Question Time – Carbon Tax

Mr PITT (Hinkler) (14:13): My question is to the Treasurer. Will the Treasurer outline the economic impact of repealing the world’s biggest carbon tax?

Mr HOCKEY (North Sydney—The Treasurer) (14:13): The world’s biggest carbon tax, you say. We are keeping to our election commitment to get rid of the world’s biggest carbon tax. The Labor Party, unfortunately, is not keeping to its election commitment to terminate the world’s biggest carbon tax.

Mr Conroy interjecting—

Mr HOCKEY: There are teeth moving over there but I cannot see the face. There is something moving—lots of chompers. Tomorrow is the first anniversary of the Townsville termination, when the member for McMahon and the former Prime Minister went up to Townsville and proudly proclaimed that the Labor Party was going to terminate the carbon tax. If Labor was re-elected they were going to terminate the carbon tax. The only problem is that, coming into opposition, Labor is now determined to oppose the termination of the carbon tax. Why? I found out why today. Outside Parliament House, in words that would ring true to everything Labor does—

Ms Butler interjecting—

The SPEAKER: The member for Griffith will desist. Hopefully, she will learn from yesterday.

Mr HOCKEY: the member for McMahon said, in relation to the carbon tax: ‘The Labor Party’s position will remain consistent and clear.’ We are not sure if that was the original position in relation to an ETS, or whether it was the revised position in relation to a carbon tax, or whether it was the revised position on terminating the carbon tax—or who knows what their position is today?

Mr Champion interjecting—

The SPEAKER: The member for Wakefield is warned!

Mr HOCKEY: But we are getting rid of the carbon tax because it is a cost to Australian jobs. We are getting rid of the carbon tax because it is a handbrake on Australia’s economic growth. We are getting rid of the carbon tax because it increases inflation in Australia. We are getting rid of the carbon tax because it reduces our competitive position in relation to a whole range of other countries that we compete with every day in trade and commerce. We are getting rid of the carbon tax so that we can deal directly with the cost-of-living challenges for everyday Australian families. We are getting rid of the carbon tax because the carbon tax is a failed policy. It is flawed policy.

How ironic it is that, after yesterday addressing every question to the carbon tax and after opposing the repeal of the carbon tax on three occasions, today the Labor Party are not even asking a question. They are going to have to defend the carbon tax not just yesterday but for every day up to the next election and beyond, because the carbon tax and the Labor Party are one and the same.

 

 

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Adjournment Debate – National Broadband Network

Mr PITT (Hinkler) (21:05): Last month I announced that Bundaberg, at the northern end of my electorate, would be one of only 10 sites across the country prioritised for superfast broadband upgrades. NBN Co and Telstra have reached an agreement on an expanded program to plan, design and construct fibre-to-the-node high-speed broadband. About 200,000 premises will be passed by fibre to the node nationally, including a high proportion that were classified as being underserved in the government’s myBroadband study. While the planning and design work has not yet been completed to map exactly which suburbs and streets will receive the NBN in my electorate, it is expected that about 20,000 premises will be eligible to connect to high-speed VDSL fibre-to-the-node services in 2015.

The fact that Bundaberg is a point of interconnect for the NBN bodes well for further expansion down the track. The announcement was part of the government’s ongoing reform of the NBN to ensure that superfast broadband can be rolled out sooner and more cost-effectively in areas that are underserved. I would like to remind the House of the findings contained in the independent strategic review released by NBN Co in December last year. The review found the rollout was two years behind schedule, with final completion due 11 years later than was first promised by Kevin Rudd. The cost to taxpayers of completing the NBN under Labor’s plan had blown out to $73 billion. That is $29 billion more than Australians were told. An average broadband bill will now cost $72 per month using a mix of technology, compared with $139 under Labor’s plan.

NBN Co advised the government that to deliver broadband sooner, at less cost to taxpayers and more affordably for consumers, the NBN should be completed by using a mix of technology. When you consider that fewer than 400 million of the world’s 1.6 billion internet devices are PCs, it is easy to see why using a mix of technologies is ideal: people are moving towards portable wireless devices.

