Frydenberg warns oil price pain will linger

RESOURCES minister Josh Frydenberg says the Australian oil and gas industry needs to drop the cost of doing business to boost the nation's competitiveness, and indicated that the Commonwealth government is open to streamlining regulatory processes and promote greater labour market flexibility and productivity-enhancing infrastructure projects.

Frydenberg warns oil price pain will linger Frydenberg warns oil price pain will linger Frydenberg warns oil price pain will linger Frydenberg warns oil price pain will linger Frydenberg warns oil price pain will linger

In an open letter, Frydenberg said encouraging innovation, automation and big data analytics, as well as de-risking exploration through the provision of government-generated geological mapping are

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