The Queensland Resources Council has welcomed a record of more than 50 nominations for its 5th annual Indigenous Awards to be announced during Reconciliation Week on May 28.

Queensland Resources Council chief executive Ian Macfarlane said record nominations for the awards, to be presented over five categories, reflected the growth in Indigenous Australians working in the resources sector.

“As the Closing the Gap report found, the number of Indigenous Australians employed by the resources sector increased by 250 percent to almost 7000 in the years between 2006 and 2016,” Mr Macfarlane said. 

“Over the same period, the share of indigenous Queenslanders employed in our State’s resource sector increased from 3 percent to 4 percent.  This is a milestone for our sector.  We have reached employment parity with population.  Indigenous Queenslanders make up 4 percent of our population,” he said.

“The Queensland Resources Council Indigenous Awards are an excellent opportunity to recognise this growing contribution to the resources industry that is so important to Queensland.”

Mr Macfarlane said the awards recognised contribution across the sector, including encouraging Indigenous business participation in procurement, which was recently highlighted by Indigenous leader Warren Mundine.

Mr Mundine said: “If you look at the other mining industry companies, you are looking at a few billion dollars just in that industry alone. The other industries are a bit behind that but they are starting to catch up.”

The QRC Indigenous Awards for six categories will be announced on May 28.  The award categories are:

• Indigenous Advocacy Award recognises Indigenous or non-Indigenous individuals that have demonstrated outstanding effort to encourage, promote and advocate for increasing Indigenous participation within the resources sector.
• Exceptional Indigenous Person in Queensland Resources Award recognises exceptional achievement by an Indigenous person working with the Queensland resources sector in any occupation or profession.
• Exceptional Indigenous Business in Queensland Resources Award recognises exceptional achievement by an Indigenous business supplying the Queensland resources sector.
• Best Company Indigenous Procurement Initiative Award recognises companies that have developed and maintained strategies that enhance supplier diversity and support increased Indigenous business participation within resources sector supply chains.
• Best Company Indigenous Employment and Training Initiative Award recognises companies that have developed and maintained strategies that enhance the attraction and retention of Indigenous people in the Queensland resources sector.
• Exceptional Indigenous Queensland Minerals and Energy Academy Student Award recognises exceptional achievement by an Indigenous student at a QMEA school who has shown significant promise and passion for a career in the Queensland resources sector

www.qrc.org.au

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NEW JOBS in the Queensland resources sector advertised online have increased by 91 percent compared over the last 12 months, highlighting improved confidence and industry outlook, Queensland Resources Council chief executive Ian Macfarlane said.

Mr Macfarlane said online employment market SEEK found new jobs advertised in the mining, resources and energy sector had the highest growth in Queensland compared with 2017.

Kendra Banks, SEEK ANZ managing director said, “New job ads in Mining, Resources & Energy increased across all states with Queensland (91% year on year), Victoria (86% YoY) and New South Wales (62% YoY) driving growth in the sector.”

Mr Macfarlane said the Queensland resources industry supported one in every eight jobs – or 282,000 full-time equivalent jobs

“Improved prices and strong international demand is increasing confidence, investment, exports and mostly, jobs,” he said.

“Last financial year, direct full-time equivalent jobs in the resources sector grew by 12.7 percent to 38,150.”

Mr Macfarlane said there was renewed interest in careers in the resources sector.

“Mining company New Hope advertised for eight plant operator traineeships with two at its West Moreton operations near Rosewood and six at its New Acland operations. They received more than 300 applications in response,” he said.

The Queensland Resources Council is the peak representative body for Queensland’s resource industry. The Queensland resources industry provides one in every $6 dollars in the Queensland economy, sustains one in eight Queensland jobs, and supports more than 16,400 business across the State all from 0.1 percent of Queensland’s land mass.

www.qrc.org.au

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STATEMENT by Queensland Resources Council chief executive Ian Macfarlane on Aurizon: >>

"Aurizon chief executive officer Andrew Harding must explain why he ramped up the dispute with the Queensland Competition Authority (QCA) after Japanese steel makers raised concerns about his company’s actions to restrict the movement of metallurgical coal from central Queensland mines to export ports.

