THE Joint Standing Committee on Treaties has recommended that the Federal Government ratify the Regional Comprehensive Economic Partnership (RCEP) Agreement.

"RCEP is a significant achievement. Accounting for almost one-third of the world’s population and GDP, it is anticipated RCEP’s broad membership and simplified trading standards will facilitate growing supply-chain integration and closer regional economic integration," Committee chair Dave Sharma MP said.

"As a regional free trade agreement lead and centred around the Association of South East Asian Nations, RCEP also helps anchor and reinforce ASEAN’s leadership role in the development of regional norms and standards.

"RCEP will make it easier for Australian exporters to the region, providing a single set of rules and procedures to navigate."

In its report the committee also emphasised its concern about the military coup and human rights deterioration in Myanmar. The committee stressed the importance of continuing to pursue the restoration of civilian, democratic rule in Myanmar as a priority.

The report can be found on the Committee website, along with further information on the inquiry.

Other RCEP signatories include the 10 nations of ASEAN, China, Japan, the Republic of Korea and New Zealand.

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THE Indigenous Affairs Committee has today presented its report on Indigenous participation in employment and business.

The report makes recommendations to enhance Aboriginal and Torres Strait Islander participation in the Australian economy.

Chair of the committee, Julian Leeser MP, said, "One of Australia’s most important economic and social policy goals is to improve the economic participation of Aboriginal and Torres Strait Islander peoples. Having a job or running a business can be life changing.

"Witnesses told the committee during the inquiry that owning a business gives people greater freedom, choice and independence. It can provide pride, purpose, a legacy, and a sense of achievement. Many of those sentiments are also true about having a job," Mr Leeser said.

The report notes the great success of the Federal Government’s Indigenous Procurement Policy (IPP) but that improvements could still be made. These include performance measures that go beyond just the number and value of awarded contracts to include employment outcomes and skills transfers for Indigenous people, the use of company profits and the ability of business to attract commercial contracts.

Mr Leeser said, "As the IPP becomes an established part of the culture of Commonwealth agencies, it is important to ensure the policy continues to serve its purpose of driving economic development and employment."

The other central theme of this inquiry was the sustainable employment pathways for Aboriginal and Torres Strait Islander peoples, including a lack of access to relevant training, lack of culturally safe workplaces, a low availability of mentoring for young Indigenous job seekers, having a police record, and few long-term job opportunities.

The Federal Government currently has two major employment services available to Aboriginal and Torres Strait Islander jobseekers: Jobactive which covers most of the Australian population and the Community Development Program (CDP) in remote areas. In addition, Vocation Training and Employment Centres (VTEC) work with Jobactive and CDP providers to help match, mentor, and place longer-term unemployed jobseekers.

The committee noted that the government was changing its employment services policy for all Australian jobseekers with the New Employment Services Model to commence in July 2022. At the same time the government has announced a new remote jobs program to replace CDP in 2023, to be codesigned with Aboriginal and Torre Strait Islander communities.

The committee has made recommendations in relation to these new programs, including a national Indigenous Jobactive provider; greater collaboration and integration between Jobactive and VTEC; more incentives to place people into jobs long term; and better alignment with Jobactive and CDP activity requirements.

Mr Leeser emphasised the committee’s views in the report: "There should be more community leadership in the design of activities under CDP; and a focus not on welfare, but on part-time work for part-time pay given the realities of the thin labour markets in remote Australia. There should also be a focus on the development of locally generated entrepreneurial activity."

The report makes 17 recommendations to government and can be accessed and downloaded from the inquiry website.

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THE LATEST exploration data from the Australian Bureau of Statistics (ABS) is out, and it’s great news for Queensland.

The state’s total exploration expenditure for the past financial year has risen by 11 percent to reach $708 million, compared with $638 million in 2019-2020, which is Queensland’s strongest result since 2014-15.

Queensland Resources Council (QRC) chief executive Ian Macfarlane said very strong September and March quarters had more than made up for a slight drop in expenditure in the June quarter.

“These latest figures show our explorers have managed to continue to expand their exploration programs over the past 12 months in spite of Covid-19's impact on their ability to recruit skilled workers and source equipment from overseas and interstate,” he said.

“This demonstrates the continuing strength and ingenuity of the resources sector, which benefits every Queenslander in terms of job opportunities and our industry’s ongoing economic contribution to the state budget.”

The good news coming out of today’s ABS data continued, with Queensland petroleum exploration expenditure up 27 percent over the past financial year to reach $296 million.

Minerals exploration expenditure experienced a more modest rise, increasing by two percent year-on-year to reach $412 million.

Queensland Exploration Council (QEC) chair Kim Wainwright said the stand-out areas of exploration expenditure for Queensland minerals were gold, which experienced a 43 percent jump, and copper which rose 20 percent compared with 2019-20.

Selected base metals expenditure – which includes copper, silver, lead, zine, nickel and cobalt – was up 10 percent on 2019-20, although coal exploration expenditure fell by 20 percent.

Ms Wainwright said despite the fall in coal expenditure, the recent surge in metallurgical and thermal coal prices and a two percent increase in the June quarter exploration expenditure are signs of better news to come.

“The QEC looks forward to seeing stable growth in exploration expenditure in future quarters and this positivity reflected in our Exploration Scorecard Sentiment Survey, which will be released in December,” she said.

About QRC and QEC

The QRC is Queensland’s peak body for coal, metal and gas explorers, producers and suppliers across the resources sector. It contributes $1 in every $5 to the state economy, supports one in six Queensland jobs, supports more than 15,000 businesses and contributes to more than 1,200 community organisations – all from 0.1 percent of Queensland’s land mass. The QEC is the QRC's exploration arm.

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A NEW GLOBAL Water Report outlining how copper mines can embrace sustainable water use to help meet a carbon free future will be launched at South Australia’s Copper To The World Conference tomorrow.

Sponsored by copper miners Sandfire Resources and Anglo American, the International Copper Association Australia and the Global Copper Alliance, the report is part of the Zero Emission Copper Mine of the Future initiative to pursue carbon neutral innovation across the copper industry.

Copper mines are big users of water, but in a world facing increasing climate stress, reducing water use, maximising mine site recycling, and minimising waste water disposal are key challenges to achieving low emission mines.

The Water Report identifies six major areas for mines to tackle in both the short and long term — base line measurement, dewatering, desalination, operational water use, tailings and end use, and re-use.

It further outlines a comprehensive list of solutions, including 'off the shelf', emerging and 'next generation' innovations to make it happen.

While the copper industry is embracing change, the Water Report makes clear that many industrial processes have remained unchanged for decades, with innovation adoption posing a complex challenge. It provides nine pathways to achieve change, from company-centric to industry wide options like thematic collaboration, business models and innovation partnerships.

“Zero Emission Copper Mines will require fundamental changes in how energy and water are sourced and used,” ICAA CEO John Fennell said.

“Every copper producer now needs to create a long term water and decarbonisation strategy, but companies also need to see innovation as part of an industry wide approach….they can’t do it alone.”

The Water Report has already found support. Two water related demonstration projects — one by OZ Minerals in South Australia and the other led by the University of Adelaide — are currently underway, while the International Copper Alliance is also promoting the study to its members.

The Water Report is the first of five Roadmaps by the Zero Emission Copper Mine of the Future Project, with others on discovery, materials movement, mineral processing, and ventilation planned.

www.copper.com.au

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