Implications of the change of government in New South Wales

On 25 March New South Wales (NSW) elected Chris Minns as their new Premier signalling a change in direction for Australia’s most populous state. This will see some change in policy particularly for the energy and resources sector. 

For the coal industry, there are eight proposed coal expansions on the table that are now in doubt. These include the Hunter Valley Operations Continuation Project. Prior to the election Minns did also indicate that the Labor government may consider acquiring the Eraring coal-fired power plant to ensure energy supply. Eraring is the largest power station in NSW and was earmarked for closure by Origin Energy in 2025. 

How your organisation can benefit from government incentives now

Eager to support business and protect jobs, governments at all levels have introduced measures and benefits for businesses. While there are many general benefits, like JobKeeper, that have been offered to many businesses, state governments are now offering opportunities to benefit specific industries and sectors including energy and resources.