https://www.xxzza1.com
23.3 C
Newcastle

NSW Minerals Council welcomes Resources for Regions commitment

SHARE

It’s raining money in the Upper Hunter, thanks primarily to this weekend’s crucial by-election in the region.

But, it will also be dependent on who actually wins the state seat on 22 May, made vacant after Michael Johnsen’s sudden resignation.

On Sunday, McCullys Gap-based candidate Jeff Drayton stated a Labor Government would overhaul the Resources for Regions program to return at least $100 million of mining royalties back to the communities that support the industry.

“We need to make sure the Upper Hunter receives its fair share, especially with the huge contribution the local area makes to the NSW economy,” he said.

“This money will go into fixing our roads and building infrastructure that can create jobs.”

Twenty-four hours later, NSW Deputy Premier John Barilaro said round eight of the initiative would provide $75 million of additional funding.

The announcement was welcomed by NSW Minerals Council CEO Stephen Galilee.

“It’s a significant increase on the previous Resources for Regions handout and will be welcomed by NSW mining communities,” he explained.

“The preceding round delivered $50 million for 84 projects across the state, assisting with local infrastructure, the creation of local jobs and building stronger local economies. 

“With 149 projects and $345 million delivered since the program’s inception in 2012, it’s good to see the NSW Government will continue to drive this important investment in mining regions.”

Mr Galilee said mining was an essential industry for NSW, particularly in the Hunter.

“Our survey data shows our member companies injected $6.2 billion in direct spending into the Hunter region last financial year, contributing about 28% of the Gross Regional Product of the Hunter economy in 2019-20,” he added.

“The sector also provides approximately 40,000 direct jobs and supports tens of thousands more jobs in around 7000 mining supplier businesses across the state.

“We will continue to work with the NSW Government and mining-related councils to ensure these funds are provided for projects that improve quality of life for mining communities.”

A total of 13 candidates will vie for the Upper Hunter seat on Saturday, including numerous Independent representatives, ensuring a very close battle for supremacy.

For more news stories:

More Stories

Newcastle Weekly

Subscribe To Our Newsletter

Subscribe to Newcastle Weekly. News, Community, Lifestyle, Property delivered direct to your inbox! 100% Local, 100% Free.

You have Successfully Subscribed!