Sentences with phrase «separate economic zone»
Morgan, a former board member of the Reserve Bank and President of the Business Council of Australia, is currently a member of the lobby group Australians for Northern Development and Economic Vision, which wants to create a separate economic zone in the north of Australia with low - tax and low - regulation to promote mining industries.
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«It will be far cheaper to manage the Coral Sea as a single, large no - take area rather than the proposed combination of four separate zones, which include no - take and recreation - only fishing areas,» says Prof. Pressey, who has published a detailed economic analysis of the options.