Mining, oil and gas

Australia’s resources sector, a strong economic performer.

Our resources, mining, equipment, technology and services sectors are some of Australia’s strongest economic performers.

They generate more than half of Australia’s goods exports and provide significant opportunities including:

  • economic wealth
  • jobs and high wages
  • Investment and tax revenues
  • high-quality reserves of several mineral and energy commodities
  • a skilled, experienced workforce
  • innovative technologies
  • best practice regulations and operations that bolster business and encourage investment.

Social, economic and technological transformation presents new challenges for the sector. Future success relies on working smarter, safer, cleaner and more efficiently than our competitors.

Supporting a strong resources sector

We develop policy, programs and regulations to:

  • support sustainable development of the resources sector
  • increase investment
  • encourage innovative, clean energy and low-emissions technologies
  • support the transition to net zero.

Minerals

We are committed to growing Australia's role as a reliable, sustainable and globally competitive supplier of energy and mineral exports.

Oil and gas

We develop policy, regulations and interventions to support Australia’s oil and gas industry and supply.

Offshore greenhouse gas storage

We regulate greenhouse gas (GHG) storage in Australian Commonwealth waters.

Taxes, royalties and export controls on minerals and petroleum

Companies that extract mineral and petroleum resources must pay taxes and royalties. Minerals exporters must meet requirements.

Free trade agreements

We represent and advocate for industry and the resources sector by negotiating and implementing free trade agreements.

METS Industry Growth Centre

The METS growth centre works with Australian mining industry suppliers, global miners, researchers and capital providers to improve competitiveness and productivity of the sector.

Supporting net zero transformation

We’re helping to ensure the resources sector contributes to our international decarbonisation commitments.

Planning for gas to 2050

The Future Gas Strategy outlines the Australian Government’s medium and long-term plan for gas supply, demand and emissions reduction.

Resources Methane Abatement Fund

This program advances new technologies that reduce and remove methane gas from Australia’s coal and gas industry.

Greenhouse gas storage exploration

The GHG acreage release ensures companies explore offshore carbon capture and storage opportunities in a structured, transparent and well-regulated way.

Participating in forums

The Australian Government participates in a number of intergovernmental initiatives and forums to exchange information and expertise. 

We regularly consult with Australia’s major trading partners, industry and stakeholders to help identify commercial opportunities for Australian businesses and encourage trade and investment. We also have resources-focused counsellors overseas. These representatives help strengthen our trade and investment relationships in their host countries.

Latest news

Silhouette of oil platform at sunset

NOPTA’s draft 2024 Cost Recovery Implementation Statement: have your say

The National Offshore Petroleum Titles Administrator (NOPTA) is seeking feedback from industry stakeholders. Consultation closes 7 June 2024.
Decorative image.

Draft guidance on removing oil and gas property and infrastructure from Commonwealth waters: have your say

We’re seeking feedback on draft guidance to support offshore oil and gas industry to plan for decommissioning. Submissions close 19 July 2024.
Photo of critical minerals
Critical Minerals Office

Investments to capitalise on Australia’s critical minerals and the global clean energy transition

As part of the 2024-25 May Budget, the Australian Government announced it will invest in a range of measures to secure our critical minerals processing industries.
Illustration shows map of Australia with hotspots.

Investments to map Australian resources that will power our future prosperity

As part of the 2024-25 May Budget, the Australian Government announced it will fund Geoscience Australia to accelerate the discovery of critical minerals, ground water and other resources…
Budget 2024-25

Announcing the 2024–25 May Budget

The 2024–25 Budget includes measures to secure Australian industry, science and resources. Read an overview of our portfolio’s commitments.

Data and advice from our portfolio agencies

Geoscience Australia

Applying geoscience to Australia's most important challenges.

CSIRO

Supporting Australia’s mining and resources industry through innovative science and technology.