The Association of Mining and Exploration Companies (AMEC) responded to the Western Australian Budget 2026–27 announcement, noting that the new budget solidifies the strategic role of the resources sector in advancing the state economy and supporting regional communities.
The budget has outlined several key commitments for the industry, most notably the government’s continued support for the Exploration Incentive Scheme (EIS). The scheme recently received applications in Round 33.
AMEC CEO Warren Pearce notes that the mining and exploration industry underpins a significant portion of the economic strength of Western Australia and that “in an increasingly competitive global environment, continued investment into exploration, approvals systems, infrastructure, and energy reliability remains crucial”.
“The EIS is one of the best economic investments the state can make, helping drive new discoveries that lead to future mines,” Pearce says.
The state government has also recently announced a $10 million investment into the Mental Awareness, Respect, and Safety (MARS) Program, highlighting the priority of mental health and safety across the resources sector.
The budget also outlined continued investment of $91.7 million in the Strategic Industries Fund, along with other infrastructure measures to support the ongoing growth of key regions, including the Goldfields and Mid West.
Another key measure included in the budget is the support for approvals agencies, such as the Department of Water and Environmental Regulation (DWER), Department of Biodiversity, Conservation and Attractions (DBCA), and Department of Mines, Petroleum and Exploration (DMPE), which AMEC notes are essential for improving approval timelines.
“Regulatory performance and efficient approvals systems [are] crucial for the ongoing investment decisions across the sector,” Pearce says.
AMEC notes that, with all the support provided in the budget, it is important to highlight that “an omission from this year’s budget has been meaningful investment to deliver Aboriginal Cultural Heritage (ACH) reform and regulatory streamlining”.
“The resources sector needs a system that protects cultural heritage and provides certainty for both Traditional Owners and proponents. With sensible changes, the system can be improved to deliver timely and practical outcomes for both parties.”
AMEC confirms that while there were some positives in the budget funding — including a commitment to investment confidence in Western Australia’s resources sector — they remain disappointed in the lack of ACH funding.
Write to Amy Rotman at Mining.com.au
Images: AMEC
