At a special function for investors, Mr Malnic briefed the investment community on ANDEV (Australians for Northern Development and Economic Vision) and Special Economic Zones.
View the Video Presentation here:
ANDEV has a vision of a thriving North Australia with more growth, more opportunities and more people.
Australia's status as the biggest provider of minerals and energy to our Asia-Pacific neighbors is at risk as new countries take advantage of rising demand for raw materials.
Industries associated with the resources sector are moving investment overseas as Australian governments make it more difficult and more risky to invest in Australia.
But it isn't just the resources sector. Agricultural development in Northern Australia has long been hamstrung by distant governments who don't understand the particular needs of Northern Australia economies. Nor does it seem like they care.
Governments are making Australia less competitive by putting in place new taxes that hit North Australia hardest, by tying entrepreneurs in red-tape and placing upward pressure on input costs for Northern industry.
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Sydney Mining Club