WA EIS future unclear

WESTERN Australia’s Mines Minister, Bill Johnston, has refused to rule out scrapping or suspending the Exploration Incentive Scheme when the latest A$10 million in funding runs out in 2019 as the government seeks to plug the $100 million per annum budget hole created by the defeat of the gold royalty increase.

WA EIS future unclear WA EIS future unclear WA EIS future unclear WA EIS future unclear WA EIS future unclear

While admitting he had a “dream portfolio” with the resources role, Johnston said the dire state of WA’s economy needed to be addressed, with state debt near record levels.