MP Anthony Roberts said.
“Explorers will now bear all costs associated with arbitration, set and capped by an independent expert. Timeframes will also be capped, providing greater certainty for landholders and industry.
“Mr Walker also recommended changes to the appointment of arbitrators, new governance arrangements to manage conflicts, ongoing training and monitoring of the performance of arbitrators.
“It is crucial both sides receive a fair hearing but protracted disputes only increase costs and erode relations between the two parties.”