CONSTITUENCY QUESTION ON GOLD ROYALTY

My constituency question is for the Minister for Resources and concerns the gold royalty that was introduced in last week’s state budget, which will hurt local economies in Western Victoria Region.

The government has demonstrated once again its neglect for the prosperity and livelihood of regional communities by introducing a tax that punishes enterprise and aspiration.

Businesses and their employees will suffer significantly under this tax, especially when they are just making progress in this very tough and expensive area of exploration and extraction.

Castlemaine Goldfields in Ballarat directly employs 160 people and contracts another 70 to 80, and the general manager has said that the tax is 'a very real and present threat to our viability’.

My question to the minister is: what is she going to do to ensure her government does not crush this regional industry—that she should naturally be supporting as a regional MP—with a tax that punishes those who live, work and create employment outside the tram tracks of Melbourne?

4 June 2019