Hon. Colin de Grussa asks about the potash royalty rebate scheme, including uptake, total rebates paid, and potential extension. The Minister confirms one company has accessed the scheme, $111,399.68 has been paid, and there are no plans to extend it beyond 2027.

AnsweredQoN 74Legislative Council
Asked
29 February 2024
Portfolio
Mines and Petroleum

QuestionView source ↗

POTASH ROYALTY REBATE
74. Hon COLIN de GRUSSA to the Leader of the House
representing the Minister for Mines and Petroleum:
I refer to the potash industry
royalty rebate scheme established in the 2022–23 state budget.
(1) How many
companies have accessed the scheme to date?
(2) What have
been the total rebates paid under the scheme since its establishment?
(3) Is there any
consideration to extend the scheme beyond the current cut-off for first sales
of 2027?

AnswerView source ↗

I thank the
honourable member for some notice of the question.
(1) It has been
accessed by one company.
(2) The total
rebates paid are $111 399.68.
(3) No.

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