House debates

Thursday, 20 August 2009

Questions without Notice

Liquified Natural Gas Exports

2:10 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

And they seem remarkably silent on it today. The project will have a 40-year life and will generate export income and jobs for decades. The first 30 years of the life of this project will boost Australia’s GDP by $65 billion in net present value terms. The project will return more than $33 billion to the economy through the use of Australian goods and services over the project. The project will generate 6,000 jobs in the construction phase and will run for around five years in construction. The return in tax revenue over the life of the project will be in the order of $40 billion.

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