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Delayed

1.3 - Extractive industries transparency

 

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.

Steps to implementation

Implementation Step Period Status

Establishment of the Australian EITI Multi Stakeholder Group (MSG)

Nov 2016 Completed

Australia to apply for EITI Candidate Country status

Mar-June 2017 Delayed

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.

Updated date: 09 October 2019