Wireless technology is particularly vital across vast distances, in regions that are sparsely populated. Twenty development applications have so far been lodged with Bundaberg Regional Council for wireless internet towers in outlying areas. A further 15 development applications for towers have been lodged with Fraser Coast Regional Council, at the southern end of the Hinkler electorate.

As with any development application, one tower in particular has drawn heavy criticism. My office receives regular complaints and inquiries about the quality and availability of internet at Pacific Haven. However, we also recently received a petition against an NBN tower in the same community. The residents argue the proposed location of the tower will distract drivers and reduce property values. They also claim electromagnetic radiation will affect their wellbeing. They have suggested two other sites for the tower. NBN Co took their concerns on board and assessed the sites, but found they were not feasible or appropriate.

I also recently met with representatives from Bundaberg Port. They say internet availability is one of the major deciding factors for many yachtsmen and businesses. The Bundaberg Port Marina is the most popular ports of entry into Australia. International visitors come from all corners of the globe and use the marina as a gateway to the southern Great Barrier Reef and a centralised base for their inland adventures. Unfortunately, the Bundaberg Port Marina and the nearby town of Burnett Heads have among the worst internet coverage in the Hinkler electorate. As a result, Bundaberg Port is struggling to compete with destinations that have reliable internet. Visitors are staying for fewer nights and moving on to other ports.

As with most complaints about local internet service, Telstra says there are no ports available in the roadside cabinet. They have no plans to expand or upgrade the service in the foreseeable future. The simple truth is that Telstra did not invest enough in the fixed-line network, while Labor continued to make unrealistic promises. It is understandable that Telstra did not want to invest, when the infrastructure might be removed a short time later to make way for the NBN.

I hope that this latest announcement on NBN will put an end to this stalemate. The NBN roll out across Bundaberg should free up some of Telstra’s capital, and I urge Telstra to re-invest any savings back into the local network in areas where expansion is sorely needed. Telstra’s one saving grace locally is customer service specialist, Roger Dewar. He responds promptly whenever my very diligent electorate officers contact him with a constituent inquiry.

Prior to entering politics, I was an electrical engineer and a small business owner. I have three school-age children, and my wife works in allied health. I understand how important it is that Australians have access to reliable high-speed internet, including those who live in regional Australia. I have fought hard to ensure Hinkler residents are among the first to receive the NBN. Under Labor, the NBN was the most wasteful and mismanaged infrastructure project in Australia’s history. We are taking steps to get this project on track after so many years of misinformation and frustration. I thank Hinkler residents for their patience and understanding.

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Bruce Highway upgrade south of Childers opens to traffic early

Motorists on the Bruce Highway will enjoy safer conditions with the $8 million upgrade to the Lucketts and Goodwood roads intersection opened today, months ahead of schedule.

Deputy Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said the job was completed in just five months.

“These important works will make a tremendous difference for the more than 6,500 motorists and truck drivers who use this section of the highway each day,” Mr Truss said.

“From Brisbane to Cairns, the Bruce Highway is the backbone of Queensland. The Federal Government will deliver more than $900 million for further safety works on the highway, starting this financial year, to address issues such as this old intersection.”

Federal Member for Hinkler Keith Pitt welcomed the opening of the extended right-turn lane at the Lucketts Road intersection and new traffic signals at the Goodwood Road intersection.

“With the installation of the new signals, the Butchers Road intersection was moved a short distance south, significantly improving safety for turning vehicles,” Mr Pitt said, when officially opening the project.

“The local community and adjacent businesses have been very patient throughout construction, and I thank everyone for obeying road signs, slowing down and driving carefully around the road works site.”

Member for Burnett Stephen Bennett said providing better infrastructure is an important part of our strong plan for a brighter future and it is great to have an Australian Government that prioritises the Bruce Highway.

“While interim safety measures have been implemented over the years, it’s great to finally see some long-term improvements come into fruition for our regional communities in Queensland,” Mr Bennett said.

[ENDS]

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BFVG awarded $80K for South Korean Trade Mission

Bundaberg Fruit and Vegetable Growers has been awarded $80,000 to undertake a Trade Mission in South Korea as part of the Federal Government’s Asian Business Engagement Plan. 

