New Authority and Fund to Support Economic Transition for Coal-Dependent Regions
Future Jobs and Investment Bill 2025
Legislative Assembly
Legislative Council
Assent
Topics
coal mining economic development energy transition job creation regional growth workforce planning
Introduced by: The Hon Daniel Mookhey MLC (ALP); The Hon Paul Scully MP (ALP)
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The Debate
What different members said when this bill was debated:
Tim Crakanthorp ALP
“Industry participants stressed the need for clear regulatory pathways to support investment. This has been reflected in the authority’s functions. The Future Jobs and Investment Bill 2025 is very important and I appreciate my colleagues’ attention.”
Greg Piper IND
“I am pleased to contribute to debate on the Future Jobs and Investment Bill 2025. I thank the Minister for Natural Resources for preparing the bill, which proposes a new framework to replace the Royalties for Rejuvenation Fund—a scheme that was in itself never designed to be equitable for coal‑producing communities.”
Liesl Tesch ALP
“I make a contribution to debate on the Future Jobs and Investment Bill 2025. As a former student of Toronto High School, I am in good company in the Chamber amongst the member for Wallsend, the member for Swansea, the member for Lake Macquarie and the member for Cessnock. This really important bill will impact a lot of the people I went to school with and the community where I grew up.”
Tamara Smith GRN
“On behalf of The Greens in the lower House, I contribute to debate on the Future Jobs and Investment Bill 2025. Abigail Boyd, MLC, is The Greens’ spokesperson for energy and just transitions.”
Julia Finn ALP
“I speak in support of the Future Jobs and Investment Bill 2025. The bill establishes the Future Jobs and Investment Authority and the Future Jobs and Investment Fund.”
Alex Greenwich IND
“I contribute to debate on the Future Jobs and Investment Bill 2025. Coal communities have powered our State for over 200 years, and it is important that we protect them from the economic shocks of declining global demand for coal. New South Wales exports 145 million to 160 million tonnes of coal through the Port of Newcastle every year but we cannot rely on this volume continuing.”
Sophie Cotsis ALP
“I make a brief contribution to debate on the Future Jobs and Investment Bill 2025. I acknowledge the work of the Minister and the participants in the wide consultation. More than 200 people attended a number of workshops and round tables. This was an election commitment from the Government. Our economy is currently going through a transition.”
Yasmin Catley ALP
“I contribute to debate on the Future Jobs and Investment Bill 2025. I place on record my sincere thanks to Minister Houssos for the work that she has done. Obviously, this is very important to the area that I and the other Hunter MPs represent. I know the Minister has consulted broadly on the creation of the bill, which has led to a great result.”
News articles and press releases
Future Jobs and Investment Bill 2025
Mr PAUL SCULLY, Minister for Planning and Public Spaces — 2025-11-19
the Future Jobs and Investment Bill 2025 establishes a dedicated statutory body—the Future Jobs and Investment Authority—to lead this important work. Through the Future Jobs and Investment Bill 2025, the authority will have the powers and functions to activate land and infrastructure, attract investment to create new jobs, lead genuine community engagement, and position workforce and supply chains to seize new, diversified opportunities. These functions will ensure that, as our economy evolves, New South Wales coal regions will continue to thrive.