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Monday, 10 September 2018
Page: 8476

Defence Industry

Consideration resumed of the motion:

That this House:

(1) notes that:

(a) the Government's record $200 billion investment in the Australian Defence Force (ADF) capabilities represents a unique opportunity for Australian businesses;

(b) many Australian businesses who first supplied defence materials to the Australian Government go on to export these products overseas; and

(c) Australia ranks thirteenth in the world for defence expenditure, but is only the twentieth largest exporter;

(2) congratulates the Government on its activities to date to encourage local small businesses to bid for Government defence contracts, including the 2016 Defence White Paper, the Integrated Investment Program, the Defence Industry Policy Statement and the Centre for Defence Industry Capability (CDIC);

(3) welcomes the Government's efforts to develop a Defence Export Strategy to plan, guide and measure defence export outcomes that will support our foreign and trade policies, defence industry, defence capability and national security objectives; and

(4) encourages small and medium enterprises all over Australia to explore the opportunity to supply products and services for the ADF, and to contact the CDIC to learn more.