Statement by QRC Chief Executive Ian Macfarlane on Native Title Amendment
16 February 2017
The Queensland Resources Council congratulates the Turnbull Government on its urgent response to the current problem with Native Title laws and the subsequent passing of the Native Title Amendment (Indigenous Land Use Agreements) Bill 2017 through the House of Representatives today.
These measures are urgently needed to ensure security of agreements that are currently in place, and those struck in the future. And to reverse the February 1 ruling of the Federal Court in Western Australia that would have left current ILUAs void.
That scenario would also mean future ILUAs could be at risk, which creates a massive strain on our country’s sovereign risk profile and makes foreign investors extremely nervous. In addition, the urgent changes will ensure the current social and economic benefits enjoyed by Indigenous people who have ILUAs, remain in place.
I call on all politicians from all sides of politics to raise up above politics and work to continue to push the amendments through the Senate, otherwise, if the Bill does not pass, it has the potential to affect hundreds of mining leases in Queensland and cost thousands of jobs.
It’s imperative Canberra works together to solve this matter as soon as possible.
Media contact: Angela Harper 0414 712605