"The Courier-Mail report today that during Mr Harding’s visit to Japan last month that “questions had been raised by the powerful Japanese steel mills over the issue”, yet Aurizon initiated Supreme Court action against the Queensland Competition Authority four days later.

"This is the most reckless, anti-Queensland behaviour I have seen from a Queensland-based CEO, particularly from one that has a monopoly and is not prepared to work with its customers.

"When he was in Tokyo on 26 April, Mr Harding told Japan industry representatives that Aurizon was “seeking to engage directly with our customers and supply chain partners on the range of issues contained in the Draft Decision. We are working towards an outcome that is better aligned with the long-term interests of the Queensland coal industry and the economy more broadly.

"In fact, Mr Harding and Aurizon have failed to engage their customers – the coal-mining industry – and four days later (30 April), Mr Harding and Aurizon referred the matter to the Supreme Court of Queensland.

"The Queensland coal industry, the Queensland Government, Japanese steel makers, Aurizon staff and investors are all scratching their head about Mr Harding’s actions.

"Japan is Queensland’s second largest export market and it has been a key partner for our State’s resources industry for more than half a century – a key customer and investor.

"At a time when the industry and the Queensland Government is striving to increase exports and jobs, Aurizon is actively working against our efforts.  Aurizon and Andrew Harding are working against Queensland.

"At a time when the industry and the Queensland Government has urged Aurizon to respect the independent QCA processes, it has snubbed its nose at the regulator and introduced draconian measures to stifle industry and damage the Queensland economy.

"The loss of 20 million tonnes would reduce Queensland exports by up to $4 billion and cut royalties payable to the Queensland Government, to reinvest in infrastructure for all Queenslanders, by up to $500 million.

"Our company members are ready and willing to supply the metallurgical coal Japanese steel makers needs.  Aurizon’s decision to introduce new maintenance arrangements in the Central Queensland Coal Network, that it says will reduce movement of up to 20 million tonnes of coal per annum."

Background

In February, Aurizon announced it would change its maintenance program and that conceded this would impact on the movement of up to 20 million tonnes of coal each year.

Aurizon’s announcement followed the draft decision of the independent Queensland Competition Authority for the operation of the Central Queensland Coal Network.  The final decision is due by QCA at the end of the year.

Instead of waiting for the QCA’s final decision, Aurizon decided to cut train movements for coal.  The Blackwater system, which connects mines such as Rolleston and Minerva to Gladstone, including part of the North Coast Line between Parana and Rocklands, has already been severely impacted.

Link to Aurizon CEO Andrew Harding’s presentation to Coal Investment Seminar presented by Japan Oil, Gas and Metals National Corporation in Tokyo on 26 April

Aurizon announced on 30 April confirming it had referred the QCA Draft Determination to the Supreme Court of Queensland for Judicial Review.

www.qrc.org.au

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THE Institute of Public Accountants (IPA) is working with Minister Kelly O’Dwyer and the Treasury over the proposed change to the audit cycle of Self-managed Superannuation Funds (SMSFs).

“We need to understand the policy rationale for the proposal to move to three-year cycles for SMSF audits,” said IPA chief executive officer, Andrew Conway.

“How does reducing the audit cycle enhance regulatory oversight and transparency in the SMSF sector?

“We know, that now more than ever, in the financial services space, sunlight is the best disinfectant.  Without an annual SMSF auditor oversight, how will the regulator of the SMSF sector, monitor compliance?

“These issues go far beyond the impact on SMSF auditors and speak to the very confidence and transparency of the SMSF sector. 

“Arguments around compliance costs are myopic at best as trustees are likely to be required to have a three year audit at greater total cost than the current (12 month) review.  Will the unsubstantiated audit cost-saving be worth the significant risks such a measure introduces?” said Mr Conway.

www.publicaccountants.org.au

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