WA Lands Minister, Tony Buti. Source: Tony Buti/Facebook
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • The Western Australian government is set to unlock millions of hectares of Crown land for renewable energy and economic diversification projects
  • Proposed changes to WA’s land tenure laws could make Crown land — land owned by the State Government — available for what will be called “economic diversification projects”
  • These projects will focus on renewable energy like carbon farming, wind farms, solar energy and hydrogen production, and will co-exist on land under pastoral lease
  • Today’s news comes not long after Fortescue Metals (FMG) boss Andrew Forrest said his first hydrogen investment would be based in Queensland because of WA’s red tape
  • WA Lands Minister Tony Buti says the new laws are another step for WA in its transition to net-zero carbon emissions by 2050.

The Western Australian government is set to unlock millions of hectares of Crown land for renewable energy and economic diversification projects.

Proposed changes to WA’s land tenure laws would make Crown land — land owned by the State Government — available for what will be called “economic diversification projects”.

The new legislation would allow unallocated Crown land and land under pastoral lease to be also granted a diversification lease for renewable energy projects like carbon farming, wind farms, solar energy and hydrogen production.

According to WA Lands Minister Tony Buti, the changes to the tenure laws are a response to calls from pastoralists who are looking to diversify activities on part or all of their estate.

“These changes will help Western Australia harness emerging opportunities in the renewable energy sector, as well as empowering Native Title holders who are pursuing economic development,” Mr Buti said.

“Global demand for clean energy is increasing and Western Australia will be better placed to capitalise on this demand under these updated land tenure rules.

“Under these changes to the Land Administration Act we can establish a diversified and resilient economy, create new long-term job opportunities, and reduce reliance on fossil fuels to power remote communities.”

The proposed land tenure law amendments are part of a package of potential reforms to the management of unallocated Crown land and pastoral land, according to a statement from the WA government.

Other proposed changes will amend the way pastoral rents are determined, slash some of the red tape around tenure approvals, and develop a new form of non-exclusive tenure to facilitate diverse projects to co-exist with other land activities.

Today’s news comes not long after Fortescue Metals (FMG) boss Andrew Forrest said his first hydrogen investment would be based in Queensland because WA’s tenure red tape was too restrictive.

Mr Buti said the new laws were another step for WA in its transition to net-zero carbon emissions by 2050.

More From The Market Online
Michele Bullock speaks at an RBA press conference.

Knuckle down folks: The RBA clearly has a battle plan no nagging will shake

All through yesterday, there was one claim louder than the rest as Australia
AI image representing commodity price trends

Waning appetites for green metals and the ‘comfortable’ safe haven of gold: Thoughts on investment and commodities

Lithium's past highs and recent lows, in addition to copper's rally and gold's strong performance are…
Two miners digging in a cave awash with gold light.

The ASX gold miners benefiting most from gleaming bullion prices

Gleaming gold prices across the globe have helped several ASX gold miners sparkle especially bright as…
Image representing economic data.

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

Australian GDP for the June quarter came in on-target at 0.2%, the same figure as in…