1.3 - Extractive industries transparency
This commitment will advance the OGP values of access to information and public accountability by:
- providing timely, reliable, publicly available and independently verified data on the extractives industries’ contribution to the Australian economy
- encouraging EITI adoption in resource-rich countries and support a level playing field for Australian companies seeking to invest in those markets
- demonstrating Australia’s commitment to global transparency, anti-corruption and tackling tax avoidance; consistent with current domestic and international trends; and
- supporting the extractive industries’ social licence to operate, demonstrating its commitment to transparent and accountable operations.
- A Multi-Stakeholder Group (MSG) was established on 23 November 2016 to oversee the Extractive Industries Transparency Initiative (EITI) process in Australia. The MSG is a requirement of the EITI Standard.
- The MSG at its third meeting on 22 November 2017 undertook to review of the requirements of the 2016 EITI Standard against the Australian adapted model developed by the Australian 2014 EITI pilot. The work will underpin the development of a detailed work plan supporting Australia's EITI candidacy application. The actions arising from this meeting included:
- The existing Technical Working Group to continue with a focus on addressing the 2016 EITI Standards requirement concerning Project Level Reporting. It also agreed that a new group would be established to review the Beneficial Ownership requirement. These Working Groups will need to agree on how the 2016 EITI Standard will be applied, ensuring consistency with Australian legislative and policy frameworks.
- The MSG agreed that the future activities of the Communications Working Group would also be examined. The Administrator Procurement Working Group Working Group was put on hold until such time as the MSG had finalised its candidacy application.
- Draft Terms of Reference and membership of the new Working Groups were provided to the MSG on 24 January 2018. These Working Groups are yet to convene.
- MSG members were asked to articulate issues they would like to seek further clarity and/or direction from the EITI International Secretariat to the MSG secretariat by January 2018. The responses received have now been forwarded to the EITI International Secretariat for response.
- The next meeting of the EITI International Board will be held Oslo, Norway from 12 – 14 February 2018. DFAT representatives will be attending the meeting.
Government: Department of Industry, Innovation and Science; Department of Foreign Affairs and Trade, Australian Taxation Office, Department of the Treasury, state and territory governments.
Non-Government: Multi-Stakeholder Group (MSG) with 21 voting members representing governments, the extractive industry and civil society organisations.
Steps to implementation
|Implementation Step||Implementation Period||Status|
Establishment of the Australian EITI Multi Stakeholder Group (MSG)
Australia to apply for EITI Candidate Country status
Australia to publish first EITI report.
|18 months after obtaining EITI Candidate Country status||Not yet commenced|
Status updates for commitments are provided approximately every two months. With each update, agencies are encouraged to provide further and better particulars of the commitment and its steps to implementation, which may result in changes to timelines outlined in Australia’s first Open Government National Action Plan 2016-18.