Page 3000 - Week 11 - Thursday, 22 October 1992
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CHIEF MINISTER FOR THE AUSTRALIAN CAPITAL TERRITORY
LEGISLATIVE ASSEMBLY QUESTION
Question No 328
Business Sector Programs
Mr Kaine - Asked the Chief Minister upon notice on 16 September 1992:
What programs have been implemented by the A.C.T. Government during 1991-92 to stimulate business activity in the A.C.T. and the region, and what programs are to be funded in 1992-93.
Ms Follett - The answer to the members question is as follows:
In my Budget Speech I identified four areas where the Budget builds on our previous initiatives and takes further significant steps to create a positive future for business.
First, we have allocated additional funds to employment training programs in both the public and private sectors.
Secondly, the expanded capital works program coupled with the Commonwealths works program will have a direct and substantial benefit to the private sector for our largest industry, construction.
Thirdly, we have provided support for important business sector initiatives including tourism and the potential for the A.C.T. to be a centre for regional and national freight distribution, we are supporting the development of Harcourt Ill and pursuing specific projects with both Telecom and Optus.
Fourthly, we are creating an economic and marketing environment that encourages the growth of local businesses. For example we are matching funding for the National Industry Extension Service and have established a second business incubator at Kingston.
During 1991-92 the Government has implemented numerous initiatives providing support to the business sector. They cover consultation with the business community; business establishment and support, employment, education and training; specific sectoral initiatives; planning, leasing and land administration; taxation reform and business costs; regulatory reform; and corporate reforms.
A list of the A.C.T. Governments Business Development Initiatives is derailed in a paper released by my office on 16 September 1992. These are tai pages of actions we have taken or are taking which demonstrates our support for the private sector in its important role in the Territorys development.
Program to be funded in 1992-93 are spelt out in detail in the Budget Papers under Program 3.
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