The Western Australian Government is set to reduce the mines safety levy by 20 per cent starting from July.
The state’s Mines and Petroleum Minister Bill Johnston directed the current rate of 21 cents per billable hour to be reduced to 17 cents to provide relief to mining companies.
Billable hours reflect the number of hours worked at a mine site over the financial year. It is used as the basis for calculating the levy charged to the mining company.
The levy funds safety and health regulatory services for Western Australia’s mining industry.
“The McGowan Government is committed to worker safety and promoting a healthy workplace culture across Western Australia’s mining sector,” Johnston said.
“The reduction in the mine safety levy will help support mining companies during this difficult time.
“We will continue to work with industry to identify opportunities that may further assist the mining industry, which has a key role in the growth and development of our state.”