Jane Hume (Victoria, Liberal Party, Minister for Superannuation, Financial Services and the Digital Economy) Share this | Hansard source

For over 40 years, the Australian and Queensland governments have been working together in a strong cooperative approach to protecting, conserving and managing the reef. This has included the establishment of a standalone management agency, the Great Barrier Reef Marine Authority. In 2015, Australia embarked on a new long-term adaptive planning approach to protecting the reef, and the centrepiece of that is the 35-year Reef 2050 Long-term Sustainability Plan. The Reef 2050 plan is delivered jointly between the Australian and Queensland governments in collaboration with local governments, traditional owners, researchers, industries and communities. The World Heritage Committee asked the government to accelerate efforts to meet the targets of the Reef 2050 plan, and we have done exactly that. The Australian and Queensland governments are investing more than $3 billion from the 2014-15 to 2023-24 budgets to implement the Reef 2050 plan. More than $2 billion of this is from the Australian government, an unprecedented investment. (Time expired)