Senate debates

Wednesday, 8 February 2017

Questions without Notice

Economy

2:35 pm

Photo of Matthew CanavanMatthew Canavan (Queensland, Liberal National Party, Minister for Resources and Northern Australia) Share this | Hansard source

I will take that as a suggestion and comment from Senator O'Sullivan. He is absolutely right about the government's intent and objective to attract more investment in our resources sector. Obviously the strong outcomes of the sector are helping in that regard, but we are also being proactive and making sure that we facilitate investment coming into this country. That is why we have established the one-stop shop for environmental approvals, a change that we believe will save upwards of nearly $400 million a year in regulatory costs. That will help bring investment to our country, investments like the Amrun project, which was formerly known as the South of Embley project, in Cape York. Senator O'Sullivan would know that full well. That has finally been approved, and it is a great thing for the people of Cape York. It is an area that needs jobs and investment. It has a strong and proud Indigenous community, and they are very proud that that project now takes the name of a local language dialect, Amrun. That is a project of more than $2 billion that is going to drive growth in Cape York. It is another great outcome that our resource industries are delivering for Australia.

Comments

No comments