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Legislative Assembly for the ACT: 1999 Week 4 Hansard (22 April) . . Page.. 1286 ..


7. Current ACTBIS Agreements have varied terms ranging from three to five to ten years and therefore the employment target relates to longer term periods. At this point in time, if all employment targets are met, ACTBIS assistance will contribute to the generation of over 2000 full time positions. Employment reports to the end of December 1998 show that, where employment outcomes are known (some early Agreements did not obligate companies to report employment figures), some 546 full time positions have been created with ACTBIS assistance.

I will provide a report on the operation of ACTBIS to the Assembly by the end of June 1999. I have also asked that information on the operation of ACTBIS be included as an attachment to my Department's Annual Report.


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