Michaelia Cash (WA, Liberal Party, Minister for Jobs and Innovation) Share this | Hansard source

As colleagues would know, this government is also about creating new industries, and we have announced the creation of Australia's first ever space agency. The global space economy is worth about US$345 billion. Australia currently only has 0.8 per cent of that. We want Australians to get more of a share of the global space economy. It's also estimated that between now and 2030 investing in our space industry will create around 20,000 new jobs for Australians. Again, this is the first time an Australian government has given Australian businesses access to the world's biggest space missions and projects. Again, those of us on this side of the chamber know that, when you create new industries and invest in your businesses, they'll create jobs and employ more Australians.