Member for Hinkler Keith Pitt congratulated BFVG on its deserving application.

“BFVG’s success shows what an effective advocate the organisation is for our local producers and value adders,” Mr Pitt said.

“These grants will enable organisations like BFVG to pursue opportunities generated by the Government’s recently concluded Free Trade Agreement with South Korea.”

Member for Flynn Ken O’Dowd said helping businesses expand into new markets would give the horticulture sector a much needed shot in the arm.

“Export trade is not only good for the businesses concerned; it’s also good for jobs and good for the local and national economies,” Mr O’Dowd said.

BFVG Executive Officer Peter Hockings said the grant would help support a market familiarisation and trade relations program for some of the Wide Bay Burnett’s horticulture businesses.

“South Korea is one of Australia’s largest trading partners,” Mr Hockings said.

“This is a valuable opportunity for producers to develop longer-term business and trade relations, potentially increasing the volumes and range of horticulture produce currently exported to South Korea.”  

BFVG is one of 18 member-based organisations nationally which have been awarded an ABE grant in 2014. Under the Plan, eligible applicants can be offered between $20,000 and $300,000 in grants. The grants, administered by Austrade, are merit-based and competitive.

Australia’s trade links with Asia are expected to represent at least one-third of GDP by 2025, up from one-quarter in 2011. 

Media contacts: Keith Pitt: Larine Statham 0427 653 814, Ken O’Dowd: David Kerr 0405 380 264

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Forum fleshes out Queensland’s seedy underbelly

Stakeholders and elected representatives today met in Brisbane to discuss contract labour hire issues confronting the Queensland agriculture sector.

Member for Hinkler Keith Pitt and Senator Barry O’Sullivan brought peak industry bodies and businesses together to hear firsthand the difficulties workers, hostels, farmers and legitimate labour hire contractors confront.

Mr Pitt and Senator O’Sullivan will take stakeholders’ concerns to the relevant Federal Ministers.

Mr Pitt, a former canefarmer and training provider, said it was the increasing number of very serious complaints made to his office that prompted he and Senator O’Sullivan to organise the forum.

“Allegations range from the underpayment and exploitation of workers to tax evasion, visa breaches, racial discrimination, intimidation of farmers and overcrowding in private residential properties,” Mr Pitt said.

“One of the problems people face in formally reporting their complaint is the sheer number of agencies involved across all three levels of Government. In many cases they are just too scared to give their name to the authorities.  

“Today’s forum has helped us flesh out some of the issues. Now, we will be asking our Ministerial colleagues to help us cut this blemish out before it grows and spoils what is by-and-large a very reputable industry.

“We want to ensure our seasonal workers are protected; that businesses have a level playing field and Australia remains a destination of choice for overseas students and working holiday makers.”

Senator O’Sullivan, a former police detective, said maintaining strong communication channels between industry and enforcement agencies was essential to investigating and prosecuting those conducting illegal activities.    

“Whether it is concerns over labour, profitability or trade, the most practical and relevant solutions are those developed by industry,” Senator O’Sullivan said.

“The participation of so many peak bodies at this meeting illustrates industry’s willingness and desire to confront these employment issues.

“Growers must remain vigilant in their willingness to report illegal contracting arrangements.

“Our international reputation is dependent on Australia’s ability to develop practical and ethical labour sourcing strategies.”          

Senator O’Sullivan and Mr Pitt thanked all the participants for their valuable input, including John Brent (Scenic Rim Mayor and Ausveg board member) who chaired the forum.

Concerned stakeholders can add their voice to the debate by emailing Keith.Pitt.MP@aph.gov.au and Senator.O’Sullivan@aph.gov.au     

Media contacts:

Keith Pitt MP: Larine Statham 0427 653 814

Senator Barry O’Sullivan: Troy Rowling 0400 386 666​

 

 

Contract labour hire practices in the Queensland agricultural sector

Stakeholder Forum hosted by Federal Member for Hinkler Keith Pitt and Senator Barry O’Sullivan

