Mitch Fifield (Victoria, Liberal Party, Assistant Minister for Social Services) Share this | Hansard source

The coalition government is committed to reducing duplication and unnecessary regulation, while maintaining high environmental standards. That is what we have achieved by naming the National Offshore Petroleum Safety and Environmental Management Authority as the sole assessor and approver for offshore petroleum and greenhouse gas activities in Commonwealth waters. In doing so, a rigorous assessment was completed to ensure the same high standards of the EPBC Act will be maintained. The streamlined approach will lead to savings for industry and environmental groups worth an estimated $120 million per year.

Question negatived.