Malcolm Turnbull (Wentworth, Liberal Party, Minister for Communications) Share this | Hansard source

But I can, however, assure the honourable member that this will be a thoroughly consultative, forward-looking government—one that invests in growth to improve the prosperity of communities right across Australia, including, of course, Glenorchy in the honourable member's electorate. The Tasmanian government has said it will contribute $8 million to the fund, and the private sector will need to put in $2 for every $1 of government spending. This means the fund will potentially attract up to $72 million in funding from the government and the business community, and this is undoubtedly a huge opportunity for local business in both Glenorchy and right across Tasmania to embrace the future with a sense of optimism—to be more innovative, more agile and, above all, to invest in the enablers that will lift performance and deliver greater prosperity. That commitment, this commitment of which I have spoken—

Ms Collins interjecting—

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