STATEMENT OF INTENT

Stakeholders in attendance agree that:

a) Seasonal (foreign/itinerant) workers are vitally important to the agricultural sector, regional Queensland communities and the Australian economy

b) the majority of contractors, hostels, growers/farmers and workers act lawfully. The industry ultimately has responsibility for ensuring the relevant laws are upheld. 

c) external cost and time pressures have increased the industry’s utilisation of low-cost labour hire contractors

d) anecdotal evidence suggests the problem has escalated significantly in recent years

e) offending contractors are highly organised and, due to the transient nature of the workforce, are masters at avoiding detection    

f) the issue has the potential to damage Australia’s reputation among international students and working holiday makers  

Stakeholders in attendance acknowledge:

a) the advocacy and assistance currently being provided to growers by peak industry bodies

b) the efforts of previous Governments to address some of the issues

c) that the issues are extremely complex and broad in nature, and multi-jurisdictional  

Stakeholders in attendance request that:

a) Mr Pitt and Senator O’Sullivan present stakeholders’ concerns to the relevant Ministers

b) Mr Pitt and Senator O’Sullivan seek formal briefings from the relevant Ministers about what action is currently being undertaken by Commonwealth agencies

c) Mr Pitt and Senator O’Sullivan obtain advice from the relevant Ministers about the avenues and resources available to properly address this endemic problem

[ENDS]  Brisbane, 27 June 2014

 

 

 

 

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Bundaberg a priority for National Broadband Network

Bundaberg has been prioritised for superfast broadband upgrades, with the NBN Co and Telstra reaching an agreement on an expanded program to plan, design and construct fibre-to-the-node high speed broadband.

About 200,000 premises will be passed by fibre-to-the-node nationally, including a high proportion that were classified as being underserved in the Government’s ‘MyBroadband’ study.

It is expected about 20,000 Bundaberg premises will be covered once planning and design work is completed. End users are expected to be eligible to connect to high speed services in 2015.

Federal Member for Hinkler Keith Pitt said the announcement was part of the Government’s ongoing reform of the NBN, to ensure that superfast broadband can be rolled out sooner, more cost effectively in areas that are underserved.

“I’ve been fighting hard to ensure the Hinkler electorate is a priority area for the NBN,” Mr Pitt said.

“As a former electrical engineer and small business owner with three children at school and a wife who works in allied health, I understand how important it is that Australians have access to reliable high speed internet.

“The top available downloads speeds will be approximately 25 times faster than current average fixed line broadband connections to Australian households.

“These speeds would allow more than ten high definition television shows to be streamed to a single household or business concurrently.  A three minute YouTube video will be able to be uploaded in 42 seconds, compared to 20 minutes on current ADSL connections.

“We have taken the steps to get this project on track after so many years of misinformation and frustration,” Mr Pitt said.

“We went to the election promising to get the NBN project done sooner and at less cost. Today’s announcement shows we are delivering on that promise.

“These upgrades will truly revolutionise the way people connect in their homes and businesses.”

Since the election, the NBN Co has expanded its fibre network in existing neighbourhoods to cover 385,000 premises, an increase of 86 per cent.   Work has begun on the fibre to the premises network in areas covering 447,000 premises.

Twenty development applications have so far been lodged with Bundaberg Regional Council for wireless internet towers in outlying areas. A further 15 development applications for towers have been lodged with Fraser Coast Regional Council.

“Today’s announcement and the rollout of wireless technology bodes well for further expansion across the electorate, especially given that Bundaberg is a point of interconnect.”    

 Media contact: Larine Statham 0427 653 814        

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Working hard to create jobs

Letter submitted to the NewsMail on June 23, 2014:

Dear Editor,

Nothing could be further from the truth than Sam Williamson’s claim (NM 23/6/14) that the state and federal governments have done “bugger all” to address unemployment.

In the final year of the Howard government, the local unemployment rate was just six per cent. Under the Rudd-Gillard-Rudd governments the unemployment rate in the Federal electorate of Hinkler increased to 9.6 per cent.

Since being elected less than a year ago, the Coalition has reinstated Work for the Dole. I fought hard to ensure two of the 18 communities selected for the first phase are in the Hinkler electorate. We’re providing loans of up to $20,000 to help apprentices complete their trade. And we’ve introduced a scholarship scheme for university students from low socio economic backgrounds and regional communities.

