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 present new challenges for the sector. Future success relies on working smarter, safer, cleaner and more efficiently than our competitors.
National resources policy framework
The government’s vision is to have the world’s most advanced, innovative and successful resources sector. One that delivers sustained prosperity and social development for all Australians.
We’ve developed the National Resources Statement to support this vision. Our 5 key goals:
- deliver the most globally attractive and competitive investment destination for resources projects
- develop new resources, industries and markets
- invest in new technologies and approaches, especially to deliver better environmental outcomes
- create well-paid, secure jobs
- support communities to ensure they receive benefits from the development of Australian resources
This policy framework builds on the recommendations of the Resources 2030 Taskforce Report.
Australia’s Critical Minerals Strategy is a key part of this plan. It highlights the investment, innovation and infrastructure activities we are delivering to position Australia as a world leader in critical minerals.
We are also developing a National Hydrogen Strategy to build a clean, competitive and innovative hydrogen industry as a major global player by 2030.
Our role in supporting the resources sector
We develop policy, interventions and projects to:
- support sustainable development of the resources sector
- increase investment
- encourage innovative technologies
We promote the resources sector by:
See the full list of activities and strategies in our Corporate Plan under Resources.
Exchanging information and expertise
The 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 in Tokyo, Beijing and New Delhi. These representatives help strengthen our trade and investment relationships in their respective countries.
Connect with us
Follow us on Twitter @ResourcesGovAu