President Australia, Bhp
Search every verified Geraldine Slattery interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Geraldine Slattery, President Australia for BHP, spoke at the Melbourne Mining Club on 5 December 2024, where she discussed the competitiveness of the Australian resources sector. She stated that "the industrial relations changes of the past two years will raise costs reduce productivity and take us backwards in our ability to compete globally." Slattery also noted that the sector had paid over $350 billion in company tax and royalties over the previous 10 years, which she described as "essentially the same as paying for 10 years of Medicare." She emphasized the need for a "relentless pursuit of a better future" and called for holding every policy up to assess its alignment with goals, focusing on workforce, technology, and a culture of competitiveness. In earlier shareholder Q&A sessions in 2023, Slattery expressed concerns about proposed "same job same pay" legislation, arguing it would capture many well-paid workers in the resources sector and make Australia less competitive. She also criticized market interventions such as royalty increases in Queensland, which she said called into question the stability of investment terms. In 2019, while President of Operations Petroleum, Slattery described petroleum as a "growth pillar" for BHP alongside copper, citing demand trajectories for oil and gas, while acknowledging that renewables would take a larger share of energy supply under any scenario.
“Consider this as a sector we've paid over $350 billion dollar in company Tax and royalties over the past 10 years. That's essentially the same as paying for 10 years of Medicare.”
“It remains our view that the industrial relations changes of the past two years will raise costs reduce productivity and take us backwards in our ability to compete globally.”
“the problem with the law is the government is proposing is that there will capture large sections of the Australian Workforce and that includes many thousands of very well-paid workers in the resources sector and the resources sector just to give you a sense of scale on that the average pay is is around 50 higher than...”
“for shareholders um this is something that you should be very concerned about because where does this additional cost um come from it comes from dividends and it comes from um a superannuation investment so that's shareholders it is something that you should be very concerned about”
“probably the broader issue I'd call out though is the the concern we have on Market interventions such as what we've seen in New South Wales but equally what we've seen in Queensland where the state government increased the royalties to the the maximum highest globally so what you have then is a market intervention tha...”
“we also work with the Commonwealth government externally to inform labor market policies industrial relations policies and look I'll call out the one that's under consideration at the moment same job same pay which we are working through industry Association species camc and our peers to seek to influence that piece of...”
“We look to be in commodities with attractive demand trajectories and ability to generate rent. We like big assets that have growth potential and we seek to do those things that we have capabilities in. We're good at them. And so, when you put petroleum in that context, then not only are we an integral part of the portf...”
“We've long recognized that there are a number of demands globally. One is for affordable and reliable energy. I think we all probably recognize that and that supports our case in petroleum. And accepting that there's uncertainty in how energy demand will play out, we under any scenario see renewables taking a bigger po...”
Geraldine Slattery, President Australia BHP MC: Sally Cox Ballroom Event Manager: Andrea Atell Technical Manager: Michael ...
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Geraldine Slattery, President Operations Petroleum, BHP Moderator: Noah Brenner, Bureau Chief, Houston, Energy Intelligence.
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