy. The most recent ABS figures showed that for the November quarter, resources jobs were up 20 percent on the previous year.

“Continued investment in new resources projects and new exploration will be essential to help Queensland bring down its unemployment rate, which is currently the second highest in Australia.

“The resources sector will keep doing the heavy lifting for the Queensland economy, and will continue to deliver for all Queenslanders through $5 billion in royalty taxes and through regional investment.

“We look forward to welcoming new workers in the resources sector in 2019.”

www.qrc.org.au

ends

  • Created on .

The ARA is pleased to announce partnership with the HBIA

THE Australian Retailers Association (ARA) is pleased to announce its recent partnership with the Hair and Beauty Industry Association (HBIA).

The alliance between the two associations has commenced to strengthen the relationship between the retail, and hair and beauty services sectors.

With operations spanning over 85 years, the HBIA is the peak consultative body for the hairdressing and beauty industry. Representing a $5 billion-dollar sector that employs over 84,871 specialists across the country, the HBIA advocates on behalf of members at State and Federal Government levels and the association is a major supporter of training boards.

Russell Zimmerman, executive director of the ARA, said the affiliation between the two associations would lead to many prosperous ventures for their respective memberships and assist in propelling both industries into the future.

“This is an exciting opportunity for both the ARA and the HBIA to enhance support for all members and add further value to the current services provided to ARA and  HBIA members,” Mr Zimmerman said.

“As the ARA is Australia’s largest retail association, representing the country’s $310 billion-dollar sector, which employs more than 1.2 million people, we believe this partnership will be highly beneficial for both ARA and HBIA members and will lead both associations into new and exciting areas.”

The partnership will bring together both associations to provide HBIA members with enhanced information on employment law and compliance, as well as providing additional training and support for members with dedicated HBIA advice hotlines, member e-newsletters, and online resources including fact sheets and wage rates.

Andrew Woodward, president of the HBIA, believes this affiliation with the ARA will assist the association in amplifying the industry’s voice, as they continue to advocate on issues that affect HBIA members.

“The partnership between the HBIA and the ARA will ensure that the HBIA has a stronger voice and lobbying ability with government on the matters that are of importance to the industry,” Mr Woodward said. 

“This new relationship will provide HBIA members with greater resources, services and value for their membership spend. The additional benefits which are now available to HBIA members are simply not available elsewhere.”

The HBIA currently offers a range of seminars and workshops that focus on key industry issues from training to employment matters. The HBIA will continue to play a pivotal role in handling training providers, product companies, salon operators, government bodies and the union to ensure the interests of the industry remain at the forefront of all negotiations.

“The partnership between the ARA and the HBIA will exist to advance the hair and beauty industry by advocating and lobbying on behalf of members, and encouraging additional provisions where required,” Mr Zimmerman said.

“The ARA will continue to be a proactive supporter of Australian retail through ensuring retail success by informing, protecting and educating our members. The ARA welcomes the HBIA and its members and looks forward to seeing what’s in store for the future.”


About the Australian Retailers Association

Founded in 1903, the Australian Retailers Association (ARA) is Australia’s largest retail association, representing the country’s $310 billion sector, which employs more than 1.2 million people. As Australia’s leading retail peak industry body, the ARA is a strong pro-active advocate for Australian retail and works to ensure retail success by informing, protecting, advocating, educating and saving money for its 7,500 independent and national retail members throughout Australia. For more information, visit www.retail.org.au or call 1300 368 041.

ends

  • Created on .

QRC and CFMEU make joint submission against Greens' coal ban Bill

THE Queensland Resources Council (QRC) and the Queensland Mining and Energy Division of the CFMEU have made a joint submission to reject a Greens’ bill to ban coal mining in the Galilee Basin.

QRC chief executive Ian Macfarlane said the Galilee Basin (Coal Prohibition Bill) in the Federal Senate would cost jobs and would fail to have any impact on global demand for thermal coal.

“This Bill doesn’t stack up. It would be little more than an act of self-sabotage which would cost Queenslanders their jobs for no reason and for no reduction in the global use of coal,” Mr Macfarlane said.

“The global demand for coal is strong, and coal is forecast to remain at about 40 percent of total power generation in the Asia Pacific by the year 2040 under a scenario modelled by the International Energy Agency.

“If the Greens’ bid to ban coal in Queensland was successful that would simply mean the demand for coal would be met from other countries with lower quality coal, which would in turn lead to higher emissions.

“At the same time, a ban on coal mines in the Galilee Basin would come at the loss of an enormous economic opportunity for Central and North Queensland.

“Figures from the Office of the Chief Economist in Canberra show that if the six major coal projects in the Galilee Basin were to proceed that would support 18,275 jobs in construction.

“On top of that QRC estimates that even if just a quarter of the coal capacity in the Galilee was developed that would add up to $290 million in royalty taxes paid to the Queensland Government each year.

“The Queensland resources industry is responsible and advanced and makes best use of planning and technology to ensure long-term sustainability for the environment.

“The Greens’ Bill wants Queenslanders to give up our jobs and to give up on the economic prosperity of our state.

“This sort of anti-mining and anti-jobs talk is not surprising from the Greens. But the Queensland Resources Council is calling on both the Coalition and the ALP to clearly reject this Bill.”

CLICK HERE for the QRC/CFMEU submission.

ends

  • Created on .