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Words won't help Western Australians plan for the future with confidence.



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Wed, 7th May 2008 WORDS WON'T HELP WESTERN AUSTRALIANS PLAN FOR THE FUTURE WITH CONFIDENCE

Michael Keenan MP Shadow Assistant Treasurer, Superannuation and Corporate Governance

Prime Minister Kevin Rudd's address to local business community this morning proves there is still no infrastructure plan for WA.

Shadow Assistant Treasurer Michael Keenan MP is today calling on the Prime Minister to keep his pledge of a detailed WA Infrastructure Fund to help Australia's booming state sustain its current growth and productivity.

Mr Keenan said legitimate questions asked by the WA business community at this morning's Chamber of Commerce and Industry breakfast needed to be answered now by Labor.

Prior to the election, the Prime Minister visited WA to great fanfare and promised that around $100 million annually would be allocated to WA from the Petroleum Resource Rent tax.

However, it is well known that this resource royalty money will not benefit Western Australians for up to 20 years - and Labor needs to decide now whether it is serious about ensuring the state's prosperity well into the future.

''Once again, we see Kevin Rudd visiting WA, waxing lyrical about our enterprising nature and our robust prosperity that is propping up the rest of the country,'' Mr Keenan said.

''He also claims to understand the 'specific challenges' being faced by Western Australians and that he wants to ensure that WA 'gets a fair slice of the action'.

''But where is the detail on the WA Infrastructure Fund? Where is the long-term plan?

''This morning in Perth, WA's leading business owners and investors asked these questions and got nothing but empty words in return.

''Western Australians don't want to wait 20 years for answers that can - and should - be given now by Kevin Rudd and the Labor Party.''