MCA backs Victorian plan to direct mineral royalties to regions
The Minerals Council of Australia welcomed a Victorian government plan to direct all mineral royalties to regional Victoria.
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The Victorian division of the Minerals Council of Australia said in a statement published on 11 October that it supported the state government’s plan to direct all mineral royalties to regional Victoria. ABC News also reported that Premier Ben Carroll had pledged the policy if re-elected. The plan was presented as an election commitment dependent on the result.
The council said around $150 million in royalties is currently paid in Victoria and argued that reinvesting the revenue in regional areas could support infrastructure. Its statement does not specify the currency or period covered. The estimate is the council’s claim, not an independently confirmed government account.
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Regional mineral royalties plan
MCA statement on the regional mineral royalties plan.
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Victoria plan to direct mineral royalties to regions
MCA supported the plan. ABC News described it as Premier Ben Carroll’s election pledge if re-elected.
Methodology
MCA’s policy response. Implementation is not independently confirmed; the approximate $150 million estimate is MCA’s, with currency and period unspecified.
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Subjects and places
Subject proposals
- Government budgetSuggested
- Preserved editorial category/topic; broad candidate onlyminerals.org.au ↗www.abc.net.au ↗
- Metal and mineral mining and refiningSuggested
- Subject suggested from the title or summary: mineralminerals.org.au ↗www.abc.net.au ↗
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- Australia · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredminerals.org.au ↗www.abc.net.au ↗