Why is Queensland on track to deliver a better set of numbers?

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16 November 17, 11:45am APPEA CEO Malcolm Roberts addresses the APPEA Taxation & Commercial Conference in Glenelg, South Australia today https://t.co/KwtNGbgnH7
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by APPEALtd
15 November 17, 9:14am IEA forecasts #natgas to increase its share of global energy mix in coming decades. Australian gas can boost energy… https://t.co/Sn2w2Egcgw
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by APPEALtd
9 November 17, 11:53am Qld Govt plans for future gas exploration block releases are positive. But gas industry remains concerned about the… https://t.co/lVscjIzC02
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by APPEALtd
8 November 17, 11:05am 3-month delay to NT fracking inquiry's final report threatens Territory jobs and investment #ntpol https://t.co/xTfUmIZgyq
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by APPEALtd

Imagine Queensland’s economy without 40,000 jobs and a $70 billion investment in natural gas projects.

It’s a scenario too depressing to think about.

Thankfully this week’s Queensland budget, handed down by Treasurer Tim Nicholls, shows the considerable value of growing a vibrant natural gas industry that creates jobs and encourages investment.

The following comment from the Treasurer is worth framing:

In 2015-16, the ramp up in LNG production is expected to underpin a surge in exports which, combined with an improved domestic economy, is forecast to boost economic growth to an 11-year high of around six per cent. This will be the highest in the nation.

(Budget speech June 3, 2014)

However, a sound economic future is by no means certain as rising productivity costs and increased competition from LNG suppliers overseas threatens future investment in our industry.

Congratulate the Treasurer on his recognition of the importance of natural gas to Qld.

Send a message

Regards,

Paul Fennelly

APPEA Chief Operating Officer, Eastern Australia

 


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