STUART GRIMLEY MP

Member for Western Victoria
Derryn Hinch’s Justice Party

Gold Royalty Constituency Question



Mr GRIMLEY (Western Victoria) (12:55): My question is to the Minister for Resources. Western Victoria is major contributor to the state’s economy, hosting major tourist destinations, farms and mines. Since the announcement of a gold royalty in the 2019–20 state budget, I have had many local miners contact me to express concern about the unintended economic and social costs associated with a 2.75 per cent gold royalty. Stephen Jeffers operates the Ballarat goldmine, which supports nearly 260 local jobs, and acknowledges that mining revenues should be shared by all Victorians. However, the lack of consultation in forming the gold royalty has shocked the local industry and killed off investor certainty. My question to the minister is: who was consulted in the process of creating a gold royalty and how was a rate of 2.75 per cent decided upon?


STUART GRIMLEY MP

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