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Thursday, 9 December 1971
Page: 4621

Mr Everingham (CAPRICORNIA, QUEENSLAND) asked the Treasurer, upon notice:

(1)   Has his' attention' been drawn to reports that the New ' South Wales Government will require at least $75m for infrastructure connected with the proposed Armco-Kaiser-Thysser-Huette steelworks at Jervis Bay.

(2)   Will the 'Commonwealth out of company tax received from the project grant to the State, local and other statutory authorities free of inter-' est charges the amounts necessary to pay off all loan commitments and revenue expenditure on such infrastructure, to ensure the fullest efficiency of the industry, control of pollution and preservation of the ecology and recreational amenities of the area, and ensure that housing and living conditions in the new communities established in .he area will not compare unfavourably wilh those of new planned settlements in the Australian Capital Territory.

Mr Snedden - The answer to the honourable member's question is as follows:

Although I am generally aware of the proposals for establishment of such a steelworks, I have no detailed knowledge of the infrastructure requirements that would be involved. I point out that the area in question is in New South Wales and not in Commonwealth territory. Matters relating to infrastructure requirements and financing are therefore within the province of the State Government rather than the Commonwealth Government, and no approaches have been made to the Commonwealth in connection with the financing of either the proposed project itself or infrastructure requirements relating to it.

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