Wednesday, 3 February 2016
Questions without Notice
The government has been driving both international and domestic interest in investment in north Australia through a number of measures aimed at capitalising on north Australia's development potential and opportunities for the region to be an innovation hub. As many would know, there was substantial interest in this place late last year when the Minister for Resources, Energy and Northern Australia and the Minister for Trade and Investment welcomed some 350 investors to Darwin to discuss a range of investment opportunities in the region. The government is also expanding its investment in key transport infrastructure through the $100 million beef roads initiative.
One understands—with 11.7 million cattle in northern Australia, nearly 45 per cent of the national herd, and cattle exports worth $3 million a year—these upgrades are critical to connect product with markets. The $600 million northern Australia roads package will partner with the three northern state and territory governments, in addition to the funds already provided through the nationwide investment in transportation infrastructure, including the $2 billion of upgrades to the Bruce Highway to demonstrate how we are putting investment in northern Australia. (Time expired)