Lift on territory fracking ban unlocks potential

17 April 2018
Media Releases Energy and climate Media releases - 2018

We welcome the Northern Territory Government’s decision today to lift the ban on hydraulic fracking and accept the recommendations of the independent scientific inquiry, Business Council chief executive Jennifer Westacott said today.

“Today’s decision unlocks significant economic potential for the Territory and will help provide much needed gas supply to the rest of the country.

“We have long called for the lifting of unscientific moratoriums on gas exploration alongside strong and balanced environmental protections.

“We urge Victoria and NSW to follow the Northern Territory’s lead and lift their unscientific bans on gas development to help drive down energy prices and bring more gas into the market.

“The Northern Territory Government has recognised appropriate environmental safeguards are vital as part of gas exploration development.”

What's New

Submission to the ACCC on the Consumer Data Right draft rules consultation

This is the Business Council’s submission on the Australian Competition and Consumer Commission’s Competition and Consumer (Consumer Data) Rules 2019 (Exposure Draft).   Read the Business Council's submission here. 

2019 Election

The Business Council congratulates the Prime Minister and his team on the re-election of the Liberal-National Coalition Government. “We look forward to working with the government to drive even higher...

Bob Hawke

Statement by Business Council chief executive Jennifer Westacott: The business community today pays tribute to Bob Hawke, one of Australia’s greatest leaders and an icon of Australian politics. Bob Hawke’s...