Mr GUNNER - 2012-05-01
The Territory is entering a period of sustained economic growth, with our economy tipped to be the second-fastest growing in Australia over the next five years. Can you please explain how Budget 2012-13 supports that growth?
ANSWER
Madam Speaker, I thank the member for Fannie Bay for his question. I have been part of an incredible team effort with Budget 2012-13. We are talking about $1.3bn for the infrastructure component of the budget. It has been really interesting to see what the Henderson government has been doing over successive budgets. It is not only investing heavily in infrastructure to create and save jobs to leave a legacy of public infrastructure to grow the Territory, not just in the capital city but across the Northern Territory, but, in parallel, it is about being on the hunt for global projects as well. These global projects have arrived on our shore and now they are stepping up to create that incredible economic activity in the lands, construction and infrastructure areas. That is a real credit. That is great planning and a great strategy.
I learned something from the Treasurer very early in my term about how the global financial sector recognises if you want to stimulate an economy, you invest in the construction and infrastructure sector because you benefit twice. Not only do you put bread on the table - keep people employed and create further jobs - but you also leave an incredible legacy of infrastructure to grow your community and society.
I will talk about a couple of specifics because Budget 2012-13 has very strategic investment, such as the $111m to continue upgrading Territory hospitals. We are not only talking about the Royal Darwin Hospital, we are talking about Katherine, Tennant Creek, Nhulunbuy and Alice Springs, and that is the big picture from this government.
Of course, there is $260m on roads. When we talk about roads, it is strategic investment in strengthening, widening, providing flood immunity and road safety improvements across the network. I also relish the opportunities in education provided by the Henderson government. There has been $17m on school upgrades and new infrastructure off the back of the Building the Education Revolution something, historically in Territory terms, never seen before.
In regard to land release, there is $15.9m to continue headworks for the new suburbs of Johnston and Zuccoli; $3.5m to continue the development of Kilgariff; and $15.5m for a trunk water mains supply to Middle Arm which will open a whole new industrial precinct. That is strategic investment, targeted investment, and investment that builds the Territory.
ANSWER
Madam Speaker, I thank the member for Fannie Bay for his question. I have been part of an incredible team effort with Budget 2012-13. We are talking about $1.3bn for the infrastructure component of the budget. It has been really interesting to see what the Henderson government has been doing over successive budgets. It is not only investing heavily in infrastructure to create and save jobs to leave a legacy of public infrastructure to grow the Territory, not just in the capital city but across the Northern Territory, but, in parallel, it is about being on the hunt for global projects as well. These global projects have arrived on our shore and now they are stepping up to create that incredible economic activity in the lands, construction and infrastructure areas. That is a real credit. That is great planning and a great strategy.
I learned something from the Treasurer very early in my term about how the global financial sector recognises if you want to stimulate an economy, you invest in the construction and infrastructure sector because you benefit twice. Not only do you put bread on the table - keep people employed and create further jobs - but you also leave an incredible legacy of infrastructure to grow your community and society.
I will talk about a couple of specifics because Budget 2012-13 has very strategic investment, such as the $111m to continue upgrading Territory hospitals. We are not only talking about the Royal Darwin Hospital, we are talking about Katherine, Tennant Creek, Nhulunbuy and Alice Springs, and that is the big picture from this government.
Of course, there is $260m on roads. When we talk about roads, it is strategic investment in strengthening, widening, providing flood immunity and road safety improvements across the network. I also relish the opportunities in education provided by the Henderson government. There has been $17m on school upgrades and new infrastructure off the back of the Building the Education Revolution something, historically in Territory terms, never seen before.
In regard to land release, there is $15.9m to continue headworks for the new suburbs of Johnston and Zuccoli; $3.5m to continue the development of Kilgariff; and $15.5m for a trunk water mains supply to Middle Arm which will open a whole new industrial precinct. That is strategic investment, targeted investment, and investment that builds the Territory.
Last updated: 09 Aug 2016