Continuing resources exploration key to long term growth

The Queensland Resources Council (QRC) said exploration potential within the state must be developed with new incentives, given the importance of the resources sector to our state and national economy as reflected in key economic data this week.

Figures this week have underlined the importance of the resources sector to our economy, including the first current account surplus since 1975 largely due to demand for our world-class resources exports, and GDP figures showing mining is a bright spot for economic growth.

“That economic snapshot shows just how important our resources sector is to all Queenslanders and all Australians,” QRC Chief Executive Ian Macfarlane said.

“Queensland is already doing plenty of the heavy lifting to contribute to national returns with our exports of coal and gas.

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