Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Sharing mining royalties positive for councils, communities

21 March 2014

FOR IMMEDIATE RELEASE

Sharing mining royalties positive for councils and communities

Local Government New Zealand (LGNZ) supports New Zealand First’s policy to share mineral mining royalties with local authorities, which is in line with LGNZ’s policy for royalties from all mining, oil and gas extraction to be shared for the benefit of local communities.

New Zealand First announced yesterday that it would deliver 25 per cent of mining royalties directly to a regional development fund to target development on the West Coast, where it is estimated that more than $80 million would have gone to regional development initiatives in the last year alone if this royalties sharing scheme had been in place.

LGNZ considers a proportion of the royalties from all mining activity should to be channelled to communities through their local and regional councils. Currently, royalties for petroleum and minerals extraction are paid to a consolidated central government fund which does not flow through to communities. Exacerbating this issue, councils are further disadvantaged because private companies operating on Crown Land do not pay rates. In some parts of the country this involves significant areas of land.

“LGNZ continues to advocate for royalties sharing from extraction. We are pleased to see this policy position from New Zealand First, which supports our goals of strengthening communities and driving economic growth across all of the country,” LGNZ President Lawrence Yule says.

“The royalties sharing would ensure local people and local economies benefit directly from petroleum and minerals extraction in their region. Importantly, royalties sharing would provide local authorities with funding towards additional infrastructure costs they face supporting the presence of extraction industries.”

Community infrastructure such as roads, wastewater and water treatment can be put under great strain during an extraction boom and infrastructure maintenance is challenged when extraction becomes scaled back.

Local authorities also face environmental management costs for extraction permits granted in their jurisdiction, including consenting, compliance, state of the environment monitoring and plan making. Some of these costs are not recoverable, making royalties sharing a necessary contribution.

LGNZ is keen to see this implemented as soon as possible to strengthen regional economic development for the benefit of communities.

*Ends*

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gaza.Scoop: Another Israeli Attack On A Hospital

Israeli tanks attacked Al Aqsa hospital in Deir Al Balah, killing five patients and doctors, and injuring more than 70.

The third and fourth floors, housing the emergency department, orthopaedic department, surgical department, and the Intensive Care Unit (ICU) were destroyed. Operating theatres had to cease work because of the lack of oxygen.

Patients are being evacuated to Shifa Hospital in Gaza City, and the European Gaza Hospital between Rafah and Khan Younes. More>>

 

Parliament Today:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Gordon Campbell: On The Non-Apology To Tania Billingsley

The refusal by Prime Minister John Key to issue a personal apology to Tania Billingsley has been accompanied by an array of excuses... Yesterday though, Key’s choice of words indicated that an apology was the last thing on his mind. More>>

ALSO:

Conventions: Winston Peters On The Nation

Winston Peters opens door to standing in East Coast Bays electorate, says it's an "exciting point" and he's thinking about it. "I’ve had a whole lot of people writing to me and calling up and saying ‘why don’t you have a go in East Coast Bays’." More>>

ALSO:

Waitangi Tribunal: Report On The MV Rena

In its interim report, the Waitangi Tribunal has found that the Crown’s conduct in response to the grounding of the MV Rena on Otaiti (Astrolabe) reef breached the principles of the Treaty of Waitangi. More>>

ALSO:

Gaza: Wellington Protest For Palestine Calls For End To Bombing

Around 300 people gathered outside the Israeli Embassy in Wellington on Friday to protest Israel’s occupation of Palestine. More>>

ALSO:

Gordon Campbell: On The Failure To Prosecute The GCSB

So one hand of the state – the Independent Police Conduct Authority – has now washed the hands of its brother agencies, and declared that all hands are clean. Case closed. More>>

ALSO:

Illegal Search: Police Behaviour 'Reminiscent Of Tūhoe Raids'

"Māori will lose further trust and confidence in the New Zealand Police and the Independent Police Conduct Authority (IPCA) if the recent incident in Stratford is not adequately addressed. This behaviour would not occur in Epsom or Khandallah so why should police think that such behaviour was acceptable in Stratford," says Chris McKenzie. More>>

ALSO:

Gordon Campbell:
On The Dotcom Emails

The Dotcom residency decision fails any number of sniff tests... Why, then, was it approved? Here we get into the realm of the “INZ being under political pressure” to approve Dotcom’s application. More>>

ALSO:

Gordon Campbell: On The Shonky Police Statistics, And The Israeli Air Strikes On Gaza

When people systematically alter how being statistics are recorded in order to gain personal and organisational advantage, that’s usually when the Police get called in. Yet in the case of the burglary statistics in Counties-Manakau, it was the Police doing the fudging and – at the time – it was then-Police Minister Judith Collins claiming the credit... More>>

ALSO:

'Clean Rivers': Green Party Launches Key Election Priority

The Green Party will make a series of announcements over the course of the election campaign in which it will outline the specifics of how it will clean up our rivers and protect our beaches. In the first of these announcements the party launched its plan for clean rivers. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news