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Opposition trade resources committee visit mines & resources



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RAY B R A I T H W A I T E M P

RELEASE SHADOW MINISTER FOR NORTHERN d e v e l o p m e n t λ l o c a l g o v e r n m e n t

8 May, 1984

The Federal Opposition Trade and Resources Committee will be visiting

coal mines in the Bowen Basin, and coal loading facilities at . Dalrymple Bay and Hay Point next week. -

The Chairman of the Trade and Resources Committee and Shadow Minister

Ray Braithwaite said today that the Committee wanted to have the fullest possible knowledge of the coal industry.

"Just last week, a row developed between BHP and the Australian Government over price cutting on the world market.

"BHP, through its acquisition of the Utah Development Company and Central Queensland Coal Associates has a huge financial commitment

on the Bowen Basin coal fields."

Mr Braithwaite said this was only one part of real trouble within

the coal industry.

"Quite apart from the issue of price cutting, there are further disputes between the open cut Queensland operations and the New South

Wales underground miners, State and Commonwealth charges, affecting the profitability of the industry, the threat of the Resources Rental

Tax, and the closed book policy on union membership.

"The fact that the world market with its slow prices is a buyers market, does not help the Australian industry to cope with these

problems."

Mr Braithwaite said that next Monday the Committee would be having discussions with the Queensland Chamber of Mines, Unions, and producing

companies.

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8 May, 1984 R.A. BRAITHWAITE

The Committee would then move into the Bowen Basin,

inspecting mines at Newlands and German Creek, visiting Moranbah, and inspecting coal loading facilities at Dalrymple Bay and Hay Point.

ENDS

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