The CEOs of key WA miners told a Senate inquiry the government’s labour hire laws will threaten billions of dollars in investment, but later admitted the laws do not apply to them.
The CEOs of key miners in Western Australia claim the Albanese government’s labour hire laws will drive up costs for small contractors in their supply chains and threaten billions of dollars in investment in future projects.
Hancock Prospecting chief executive group operations Gerhard Veldsman said on Friday the uncertainty of the labour hire laws, combined with federal environmental laws, would “push back some of our projects by two to three years”. Mr Veldsman agreed the few agency staff Hancock had at its Roy Hill mine – just 120 of 3135 employees – already earned the same as direct employees and so would not be affected by the laws.
She said they may also risk its $1.2 billion investment in capital expansion projects in the WA goldfields regions.
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