14.1

Progress

25%

Commenced.
Initial policy being developed.

That prior to the granting of any further production approvals, the Government designs and implements a full cost recovery system for the regulation of any onshore shale gas industry.

Target completion date

Stage 3.
To be completed by end December 2021.

Reform area
Ensuring accountable industry practice
Project action
Developing cost recovery arrangements
Lead agency
Department of Treasury and Finance

Action item update

Implementation progress

A discussion paper for consultation on the proposed cost recovery system is being prepared for consideration by Cabinet. Consultation with industry and key stakeholders will occur in 2021, and will inform the final system.