Media Release

14 November 2018

Southwick: Liberal Nationals to establish Victorian Resources Assessment Commission

Wednesday 14 November 2018

Liberal Nationals to establish Victorian Resources Assessment Commission

An elected Liberal Nationals Government will establish the Victorian Resource Assessment Commission (VRAC) as an independent body to give government advice on resource projects in Victoria.

Daniel Andrews has lost control of population growth and it is resulting in supply shortages and cost of living increases throughout Victoria.

Victoria is currently the fastest growing state in Australia, growing at around 150,000 people a year, and most of that growth is occurring in Melbourne.

With an estimated 89% more quarry and raw materials required by Victoria by 2050 and an additional $2 billion of transport costs being incurred for every extra 25 kilometres that resources are transported over the same period, Victoria needs a clear long-term strategy for the identification and delivery of resource projects.

Currently, Victorian extractive industries are subject to 34 different acts and at least 12 different governmental bodies. This burdensome regulatory environment is a key cause of project delays, raw material shortfalls and associated cost blowouts.

VRAC would be modelled on the Victorian Environmental Assessment Commission (VEAC) to focus on strategic resource needs and provide independent advice to government on resource, quarry and mining matters.

VRAC will be tasked with providing advice to government on simplifying the approvals process to facilitate the delivery of construction materials within the first 6 months of a Liberal Nationals Government.

The ability for Victoria to efficiently access and transport various quarrying and mining resources is critical to the affordability of Victorian housing, infrastructure and growth in the broader economy.

The Liberal Nationals will cut Labor’s resources red tape and deliver the key raw materials our growing state needs to ease cost of living pressures.

Comments attributable to Shadow Minister for Energy and Resources, David Southwick:  

“The supply of key raw materials in Victoria is a key cost of living issue, the Liberal Nationals will streamline our resources industry and keep costs down.

Whether its cost blow outs on major projects or extra material costs on a new house, Victorians are paying more because Daniel Andrews cannot deliver the supply key resources our growing state needs.

VRAC will develop an independent strategy for the future of earth resources and extractive industries in Victoria, not enforce ideological policies as done by the Andrews Labor Government.”