Long term unemployed young people will be eligible for job commitment bonuses when they have held down a job consistently for 12 months and two years.  There’s also funding available to cover the costs associated with relocating to take up a job. We’ve introduced financial incentives for business too, when they hire a job seeker over the age of 50 who has been unemployed for at least six months.

I’m proud to be part of a team that recognises that Governments don’t create jobs – businesses do! That’s why we’re making it easier, not harder to do business in Australia. We’re cutting red and green tape to save businesses time and money. We’re providing support for businesses that want to start exporting their products to the world. We’re reviewing competition laws and working to conclude free trade agreements with our major trading partners.  And we’re repealing the Carbon Tax! And, just last month, I hosted a forum for local businesses in Bundaberg with Federal Minister for Small Business Bruce Billson.

We’re giving business the confidence and stability they need to invest and employ! Labor gave us two Prime Ministers, two Treasurers, five assistant treasurers, and six small business ministers.

Keith Pitt MP

Federal Member for Hinkler.

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Trade Support Loans to build a stronger Australia

In less than two weeks, Hinkler apprentices will be able to apply for loans of up to $20,000 to help them complete their trade.

Federal Member for Hinkler Keith Pitt said the Coalition Government was delivering on its commitment to introduce Trade Support Loans, in a scheme similar to HECS or HELP.

“About 50 per cent of young apprentices do not complete their training because they cannot afford the costs associated with undertaking an apprenticeship,” Mr Pitt said.

An electrician by trade, who completed his apprenticeship at Fairymead sugar mill, Mr Pitt said a diverse and skilled workforce was vital to having a strong economy.

“Not everyone wants to go to university, and I’m committed to making sure there are also opportunities for those people,” Mr Pitt said.

“There are currently 1,725 people undertaking an apprenticeship in Hinkler. Over the last five years, under Labor, employment growth in the technical and trades field was below average. I want to see the number of apprentices increase.”

Mr Pitt, who spoke extensively about the loans in Parliament this week, said apprentices who successfully completed their training would be rewarded.

“When an apprentice completes their training, 20 per cent of the loan (up to $4000) will be immediately deducted from the debt,” Mr Pitt said.

“The loans will only be repayable once apprentices earn more than $53,345 a year.

“These loans will provide real support for current apprentices to complete their skills training and provide a stronger incentive for young Australians to become apprentices.”

The Trade Support Loans will specifically target occupations on the National Skills Needs List such as plumbers, diesel mechanics, electricians and fitters.

The Trade Support Loans programme replaces the Tools For Your Trade payment. Under Labor, the payment had effectively become a hand-out that did little to help apprentices complete their training. The payment was only given in the later years, instead of when apprentices needed it most.

The Trade Support Loans program starts on July 1, and is part of the Government’s Economic Action Strategy to build a strong, prosperous economy.

Hinkler apprentices can borrow up to $20,000 over the entire period of their training, with more support provided during the initial years when it is needed most. They can borrow up to $8,000 in the first year of the apprenticeship, $6,000 in the second, $4,000 in the third and $2,000 in the fourth.

[ENDS]

Media contact: Larine Statham 0427 653 814

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Consideration in Detail – Appropriation Bills (Industry Part 2)

Mr PITT (Hinkler) (10:29): My second question is also on the Entrepreneurs’ Infrastructure Program. I want to ensure that the minister is aware of some of the absolutely valuable additions from the Hinkler electorate to manufacturing. We are the biggest producer of heavy vegetables in Australia. All of our agriculturalists know that farm gate returns are simply not high enough so we need those value-added products to increase not only productivity but the return to our farmers to make them viable. Inside my electorate, Minister, we have opportunities for macadamias and sweet potatoes. We already have organisations like Austchilli with David and Trent De Paoli. They are a major exporter of chilli, basil and avocado products all over the world. These secondary level manufacturers help our local producers.

The other thing the minister may not be aware of is that the Bundaberg port is completely underutilised. The opportunities in Bundaberg and in the Hinkler electorate are quite simple. Land is cheap. We have lots of it. There is a lay-down area in Bundaberg as big as the Brisbane port. We could build container ports, build industry or do anything but we need that seed funding to help those things along. Certainly it is low risk. We are below the Barrier Reef and are in a low cyclone risk area. There are opportunities there.

