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A new partnership for South Australia.



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JOINT MEDIA RELEASE

MARTIN FERGUSON

SHADOW MINISTER FOR REGIONAL DEVELOPMENT, TRANSPORT, INFRASTRUCTURE AND TOURISM DAVID COX SHADOW ASSISTANT TREASURER

A NEW PARTNERSHIP FOR SOUTH AUSTRALIA

Labor has commenced development of a new regional package of federal initiatives for South Australia that will create jobs, reinforce the state’s manufacturing base and improve services to all South Australians.

The announcement followed a meeting with State Treasurer Kevin Foley.

The package will build on the strengths of the South Australian economy focusing on: • Education • Tourism • Manufacturing • Defence industries • Mining and petroleum • Wine • Aquaculture • Food industries

The package will pay particular attention to the State’s two continuing vulnerabilities, electricity and water.

“Programs targeted to specific regions will lift performance and add to potential growth,” Martin Ferguson said.

“Shadow Assistant Treasurer, David Cox will be assisted by SA Senator Penny Wong in arranging extensive consultations with the South Australian community on the package,” Martin Ferguson said.

“Some sectors of the South Australian economy are performing well but there is room for considerable improvement and it is time to build on these sectors with initiatives that support the State’s strengths,” Mr Cox said.

“Developing competitive export industries requires a partnership between federal and state government. Federal and state Labor have a long history of working closely together on issues like naval ship building and the car industry,” Martin Ferguson said.

“We need to address weaknesses in current federal government policy as they relate to South Australia”, David Cox said.

“The Howard Government continues to ignore the difficulties faced by South Australia’s small wineries as a result of its Wine Equalisation Tax. These problems were clearly set out in the Trebeck Report released by the Federal Government this month. Labor went to the last election with a solution - an exemption from the WET for small wineries - a solution the Howard Government has refused to take up”, David Cox said.

Federal and State Labor are committed to working together to further the interests of South Australians.

ADELAIDE 22 November 2002

For further information phone: David Cox on 0418 847 830 Blythe Hamilton for Martin Ferguson on 0407099104