14.9
Progress
Commenced.
Initial policy development underway.
That the Government considers whether a royalty payment scheme should be implemented to compensate Pastoral Lessees prior to any further production approvals being granted.
Target completion date
Stage 3.
To be completed by end December 2021.
Reform area
Maximising regional benefits and local opportunities
Project action
Ensuring Territorians benefit from royalties
Lead agency
Department of Treasury and Finance
Action item update
Implementation progress
Policy options and related issues are being developed for consideration by government in early 2021.