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Offshore Industry levies increase

Published:
14 June, 2024

NOPSEMA’s offshore industry levies are set to increase 13 per cent following a review in March 2024.


The increase was approved by Hon Minister King through NOPSEMA’s 2024-2026 Cost Recovery Implementation Statement (CRIS).


CEO Sue McCarrey said the increase supports NOPSEMA’s ongoing capacity to have specialist staff supporting environment plan assessments focusing on First Nations consultation and cultural heritage. 


“These increases also addresses mandatory Australian Public Service (APS) wage increases to the Consumer Price Index (CPI),” she said. 


“A fee arrangement for a new regulatory provision, the Facility Design Notification Scheme, has also been introduced with the increases.” 


The Department of Industry Science and Resources is working toward a 1 July 2024 start-date, subject to further approvals and regulatory processes.  


The CRIS assesses the adequacy of NOPSEMA’s cost recovery arrangements to ensure it can continue to deliver regulatory activities effectively and in a timely manner. 


It also reports financial and non-financial performance information and contains financial estimates for the budget and three forward years. 


Stakeholder consultation for the draft CRIS was open from 4 to 21 March 2024, and an online CRIS Stakeholder Briefing and Q&A was provided on Thursday, 14 March 2024.


The CRIS excludes NOPSEMA’s role as the Offshore Infrastructure Regulator (OIR), as its functions and cost recovery arrangements are subject to a separate CRIS.

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