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Legislative Assembly for the ACT: 2000 Week 11 Hansard (30 November) . . Page.. 3595 ..

(10) What is the basis of the statement in the Chief Minister's 1997-1998 Annual Report that a "conservative estimate of the economic benefit of every $1 spent on wine development is that an extra $0.60 is spent in the wider economy."

This is an estimate of the indirect impact on the broad ACT economy that is a result of BRL Hardy's direct investment in wine development. The ratio of direct to indirect benefits comes from ABS industry multipliers and the ACT Input/Output Economic Model.

The establishment of BRL Hardy is a significant incentive for the further development of the wine industry in the region. Grape growers now look forward to the availability of a local facility in which grapes can be crushed at a competitive rate.

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