Tag: Keith Pitt

Latest national accounts figures have again revealed how important the resources sector is to the Australian economy through the global coronavirus pandemic. Resources, Water and Northern Australia Minister Keith Pitt said the industry is proving more than resilient. “The mining industry bucked the national trend to see a 0.2% increase in output during the June quarter, which is also a 1.1% rise on the same period last year,” he said. “Encouragingly, mining investment also rose by 1.3% on the previous quarter, and up by almost 8% on the previous year, which is a good indication of the confidence in the Australian resources sector, despite the impact of COVID-19. “It continues to directly employ more than 200,000 Australians and supports the...

RESOURCES Minister Keith Pitt has welcomed the long term commitment by some of Australia’s largest mining and upstream petroleum companies to major resources projects, despite the major economic disruption caused by the COVID-19 pandemic. “I understand the extremely difficult situation facing companies and workers across the economy including in the resources and energy sector,” he said. “Any project delays are deeply regrettable and any people losing their jobs in the short term is something the Government is working hard to avoid and minimise – be that direct employees or the numerous contractors and sub-contractors that work in this sector. “We simply can’t afford to lose the skills and knowledge that these workers bring to the country. “The next few months...