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Calls to tender for further coal seam gas exploration acreage opened by Qld Government

NATURAL Resources, Mines and Energy Minister Anthony Lynham has announced the Queensland Government has opened up for exploration a further 6,600 square kilometres of land with coal seam gas potential.

Tenders are open until February 28, 2019, for companies to bid on the right to explore the land in Southern Queensland, west of Chinchilla in the Bowen and Surat basins, according to Cooper Grace Ward Lawyers special counsel Andrew Corkhill.

"The 6,636sqkm release is made up of 10 areas and junior, mid-tier and new entrant explorers are invited to apply, via competitive cash tender, for the right to explore for petroleum and gas in the established basins," Mr Corkhill said.

"Two areas, totalling 917sqkm, will be subject to provisions to ensure the gas produced from these areas is supplied exclusively to the domestic market.

"Dr Lynham has described the land as ‘perfectly placed for companies wanting to hit the ground running’, given the Bowen and Surat basins are already supported by extensive pipeline and transport infrastructure.

"The Queensland Government has called for companies that have adequate financial capabilities and the right skills to explore, develop and take these resources to the market."

www.cgw.com.au

 Source: Department of Natural Resources, Mines and Energy

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Pro Bono Australia launches 2019 Salary Survey

PRO BONO Australia has launched the call for responses for its seventh annual Salary Survey. 

The survey acts as a source of vital benchmarking data for key roles within the social sector, as well as executive and manager remuneration comparisons, professional development trends and remuneration policies implemented by organisations across the social sector. 

This year’s salary survey aims to collect insights into remuneration trends, employee engagement and workplace benefits, including salary sacrificing and superannuation contributions. 

Pro Bono Australia CEO and founder, Karen Mahlab said that the annual Salary Survey has become a trusted piece of Australia's social sector infrastructure by providing critical information to guide boards, management and individuals who want to be paid, and pay fairly. 

“We are calling again for the not-for-profit sector to participate in this seven-minute survey. The survey is the largest and most comprehensive remuneration report of its kind, providing extensive and practical information on selecting appropriate benchmarks and building a remuneration framework for Australia’s not-for-profit sector.” Mahlab said. 

“We thank all those who have trusted us with their information in the past and encourage those who haven’t to fill out this short survey for our common benefit.” 

Kim Kelloway, HLB Mann Judd head of clients and markets, said they were proud to partner Pro Bono Australia Salary Survey for the fifth consecutive year. As specialised not for profit advisers, HLB Mann Judd collaborates with organisations to make an impact and advance their mission. 

HESTA is a national industry super fund dedicated to health and community services and has been for more than 31 years. HESTA has more than 860,000 members and $60 billion in assets, and joins Pro Bono Australia to help deliver a comprehensive salary survey. 

Beveridge Consulting, which partners with organisations to drive business results through workshops, conference sessions, remuneration consulting and candidate assessment, will again provide the rigorous survey analysis and compilation. 

Participants who complete the survey will have access to 50 percent off the report upon its release in April, and will also go in the draw to receive $500 to be donated by Pro Bono Australia to the charity of their choice. 

The salary survey results will be published in April 2019. All responses will be kept strictly confidential. 

The survey can be found online at https://www.surveymonkey.com/r/TWDYQPB.  

All not-for-profit employees are urged to contribute. 

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Queensland's coal exports claim top spot with 22 wins on the trot: QRC

QUEENSLAND's coal exports have been the star performer for the state’s exports over the last two years, taking the title as Queensland’s most valuable export earner.

Queensland Resources Council chief executive Ian Macfarlane said coal exports had been consistently delivering for the state in a run that stretches back to December 2016.

“Queensland’s coal industry is our economic powerhouse. And its run at the top dates back to December 2016. Every single month since then, coal has recorded the largest increase in value for Queensland commodity exports,” Mr Macfarlane said.

“That’s 22 months back-to-back in which the coal industry has taken gold for all Queenslanders.

“And that’s money in the bank for the State Government and for the people of Queensland.

“The most recent stats from the ABS show coal was worth $34.3 billion dollars to Queensland for the year through to September," he said.

“Our coal exports are on track to deliver a huge windfall for the State Government. Coal royalties are already forecast to be a record $3.76 billion dollars. The Palaszczuk Government’s budget is banking on total royalties from minerals and LNG to reach $4.32 billion. But on current figures, they’ll be even higher.”

The Queensland budget assumed thermal coal prices for this financial year to be US$89 a tonne. The latest thermal coal spot price was $US100 a tonne. Similarly, the budget assumes a coking coal price of US$161 a tonne, but the most recent trading value was US$225 a tonne.

“The consistent returns from the Queensland resources industry fund schools, roads and hospitals, and are particularly important at a time when rural exports have hit a rough patch,” Mr Macfarlane said.

“On top of this record return for Queenslanders, there are about 300,000 people who work in the resources sector, either directly or in associated industries.

“It is essential that we have stable and reliable regulation for our resources sector to continue to attract the investment that builds our state and delivers for every Queenslander.”

www.qrc.org.au

 

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QRC congratulates Peabody on 20-year milestone

THE Queensland Resources Council (QRC) has congratulated Peabody Australia after its central Queensland Coppabella Mine celebrated 20 years of operations "while supporting jobs and paying royalties to all Queenslanders".

QRC chief executive Ian Macfarlane said the Bowen Basin mine has been a significant economic contributor across the region producing around 65 million tonnes of pulverized coal injection (PCI) used in the production of steel.

“Mining is what makes our state great and Coppabella has been a major contributor to Queensland’s economy since it opened in 1998, last year it supported 435 jobs,” Mr Macfarlane said.

“Coppabella has exported coal to Japan, Korea and Taiwan paying royalties to the State Government which are used to build the schools and hospitals. That is good news for every town and community that relies on mining – from Mount Isa to Maroochydore. 

“The good news is, the resources industry is still creating jobs for people now, and for decades to come.

“Queensland would be an unimaginably different place without the huge scale of mining investment over the past 25 years and in the past 12 months the Queensland resources industry has added 10, 000 new jobs – or a new job every 40 minutes, invested $1 million every hour and exported $1 billion every week."

According to the QRC, the Queensland resources sector now provides one in every six dollars in the Queensland economy, sustains one in eight Queensland jobs, and supports more than 16,400 businesses across the State – all from 0.1 percent of Queensland's land mass.

www.qrc.org.au

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Mining inquiry heads to the Hunter Valley

THE Industry, Innovation, Science and Resources Committee will hold a public hearing in Singleton in the Hunter Valley on Monday, November 5, 2018 as part of its inquiry into mining sector support for regional businesses.

The Committee will meet with a diverse group of academics, community groups, local government members and business owners to discuss ways the mining industry can contribute more to the communities where resources are extracted. 

Mining company Glencore, which is headquartered in the Hunter Valley, will also give evidence.

“We’re heading into the final stages of the Inquiry, so we’re really going to be pushing for answers to the big questions that have come up,” said Committee Chair, Barnaby Joyce MP. 

“Questions around fair payment terms and contract provisions, local employment and apprenticeships, and whether mining companies are giving enough back to the regions.”

Public hearing details: 9:55am to 2pm, Monday, 5 November 2018, Singleton Diggers, York Street, Singleton.

The hearing will be broadcast live at aph.gov.au/live 

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