Hon Neil Thomson questions the Treasurer on the government's ability to protect jobs and maintain WA's battery metals powerhouse status following Nickel West's closure announcement, and inquires about adjustments to forward estimates due to reduced nickel royalties and other tax revenue.

AnsweredQoN 865Legislative Council
Asked
14 August 2024
Portfolio
minister representing the Treasurer

QuestionView source ↗

CRITICAL MINERALS PROJECTS — NICKEL WEST
865. Hon NEIL THOMSON to the minister representing the
Treasurer:
I refer to the Treasurer's
joint press release with the Premier and Minister for Mines and Petroleum on 17
February claiming that royalty relief for the nickel industry would protect
local jobs and ensure that WA remains a battery metals powerhouse.
(1) Considering
the announcement by Nickel West to close its refining and smelting operations
in Western Australia and the estimated 10 000 industry-wide job losses, how
will the government deliver on the promise it made only six months ago to
protect local jobs and ensure that WA remains a battery metals powerhouse?
(2) Has the
Treasurer adjusted the forward estimates to remove nickel royalties from the
future projected revenue streams?
(3) Has the
Treasurer adjusted the forward estimates in any other way as a result of the
BHP decision—for example, for payroll tax or other tax revenue?
(4) If yes to (2) and (3), what are
the amounts for each of the out years?

AnswerView source ↗

I thank the honourable member for
some notice of the question.
(1) Critical minerals are a key to Western Australia's
economic diversification. The government will continue to work to
position the state as a global leader in downstream processing.
(2)–(4) Any
required adjustments will be made in the Government mid-year financial
projections statement .

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