Page 1743 - Week 06 - Wednesday, 13 May 2015

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That this Assembly:

(1) notes:

(a) Canberra’s concentration of outstanding education and research institutions, entrepreneurs, innovative high growth businesses and large multinationals is positioning our city as a globally recognised hub of entrepreneurial success—a clever, connected and creative city that attracts companies, ideas and talent through its innovation and entrepreneurial excellence;

(b) the CBR Innovation Network has been established to provide a network linking businesses and entrepreneurs to services, facilities and stakeholders that will accelerate their innovation and growth;

(c) by integrating, aligning and further developing Canberra’s diverse innovation activities, the Innovation Network will play a major role in accelerating innovation and growth to maximise wealth creation and the transformation of the ACT economy;

(d) twelve regional NSW local councils across the Alpine, Coastal and Southern Tablelands have joined forces with the ACT Government as part of the Canberra Region brand;

(e) the new regional brand will provide an exciting platform upon which local areas can promote their competitive strengths to potential visitors, investors, students, residents and businesses;

(f) the passage of the University of Canberra Amendment Bill 2015 has given the University greater clarity of purpose and authority in creating and pursuing commercial opportunities; and

(g) the expansion of UC’s functions to include cultural, sporting, professional, technical and vocational services to the community; and the commercial development or exploitation of its property, will create a greater range of economic opportunities for the UC, effectively broadening its revenue base and lessening its dependence on Government funding and support; and

(2) calls on the Legislative Assembly to continue to promote economic development in the Canberra region by supporting innovation, regional development opportunities and growth in the higher education sector.

This motion highlights how Canberra’s outstanding education and research institutions, entrepreneurs, innovative high-growth businesses and large multinationals are positioning our city as a globally recognised hub of entrepreneurial success, a clever, connected and creative city that attracts companies, ideas and talent through its innovation and entrepreneurial excellence. I call on all members of the Assembly to promote the dynamic economy of Canberra. Confidence in our economy breeds more confidence and economic success. I will show how this Labor government is investing in our diversified economy and promoting confidence in the ACT economy. Meanwhile, the federal Liberal government’s economic twists, turns and total reverses are making them a laughing stock.


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