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Legislative Assembly for the ACT: 1993 Week 06 Hansard (Tuesday, 18 May 1993) . . Page.. 1499 ..


LAND (PLANNING AND ENVIRONMENT) ACT LEASES
Paper and Ministerial Statement

MR WOOD (Minister for Education and Training, Minister for the Arts and Minister for the Environment, Land and Planning): Madam Speaker, for the information of members and pursuant to the Land (Planning and Environment) Act 1991, I present a statement which details the leases granted in the last quarter. I ask for leave to have the statement incorporated in Hansard and to make a short statement.

Leave granted.

Document incorporated at Appendix 1.

MR WOOD: Madam Speaker, members will recall that the Land (Planning and Environment) Act was recently amended to remove the requirement to table those leases that were granted by direct grant. Instead, the Act now requires there to be tabled in the Assembly a list of such leases as were granted during a quarter. As the amendment commenced on 1 March 1993, the list of leases I now table covers the period until 31 March. Copies of the leases are available to members of the Assembly and to the public from my department shopfront at the John Overall Offices.

BUSINESS DEVELOPMENT - GOVERNMENT'S POLICIES
Ministerial Statement and Papers

MS FOLLETT (Chief Minister and Treasurer): Madam Speaker, I ask for leave of the Assembly to make a ministerial statement on the ACT Government's policies to assist business development.

Leave granted.

MS FOLLETT: I thank members. Madam Speaker, the future development of the ACT must be a partnership between the public and private sectors. The Government's priorities for economic development lie in encouraging the growth of the private sector while at the same time recognising the significant role played by the public sector, in particular the Federal Government, in our economic well-being. We need to be outward oriented, continually looking for new business opportunities and markets both in Australia and overseas. Generating profits from markets outside the ACT is critical to the continued growth of ACT business and the ACT economy.

It is important to recognise that economic development is not an end in its own right, but the means by which a society generates the wealth to achieve its social objectives. The Government is committed to promoting social justice, balanced economic growth, a better urban and natural environment, and access to employment opportunities for all Canberrans. Today I will outline some of the Government's most recent business development initiatives.

Madam Speaker, may I say at the outset, and with some pleasure, that the ACT economy is growing strongly, reflecting the success of the Government's policies. The most recent Australian Bureau of Statistics data on State accounts shows that the ACT economy grew by 6.9 per cent in the year to June 1992, the highest rate of


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