QRC warns on complacency

QUEENSLAND cannot afford to be complacent with the international investment community remaining very concerned about policy volatility in Queensland, according to Queensland Resources Council CEO Ian Macfarlane.
QRC warns on complacency QRC warns on complacency QRC warns on complacency QRC warns on complacency QRC warns on complacency

Queensland Resources Council CEO Ian Macfarlane.

Lou Caruana

This is despite Queensland jumped up the global ladder to the fourth most appealing jurisdiction in mineral potential and into the top ten for investment in the annual Fraser Institute’s Survey of Mining Companies.

“The clear challenge in the year ahead is to try and deliver the policy certainty that investors expect,” Macfarlane said.

“A stable regulatory environment is the only way to see Queensland recognised as the best mining jurisdiction in the world.”

Macfarlane said Queensland could not afford to have policies chop and change all the time if it wanted to be recognised as the best resource jurisdiction in the world.

He said industry concerns about growing policy uncertainty were also a very strong message in last year’s QEC Exploration Scorecard and QRC’s most recent CEO Sentiment Survey.