Policy design for the exploration development incentive: Submission

The NFF’s 4 April 2014 submission to the Treasury and the Department of Industry on Policy design for the exploration development incentive recognises the tension between the possibly conflicting land use of agriculture and mining continues to be highlighted by mining and coal seam gas exploration and development across Australia. The NFF is concerned the discussion paper fails to explore the possible consequences of the implementation of the inventive on private landholders. The NFF urges the Government to consider mechanisms to require recipients of the incentive to engage fully with landholders when negotiating access, support landholder costs with these negotiations, ensure that liability rests with the explorer, and that any damage to land resulting from exploration activity is rectified.