The Australian Government’s intentions to become a ‘one-stop shop’ to aid the continued development of the country’s energy and resources industry has been welcomed by key oil and gas producer BHP Billiton.
Minister for industry Ian Macfarlane, who took over the role following last month’s federal election, outlined these plans during a speech at the Australian National Conference of Resources and Energy (ANCRE) in Canberra on Thursday.
Macfarlane described the newly created department of industry as a “one-stop shop” for several sectors in Australia, including oil and gas. He urged government and industry to now “work together collectively” and turn Australia into an energy and resources superpower.
“We want to make sure we lock in what we have worked so hard to achieve and seize the opportunities that are still out there,” Macfarlane said in his speech.
“I want to tell the rest of the world that we are open for business.”
BHP Billiton president of HSEC, marketing and technology Mike Henry, who also presented at ANCRE, applauded the aspirations of Macfarlane.
Henry said there was a significant opportunity for Australia to streamline its regulatory burden duplication, particularly in terms of environmental and major project approvals.
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