The Bundaberg Foundry, for example, located in Bundaberg just celebrated 125 years of manufacturing. It is still there but it is under pressure from the carbon tax and from red and green tape. They are struggling. Electricity costs are up $1 million. Minister, if you can name a foundry in Australia that is making $1 million a year, I would be very interested.

The Entrepreneurs’ Infrastructure Program is incredibly important. Minister, further to my last question on the government’s commitment to industry policy and, more specifically, the delivery of the new Entrepreneurs’ Infrastructure Program through the single business service initiative, will you advise what the government is doing to ensure that there is smooth transition from the closure of existing programs to the launch of the new Entrepreneurs’ Infrastructure Program? Is there a date by which the program will be functioning? Is the government on track to meet that date? How will businesses, particularly SMEs, interact and gain access to the new Entrepreneurs’ Infrastructure Program—businesses like Hervey Bay seafood and the Hervey Bay scallop, who could certainly do with an automated shucking machine even though something that would work functionally has not been built yet? How does this new initiative simplify the process for business to seek support? What has the reaction been from major stakeholders to this budget measure?

Mr IAN MACFARLANE (Groom—Minister for Industry) (10:32): I again thank the Member for Hinkler and say how impressed I am by the support he gives businesses in his electorate and his knowledge of the issues that they face. I have had the opportunity to visit the city of Bundaberg on numerous occasions. In fact, I remember going there when I was quite young and I remember my attraction to it when I was an older person—fortunately, I managed to break that habit and I do not drink Bundaberg Rum anymore. It is a great product and I certainly do not bemoan it. It has made Bundaberg very famous. The Member for Hinkler asked me about the Entrepreneurs’ Infrastructure Program.

Opposition members interjecting—

Mr IAN MACFARLANE: I hear interjections from the other side about handouts. I think we need to be very clear about these programs and how they work. They work to give businesses a hand up and not a handout. I know the Labor Party are infamous for spraying money around with gay abandon and very little purpose. One of the great problems we have had since we took government is dealing with the bandaids they had applied to various industries. I can ask them what commitments and long-term benefits they achieved for the millions of dollars they gave to Alcoa or for the millions of dollars that they gave to GMH to stay in Australia.

Our programs are specifically targeted at producing results. The government’s decision to implement the new Entrepreneurs’ Infrastructure Program took into consideration the existing status of all current programs that are planned to be phased out of operation. It was almost a grab bag of programs, some of which you, Mr Deputy Speaker, would be shocked to know actually never came into operation. Money was allocated, announcements were made, launches were relaunched but nothing ever happened. I know, you, particularly, Deputy Speaker Scott, would be shocked by that, knowing the value of money! The reality is, though, that we are going to ensure that there are well-targeted programs. To ensure that no business misses out this government has made provision for Commercialisation Australia to operate through until 31 December 2014 and deal with all applications formally lodged before the close of business in 2014.

Additionally, Enterprise Connect will run on a business-as-usual basis until the end of this current financial year and any small- to medium-business owners that were dealing with either Commercialisation Australia or Enterprise Connect will be able to be transferred across to the new Entrepreneurs’ Infrastructure Program from early in the new financial year to ensure there is a seamless transition.

The Member for Hinkler asked me about the start-up dates in relation to the Entrepreneurs’ Infrastructure Program. In line with 2014-15 budget commitments, the Entrepreneurs’ Infrastructure Program will operate from 1 July 2014. Its interaction with SMEs and access by SMEs is very simple: business will be able to gain access and interact with the Entrepreneurs’ Infrastructure Program in person, on the phone or via the internet or email. Throughout this month of June all details of the program will be placed on the Department of Industry’s website.

I was asked how this program works in comparison to previous programs. The reality is, as I have just mentioned, there was when we inherited government an overlapping plethora of small grants and entitlements that were not targeted towards any specific outcome. We are sitting about getting the economic settings right, getting rid of red tape and equipping business by giving them the market, information and skills they need. We must remember that Labor’s legacy is one of indecision and change. In the last three years, in fact, there were 14 ministers through the former Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education—and you wonder why small business was glad to see them go.

