Australian Industry Participation (AIP) requirements ensure full, fair and reasonable opportunity for Australian industry to compete for work. This includes work in major public and private projects in Australia, and procurements or projects receiving Australian Government funding of $20 million or more.
We work with state and territory governments to ensure a more efficient and internationally competitive building, plumbing and construction industry. This includes the adoption of nationally consistent reforms to building and plumbing regulation such as the National Construction Code.
The Australian Government and state and territory governments own Australia’s mineral and petroleum resources on behalf of the community. Companies that extract mineral and petroleum resources must pay taxes and royalties. This ensures the community receives an adequate return on the use of Australia’s non-renewable resources.
Offshore petroleum exploration acreage release process
The government releases areas in Australian waters for oil and gas exploration each year. Companies have the opportunity to nominate areas that may be promising for exploration and bid for an exploration permit.
We facilitate trade through a robust standards and conformance infrastructure and mutual recognition agreements. This reduces costs and delays for exporters and increases the supply of reliable products into the Australian market.