Modernise offshore resources regulation

Question

1. In the Budget, $4.9 million was allocated to ''modernise offshore resources regulation to support gas investment and help mitigate supply shortfalls, including providing more clarity on the consultation requirements for offshore resource approvals. What will this money be used for? 2. What does ''modernise offshore resources regulation to support gas investment and help mitigate supply shortfalls'' mean, what is getting modernised? 3. How much money will that cost? 4. What is that money going towards (if there is a table), what are the steps towards modernising offshore resources regulation look like?

Answer

See attached response.

Documents

• Question with answer (PDF) (opens in a new tab)
• BI-054_McDonald_Modernise offshore resources regulation_DISR.pdf (opens in a new tab)