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Consideration in Detail – Appropriation Bills (Industry Part 1)

Mr PITT (Hinkler) (10:16): The coalition is committed to driving business competitiveness by supporting business improvement and promoting economic growth through commercialisation of new ideas. I want to ask about the government’s commitment to industry policy—more specifically, the delivery of the new Entrepreneurs’ Infrastructure Program through a single business service initiative. Mr Deputy Speaker, as you would be aware, unemployment in my region increased to over nine per cent under the previous Labor government, during the Rudd-Gillard-Rudd years. It is absolutely essential that we do things to help the economy in the regions, so, Minister, I ask you to list the programs and the new initiatives that the coalition government is providing for industry to help drive competitiveness and create jobs of the future. Also, focusing on the Entrepreneurs’ Infrastructure Program, would you tell me the rationale for the creation of this new and innovative program? What are the primary objectives and components of the program? How much funding will it receive? What progress is being made in the establishment of the EIP?

Mr IAN MACFARLANE (Groom—Minister for Industry) (10:17): I thank the Member for Hinkler for his question. I know that, in the short nine months that he has been there, he has had an enormous impact in terms of encouraging new businesses and new industries to that region. He has certainly ensured that businesses in Hinkler—or potentially in Hinkler, or if he can steal them from anywhere else—are aware that he is more than welcoming of new businesses in his electorate. He is making sure that the ‘open for business’ sign is well and truly illuminated both here and overseas.

In answering the member for Hinkler’s questions, I will say how important it is that we continue to see businesses established and that we attract not only businesses from Australia but also foreign investment. Innovation in Australia is a very, very high priority for this government, as it was last time I held this portfolio, between 2001 and 2007. We want to invigorate people to commercialise their good ideas. A good idea is worth nothing until it is turned into a commercial opportunity, until it is turned into a job opportunity for people—and, in this case, the people of the seat of Hinkler in particular.

We are investing more than $2.25 billion in industry programs over the forward estimates, and this will deliver real outcomes and real jobs. We are certainly not abandoning the industries that those opposite would want you to believe we are. In terms of supporting industries, we have stood behind industries, we are adjusting industries and we are offering industries new opportunities.

The range of programs to assist that innovation, create jobs and provide a streamlined and focused approach to industry policy include, as the member mentioned: the Entrepreneurs’ Infrastructure Program, some $484 million manufacturing worth of funding; the Manufacturing Transition Program, some $50 million worth of funding; the growth fund to assist those involved in the auto industry to transition to new long-term jobs, a total of $155 million of which the Commonwealth government contributed $101 million; the Prime Minister’s National Industry Investment and Competitiveness Agenda, which will be announced in the months ahead; and the Industry Skills Fund, which, again, is a very important area in giving business the skills they need and their employees the skills they need to be competitive in an evolving and developing industry framework, some $476 million. Some might say the Trade Support Loan is the jewel in the crown of the training support area, some $1.9 billion of trade support loans. People wanting to do apprenticeships and certain traineeships will be able to access loans of up to $20,000 interest-free and adjusted with CPI annually.

The response from industry once we explained the Trade Support Loan scheme to them has been excellent. I was actually out my electorate last Friday doing that and the response was overwhelmingly positive. The cost of providing those loans interest-free is around $480 million in the forward estimates. As well as that, we have got: the Geelong Region and Melbourne North Investment Fund, some $54 million and we are well through that; the Tasmanian Investment Fund of $11 million; and the Automotive Transition Transformation scheme for the auto industry, exclusively for the auto industry, some $550 million.

The member asked about the Entrepreneurs’ Infrastructure Program. The new program, aimed at supporting the commercialisation of good ideas, establishes and delivers a straightforward, proactive and effective approach to industry policy through a substantive and more efficient implementation platform which is known as the single business service. It will provide market and industry information and advice to business. It will offer business management advice and skills. Experienced private sector business advisers will give access to research and innovators to re-engineer business operations. It will also connect them to supply chains and potential markets as well as commercialisation advice.

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