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- 16 March 2004
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Page: 7284
Ministerial Statement
Mr DAVID CAMPBELL (Keira—Minister for Regional Development, Minister for the Illawarra, and Minister for Small Business) [2.24 p.m.]: The New South Wales Government is furthering access to overseas business development opportunities by supporting a network of New South Wales expats living and working in the United States of America. There are as many as 200,000 Australian professionals in the United States. They are a great resource because of their expertise and experience in American companies, international markets and the global economy. The New South Wales Government is collaborating with Advance—Australian Professionals in America—to enhance business links between our State and the United States of America. Working with Advance the New South Wales Government will host at least three events in the United States in 2004.
One is an Australian economic update, which will build on Sydney's reputation as the financial capital of the Asia-Pacific. We will also create a State-of-origin network to bring together New South Wales' expats working in the United States. The network will assist New South Wales businesses entering the American market and provide leads on American companies that might be attracted to business and investment opportunities in New South Wales. This year the New South Wales Government is providing initial funding to Advance of $A28,000. Our involvement with Advance provides the Government with a platform to showcase the opportunities and achievements of New South Wales to Americans. Advance members are, in effect, ambassadors for our State, able to sing its praises to Americans with whom they do business and provide a boost to our growing export market.
Mr ANDREW STONER (Oxley—Leader of The Nationals) [2.25 p.m.]: The Opposition welcomes the use of this network of expatriate professionals in the United States of America. Australia has produced a great number of professional people who are at the vanguard of their various industries around the world, including the United States of America. Therefore, it is only appropriate that the New South Wales Government utilises this network in the United States and other parts of the world. I hope that the Government persists with the strategy of promoting all of New South Wales—not only Sydney but regional New South Wales—as a wonderful place to do business and as a producer of great products and exports. I hope this network will complement the wonderful work done by the Federal Government in negotiating the United States free trade agreement. I trust that the Federal Labor Party will get behind the free trade agreement when it comes before Federal Parliament.
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