Wednesday, 5 June 2019
Members statements
Gold royalty
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Commencement
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Petitions
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Documents
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Members statements
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Statements on parliamentary committee reports
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Bills
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Questions without notice and ministers statements
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Constituency questions
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Matters of public importance
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Bills
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Adjournment
Gold royalty
Ms STALEY (Ripon) (09:37): The recent budget handed down by the Treasurer last week contains bad news for Ripon in a number of ways. I draw the attention of the house to two of those. The introduction of a gold tax is particularly problematic for the Stawell Gold Mine, and in fact the chief executive of Arete Capital Partners, the operator of that mine, said that he was ‘shocked and a bit stunned’ about the planned royalty rate since there had been no discussion whatsoever. He went on to say that:
This forces our investors to review everything, we are getting questions from abroad about what is going on and where this has come from.
Jobs in Stawell are hard to come by sometimes, and it is certainly hard to come by the quality of jobs at the Stawell Gold Mine. This mine was closed and has reopened, and now the Treasurer is putting a tax on this mine that calls into question those 160 jobs.