The Chamber of Minerals and Energy of Western Australia (CMEWA) has released a Federal Pre-Budget Submission urging the Australian Government to address falling productivity and attract necessary investment in the resource sector. With over 90 recommendations, CMEWA emphasizes the importance of streamlining approval processes and supporting emerging industries crucial for the global energy transition. Acting CEO Adrienne LaBombard expresses concerns about legislative changes impacting industry confidence and calls for a shift towards transformational projects. CMEWA suggests halting stage two of the Nature Positive reforms to allow for further consultations, ensuring laws achieve intended environmental and business outcomes. Additionally, the organization advocates for legislation on tax incentives for critical mineral refining and hydrogen production, highlighting the need to attract investment into new industries. Notably, CMEWA proposes a green iron production tax credit to complement the hydrogen production incentive, aiming to encourage decarbonization initiatives. The submission also recommends cutting the corporate tax rate, introducing investment allowances, and expediting the development of low-emission electricity infrastructure in Western Australia. These measures are believed to promote economic growth, job creation, and environmental sustainability. CMEWA envisions substantial benefits from initiatives like the green iron production tax credit, projecting significant job opportunities and economic activity by 2050. Overall, the CMEWA's submission underscores the importance of government support in driving innovation, investment, and development in the resource sector, positioning Australia for a sustainable and competitive future.