The waste and resource recovery sector will benefit from new funding announced in last week’s federal budget, according to National Waste and Recycling Industry Council (NWRIC) CEO Rose Read.
Mark O’Donoghue, Finlease Founder and CEO, speaks with Waste Management Review about how growing businesses can capitalise on the Federal Government’s unprecedented financial incentives.
Trevor Evans, Assistant Waste Reduction and Environmental Management Minister, speaks with Brittany Coles about the Federal Government’s agenda to remodel waste management.
The National Waste and Recycling Industry Council (NWRIC) has welcomed the establishment of three new funds in the Victorian state budget, saying it is looking forward to more detail on how the waste and resource recovery industry can participate.
The Victorian Government’s four-year Recycling Victoria policy will invest more than $300 million into the state’s waste and recovery sector, including 40.9 million to establish recycling infrastructure in regional areas.
The Victorian Budget will invest an unprecedented $1.6 billion to create renewable energy hubs across its regions, the largest investment in clean energy of any state, ever.
The National Waste and Recycling Industry Council (NWRIC) has labelled the NSW State Budget ‘short sighted’, with the real economic potential of the waste and resource recovery industry being bypassed for a reliance on landfill levies.
The NSW Budget has allocated $96 million, or $240 million over four years, to waste management programs designed to accelerate the state’s circular economy transition.
The Tasmanian Government will invest more than $30 million in waste and resource recovery initiatives as part of its 2020-21 State Budget.
Local Government NSW (LGNSW) is calling on the state government to fast-track its commitment to fund constructive and future-focused recycling measures in this year’s budget.
LGNSW President Linda Scott said the sector welcomed the government’s long-term proposals to tackle the use of plastics, reduce waste and increase recycling, but increased investment “must start now.”
“The government’s proposed review of the waste levy is great news, but the national waste ban targets designed to reduce waste start on 1 July. There is no time to lose,” she said.
“For two years, councils have been asking for the waste levy (estimated at $800 million this year) to be reinvested for the purposes it is collected.”
According to Ms Scott, this year’s $800 million waste levy should be immediately invested in maintaining and improving kerbside recycling options throughout the state.
“Communities cannot be expected to continue to underwrite the increasing costs associated with our growing waste problems, including increased stockpiles of recyclable waste,” she said.
“The levy needs to be spent on local resource recovery and reprocessing infrastructure projects that can be put in place in this year’s budget to reduce the prospect of stockpiles of rubbish in our streets.”
Ms Scott said a well-funded and coordinated plan that leverages the buying power of all levels of government is a good first step, and long overdue.
“It’s time to rewrite existing regulations and procurement policies, which we know continue to stymy innovation and the development of new recycled products and markets,” she said.