Farmers not convinced about plan from Nationals to give gas royalties to landowners
Updated
Farmers are sceptical about a plan from the federal Nationals Party to give landowners some of the royalties from gas extracted from their property. Yesterday the Deputy Prime Minister Barnaby Joyce announced his support for the South Australian Labor Government's plan to give farmers 10 per cent of the royalties, and said he'd like it extended to other parts of the country. The Nationals say it would encourage farmers to open up land to gas exploration. But the farmers say money won't mitigate the risk, while the Opposition says that the Government isn't capable of making the idea a reality.
Source: AM | Duration: 4min 27sec
Topics: oil-and-gas, business-economics-and-finance, industry, farm-labour, australia
Farmers are sceptical about a plan from the federal Nationals Party to give landowners some of the royalties from gas extracted from their property.
Yesterday the Deputy Prime Minister Barnaby Joyce announced his support for the South Australian Labor Government's plan to give farmers 10 per cent of the royalties, and said he'd like it extended to other parts of the country.
The Nationals say it would encourage farmers to open up land to gas exploration. But the farmers say money won't mitigate the risk, while the Opposition says that the Government isn't capable of making the idea a reality.
Featured:
Andrew Broad, Nationals MP for the Victorian seat of Mallee
Tim Duddy, NSW Farmers Associations' Mining spokesman
David Jochinke, President, Victorian Farmers Federation
Joel Fitzgibbon, Labor's Agriculture spokesperson
