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Liberal Nationals to oppose Daniel Andrews’ new tax to cripple gold miners

The Liberal Nationals will protect regional jobs and move to revoke Daniel Andrews’ new $56 million gold mining tax grab when it’s tabled in State Parliament.

This new tax on local miners was announced with no industry consultation, will have a detrimental effect on investment and will cost regional jobs.

The gold industry is vital to the local economies in our regions, including Stawell, Ballarat and Fosterville, and Labor’s gold tax is going to make life even tougher for regional Victoria.

The Managing Director of Gekko, Elizabeth Lewis-Gray, labelled the Andrews Government’s new gold tax an “attack from the city on the regions,” and warned that “high-paying regional jobs, you can’t recreate them in a hurry.”

Stephen Jeffers of Ballarat Gold said “I don't know how we're going to survive,” and Arete’s CEO Campbell Olsen said “this forces our investors to review everything.”

When asked at the Melbourne Press Club earlier this year why he suddenly imposed a new gold tax, Treasurer Tim Pallas arrogantly said “because I could.”

Daniel Andrews and Tim Pallas have maxed out Victoria’s credit card, and their latest new tax will put more pressure on families and cost regional jobs.

Comments attributable to Shadow Treasurer, Louise Staley:

“Only the Liberal Nationals will protect jobs in the gold industry from Daniel Andrews’ attack on the regions.

“Despite promising not to introduce any new taxes, Daniel Andrews has introduced or increased more than 20 taxes to prop up Labor’s failed budget.”

Comments attributable to Shadow Minister for Resources, Ryan Smith:

“Industry expects certainty from government and the only certainty Daniel Andrews has given is they want to see an end to gold mining in Victoria.

“This multimillion dollar attack on Victoria’s gold miners by Daniel Andrews will ensure decisions to invest in Victoria are rethought and job security is placed at risk.”

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