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With the recent budget update in Queensland and large projects such as Adani’s Carmichael Coal mine poised to start, it’s timely to take stock of the importance of the resources industry to the state. According to Queensland Resources Council (QRC) industry data, gathered from its full-member companies (those who are in production), one in every eight jobs and one in every $5 spent in Queensland is directly related to the mining and resources industry.  The QRC estimates the industry supports some 14,200 businesses and direct expenditure data indicates the contribution of mining and resources companies to the Queensland economy in 2017/2018

WA had reason to be pleased after the GST reform package cleared the Senate recently but one big question still remains: did it have to take so long? And, building on that query, would the previous GST system have been overhauled more quickly if it were NSW and Victoria being penalised rather than us? The good news for WA is that key economic pointers suggest we’re continuing to emerge from the worst downturn in living memory. The GST fix can only help. But despite those green shoots, it’s fair to say that Canberra is only just starting to gain a true appreciation for

WA Premier Mark McGowan has used today’s Committee for Economic Development of Australia WA State of the State event in Perth to reveal an expected return to budget surplus a year ahead of schedule. And the Premier says the surplus – now slated for the 2019-20 financial year – won’t just be a case of “squeaking over the line”. “It’s the first time Western Australia will be in surplus for six years,” Mr McGowan told a packed room at the Perth Exhibition and Convention Centre. “This will be a substantial surplus in the hundreds of millions of dollars. And there will be a