Simon Crean (Hotham, Australian Labor Party, Minister for Trade) Share this | Hansard source

I thank the honourable member for her question. Obviously, the benefits from this deal are huge—huge not just for Western Australia but huge for the nation. The other side does not want to hear about this. This is the problem with them. They would prefer to have a circumstance in which they are talking the economy down rather than welcoming the single biggest trade deal in Australia’s history. That is what we are recognising today: $50 billion in sales on top of $25 billion that was announced recently for India. These two deals obviously bring the Gorgon project a lot closer to completion. There are, of course, processes that have to be completed, but the government’s decision the other day to support the sequestration measures have been a significant factor in this, too. The Gorgon project as a whole is worth $300 billion in sales over the next 20 years. So this is huge. The project itself will be 6,000 jobs.

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