The Australian’s Q&A with Chris McLeod: Is the future of mining in the Australian state a question of if, rather than a question mark
Posted March 26, 2020 17:10:38 Chris Mclean is a mining industry insider and former Australian Labor Party president who is now a journalist for the ABC’s AM program.
He has previously covered mining and energy for the Australian Financial Review and the Australian Bureau of Statistics.
Chris McLeod says the mining boom in Australia is now entering a new phase, with companies looking for cheaper labor to fill vacancies and with a focus on developing new technologies.
“The key thing is the shift in the economy away from coal mining, which is a major component of the national economy, into renewables,” he said.
Mr McLeod said there was a clear shift in direction and the government was doing what it could to keep it that way.
He said the federal government had been slow to embrace the transition to renewables and had missed the chance to provide stimulus to help companies in the sector.
As mining jobs dwindle, some industry leaders are worried about the future.
The Federal Government is set to cut subsidies to mining companies by more than $600 million over the next five years, according to a report in the New York Times. AAP/ABC