Sam McMahon (NT, Country Liberal Party) Share this | Hansard source

I, and also on behalf of Senators McKenzie, Canavan, Davey and McDonald, move:

That the Senate—

(a) notes the importance of the Northern Territory onshore gas industry and in particular the development of the Beetaloo Basin, which has the potential to generate billions of dollars for the Northern Territory economy and create over 6,000 jobs for Territorians;

(b) acknowledges the Northern Territory's Economic Reconstruction Commission's first report, which notes that the 'Beetaloo sub-basin shows significant potential to provide gas and liquids for energy use and to underpin a petrochemical manufacturing industry in the territory – driving significant economic benefit';

(c) welcomes Territorians' resounding rejection of Territory Alliance's anti-gas policies, which would have further devastated the Northern Territory's economy, undermined the creation of new jobs for all Territorians and prevented the Northern Territory from realising its potential to build a petrochemical manufacturing industry;

(d) congratulates the Country Liberal Party (CLP), led by Lia Finocchiaro, for their clear and positive economic and resources policies, which assisted the CLP to regain significant public support; and

(e) calls on the re-elected Northern Territory Labor Government to urgently work with the Federal Government and industry to ensure that the potential benefits of developing the Beetaloo Basin are fully realised.