Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Changes To CMA Bill Reflect Pike River Report

Changes To CMA Bill Reflect Pike River Report

Cabinet has approved further changes to the Crown Minerals (Permitting and Crown Land) Bill currently before the Commerce Committee, Energy and Resources Minister Phil Heatley says.

A Supplementary Order Paper recommends changes to current legislation to strengthen the Bill in light of the report of the Royal Commission on the Pike River Coal Mine Tragedy.

The Royal Commission's report endorses the proposals being progressed through the current review of the Crown Minerals Regime and reflected in the Bill being considered by the Commerce Committee.

It also recommended that regulators need to collaborate to ensure that health and safety is considered as early as possible and before permits are issued, and that the Crown Minerals Regime should be changed to ensure that health and safety is an integral part of permit allocation.

The key changes set out in the Supplementary Order Paper are:

• The Minister of Energy and Resources must seek the view of the appropriate health and safety regulator and take this into account before issuing a Tier 1 exploration or mining permit.
• Tier 1 mining activities must not start until the health and safety regulator is satisfied the health and safety requirements have been met.

• Health and safety considerations will be included in the definition of "good industry practice" to recognise that health and safety, and maximising extraction of a resource, are inextricably linked.

The Commerce Committee is to announce its process for consultation on the Supplementary Order Paper in due course.

More information on the Bill

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Prices Up, Volume Down: March NZ House Sales Drop 10% As Loan Curbs Bite

New Zealand house sales dropped 10 percent in March from a year earlier as the Reserve Bank’s restrictions on low-equity mortgages continue to weigh on sales of cheaper property. More>>

ALSO:

Scoop Business: Chorus To Appeal Copper Pricing Judgment

Chorus will appeal a High Court ruling upholding the Commerce Commission’s determination setting the regulated prices on the telecommunications network operator’s copper lines. More>>

ALSO:

Earlier:

Cars: Precautionary Recalls Announced For Toyota Vehicles

Toyota advises that a number of its New Zealand vehicles are affected by a series of precautionary global recalls. Toyota New Zealand General Manager Customer Services Spencer Morris stressed that the recalls are precautionary. More>>

ALSO:

'Gardening Club': Air Freight Cartel Nets Almost $12 Million In Penalties

The High Court in Auckland has today ordered Swiss company Kuehne + Nagel International AG to pay a penalty of $3.1 million plus costs for breaches of the Commerce Act. Kuehne + Nagel’s penalty brings the total penalties ordered in this case to $11.95 million ... More>>

ALSO:

Crown Accounts: Revenue Below Projections

Core Crown tax revenue has increased by $1.9 billion (or 5.0%) compared to the same time last year. However this was $1.1 billion less than expected and is reflected across most tax types, continuing the pattern of recent months. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news