Home / Knowledge / News / Textiles / Cotton Australia welcomes final IPART report
Cotton Australia welcomes final IPART report
17
Dec '15
Cotton Australia, the apex representative body for Australia's cotton growing industry, has welcomed the recommendations made by the Independent Pricing and Regulatory Tribunal (IPART) regarding compensation for landholders.

As part of its NSW Gas Plan, the NSW Government had asked IPART for recommendations on compensation benchmarking.

“Understandably, many cotton growers remain deeply concerned about coal seam gas development in the state, and in particular the potential impacts on land and water resources, despite the efforts of IPART's reports to bolster compensation regimes for landholders, ” Cotton Australia General Manager, Michael Murray said in a press release.

IPART's draft report, issued in September, was welcomed by Cotton Australia on behalf of growers because it recognised that a one-size-fits-all approach would not work for compensation payments.

“IPART's draft report proposed a bespoke model that allows landholders to estimate compensation benchmarks using information specific to their circumstances,” Murray said.

“We welcomed the proposal in the draft report that gas companies should fund benefit payments to landholders, which recognised the impost on agricultural operations from coal seam gas operations.”

“IPART's final report recommends gas companies be allowed to make in-kind and agreed contributions to growers. While upgrades to roads and fences might benefit growers, these would be in addition to compensation payments and rebates of costs incurred through the negotiation process. We urge growers to seek professional advice when negotiating these benefits and land access agreements.”

Murray said IPART's final report is a step forward, but there is much work to be done in order to ensure growers receive fair compensation for time spent during negotiations, and incurred costs.

“IPART's final report supports caps on costs associated with landholders seeking professional and legal advice incurred during the negotiation process. These caps are to be determined by the NSW Minister for Industry, Resources and Energy, and we will be following up to ensure growers have a voice in determining the extent of the caps.”

“Furthermore, IPART has recommended further support measures - including legislative provisions - to ensure landholder compensation equals that available to growers in other states. We are looking for support from the NSW Government in introducing such legislation into NSW Parliament.” (SH)

Fibre2Fashion News Desk – India


Must ReadView All

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search