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1 March 21, 11:40am Today's government announcement of a $50m boost for carbon capture projects supports the ongoing efforts of Austral… https://t.co/C2VAARVrHi
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by APPEALtd
26 February 21, 3:27pm The Beetaloo Sub-Basin has been selected as a High Priority Initiative in the Australian Government’s 2021 Infrastr… https://t.co/d6ku5Wz4eD
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by APPEALtd
26 February 21, 1:51pm Submissions for the annual APPEA Environment and Safety Excellence Awards are set to open soon. Find out more here: https://t.co/rvWbKJbJJO
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by APPEALtd
24 February 21, 1:41pm APPEA released its Western Australia State Election Platform today, showing how industry and government can work to… https://t.co/9CAGNxv3Ux
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by APPEALtd

If you’ve ever wondered what really makes a difference to economic growth in your state, a new Deloitte Access Economics report on how natural gas projects benefit state and territory economies might be a powerful reminder of why you support the industry.

In Queensland for example, $65 billion worth of natural gas mega-projects are behind an anticipated major economic boost as they will soon deliver cleaner energy to Asian markets and generate significant royalties for governments. That’s funding that will help pay for much-needed hospitals, schools and roads.

Queensland’s gross state product, the regional version of gross domestic product, is expected to grow around 3% this year then climb to 5% in 2015-16.

Similarly, the Northern Territory where the $34 billion Ichthys LNG project is under construction is tipped to post 5.5% growth this year then fall back to 4.5% the following year.

In Queensland and the NT, bi-partisan support and strong political leadership have set a sound platform for growth. By comparison, states with bans on natural gas exploration are at the bottom of the economic growth league table.

Both NSW and Victoria have a forecast rise of 2.8 % this year dropping back to 2% in 2015-16.

Jobs and our economic prosperity can’t be taken for granted.

Please encourage your family and friends to get behind gas for growth at www.ournaturaladvantage.com.au.

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